Unlocking Growth with Accrue Factoring, L.L.C.
As a freight broker or trucking company, cash flow is essential to growing your business. At Accrue Factoring, L.L.C., we understand the unique challenges you face when waiting on payments for invoices that can take 30, 60, or even 90 days to clear. That’s where we come in. As a trusted and independent factoring company specializing in financing receivables for the freight brokerage and trucking industry, Accrue Factoring helps you maintain steady cash flow and fuel the growth of your business.
How Factoring Works for You
Factoring allows you to convert your unpaid invoices into immediate cash. Instead of waiting for your clients to pay, Accrue Factoring purchases your invoices and advances you a significant portion of the invoice value, often up to 90%. Once your customer pays the invoice, you receive the remaining balance, minus a small factoring fee.
This means you’ll have the working capital you need to cover operating expenses, take on new business, and seize growth opportunities—without worrying about delayed payments.
Why Choose Accrue Factoring, L.L.C.?
- Industry Expertise: We specialize in the freight brokerage and trucking sectors, so we understand your business needs. Our team works closely with freight brokers and trucking companies to create customized factoring solutions that drive your success.
- Fast and Flexible Funding: Cash flow timing is crucial. Accrue Factoring ensures that you receive funding quickly, so you never miss out on growth opportunities. We offer flexible terms and a streamlined process, so you can get back to running your business.
- No Hidden Fees: We pride ourselves on transparency. Our fee structures are simple and upfront, meaning no surprise costs.
- Relieve Administrative Burdens: Our factoring service doesn’t just provide you with immediate cash; we also take over the collections process, saving you time and effort. This allows you to focus on what matters most—growing your brokerage business.
- Scalable Solutions: As your freight brokerage or trucking company expands, Accrue Factoring grows with you. Whether you’re moving a few loads or managing a large fleet, our factoring solutions scale to meet your growing demands.
The Benefits for Your Business
- Increase Liquidity: With quick access to cash, you can meet payroll, pay fuel costs, and cover operational expenses without taking on debt.
- Expand Your Operations: Use the extra working capital to invest in marketing, hire additional drivers or brokers, and increase your fleet size, positioning your company for long-term growth.
- Strengthen Customer Relationships: Offering better payment terms can help you win new business and build stronger relationships with your existing customers.
- Reduce Financial Risk: By working with Accrue Factoring, you reduce the risk of bad debt since we vet your customers for creditworthiness before factoring your invoices.
Partner with Accrue Factoring for Sustainable Growth
At Accrue Factoring, we’re committed to helping freight brokers and trucking companies thrive. Whether you’re just starting out or looking to grow your established business, our tailored factoring solutions give you the financial flexibility to achieve your goals. Let us be your partner in success and unlock the full potential of your business today.
Contact Accrue Factoring, L.L.C. to learn more about how we can support your growth and ensure that your cash flow keeps pace with your ambitions!