Contact Us Form

or Call Us At 800-986-1859

Email Us

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Take This One Minute Test -
Our Receivable Financing Company
Can Provide
Your Trucking Company
The Money You Need

Commercial Factoring

and California-Factoring-Companies.accountreceivableservices.net.

factoring truck loads

best trucking factoring company

best trucking factoring

trucking invoice factoring companies

http://receivablesfactoringcompany.com/master-sitemap.html

How I Improved My Profits in One Evening - Select 

A Freight Bill�Factoring Company  Instead Of A Typical Bank Funding

Exactly how to Increase Money Flow Without Loaning -Cash Money flow is among the primary reasons businesses fail.

 

Your Company might just have discovered factoring financing but you may mistake exactly what it is or much more significantly what it might do for your business. Factoring Lending likewise referred to as receivables funding is a kind of asset based financing that can enhance a business' immediate cash flow needs. It is not a loan; no debt is assumed by factoring ,and the funds are unrestricted. Freight Bill Factoring Companies in Largest Factoring Companies Commercial Factoring at Accountreceivableservices.net- supporting freight factoring rates services california-factoring-companies

Accountreceivableservices.net-Commercial Factoring

California

Freight Bill Factoring Companies

Factoring firms will, in substitution for your bill of sales, provide you with the resources immediately to make sure that you don't need to fret about the delaying duration which could make paying off the expenses and getting toolsmore difficult. With this form of arrangement, invoice factoring can come to be extraordinarily useful for lots of establishments who have to avoid a money trap which they have discovered themselves in.

 

 

Factoringbusiness.Org

Commercial Factoring Companies

Factoring firms will, in substitution for your bill of sales, provide you with the resources immediately to make sure that you don't need to fret about the delaying duration which could make paying off the expenses and getting toolsmore difficult. With this form of arrangement, invoice factoring can come to be extraordinarily useful for lots of establishments who have to avoid a money trap which they have discovered themselves in.

 

 



Factoringbusiness.Org

 

 

 

Commercial Factoring Companies

Factoring firms will, in substitution for your bill of sales, provide you with the resources immediately to make sure that you don't need to fret about the delaying duration which could make paying off the expenses and getting toolsmore difficult. With this form of arrangement, invoice factoring can come to be extraordinarily useful for lots of establishments who have to avoid a money trap which they have discovered themselves in.

 

 



Factoringbusiness.Org

Oilfield Services Factoring

 

At one time or another, every company, even successful ones, have experienced bad cash flow.

Money flow does not have to be a problem any more. Do not be fooled -- banks are not the only places you can get financing. Other solutions are offered and you do not have to borrow. Exactly what is trucking factoring ? One option is called truck factoring. Trucking Factoring is the process of selling accounts receivable to a financier instead of waiting to gather the cash from the customer. Oh, the Irony- Truck factoring has a paradoxical distinction: It is the financial foundation of numerous of America's most effective businesses. Why is this paradoxical ? Because invoice factoring is not instructed in business colleges, is rarely discussed in business plans and is relatively unknown to the majority of most of American company people.

Yet it is a monetary process that frees billions of dollars every year, allowing countless companies to grow and prosper. Truck Factoring has been around for countless years. Trucking Factoring Companies are investors who pay money for the right to receive the future payments on your invoices. An unpaid receivable or invoice has value. It is a financial obligation your client has agreed pay in the near future. Factoring Principals--Although factoring deals exclusively with business-to-business transactions, a large percentage of the retail business uses a factoring principal. MasterCard, Visa, and American Express all utilize a form of factoring in their retail transactions. Using the purest definition of the word, these big consumer finance business are really just big Commercial Factoring Companies of customer paper. Consider it: You make a purchase at Sears and charge it to your MasterCard. The store gets paid practically instantly, although you do not make payment until you are ready.

For this service, the charge card company charges Sears a charge (typical common normal charges range from two to 4 percent of the sale). The Benefits Staffing Factoring can offer many advantages to cash-hungry business. Instead of waiting 30, 60, 90 days or longer for payment on a product that has currently been delivered, a company can factor (sell) its receivables for money at a small price cut off the dollar value of the invoice. Payroll, marketing efforts, and working capital are simply a few of the company requirements that can be met with instant  money.

Invoice Factoring offers the ways for a manufacturer to renew inventory and make more products to offer: There is no longer a need to wait for earlier sales to be paid. FACTORING is not just a cash management tool for producers: Practically any type company can benefit from Receivable Loan Financing. Typically, a company that extends credit will have 10 to 20 percent of its annual sales tied up in accounts receivable at any given time. Think for a minute about how much is tied up in 60 days' worth of invoices: You can not pay the power expense or today s payroll with a customer s invoice, however you can offer that invoice for the cash to satisfy those responsibilities. Using trucking factoring companies is a quick and easy process. The factor purchases the invoice at a discount, typically a few percentage points less than the stated value of the invoice.

www.Accountreceivableservices.Org

 

commercial factoring

 

The economy of California is large enough to be comparable to that of the largest of countries. FY 2011[update], the gross state product (GSP) is about $1.96 trillion, the largest in the United States.[102] California is responsible for 13.1 percent of the United States' $14.96 trillion gross domestic product (GDP). California's GDP is larger than that of all but 8 countries in dollar terms (the United States, China, Japan, Germany, France, Brazil, the United Kingdom, and Italy). California's GDP is larger than the GDPs of Russia, India, Canada, Australia, and Spain; in terms of Purchasing Power Parity,[103] it is larger than all but 9 countries (the United States, China, India, Japan, Germany, Russia, Brazil, France, the United Kingdom, Italy), larger than Mexico, South Korea, Spain, Canada, and Turkey. In terms of jobs, the five largest sectors in California are trade, transportation, and utilities; government; professional and business services; education and health services; and leisure and hospitality. In terms of output, the five largest sectors are financial services, followed by trade, transportation, and utilities; education and health services; government; and manufacturing. Agriculture is an important sector in California's economy. Farming-related sales more than quadrupled over the past three decades, from $7.3 billion in 1974 to nearly $31 billion in 2004.[107] This increase has occurred despite a 15 percent decline in acreage devoted to farming during the period, and water supply suffering from chronic instability. Factors contributing to the growth in sales-per-acre include more intensive use of active farmlands and technological improvements in crop production.[107] In 2008, California's 81,500 farms and ranches generated $36.2 billion products revenue.[108] In 2011, that number grew to $43.5 billion products revenue.

 

 

Commercial Factoring

Please call our
truck factoring specialists at
1 - 888-239-9162
or

E-mail Us



OnLine


Trucking Factoring Request Kind

 

 

Trucking Factoring Companies-FactorMoney.com

 

California

 

The United states Transportation Association
states that there are about
195,000 truck drivers with freight trucking
businesses and
276,000 private providers trucking
companies accredited to
operate in the States that transported,
according to their most current searchings for billions of
products, materials and
fundamental products .
There are a number of typical
providers either going solo or in
teams on our nation
highways carrying these
vital products to our
shops, manufacturing facilities and ports.

And  freight factoring
corporations aid
many of them and offer their
factoring facilities
countrywide counting
including the following states.


: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware,Florida,
Georgia, Hawaii, Idaho State,Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,
Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska,
Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina,
North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina,
South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia,
Wisconsin, and Wyoming

Commercial Factoring

"

Los Angeles officially the City of Los Angeles, often known by its initials L.A., is the most populous city in the U.S. state of California and the second-most populous in the United States, after New York City, with a population at the 2010 United States Census of 3,792,621. It has a land area of 469 square miles (1,215 km2), and is located in Southern California.

