Truck Invoice Factoring Services

We specialize in providing truck invoice factoring solutions tailored to meet the needs of carriers and trucking companies. Our Truck Invoice Factoring Service is designed to help you manage your cash flow effectively and grow your business with ease.

With our expertise in the trucking and logistics industry, we offer:

Experience the difference of our truck invoice factoring services.

What Sets Our Invoice Factoring Apart:

Simple Factoring Approach

Our factoring rates are crystal clear, with no hidden fees. Experience the ease of doing business with our fast and responsive customer service and commitment to integrity.

Same-Day Funding

Need cash fast? Our dedicated representatives work tirelessly to ensure you get paid within 24 hours.

97% Advance Rate

Maximize your cash flow with our industry-leading advance rates. We want you to keep more of your hard-earned money.

No Hidden Fees

We have no minimum-volume fees, no ACH fees, and no invoice-upload fees. It's straightforward and fair.

Fuel Card Program

Enjoy significant savings at over 2,000 locations nationwide with our exclusive fuel card program. Plus, access credit lines of up to $2,500 per truck, per week.

Convenient Invoice Management

Our user-friendly mobile and web app makes managing your account a breeze. Easily upload invoices and stay in control of your finances.

No Minimum-Volume Fees

We understand that factoring volume can fluctuate. That's why we have no fees for months with low factoring volume. We support your business at every stage.

Discounts for U.S. Veterans

We proudly offer additional savings to all new factoring customers who have served in the U.S. military. It's our honor to support our service members.

 FAQs

  • Truck invoice factoring is a financial service that enables trucking companies to convert their unpaid invoices into immediate cash. It helps them overcome cash flow gaps caused by delayed customer payments.

  • Truck invoice factoring involves selling your outstanding invoices to a factoring company at a discounted rate. Our company advances a significant portion of the invoice value upfront and handles the collection process. Once your customers pay the invoices, you receive the remaining balance minus a small fee.

  • No, factoring is suitable for carriers of all sizes, including start-ups and owner-operators. We provide our clients with the necessary working capital to cover expenses, fuel costs, and other operational needs.

  • Accelerated cash flow: Get paid quickly instead of waiting for customers to pay.

    Improved financial stability: Access immediate funds to cover expenses and invest in growth.

    Outsourced collections: Save time and effort by letting the factoring company handle invoice collections.

    No debt incurred: Factoring is not a loan, so there is no debt or interest to repay.

  • The approval process is typically quick, and funds can be available within a day or two, depending on the required documentation and verification.

  • Our factoring service is transparent, and we clearly outline all fees and charges upfront. There are no hidden fees, and you will have a clear understanding of the costs involved.

Contact us.

sales@innovativelogisticsgroupllc.com

+1 704 499 8300