Factoring

Welcome to Accrue Factoring, L.L.C., your trusted partner in transportation factoring. We understand the unique financial challenges the transportation industry faces, and we’re here to provide tailored factoring solutions to help you thrive. Discover how our transportation factoring services can benefit your business.

What is Factoring?

Factoring is a financial tool that allows businesses to improve cash flow by selling their accounts receivable to a factoring company. In return, you receive immediate funds, critical for maintaining daily operations, covering expenses, and pursuing new growth opportunities. Accrue Factoring, L.L.C. specializes in facilitating this process, making it simple, efficient, and hassle-free for your transportation business.

What is Transportation Factoring?

Transportation factoring is a financing solution designed specifically for trucking companies and owner-operators. It allows you to turn your outstanding invoices into immediate cash, ensuring you have the funds to cover expenses and grow your business.

Why Choose Accrue Factoring, L.L.C.?

At Accrue Factoring, L.L.C., we offer a range of advantages that set us apart:

1. Industry Expertise: Our team has in-depth knowledge of the freight and transportation industry, enabling us to provide solutions tailored to your needs. We understand the cash flow challenges, seasonal fluctuations, and the importance of maintaining healthy working capital in this competitive field.
2. Fast Funding: Get paid within hours, not weeks, to keep your trucks on the road.
3. Flexible Funding: We offer flexible funding solutions that adapt to your business’s unique requirements. Whether you need a one-time infusion of capital or an ongoing partnership, we have the options to support your growth.
4. No Debt: Factoring is not a loan, so you won’t accumulate debt on your balance sheet.
5. Credit Services: We offer credit checks on potential clients, reducing non-payment risk.
6. Quick and Efficient: We know that time is of the essence in the transportation industry. With our streamlined processes and fast approval, you can access the working capital you need when you need it.
7. Dedicated Support: Our team is here to assist you every step of the way, providing personalized service.
8. Transparent Terms: Accrue Factoring, L.L.C. prides itself on transparent, easy-to-understand terms and fees. You’ll always know exactly what to expect, with no hidden surprises.

How Transportation Factoring Works:

1. Submit Invoices: Send us your unpaid invoices for completed jobs.
2. Approval: We review and approve your invoices.
3. Funding: Receive immediate cash for your approved invoices.
4. Collections: We handle invoice collections from your clients.
5. Rebate: You receive the remaining balance minus a small fee.

Our Factoring Services

• Freight Bill Factoring: Convert your outstanding freight bills into immediate cash, enabling you to cover expenses and invest in your business.
• Fuel Advances: Secure fuel advances to keep your fleet running smoothly on the road.
• Non-Recourse Factoring: Protect your business from credit risk by choosing our non-recourse factoring option, where we assume the credit risk for the invoices we purchase.
• Recourse Factoring: Our recourse factoring program offers competitive rates if you prefer a lower-cost option.

Benefits of Transportation Factoring:

• Steady Cash Flow: Eliminate cash flow gaps and keep your operations running smoothly.
• Fuel and Maintenance: Immediately cover fuel costs, maintenance, and other expenses.
• Business Growth: Invest in new equipment, expand your fleet, or attract more clients.
• Credit Management: Let us handle credit checks and collections while you focus on driving.

Who Can Benefit from Our Services?

• Trucking Companies: Whether you’re a small fleet or a large operation, our factoring services can help you.
• Owner-Operators: Take control of your finances and ensure you get paid promptly.
• Freight Brokers: Improve your cash flow and offer quicker payments to carriers.

Get Started with Accrue Factoring, L.L.C.

At Accrue Factoring, L.L.C., we’re dedicated to helping your transportation business thrive. Contact us today to discuss your unique needs and how our factoring services can benefit your operations. Let us be your financial partner in the freight and transportation industry.

Contact us to learn more and get started. Don’t let cash flow challenges slow you down. Contact Accrue Factoring, L.L.C. today to learn more about our transportation factoring services and how we can customize a solution for your business. Let us be your financial partner in the transportation industry.