The city is the focal point of the larger Los Angeles–Long Beach–Anaheim metropolitan statistical area and Greater Los Angeles Area region, which contain 13 million and over 18 million people in Combined statistical area respectively as of 2010, making it one of the most populous metropolitan areas in the world and the second-largest in the United States. Los Angeles is also the seat of Los Angeles County, the most populated and one of the most ethnically diverse counties in the United States, while the entire Los Angeles area itself has been recognized as the most diverse of the nation's largest cities. The city's inhabitants are referred to as Angelenos.

Los Angeles was founded on September 4, 1781, by Spanish governor Felipe de Neve. It became a part of Mexico in 1821 following the Mexican War of Independence. In 1848, at the end of the Mexican–American War, Los Angeles and the rest of California were purchased as part of the Treaty of Guadalupe Hidalgo, thereby becoming part of the United States. Los Angeles was incorporated as a municipality on April 4, 1850, five months before California achieved statehood.

Nicknamed the City of Angels, Los Angeles is a global city, with strengths in business, international trade, entertainment, culture, media, fashion, science, sports, technology, education, medicine and research and has been ranked sixth in the Global Cities Index and 9th Global Economic Power Index. The city is home to renowned institutions covering a broad range of professional and cultural fields and is one of the most substantial economic engines within the United States. The Los Angeles combined statistical area (CSA) has a gross metropolitan product (P) of $831 billion (as of 2008), making it the third-largest in the world, after the Greater Tokyo and New York metropolitan areas. Los Angeles includes Hollywood and leads the world in the creation of television productions, video games, and recorded music; it is also one of the leaders in motion picture production. Additionally, Los Angeles hosted the Summer Olympic Games in 1932 and 1984.

The Los Angeles coastal area was first settled by the Tongva (or Gabrieleños) and Chumash Native American tribes thousands of years ago. A Gabrielino settlement in the area was called iyáang? (written Yang-na by the Spanish), meaning "poison oak place".

Juan Rodríguez Cabrillo, a Portuguese-born explorer, claimed the area of southern California for the Spanish Empire in 1542. Gaspar de Portolà and Franciscan missionary Juan Crespí, reached the present site of Los Angeles on August 2, 1769.

In 1771, Franciscan friar Junípero Serra directed the building of the Mission San Gabriel Arcángel, the first mission in the area. On September 4, 1781, a group of forty-four settlers known as "Los Pobladores" founded the pueblo called "El Pueblo de Nuestra Señora la Reina de los Ángeles del Río de Porciúncula"; in English it is "The Town of Our Lady the Queen of the Angels of the Porciúncula River". The Queen of the Angels is an honorific of the Virgin Mary. Two-thirds of the settlers were mestizo or mulatto with a mixture of African, indigenous and European ancestry. The settlement remained a small ranch town for decades, but by 1820, the population had increased to about 650 residents. Today, the pueblo is commemorated in the historic district of Los Angeles Pueblo Plaza and Olvera Street, the oldest part of Los Angeles.

New Spain achieved its independence from the Spanish Empire in 1821, and the pueblo continued as a part of Mexico. During Mexican rule, Governor Pío Pico made Los Angeles Alta California's regional capital. Mexican rule ended during the Mexican–American War: Americans took control from the Californios after a series of battles, culminating with the signing of the Treaty of Cahuenga on January 13, 1847.

Railroads arrived with the completion of the Southern Pacific line to Los Angeles in 1876. Oil was discovered in 1892, and by 1923, the discoveries had helped California become the country's largest oil producer, accounting for about one-quarter of the world's petroleum output.

By 1900, the population had grown to more than 102,000, putting pressure on the city's water supply. The completion of the Los Angeles Aqueduct in 1913, under the supervision of William Mulholland, assured the continued growth of the city.

In 1910, not only had the city of Los Angeles annexed Hollywood, but there were already at least 10 movie companies operating in the city. By 1921, more than 80 percent of the world's film industry was concentrated in L.A. The money generated by the industry kept the city insulated from much of the economic pain suffered by the rest of the country during the Great Depression. By 1930, the population surpassed one million. In 1932, the city hosted the Summer Olympics.

During World War II, Los Angeles was a major center of wartime manufacturing, such as shipbuilding and aircraft. Calship built hundreds of Liberty Ships and Victory Ships on Terminal Island, and the Los Angeles area was the headquarters of six of the country During the war, more aircraft were produced in one year than in all the pre-war years since the Wright brothers invented the airplane in 1903, combined. Manufacturing in Los Angeles skyrocketed, and as William S. Knudsen, of the National Defense Advisory Commission put it, "We won because we smothered the enemy in an avalanche of production, the like of which he had never seen, nor dreamed possible.

Following the end of World War II, Los Angeles grew more rapidly than ever, sprawling into the San Fernando Valley. The expansion of the Interstate Highway System during the 1950s and 1960s helped propel suburban growth and signaled the demise of the city's electrified rail system, once the world's largest.

The 1960s saw race relations boil-over into the Watts Riots of 1965 which resulted in 34 deaths and over 1,000 injuries. It was the most severe riot in the city's history until the Los Angeles riots of 1992. In 1969, Los Angeles became one of the birthplaces of the Internet, as the first ARPANET transmission was sent from the University of California, Los Angeles (UCLA) to SRI in Menlo Park.[49]

In 1984, the city hosted the Summer Olympic Games for the second time. Despite being boycotted by 14 Communist countries, the 1984 Olympics became more financially successful than any previous,[50] and the second Olympics to turn a profit until then – the other, according to an analysis of contemporary newspaper reports, being the 1932 Summer Olympics, also held in Los Angeles.[51]

Racial tensions erupted on April 29, 1992, with the acquittal by a Simi Valley jury of the police officers captured on videotape beating Rodney King, culminating in large-scale riots.[52] In 1994, the 6.7 Northridge earthquake shook the city, causing $12.5 billion in damage and 72 deaths.[53] The century ended with the Rampart scandal, one of the most extensive documented cases of police misconduct in American history.[54]

In 2002, voters defeated efforts by the San Fernando Valley and Hollywood to secede from the city.[55]

 

The economy of Los Angeles is driven by international trade, entertainment (television, motion pictures, video games, recorded music), aerospace, technology, petroleum, fashion, apparel, and tourism. Los Angeles is also the largest manufacturing center in the western United States.[106] The contiguous ports of Los Angeles and Long Beach together comprise the fifth-busiest port in the world and the most significant port in the Western Hemisphere and is vital to trade within the Pacific Rim.[106] Other significant industries include media production, finance, telecommunications, law, healthcare, and transportation.

The Los Angeles–Long Beach–Santa Ana metropolitan statistical area (MSA) has a gross metropolitan product (P) of $735.7 billion (as of 2010),[107] making it the third largest economic center in the world, after the Greater Tokyo Area and the New York-Newark-Bridgeport CSA. If counted as a country, the surrounding CSA has the 15th largest economy in the world in terms of nominal GDP.[108] Los Angeles has been classified an "Alpha world city" according to a 2012 study by a research group at Loughborough University in England.[109]

The city is home to six Fortune 500 companies. They are energy company .

The University of Southern California (USC) is the city's largest private sector employer and contributes $4 billion annually to the local economy.[110]

According to the city's 2010 Comprehensive Annual Financial Report, the top ten employers in the city as of 2009 were, in descending order, the City of Los Angeles, the County of Los Angeles, University of California, Los Angeles, University of Southern California,.[111]

 

San Diegois a major city in California, on the coast of the Pacific Ocean in Southern California, approximately 120 miles (190 km) south of Los Angeles and immediately adjacent to the border with Mexico. With an estimated population of 1,322,553 as of 2012,[11] San Diego is the eighth-largest city in the United States and second-largest in California. San Diego is the birthplace of California[12] and is known for its mild year-round climate, natural deep-water harbor, extensive beaches, long association with the U.S. Navy, and recent emergence as a healthcare and biotechnology development center.

