non-notification factoring
Non-notification factoring for trucking and transportation companies
Non-notification freight factoring for trucking and transportation companies. The Non-Notification option for trucking is offered by our affiliate. This option allows trucking and transportation companies to take advantage of all the benefits of freight factoring and improved cash flow without the hassle of introducing the factoring company to their customers.
It’s Fast and Flexible - This is How it Works:
- From $500,000 to $15 million
- Carrier's (Your) customers pay invoices to factor's lockbox in Your name
- Notifications and checks will remain in Your (carrier) name
- The client carrier (You) will do the collections, however, should there be any collection concerns/collection history problems or if You are not doing an adequate job collecting, factor will contact You to discuss these concerns and Factor will have the option (with Your knowledge) to contact Your customer and assist with collections
- Eligible companies should have at least one year’s trading history, however, not necessary if management is very strong and the company has a strong customer base
The non-notification program for freight factoring offers many advantages to trucking and transportation companies that are seeking flexibility from their factoring company.
For more information and to see if your company qualifies for non-notification freight factoring, please submit the online form. The representative that handles your area will contact you shortly.
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