Bakersfield Trucking Factoring Companies
Including the following California cities
Including the following Bakersfield Factoring Services
Bakersfield, California
Trucking Factoring FOR Bakersfield COMPANIES
Sound like your exact situation? Well, you're in luck.
As the individual who supervises a fleet of trucks, I'm currently searching online through numerous factoring company websites for a specific reason.
The challenges we encounter in this industry are numerous:
- Customers who take a long time to pay
- Intense competition
- Unpredictable fuel costs
- The constant struggle to find dependable drivers
This backdrop has prompted me to look for a reliable factoring company. I understand the vital role that immediate cash flow plays in keeping our operations running smoothly, particularly when customers delay payments.
Finding the right factoring partner could have a significant impact on our business. It could relieve us of the daily pressures we face and provide the financial support necessary to navigate this highly competitive industry.
With a wide range of options available, I'm determined to find a company that:
- Truly understands the unique demands of the trucking industry
- Offers competitive rates
- Ensures prompt delivery of funds
With a wide pool of invoice factoring companies available, how do you choose the one that understands and meets your unique requirements for your Bakersfield company?
With numerous trucking factoring companies making similar promises, they all compete to provide remarkable flexible rates, no requirement for long-term contracts, swift same day or same hour payments, no up-front fees, and the convenience of no monthly minimums or maximums.
Selecting the ideal invoice trucking factoring company can be overwhelming, but our unmatched expertise, transparent fee structure, and exceptional commitment to customer satisfaction make the decision hassle-free.
WHAT MAKES OUR TRUCKING FACTORING COMPANY UNIQUE
Keep Your Business Trucking: The Game-Changing Power of Our Factoring Services
With 40 years of trucking factoring experience, we have a unique perspective on the financial industry. The trust our clients place in us, demonstrated by their referrals, is a clear indication of our dedication to providing exceptional service and innovative solutions customized to meet your unique needs. Our competitors cannot match our extensive trucking factoring experience and proven success.
Get rid of late payments for good.
Imagine getting the payment immediately instead of waiting for a month or two. With our factoring service, you get up to 100% of your invoice value straight away, while we deal with your customer's payments. Once they've paid, you get the remaining balance, minus our fee. No debt, no loan, just instant cash to help your business.
When fuel price swings threatened to derail my trucking business, this factoring company came to the rescue with their up-to-100% advance. They've been my financial lifeline, ensuring that my trucks keep rolling despite the challenges. If you're tired of the constant financial stress, this factoring company is the answer. They'll help you navigate the turbulent waters of fuel prices and keep your business thriving. - Tyler.
Sail through fuel price surges.
Say goodbye to worries about unexpected fuel price surges affecting your business. Our up-to-100% advance guarantees that you'll have the financial resources to sustain your truck fleet, regardless of what unfolds. Our competition falls short in delivering this level of financial support.
Ensure your fleet stays in optimal shape.
Say goodbye to letting maintenance expenses erode your profit margins. Our high advance rates allow you to maintain your fleet despite customers who take their time to pay. Our quick cash delivery makes us better than our competition.
We communicate in a professional manner with your customers, recognizing the value of their relationships to your business. Rather than functioning as a collection agency, we serve as your Credit and Collections Department for factored invoices. Our tasks include making calls on your behalf to monitor payment statuses, track check dates, and deliver messages efficiently. This allows you and your team to focus on other critical aspects of your operations.
We are incredibly impressed by the efficiency and professionalism demonstrated by your collections team; their seamless management of customer accounts has significantly contributed to our business's success. - Steven.
Find success despite the driver shortage.
Don't let the deficit of skilled drivers hinder your growth. Our invoice factoring services offer the financial assurance needed to recruit and retain the best in the business. Our edge over others lies in our commitment to ensuring financial stability, propelling your growth.
Our online platform is designed with you in mind. It's user-friendly, transparent, and packed with features that outshine our competitors. Manage your factoring services with ease and confidence, and experience the difference of working with a factoring company that truly cares.
Your factoring services have been instrumental in our success, providing us with the perfect balance of resources to handle any workload and deliver exceptional results. - Thomas.
The Most Frequently Asked
What exactly is trucking factoring and how can it help my Bakersfield business? Is it like a loan? Will I incur any debt?
Find Out HereWhat makes your company any better than any other trucking factoring company?
Find Out HereWhat other advantages do you offer me?