Historically home to the Kumeyaay people, San Diego was the first site visited by Europeans on what is now the West Coast of the United States. Upon landing in San Diego Bay in 1542, Juan Rodríguez Cabrillo claimed the entire area for Spain, forming the basis for the settlement of Alta California 200 years later. The Presidio and Mission of San Diego, founded in 1769, formed the first European settlement in what is now California. In 1821, San Diego became part of newly independent Mexico, and in 1850, became part of the United States following the Mexican-American War and the admission of California to the union.

The city is the seat of San Diego County and is the economic center of the region as well as the San Diego–Tijuana metropolitan area. San Diego's main economic engines are military and defense-related activities, tourism, international trade, and manufacturing. The presence of the University of California, San Diego (UCSD), with the affiliated UCSD Medical Center, has helped make the area a center of research in biotechnology.

Pre-colonial period

The original inhabitants of the region are now known as the San Dieguito and La Jolla people.[13] The area of San Diego has been inhabited by the Kumeyaay people.[14][15] The first European to visit the region was Portuguese-born explorer Juan Rodríguez Cabrillo sailing under the flag of Castile. Sailing his flagship San Salvador from Navidad, New Spain, Cabrillo claimed the bay for the Spanish Empire in 1542 and named the site 'San Miguel'. In November 1602, Sebastián Vizcaíno was sent to map the California coast. Arriving on his flagship San Diego, Vizcaíno surveyed the harbor and what are now Mission Bay and Point Loma and named the area for the Catholic Saint Didacus, a Spaniard more commonly known as San Diego de Alcalá. On November 12, 1602, the first Christian religious service of record in Alta California was conducted by Friar Antonio de la Ascensión, a member of Vizcaíno's expedition, to celebrate the feast day of San Diego.

Spanish period

In May 1769, Gaspar de Portolà established the Fort Presidio of San Diego on a hill near the San Diego River. It was the first settlement by Europeans in what is now the state of California. In July of the same year, Mission San Diego de Alcalá was founded by Franciscan friars under Father Junípero Serra. By 1797, the mission boasted the largest native population in Alta California, with over 1,400 neophytes living in and around the mission proper. Mission San Diego was the southern anchor in California of the historic mission trail El Camino Real. Both the Presidio and the Mission are National Historic Landmarks.

Mexican period

In 1821, Mexico won its independence from Spain, and San Diego became part of the Mexican state of Alta California. The fort on Presidio Hill was gradually abandoned, while the town of San Diego grew up on the level land below Presidio Hill. The Mission was secularized by the Mexican government in 1834, and most of the Mission lands were sold to wealthy Californio settlers. The 432 residents of the town petitioned the governor to form a pueblo, and Juan María Osuna was elected the first alcalde ("municipal magistrate"), defeating Pío Pico in the vote. (See, List of pre-statehood mayors of San Diego.) However, San Diego had been losing population throughout the 1830s and in 1838 the town lost its pueblo status because its size dropped to an estimated 100 to 150 residents. Beyond town Mexican land grants expanded the number of California ranchos that modestly added to the local economy.

In 1846, the United States went to war against Mexico and sent a naval and land expedition to conquer Alta California. At first they had an easy time of it capturing the major ports including San Diego, but the Californios in southern Alta California struck back. Following the successful revolt in Los Angeles, the American garrison at San Diego was driven out without firing a shot in early October 1846. Mexican partisans held San Diego for three weeks until October 24, 1846, when the Americans recaptured it. For the next several months the Americans were blockaded inside the pueblo. Skirmishes occurred daily and snipers shot into the town every night. The Californios drove cattle away from the pueblo hoping to starve the Americans and their Californio supporters out. On December 1 the Americans garrison learned that the dragoons of General Stephen W. Kearney were at Warner's Ranch. Commodore Robert F. Stockton sent a mounted force of fifty under Captain Archibald Gillespie to march north to meet him. Their joint command of 150 men, returning to San Diego, encountered about 93 Californios under Andrés Pico. In the ensuing Battle of San Pasqual, fought in the San Pasqual Valley which is now part of the city of San Diego, the Americans suffered their worst losses in the campaign. Subsequently a column led by Lieutenant Gray arrived from San Diego, rescuing Kearny's battered and blockaded command.

Stockton and Kearny went on to recover Los Angeles and force the capitulation of Alta California with the "Treaty of Cahuenga" on January 13, 1847. As a result of the Mexican-American War of 1846–1848, the territory of Alta California, including San Diego, was ceded to the United States by Mexico, under the terms of the Treaty of Guadalupe Hidalgo in 1848. The Mexican negotiators of that treaty tried to retain San Diego as part of Mexico, but the Americans insisted that San Diego was "for every commercial purpose of nearly equal importance to us with that of San Francisco," and the Mexican-American border was eventually established to be one league south of the southernmost point of San Diego Bay, so as to include the entire bay within the United States.

American period

The state of California was admitted to the United States in 1850. That same year San Diego was designated the seat of the newly established San Diego County and was incorporated as a city. Joshua H. Bean, the last alcalde of San Diego, was elected the first mayor. Two years later the city was bankrupt; the California legislature revoked the city's charter and placed it under control of a board of trustees, where it remained until 1889. A city charter was re-established in 1889 and today's city charter was adopted in 1931.

The original town of San Diego was located at the foot of Presidio Hill, in the area which is now Old Town San Diego State Historic Park. The location was not ideal, being several miles away from navigable water. In 1850, William Heath Davis promoted a new development by the Bay shore called "New San Diego", several miles south of the original settlement; however, for several decades the new development consisted only a few houses, a pier and an Army depot. In the late 1860s, Alonzo Horton promoted a move to the bayside area, which he called "New Town" and which became Downtown San Diego. Horton promoted the area heavily, and people and businesses began to relocate to New Town because of its location on San Diego Bay convenient to shipping. New Town soon eclipsed the original settlement, known to this day as Old Town, and became the economic and governmental heart of the city. Still, San Diego remained a relative backwater town until the arrival of a railroad connection in 1878.

In the early part of the 20th century, San Diego hosted two World's Fairs: the Panama-California Exposition in 1915 and the California Pacific International Exposition in 1935. Both expositions were held in Balboa Park, and many of the Spanish/Baroque-style buildings that were built for those expositions remain to this day as central features of the park. The buildings were intended to be temporary structures, but most remained in continuous use until they progressively fell into disrepair. Most were eventually rebuilt, using castings of the original facades to retain the architectural style. The menagerie of exotic animals featured at the 1915 exposition provided the basis for the San Diego Zoo. During the 1950s there was a citywide festival called Fiesta del Pacifico highlighting the area's Spanish and Mexican past. In the 2010s there was a proposal for a large-scale celebration of the 100th anniversary of Balboa Park, but the plans were abandoned when the organization tasked with putting on the celebration went out of business.

