Freight factoring companies – A great way to overcome today’s freight industry challenges
The biggest challenge facing any company is financial management. This is made extremely difficult because capital is rarely ever consistent. You complete a job, you know you have made a specific amount of money, yet you rarely see this money appear in your business account straight away. This presents huge stumbling blocks because you need that cash in order to finance purchasing or using resources to fulfil other orders. And thus you find yourself in what can only be described as an extremely tricky position.
This is an issue that is particularly felt in the freight industry. Most truckers and other freight operators have to wait a minimum of 30 to 45 days before they are paid. And you can guarantee that in most instances it takes even longer than this. This puts huge stumbling blocks in the way of businesses and is often the reason why many become close to shutting down or do indeed have to call it a day. There are of course a lot of financial solutions available, including bank loans and alike, yet these only end up crippling the companies further as they struggle to make back the payments. So, what can you do?
Freight Factoring Companies – Light at the end of the tunnel
Thankfully all hope is not lost, there is a solution and this comes in the form of freight factoring companies. NR Business Credit is one of the leading freight factoring companies in America and we provide a financial solution that is effective, easy and quick. Once you have filed your invoice we will release the funds to you in order to stop you from being dependant on the client. We take a very small percentage of the invoice for this service, yet you get the massive benefit of being safe in the knowledge that you will always have the capital needed to fulfil freight orders.
Aside from fantastic rates and improved stability at your company, you also get the possibility to grow and you get this through access to fast cash. Once you have been accepted you can receive funds within a mere 24 hours. You will never have to turn down another order again! Our factoring service provides you with the perfect platform to reach levels you never deemed imaginable before.
If you want the help of one of the best freight factoring companies in America then give us a call today on (888) 820 6373. Or apply online, submit your documents and get funded; it is as quick and easy as that!