The trucking industry in the U.S. is comprised mostly of small, independent operators with 30 trucks or fewer. Margins are tight, and smaller trucking companies find it hard to access bank loans or wait 30 to 90 days for payment on invoices. Our A/R credit lines create cash flow right away so trucking companies can continue to grow.
We check out the credit status of customers so companies can make informed decisions before they transport a load. A trucking company can submit all billing documentation and receive all payments electronically, without having to mail in original bills of lading or other paperwork. There is 24/7 access to our account services website, so aging reports, balances, collections, and invoice images can be accessed any time for more efficient business management. Our advance rate is up to 90%.