The southern portion of the Point Loma peninsula was set aside for military purposes as early as 1852. Over the next several decades the Army set up a series of coastal artillery batteries and named the area Fort Rosecrans. Significant U.S. Navy presence began in 1901 with the establishment of the Navy Coaling Station in Point Loma, and expanded greatly during the 1920s. By 1930 the city was host to Naval Base San Diego, Naval Training Center San Diego, San Diego Naval Hospital, Camp Matthews, and Camp Kearny (now Marine Corps Air Station Miramar). The city was also an early center for aviation: as early as World War I San Diego was proclaiming itself "The Air Capital of the West." The city was home to important airplane developers and manufacturers, founded in 1923. Charles A. plane The Spirit of St. Louis was built in San Diego in 1927 by Airlines.

During World War II, San Diego became a major hub of military and defense activity, due to the presence of so many military installations and defense manufacturers. The city's populatio"

california Cities

california

Los Angeles

 

View Our Trucking Factoring YouTube Videos For More Information

 

Oilfield services Receivables Financing company Calculator
This calculator will show you how much you will make by using our Oilfield services Receivables Financing company . But, as your about todiscover, youwill certainly notice the increased cash flow that will occur when you use our Oilfield services Receivables Financing company
Enter the principal balance of your Oilfield services Receivables Financing company
(call your Oilfield services Receivables Financing company lender and ask for the current payoff amount):
Enter the amount of your monthly Oilfield services Receivables Financing company payment:
(invoice amount):
Enter the your Oilfield services Receivables Financing company's current interest rate:

Click below to find Trucking Companies in the United States:

Trucking Companies serving to/from points within the United States,
categorized by services offered. United States Trucking
Companies will be listed under all categories in which they provide specified Trucking Services.
To find companies offering specific Trucking Services in the United States, click on the list of services below.

Searching for the right trucking companies to move your freight can be tough, with the large amount of local, regional, and national truck carriers out there. Center helps make freight shipping simple, finding you the safest, reliable trucking companies every time you ship. Trucking companies are licensed and insured to carry freight safely and efficiently across the country, no matter the size or type of freight you need to ship.Plus, with the high volume of freight we move, we will work to get you the best freight rates possible. Simply enter in a few details below and you�ll see instant freight rates from all the top trucking companies in one easy screen

 

EveryJob is a free service dedicated to helping professional truck drivers find new truck driving jobs with the best trucking companies hiring today!

Locate truck driving jobs by city, state, position andenefits offered. Search current driving jobs and fill out the EZ truck driver application customized for cdl trucking jobs

 

Searching for the right trucking companies to move your freight can be tough, with the large amount of local, regional, and national truck carriers out there. Center helps make freight shipping simple, finding you the safest, reliable trucking companies every time you ship. Trucking companies are licensed and insured to carry freight safely and efficiently across the country, no matter the size or type of freight you need to ship.Plus, with the high volume of freight we move, we will work to get you the best freight rates possible. Simply enter in a few details below and you�ll see instant freight rates from all the top trucking companies in one easy screen

 

The largest trucking companies in the U.S. set a revenue record in 2013, but revenuegrowth slowed for the second year in a row.

The combined revenue of the 50 largest motor carriers rose to $106.6 billion last year, according to The Top 50 Trucking Companies list, based on data prepared by Consulting Group in Pittsburgh.

 

EveryJob is a free service dedicated to helping professional truck drivers find new truck driving jobs with the best trucking companies hiring today!

Locate truck driving jobs by city, state, position andenefits offered. Search current driving jobs and fill out the EZ truck driver application customized for cdl trucking jobs

 

 

 

Watch Our Trucking Factoring Videos For More Information

 

 

http://commercialbusinessloan.org

 

 

commercial factoring

 

Best Factoring Companies-Commercialbusinessloan.Org

 

 

 

Get Rid of Those Receivables!

 

"

�So, this is not a loan?� asked Jim Simmons, reclining back into his chair and crossing his legs. The woman sitting across the desk from Jim smiled at him, shaking her head.�Not quite,� she stated.Jim was the owner of a small trucking company which had fallen on some hard times recently. Certainly the trucking business can be an extremely profitable venture, and for many years it had been that way for Edgar. He named his business Watkins Trucking, named after Edgarua and Henry, his two grandfathers. Both of these men had been very hardworking and had set a great example for Edgar.Disaster had struck half a year ago, when two trucks in Edgar�s fifteen truck fleet went down. One was a roll-over and ended up in the trucking graveyard: the other was involved in a serious and costly accident. Jim depended on his full fleet, and missing two trucks was devastating . In addition, he just did not have the available cash to buy a new truck, plus repair the other one.Paying of bills in the trucking industry is always a major cause for concern for businesses.

 

You could go a month or more before bills were completely paid off. In the long run, this wasn�t an issue, but if problems arose, you could find yourself in trouble.Jim was an excellent business man, and he certainly hadn't done anything wrong. Certain events had occurred that he could not possibly have predicted, and now he had to find a way to protect his business and prevent it from ultimate devastation.That�s where the woman across the desk came in. Jim knew she was employed by a Factoring company and that her name was Gina. Jim had come across her company as he sat in his office late one night, pouring over the internet for some solution to his problem long after his employees had gone home.She sat there now, and explained. �it is really not a loan at all: we actually buy your accounts receivable. we are not giving you finance to be repaid later: we are purchasing something from you, and when you can you can buy it back. This is a win-win situation: we are protected from a total loss, and you're protected from the ridiculous fees and charges you'd have to pay if you borrowed from a bank.Jim agreed. It sounded perfect - perhaps too good?.Gina laughed. �I'm not sure that you believe me,� she said.�Oh no, I do: it just sounds too good to be true. I actually thought I might end up losing my business.�Gina nodded. �Yes, we get a lot of that. Listen, I�d hate to see you lose your company. We know how hard you work, and that you've invested everything in your business. We all need help sometimes. That's why we do what we do.""Well, I'm very grateful that you came to see me today.""No problem - I'm just down the road. We normally do it all online but I was happy to come and visit you today,� Gina said with a smile. �Let's work out a solution to your problem.�And right there and then they created a business profile. Jim completed the form, with Gina offering advice as needed.

 

The completed profile gave Gina and her company all the information they needed on Edgar's business, and with this information they would determine if this business would in fact be suitable for Factoring. In truth, not all companies were. Some were beyond factoring special brand of help, and sometimes things weren�t even dire enough for it. Listening as Jim filled out his form, Gina was pretty sure he was a perfect candidate for factoring.Gina took the completed form and placed it in her briefcase. Standing up, she reached over the desk and shook Edgar's hand. He also stood up, and they smiled at each other. Jim walked Gina to the door where they said 'Goodbye', then he went back into his office.All his staff members were there, all seven who worked in his office. Sitting behind his desk once more he could hear the familiar sounds of his office workers going about their daily business.He leaned back and closed his eyes. He had felt so helpless lately, was sure the whole thing was collapsing, and would take him with it. Talking to Gina though, learning about factoring, it felt like a weight had been lifted from his shoulders. He relaxed into his chair, running his hand through his thick black hair with its telling streaks of grey.The long nights, where he couldn�t sleep. The sudden panic attacks, not matter where he was. He could feel it all fading away. He knew it wasn't over yet and that there was still a way to go, but he could just feel everything start to change for him. He was there, he was on the right path, and he was working to make things right.His mind wandered back to the very beginning, when he first started his business. He had opened a restaurant at age twenty two when he was fresh out of school. It had been really successful. Offering home cooking in his own hometown, his business had really prospered.But it wasn't what he really wanted to do. He wasn't passionate about the food industry. He thought about it for a long time, then decided it was time to sell his restaurant. He took half a year off, and in that time he thought to start Watkins Trucking. So he did it. For the second time in his short life he created a company from the ground up. He had been successful.Then disaster! The two trucks went down and suddenly his success wasn't looking so guaranteed. He was nearing fifty. He was concerned that he just did not have the energy left to try and save the business. But giving up wasn't part of his personality either.