Find Out HereHow do I know if you’re the right company for my Bakersfield business?
Find Out HereI only have one truck or I’m a start-up. Am I too small for your company?
Find Out HereI have been turned down by banks, will I qualify for factoring?
Find Out HereI have tax liens. Can you help me?
Find Out HereI have a UCC Filing against my company. Can you help me?
Find Out HereCan I know what your fees and rates are up front?
Find Out HereAre there any monthly minimums? What kind of agreement do I need to sign?
Find Out HereI don’t want to factor all my loads. Do I have to give all my invoices to your company?
Find Out Here
“When fuel price swings threatened to derail my trucking business, this factoring company came to the rescue with their up-to-100% advance. They've been my financial lifeline, ensuring that my trucks keep rolling despite the challenges. If you're tired of the constant financial stress, this factoring company is the answer. They'll help you navigate the turbulent waters of fuel prices and keep your business thriving. - Tyler.”
What do I need to submit for approval and how long does the process take?
Find Out HereHow am I evaluated in the approval process?
Find Out HereOnce approved, how do I get my money from your company?
Find Out HereHow much of my load will I receive up front, and how soon will I get the money?
Find Out HereThis is all new to me. Are you easy to work with?
Find Out HereI don’t like talking to robots or call centers. Can I talk to a real person when I need to?
Find Out HereHow will you work with my customers to collect their money?
Find Out HereWill I be able to keep track of collections from my end?
Find Out HereI’m not familiar with your company. How do I know you’ll be in business when I need it?
Find Out HereCan my company use factoring?
Find Out HereIf you don’t see the
answer to your question,
please don’t hesitate
to contact us.
If you don’t see the answer to your question,
please don’t hesitate to contact us.
ANSWERS
What exactly is trucking factoring and how can it help my business? Is it like a loan? Will I incur any debt?
Imagine if you could receive immediate payment for the freight bills you send to your customers, instead of waiting for 30-60 days or more. Well, with our trucking factoring company, that's now a possibility! We offer you the opportunity to access up to 100% of the payment upfront, without any reserve. We handle the collection of payment from your customers, allowing you to focus on managing other crucial aspects of your trucking business. Once your customer pays the bill, we refund the remaining 3-15% reserve balance to you, after deducting the factoring fee. Remember, this is not a loan, so there's no need to worry about accumulating debt. You can put that money to work immediately and propel the growth of your trucking business.
Back to the TopWhat makes your company any better than any other trucking factoring company?
With a track record since 1979, we have established ourselves as a reliable business. Unlike publicly owned companies, we are privately owned and have a solid financial standing. We have weathered economic downturns that have forced many other companies to close their doors. We understand firsthand the hardships you may face. Our commitment is to assist you in making informed financial decisions during good and bad times alike. Count on us to be there whenever you need assistance in maintaining the smooth operation and strength of your trucking business.
Back to the TopI’m not familiar with your company. How do I know you’ll be in business when I need it?
With a track record since 1979, we have established ourselves as a reliable business. Unlike publicly owned companies, we are privately owned and have a solid financial standing. We have weathered economic downturns that have forced many other companies to close their doors. We understand firsthand the hardships you may face. Our commitment is to assist you in making informed financial decisions during good and bad times alike. Count on us to be there whenever you need assistance in maintaining the smooth operation and strength of your trucking business.
Experience our superior offerings and service. Call us today.
1-866-593-2205Back to the Top
How do I know if you’re the right company for my Bakersfield business?
Be confident you're making the right call by opting for our factoring company. We've been financially assisting a broad range of businesses since 1979. If your needs fall outside our range, we've established an extensive network of resources to help you find the right fit from the start. You'll love our flexibility and our ability to match your unique needs to the right funding source. Our company outperforms others by offering tailored solutions and a large network of resources.
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I only have one truck or I'm a start up. Am I too small for your company?
We work alongside trucking companies, regardless of their size or age. Small businesses are the key ingredient that keeps our economy functioning.
Back to the TopI have been turned down by banks, will I qualify for factoring?
If you carry goods for creditworthy companies and want to avoid waiting for payment, factoring can be a useful option. If your customers consistently meet your payment terms, factoring is worth exploring.
Back to the TopI have tax liens. Can you help me?
Definitely! If you and the IRS have an arrangement in place for paying, we can likely lend a hand.
Give us a shout and speak with one of our veteran factoring experts.
