Transportation Company Factoring
Operating a staffing and recruiting business can be financially rewarding but cash flow problems can hurt even the most well managed company.
Factor Funding Co has staffing factoring solutions to the cash flow challenges your small or medium-sized business may experience. Whether your business is a start-up or a growing established company we can turn your invoices into the cash you need.
Rising fuel costs can strain the budget of a transportation company. Keeping trucks on the road requires a constant supply of gasoline and diesel fuel, no matter what the cost per gallon might be. Repairs and maintenance costs can also put a strain on a company’s finances.
Maintaining a steady flow of cash into your transportation company can be difficult when customers are slow to pay invoices. Transportation company factoring is the solution if insufficient cash flow is:
- Straining company finances
- Preventing expansion
- Making it difficult to meet payroll
- Keeping your trucks off the road because of high fuel costs
- Threatening your growth or survival
Factor Funding Co can turn your outstanding invoiced receivables into immediate cash that your transportation company needs to keep your business growing and keeping your trucks on the road. Factor Funding Co knows the challenges of small and medium-sized companies in the transportation industry. Our transportation company factoring solutions can provide the cash to meet the needs of your company, including:
- Payroll and operating expenses
- Purchasing fuel
- Truck routine maintenance and unanticipated repairs
- Capital to expand into new markets and routes
- Investing in new technology, such as security equipment and GPS devices
- Taking advantage of growth opportunities
The competition in the transportation industry can be fierce. Your company’s reputation and survival depends on its ability to deliver a customer’s cargo on time. Factor Funding Co can provide you with the capital you need to build your company’s reputation and business.
GET IN TOUCH WITH FACTOR FUNDING
Factor Funding Co developed its transportation company factoring solution to meet the unique demands of the transportation industry. Increasing safety through training, reducing theft and losses through improved security equipment and improving efficiency with GPS and RFID tags require capital.
As transportation industry experts, Factor Funding Co can improve your transportation company’s cash flow without burdening it with debt repayment associated with bank loans. Transportation company factoring gives you the cash you need without adding debt to your bottom line.
Call us at 866-245-0020