 

Just the thought of shutting down, cutting his losses, laying off his workers - the whole thing made him physically sick some nights. He didn�t know how to say quit.And now, because of factoring, he was sure he wouldn�t have to. Jim opened his eyes, sat forward, turned his computer on. He had things to do. He could be thankful later, for now, it was time to work.

 

"

 

 

 

 

More Freight Factoring Definition -Articles

Best Factoring Companies-Commercialbusinessloan.Org

 

 

 

Freight Factoring Definition

 

"

Gonzales Truck & Haul have been operating their business since the mid 1980s. For more than twenty years they've been delivering goods for most major industries in the nation, with business booming as they traversed the country, in all kinds of weather, for all kinds of clients. During the boom times from 2002 to 2007 Gonzales Truck & Haul was the mastermind of a top-rated accounts receivable in the trucking industry. Very few customers were behind on their bills, and those customers who were late turned in their overdue payments within an acceptable time frame. Times were great for everyone, and the cash was flowing.But a short year later, in the fall of 2008, when the United States economy took a nosedive and businesses both small and large began to feel the pinch on their pocketbooks, those that used to make their demands had suddenly and largely gone silent. Business slowed down. Worse still, it was noticed by Gonzales in early 2008 that even though most of their loyal customers were on time with their payments, there were a few late bloomers who were starting to spread the disease. Spring changed to summer, summer changed to fall, and the CEO of Gonzales, Sean Rhodes, was beginning to feel very uncomfortable indeed whenever he looked at their weekly Accounts Receivable reports. There was a growing list of clients who now owed them back debt.He had gone to his administrators and asked them what the problem had been. Were they doing something wrong or different when it came to reaching out to delinquent accounts? By his bookkeepers records, this wasn't the case. Perhaps he was losing his customers to his competitor, who seemed to offer very low prices with no guarantee of quality or performance, and these clients who were in debt to his company had possibly disappeared leaving him stranded. Perhaps they were unable to pay their debt to him, but were able to meet the costs of a lesser service. So he did the necessary research and, after discussions with friends in the same field, he realised that no, his customers hadn't gone anywhere else. The had just gone!.This current state-of-affairs was causing Sean Rhodes to have some very restless nights. He had employees to pay, goods to ship, trucks to maintain and overhead that was almost unbearable when compared against the lack of funds that were coming in. At night he would speak to his wife Norma and shake his head in frustration.

 

""Lin, I have a really bad feeling,"" he'd sadly say to his wife.""What could you do differently?"" she would say.Sean would stare off for a moment and then close eyes. In his mind he could clearly see the fleet of trucks purchased over the many years. He could see them on the road, delivering good to all his loyal customers. But then a haze would cover his trucks and his vast fleet would vanish to leave just a few. Why couldn�t he work out how to resolve this financial problem with his business?""I know what it is,"" Sean said. ""For way too long I've been relying solely on profits received from invoices. I've let too many of our customers go too long without paying on their bills."" Norma would look at her husband lovingly, and holding his hand would say 'it is such a harsh economy these days and our clients must be having difficulty meeting their responsibilities'.""Sean knew his wife meant well, but he knew that he was responsible for too many people to sit idly by, waiting for the sun to peak over the clouds.The next day Sean strolled into his office and was determined to sit down and make every phone call to every client who had owed Gonzales money. This wasn't really a very efficient way for a Chief Executive to spend his day, and Sean knew he should be overseeing all the other sides of the business, such as shipments and deliveries, approaching prospective customers, or working with his sales team. Even though he was doing something to help his company, he knew he had folks on salary to do just this thing. A waste of time - a waste of money - he had the best intentions, but all the while Sean was realising just how much trouble he was in.Poor Sean spent the whole morning trying in vain to contact his debtors: they promised to call back, dodged his calls, or made small interest-only payments. He was beginning to feel quite despaired when his secretary knocked on his door.

 

""Sean, can I have a word?"" she queried, standing in the doorway.

 

""Sure thing Brenda, come on in."" Sean leaned back in his chair and looked expectantly at Brendaerely.""Well, I did a little searching this afternoon and tried to figure out a way out of this mess Sean."" She opened up a folder she had been carrying and pulled out a small wad of papers, placing them on the desk in front of him.""Have you ever heard of factoring?"" she asked.""It sounds vaguely familiar. What is it?"" he said.She began, ""Well, it is really very simple. So basically, factoring invoices would enable us to get paid on the nose for loads that we haul.""Sean interrupted ""Immediately?"".""Yes, immediately,"" she continued, ""it is actually very simple. We start by having a professional account manager review our figures and help us set up a company profile. That profile will also include investigating our accounts receivable aging reports, our existing customer credit limits and so on. In addition, factoring will assist in determining our customers' creditworthiness, independent from their credit relationship with our company. It�s a broad view.""I see,� Sean said. �And then what?""Well, after their review, and we�re approved for a factoring contract, we can negotiate terms and conditions. There�s a lot of flexibility depending on the business volume and credit histories. The company will advise us the cost to purchase factoring for our company's accounts receivable. We come to an agreement and the funding starts pouring out.�Sean leaned forward and reviewed the paperwork closely.""I do not know, Brenda - it just sounds too good to be true"", Sean said quietly.""Yes, I know; that's exactly what I thought at the beginning. But really, they have guaranteed us experts that do all the legwork, which would free us up here to focus on our clients in good standing and marketing, all that good stuff. They appear to be very flexible, Sean,"" she underlined a paragraph on the paper before him.""Just how flexible?"" asked Sean.""They personalize the factoring rates so that the amount they are willing to take on is commensurate with our needs and our client�s debt. It only takes 2 to 4 days for this to be figured out. ""That sounds pretty good, seeing as we tapped ourselves out with bank loans last year to repair the fleet and money sure is tight. We need to keep business rolling as normal and every day we�re going unpaid, we�re closer to facing some serious problems in both the short and long term,"" Sean said.Sean took in a long slow breath, then looked at his secretary with something like hope in his eyes.""Exactly�. This could be the answer to our prayers: it will solve many problems we are facing due to these unpaid debts.""Sean took a moment to think about this solution, and agreed with his secretary. The clients who owed them money were long standing friends and professional resources of Gonzales. They did not want to throw away these relationships because they were having trouble paying their bills now. Sean knew only too well that the whole economy was floundering, and that it was not going to change overnight. If he did not handle these debtors in the right way, that unknown amount of time could spell disaster for all of them. Of course he did not want to lose any more money, but he did not want to lose business either.""Well, let me think about this tonight Brenda, thank you."" Brenda stood up and left Sean's office, with the nice feeling of knowing that she may just have solved a very serious problem.Sean sat behind his desk and looked over the details Brenda had not mentioned in their meeting. He wondered if there might be other problems freight factoring could help Gonzales Truck & Haul with? Running his pencil down the sheet, he noted that the freight factoring company could assist with fuel costs, fuel advances, and fuel discount cards. Sean was surprised: it said that his company could get up to fifty percent cash advances on load pickups. Sean was a typical business man: he despised binding contracts that did not allow room to breathe, so he was pleasantly surprised to see that the factoring company did not require a long term contract, that there was no minimum volume required, and that there were no sign-up fees.""Well, I'll have to tell Bernard about this,"" muttered Sean to himself.Bernard is Sean's son-in-law, and he really admired the ideas behind Gonzales, so much so that only two years before he had started his own transportation service business. At that time Sean knew the struggles Bernard would face, but he still encouraged him to follow his dream. With the economy the way it was, if an established company such as Gonzales was struggling then the little guys, like Bernard, were going to be in even more trouble. But, an antidote may have been found in freight factoring and Sean was soon to find out.Some months later, having successfully gone through the entire process of the application, having experts study his credit history and statements and review his accounts receivable, Sean found that he was starting his journey out of the despair which had been created for him by his delinquent account holders.They took on reasonable factoring purchase contracts and stopped spending their precious man hours scrambling to collect debt. They used that time to refocus their efforts in being competitive in new territories. Sean recalled those dismal months when he wasn't aware of freight factoring, and he shuddered at those memories. Had he missed the boat on this one, he probably wouldn't be in business today.