1-866-593-2205 Back to the TopI have a UCC Filing against my company. Can you help me?
Absolutely, if the UCC is using your outstanding invoices as security, we'll need the lender to agree to make it less important or terminate it to facilitate factoring. Factoring necessitates having the first-place standing with the UCC for your outstanding invoices. We can help you through that process.
Back to the TopCan I know what your fees and rates are up front?
Sure thing! Unlike most companies, we believe in being completely upfront about our fees and rates. Our factoring rates are really competitive in the industry and depend on factors like the number of trucks you have, the volume of business you want to factor, the type of loads, and any potential risks associated with your customers. We offer funding through ACH, wire transfer, and electronic invoice submission. Each of these options has a small fee attached, which we'll clearly outline right from the beginning when we present our factoring proposal. We don't charge any setup fees like the others. Additionally, there are no monthly minimum fees or any other extra charges from us.
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Are there any monthly minimums? What kind of agreement do I need to sign?
No need to worry about any minimum requirements! You can simply choose the invoices you want us to help you with. Plus, our agreements can start from as short as 90 days. Our factoring program is just like having a credit card in your wallet that you can use whenever you need it. Feel free to give us a call today and let's get started!
Back to the TopI don’t want to factor all my loads. Do I have to give all my invoices to your company?
No doubt about it, you have the control to pick the accounts you want to factor. It's your decision to select which invoices you want to submit for funding whenever you find it necessary.
Back to the TopWhat do I need to submit for approval and how long does the process take?
Complete a simple online application and provide: proof of insurance; a scanned copy of your driver's license; legal documents such as Articles of Incorporation or Fictitious Business Name Statement (DBA filing); a duplicate of your W-form; and perhaps a few additional documents depending on the scale of your business. Generally, you can expect to receive a proposal within 2hours, and from start to receiving the funds, the whole process usually takes about to days.
Back to the TopHow am I evaluated in the approval process?
Establish your business as a legitimate and officially recognized entity (Corporation, LLC, sole proprietor) with the necessary authorization (DOT or MC) and insurance. Likewise, assess the financial trustworthiness of your customers.
Back to the TopOnce approved, how do I get my money from your company?
You send us the required documents, like your invoice, bill of lading, load confirmation, and any supporting paperwork.
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How much of my load will I receive up front, and how soon will I get the money?
Speak to one of our account representatives and we’ll give you all the information that fits your particular business.
1-866-593-2205Back to the Top
This is all new to me. Are you easy to work with?
Absolutely! As a privately-owned firm, we're a team of entrepreneurs who've experienced your journey. We're here to assist you all the way. We make it a point to listen to your needs and build a bespoke plan for your business. Feel free to contact us today for a no-obligation conversation!
Back to the TopI don’t like talking to robots or call centers. Can I talk to a real person when I need to?
Definitely! Once you sign up with us, you'll have a dedicated Account Executive who will invest the time to understand your business thoroughly. This personalized attention allows us to provide you with unique support that goes beyond what others can offer.
Back to the TopHow will you work with my customers to collect on the invoices?
Our interactions with your customers are carried out in a professional and friendly manner, understanding the value of these connections to your company's success. It's important to clarify that we are not a collection agency. Rather, we function as your dedicated Credit and Collections Department for factored invoices. This involves reaching out to your customers to check on payment statuses, keeping track of check dates that we can provide you with, and passing along any relevant messages. Our aim is to streamline the process and provide you with more time and resources to invest in other critical areas.
Back to the TopWill I be able to keep track of collections from my end?
Definitely! You'll have convenient online access to aging reports, and we'll make sure you're aware of any collection matters so that there won't be any surprises.
find out more about how you can benefit from factoring with Orange commercial credit. call us today.
1-866-593-2205 Back to the TopWhat other advantages do you offer me?
With our team's comprehensive credit expertise and resources, you can make informed decisions about working with brokers. We provide real-time credit checks on brokers' creditworthiness, allowing you to choose the right loads and avoid potential payment issues. This critical information helps you maintain a smooth operation and prevents bad debt write-offs.
Back to the TopCan my company use factoring?
Transportation companies, big or small, rely on our factoring solution to increase their cash flow and improve their profitability. Starting is as simple as giving us a call, and we'll be happy to discuss all the details with you.
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That covers it. You can now recognize why we're the more favored option over our competitors in the invoice factoring field.
