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If you are experiencing or expecting a cash flow crunch, factoring can help steady your company’s financial footing. It is not a business loan — it is a way to get immediate access to your accounts receivable by selling them at a discount to a factoring company. The money you get is money that is already owed to you, so you are not creating debt and your personal credit is not an issue.
- If your fleet is struggling in its collection efforts
- If your fleet needs help in financing your debtors
- If your fleet cannot get standard bank financing to expand business or update major equipment
- Dedicated account manager
- 24/7 online account access
- Credit checks on potential customers
- Collections management
- Fuel and tire savings programs
- No hidden fees
- No monthly minimums
- Easy application and set-up