 

"

 

 

 

 

 

 

More Get Rid of Those Receivables!-Articles

 

 

Best Factoring Companies-Commercialbusinessloan.Org

 

 

 

Freight Factoring Definition

 

The key reasons why Trucking Agencies Use Factoring Firms.

 

As the owner of your own company, you may be much more than mindful already of the hardship in making sure that capital matters do not become a problem down the line. After all, the most terrible thing that can potentially transpire for your company is to find yourself involved in a long and challenging circumstance that leaves you forever searching for the money you are in need of on an continuing manner.

 

For any sort of business in this predicament, the issue can come for waiting for work to clear up and actually be compensated into your account. Bill of sales, checks, and the like could take a long time to actually to be taken care of which may leave you with momentary capital issues. Luckily, there are alternatives out there for businesses to delve into-- and just one of these is factoring providers.

 

Factoring firms will, in trade for your invoices, supply you with the money immediately to ensure you do not need to fret about the waiting period that could make paying off the bills and obtaining materialsmore difficult. With this type of system, invoice factoring can become exceptionally useful for lots of companies who need to avoid a cash pitfall which they have found themselves in.

 

Considering that, depending on the size of the job, it can take up to 60 days for some businesses to get paid then it is necessary to blanket your own back and certainly not leave yourself resources short to settle the bills. After all, how many enterprises possess two months profits just lying there to handle all their overheads till they earn?

 

This is particularly true of truck agencies. They have the tendency to manage tons of accounts which means a considerable quantity of collection period concerns business owner themselves. Making an effort to get compensated in time can turn into an unbelievable headache and this is precisely why you employ trucking factoring providers who are glad to help out truckers exclusively.

 

As we all recognize, trucking is an unbelievably huge business with plenty of firms out there hiring hundreds of drivers. Regretfully, plenty of these drivers land up in finances predicaments for the reason that they are still anticipating work from six weeks previously to actually compensate them. When this is the situation for a trucking company, consulting factoring companies for help could be the most ideal choice left.

 

This signifies that a trucking corporation can pay out the salaries of the work force, keep all the cars loaded with gas and continue to surmount, rise and expand without continually waiting for the cash which is taking too long to come in. Trucking Business enterprises working without a factoring program applied are leaving themselves at significant hazard, as contenders cash out rapidly and go on to develop.

 

There's absolutely not a thing to be troubled about when it comes to employing a Factoring establishment-- they typically are not like a bank or an individual who is going to leave you with a large heap of financial debt to pay back. You give them authentic invoices from job you have already wrapped up , you are simply expediting the payment process.

 

In the United States, where trucking enterprises prosper, factoring firms are not considered borrowing in any capacity. This private contract then lets both parties to make money and take pleasure in a convenient future-- it gives the factoring company a secured resource of cash flow to add to the list and it provides the trucking company the required money that they worked hard to gain.

 

The trucking company gives their accounts to the factoring agency. The trucking factoring agency then obtain the payments from the trucking company's customers. Factoring has beenaround for centuries and has been employed for several years by a lot of varying sectors-- but none much more so than truckers. While you could miss out on a small part of the money, something like 1-3 % depending upon who you deal with, it implies that you are obtaining the cash today and can actually start putting the money to do work.

 

Anyway, an IOU or an invoice is not going to finance bills, is it? For trucking companies when the money can be very good one day and gone the next, it is up to the drivers to work sensibly and to guarantee they are leaving themselves with a significant amount of time and money to get through the week until they are paid for again.

 

So the next occasion your trucking establishment is enduring some temporary cash flow problems and you are shelling out excessive time chasing inactive paying clienteles, why not begin thinking of employing a factoring businesses as a method to get your finances and give yourself a more comfortable future in the eyes of your trucking workers and your bank balance?

 

 

 

 

 

 

 

More Freight Factoring Definition -Articles

 

 

 

Commercial Factoring

 

 

 

Best Factoring Companies-Commercialbusinessloan.Org

 

 

 

Freight Factoring Definition

 

"

Factoring in the Future of a Trucking Business: A Story The phone was ringing on his desk, and Vernon Harper just sat there letting it ring. His morning coffee cooled and his cigarette smoked away in the tray: Vernon is thinking, and pondering the biggest decision he's ever had to make for his trucking business. Harper Trucking Company had reached a turning point and he now had to make a decision as to whether he should sign up with a factoring company, and indeed if this would be a good or regrettable decision for his business.

 

More than forty years ago Vernon's father had started this business working as an owner-operator and eventually growing Harper Trucking Company into a fifteen trailer fleet. Yes, they had survived some very difficult times when it appeared like they might go under, and even Vernon's mother had jumped into the cab at times to make hauls. His father had lived long enough to witness the price of hires drop during the recession and watch the eruption of fuel prices afterwards. But now things were different: the company was in Vernon's hands and he needed to ensure that this business would be left in great shape for his sons.

 

There just never seemed to be enough money to go around, and certainly no spare cash, but to move his company successfully into the future he needed a steady and reliable cash flow. He had employees to pay. They had families and household bills too. A few of the refrigerated trailers really needed some maintenance, and in order to stay competitive he really wanted to invest in specialized haulers to meet the increasing requests for loads of agricultural and energy equipment. He knew that turning down these requests made Harper Trucking look inefficient and weak in what was currently a strong market.

 

He knew what his father would have said - 'wait, take your time before adding new technology'. Vernon chuckled, thinking about his father. He remembered when his father was totally against installing GPS units in the cabs. His Dad would say ""Why on earth do you need some stranger telling you to get off the exit that everyone knows has been there for years?� Also his father had the habit of teasing all the drivers he caught switching into automatic even though driving in automatic was much more efficient though not manly in his father�s eyes. His father days were long gone and technology was actually an important improvement for the business such as having Qualcomm to cut down on fruitless time communicating on the phone for bills of lading.

 

Vernon knew he was right in his forward thinking. What would be the next step for Harper Trucking? And how would he be able to afford it? Business funding was tied up in fuel bills and the mortgage for the garage and office. Thankfully he'd just finished paying off the bank loan for the installation of satellite radio in the trucks.

 

But was factoring the answer? If he was being honest, he did not really understand how it all worked. It sounded a lot like ninth grade algebra which just didn�t feel like it belonged as part of the trucking business. Factoring companies buy your invoices and manage your accounts receivable for a certain percentage of the invoiced amount. In return, the factoring company pays the trucking business straight away, providing immediate cash flow for the business to pay staff, purchase fuel, and do any repairs or maintenance. Without the assistance of factoring, you have to wait for customers to send you the payment which is often 30 days late. During those thirty days the trucking company cannot pay its employees and bills with invoices.

