Convert your trucking invoices to cash today with accounts receivable financing
If there is one industry in which we truly specialize, it would have to be the transportation sector. Whether you’re an individual owner operator, a fleet owner, or a freight broker, we have a variety of working capital solutions to help. With the average freight bill paying between 35-40 days, it’s common for trucking businesses to feel the pinch due to their immediate cash flow needs. Fuel costs, equipment repairs, driver payroll, and other operating expenses may not be able to wait for your customers to pay. When these situations arise, our freight factoring specialists can purchase your invoices in as little as 24 hours or less. Stop searching and start working with the best freight factoring company now!
Please visit our dedicated Freight Broker Factoring page to learn more.
As soon as your load is delivered, simply send the factor copies of your invoice, rate confirmation, and signed bill of lading from delivery. Upon receipt of your paperwork, they will advance 90%, or more, of the invoice value to you within 24 hours or less while also maintaining contact with your customer and handling collections. As soon as the invoice is paid in full, they will release the remaining balance directly to you less a small fee. At Orion Business Capital, we have the capability to offer “full advances”. This means you receive the entire value of your invoice up front, minus the financing fee.
Contact Orion Business Capital today for a consultation surrounding your business and its capital needs. We have years of experience and experts who specialize only in freight bill factoring. Our priority is to save you time by getting your business funded as quickly and easily as possible – usually in as little as 1-3 days.