 

Now it was time for Vernon to do his homework. He had heard of companies charging for same day money transfers, advancing a percentage of the money owed to your business, while the rest is held in a private account if the bill wasn't paid within sixty or more days. Worse still, if the customer defaulted on payment, the factoring company takes it out of the money supposedly coming to you! He'd even heard about some companies putting you onto a sliding percentage scale regardless of any previously signed contracts for possibly 3% or 7%, and there you are now with 10% coming as a charge to you out of the freight bill. His friend Ronnie who had a trucking business in Missouri, was run nearly into the ground by a factoring company that charged him the full freight bill on top of the factoring fees. He knew he would have to be very careful if he was to avoid any of these shady companies?

 

However, it all turned out to be very simple. When he called the factoring companies he discovered they were very open about their business practices, and very friendly and helpful. Customer service appeared to understand their company and explained in clear, concise English exactly how it all worked. He didn�t mind signing an exclusive contract. He liked the idea of a long term commitment so he knew he wouldn�t have to bother going back and forth to different companies and wasting time filing more forms. He was not charged for a credit check, and in addition he was offered a fuel advance on the pick-up of a load. In fact there were a few companies who offered him a non-recourse factoring program, and this was exactly what he had been hoping for. Also he was happy to hear how much he was offered in terms of percentages on the freight bills. It sounded like a great scheme to him.

 

It was really refreshing dealing with the factoring people. They were more personable than those loan managers at the bank. He was relieved to note that the factoring companies understood the trucking business and discussed business with him like a respected client, not like someone looking for a handout. The factoring companies didn�t worry over his credit and the debt troubles his father had had in the past of the company. All the factoring company was interest in was the credit of his customers and on their reliability: this worked great for Vernon because he and his father had created a very strong and loyal list of clientele over the years. He knew immediately that there would not be any problems when they were contacted by the factoring company regarding their invoices. His clients wouldn�t think poorly of Harper Trucking and the factoring companies appeared capable of handling the accounts receivable in the same polite manner that his father had used over the years.

 

Vernon stepped out of his office to let his secretary know to expect the arrival of the factoring contract shortly. There was a new bounce is his step now: he knew instinctively that this new step would raise the future of his company to a new and higher level, and that all the stress from the past could now be put behind him. He suddenly realized that, with this new cash flow, he could actually expand Harper Trucking Company and who knows, move into Canada, which had always been his dream. His heart felt full knowing his sons wouldn�t have to worry about money because of the right decisions he had made for their trucking business.

 

"

 

 

 

 

 

 

More Freight Factoring Definition -Articles

 

 

 

 

 

 

 

 

Commercial Factoring

 

 

 

 

 

 

Best Factoring Companies-Commercialbusinessloan.Org

 

Commercial Factoring Companies

 

Date Published- 2014- 02-23 Freight Factoring Definition

 

"

Traditional Bank Loans

 

Finance through a bank loan is the normal, or traditional, way of financing your business. These loans can be a life-saver, but they're not always available to every business. For example, a fairly newly established business simply may not have the assets to readily get a loan from a bank, even if they do, the standard collateral for a business loan is the business itself, which means that if you cannot make your loan payment, you risk losing your entire business. In addition, while you apply for a certain loan amount, that is all the financing you are entitled to. Once the loan is paid off, you can then apply for another loan if the need arises.

 

What Are Trucking Factoring Companies?

 

Trucking Factoring companies do not offer loans, and you do not go into debt when you get money from a Trucking Factoring company. The finance you receive from the Trucking Factoring company is determined by money already earned by your business, but not yet received. The Trucking Factoring company purchases your accounts receivable, or part of them, for a certain percentage of their value - this is normally about 80-95%. The amount of finance you can receive will be based on the amount you have earned and the accounts receivable you are prepared to sell. Once you have set up Trucking Factoring account it continues as long as you wish it too and the amount of money available to you even can grow as your business grows, giving you the ready cash you need to meet your own obligations.

 

What Are The Benefits Of A Trucking Factoring Company Versus A Traditional Bank Loan?

 

Not every business can benefit from Trucking Factoring account financing because you have to have a business with accounts receivable, however there are many benefits for those who can access this type of finance.

 

1. There is no debt. You do not incur debt as you do with a bank loan because the Trucking Factoring company actually purchases your accounts receivable. One of the main benefits of this kind of financing is that your business credit rating and your personal credit rating will not be affected. Should the unforeseeable happen and your business fails, you will not have to worry about anyone coming after your personal as well as your business assets to pay off a loan. With a bank loan, the debt goes onto your credit report, and even one late payment can adversely affect your businesses credit, and even the ability to get insurance and may even reflect upon your personal credit rating.

 

2. No Collateral Required. Another benefit of using a Trucking Factoring company instead of a traditional loan is that you are not required to provide collateral to the Trucking Factoring company in order to secure financing, because the company �buys� the accounts receivables; not loans you money based on them. In addition, while the Trucking Factoring company does run a credit check on your customers whose accounts receivables are offered for financing, the state of your credit is not an issue. This means that it is easier for new businesses to access the finance they need through a Trucking Factoring company, providing their accounts receivable are in good order. A bank may believe you haven't been in business long enough to be able to cover this risk.

 

3. You'll receive the money faster. With a Trucking Factoring company you can actually get the money you need faster. Once the Trucking Factoring company assures itself that the customers in your accounts receivable are likely to pay their debt, the money is usually in the account within 24 hours. With a bank, there are vast amounts of paperwork, then the loan has to be underwritten, which can take months before you actually see the loan if it is approved.

 

4.Interest is Paid Up Front. With a bank loan interest continues to build, and this has to be paid the whole time you have a business loan; however with a Trucking Factoring company there is no interest - they take it right off the top by deducting it from the total amount of receivable accounts. So not only are you relieved of those monthly loan payments, but you also do not have to worry about the building up of interest, as every penny in the account is yours to spend on the business.

 

As you can see, there are several benefits that makes considering financing through a Trucking Factoring company over a traditional bank worthwhile. However, there are also a couple of other benefits that a factory company can offer your business is far beyond the scope of the bank. The main benefit is that once you've sold your accounts receivable to the Trucking Factoring company, you are free from having to collect money owed by your customers. Since these accounts belong to the Trucking Factoring company, this is now their job. Trucking Factoring companies are very good at collecting these debts, saving you the time and effort that you need to devote to your growing company.

 

Another bonus is that, because the Trucking Factoring company has evaluated the quality of your customers' credit before buying the accounts receivable, you learn valuable information regarding your customers, like which ones are likely to pay, and which ones are less likely to pay.While a Trucking Factoring company is not the only way for your business to obtain the money it needs to keep growing, it does offer a type of financing well worth considering.

 

"
Best Factoring Companies-Commercialbusinessloan.Org

 

 

 

commercial factoring

 

 

More Freight Factoring Definition -Articles

 

 

 

"

Traditional Bank Loans

 

Finance through a bank loan is the normal, or traditional, way of financing your business. These loans can be a life-saver, but they're not always available to every business. For example, a fairly newly established business simply may not have the assets to readily get a loan from a bank, even if they do, the standard collateral for a business loan is the business itself, which means that if you cannot make your loan payment, you risk losing your entire business. In addition, while you apply for a certain loan amount, that is all the financing you are entitled to. Once the loan is paid off, you can then apply for another loan if the need arises.

 

What Are Trucking Factoring Companies?

 

Trucking Factoring companies do not offer loans, and you do not go into debt when you get money from a Trucking Factoring company. The finance you receive from the Trucking Factoring company is determined by money already earned by your business, but not yet received. The Trucking Factoring company purchases your accounts receivable, or part of them, for a certain percentage of their value - this is normally about 80-95%. The amount of finance you can receive will be based on the amount you have earned and the accounts receivable you are prepared to sell. Once you have set up Trucking Factoring account it continues as long as you wish it too and the amount of money available to you even can grow as your business grows, giving you the ready cash you need to meet your own obligations.

 

What Are The Benefits Of A Trucking Factoring Company Versus A Traditional Bank Loan?

 

Not every business can benefit from Trucking Factoring account financing because you have to have a business with accounts receivable, however there are many benefits for those who can access this type of finance.

 

1. There is no debt. You do not incur debt as you do with a bank loan because the Trucking Factoring company actually purchases your accounts receivable. One of the main benefits of this kind of financing is that your business credit rating and your personal credit rating will not be affected. Should the unforeseeable happen and your business fails, you will not have to worry about anyone coming after your personal as well as your business assets to pay off a loan. With a bank loan, the debt goes onto your credit report, and even one late payment can adversely affect your businesses credit, and even the ability to get insurance and may even reflect upon your personal credit rating.

 

2. No Collateral Required. Another benefit of using a Trucking Factoring company instead of a traditional loan is that you are not required to provide collateral to the Trucking Factoring company in order to secure financing, because the company �buys� the accounts receivables; not loans you money based on them. In addition, while the Trucking Factoring company does run a credit check on your customers whose accounts receivables are offered for financing, the state of your credit is not an issue. This means that it is easier for new businesses to access the finance they need through a Trucking Factoring company, providing their accounts receivable are in good order. A bank may believe you haven't been in business long enough to be able to cover this risk.

 

3. You'll receive the money faster. With a Trucking Factoring company you can actually get the money you need faster. Once the Trucking Factoring company assures itself that the customers in your accounts receivable are likely to pay their debt, the money is usually in the account within 24 hours. With a bank, there are vast amounts of paperwork, then the loan has to be underwritten, which can take months before you actually see the loan if it is approved.

 

4.Interest is Paid Up Front. With a bank loan interest continues to build, and this has to be paid the whole time you have a business loan; however with a Trucking Factoring company there is no interest - they take it right off the top by deducting it from the total amount of receivable accounts. So not only are you relieved of those monthly loan payments, but you also do not have to worry about the building up of interest, as every penny in the account is yours to spend on the business.

 

As you can see, there are several benefits that makes considering financing through a Trucking Factoring company over a traditional bank worthwhile. However, there are also a couple of other benefits that a factory company can offer your business is far beyond the scope of the bank. The main benefit is that once you've sold your accounts receivable to the Trucking Factoring company, you are free from having to collect money owed by your customers. Since these accounts belong to the Trucking Factoring company, this is now their job. Trucking Factoring companies are very good at collecting these debts, saving you the time and effort that you need to devote to your growing company.

 

Another bonus is that, because the Trucking Factoring company has evaluated the quality of your customers' credit before buying the accounts receivable, you learn valuable information regarding your customers, like which ones are likely to pay, and which ones are less likely to pay.While a Trucking Factoring company is not the only way for your business to obtain the money it needs to keep growing, it does offer a type of financing well worth considering.

 

"

 

Oilfield Services Factoring

 

California Commercial Factoring

 

"
"

 

 

 

state sitemap 1

state sitemap 2

state sitemap 3

state sitemap 4

state sitemap 5

 

 

California account receivable factoring

California accounts receivable factoring

California accounts receivable financing

California accounts receivable financing activity

California accounts receivable financing agreement

California accounts receivable financing agreement form

California accounts receivable financing calculator

California accounts receivable financing companies

California accounts receivable financing factoring

California accounts receivable financing is based on

California accounts receivable financing is based on what

California accounts receivable financing program

California accounts receivable financing programs

California accounts receivable financing rates

California accounts receivable financing vs factoring

California assigned receivables financing

California average invoice factoring rates

California bank receivables financing

California best factoring companies

California best rated factoring companies

California best reviewed factoring companies

California business factoring

California commercial bank factoring

California commercial credit factoring

California commercial factoring

California commercial factoring companies

California commercial factoring definition

California commercial finance factoring

California commercial paper factoring

California commercial truck factoring

California debt factoring and accounts receivable financing

California factoring

California factoring and commercial finance industry

California factoring broker

California factoring brokers

California factoring companies

California factoring companies for freight brokers

California factoring companies for trucking

California factoring company

California factoring for trucking

California factoring for trucking companies

California factoring invoices

California factoring receivables

California factoring services

California factoring services for trucking companies

California factoring trucking companies

California financing against receivables

California financing receivables can be done by

California freight broker factoring companies

California freight factoring companies

California freight factoring company

California freight factoring company reviews

California freight factoring rates

California freight factoring services

California freight invoice factoring

California invoice factoring

California invoice factoring advantages

California invoice factoring agreement

California invoice factoring articles

California invoice factoring banks

California invoice factoring benefits

California invoice factoring business

California invoice factoring calculator

California invoice factoring charges

California invoice factoring companies reviews

California invoice factoring companies usa

California invoice factoring company

California invoice factoring company reviews

California invoice factoring construction

California invoice factoring costs

California invoice factoring discount rate

California invoice factoring fees

California invoice factoring interest rates

California invoice factoring rates

California invoice factoring services

California receivable factoring

California receivables backed financing

California receivables based financing

California receivables factoring

California receivables financing

California receivables financing agreement

California receivables financing benefits

California receivables financing companies

California receivables financing definition

California receivables financing rates

California receivables financing vs factoring

California receivables financing without recourse

California small business factoring

California top factoring companies

California top rated factoring companies

California transport factoring

California transportation factoring

California transportation factoring companies

California transportation factoring company

California transportation factors

California truck factor

California truck factoring company

California trucking factoring companies

California trucking factoring company

California typical invoice factoring rates

 

"

 

 

North Dakota

 

 

 

 

 

"  

"

 

 

Alaska

 

 

 

 

 

"    

"

 

 

Arkansas

 

 

 

 

 

"    

"

 

 

Oregon

 

 

 

 

 

"    

"

 

 

Colorado

 

 

 

 

 

"    

"

 

 

Rhode Island

 

 

 

 

 

"    

"

 

 

Delaware

 

 

 

 

 

"    

"

 

 

Florida

 

 

 

 

 

"    

"

 

 

Georgia

 

 

 

 

 

"    

"

 

 

Hawaii

 

 

 

 

 

"    

"

 

 

Idaho

 

 

 

 

 

"    

"

 

 

Illinois

 

 

 

 

 

"    

"

 

 

Indiana

 

 

 

 

 

"    

"

 

 

Washington

 

 

 

 

 

"    

"

 

 

Kansas

 

 

 

 

 

"    

"

 

 

Kentucky

 

 

 

 

 

"    

"

 

 

Louisiana

 

 

 

 

 

"    

"

 

 

Arizona

 

 

 

 

 

"    

"

 

 

Maryland

 

 

 

 

 

"    

"

 

 

Massachusetts

 

 

 

 

 

"    

"

 

 

Michigan

 

 

 

 

 

"    

"

 

 

Minnesota

 

 

 

 

 

"    

"

 

 

Mississippi

 

 

 

 

 

"    

"

 

 

Missouri

 

 

 

 

 

"    

"

 

 

Montana

 

 

 

 

 

"    

"

 

 

Nebraska

 

 

 

 

 

"    

"

 

 

Nevada

 

 

 

 

 

"    

"

 

 

New Hampshire

 

 

 

 

 

"    

"

 

 

New Jersey

 

 

 

 

 

"    

"

 

 

New Mexico

 

 

 

 

 

"    

"

 

 

New York

 

 

 

 

 

"    

"

 

 

North Carolina

 

 

 

 

 

"