One of the challenges experienced by trucking businesses is steady cash flow. Unpaid invoices can have a huge effect on your work, especially if you’re an independent truck driver or a small trucking company that depends on incoming funds to cater to some business needs such as equipment servicing & maintenance, rent, fueling, payroll, etc. Speedy Dispatch Solutions understands what effect inadequate access to funds can have on your business. That is why we have comprehensive factoring solutions for your trucking company.
Factoring in the trucking industry allows you to get an immediate cash advance on your invoice. Turn your unpaid invoices into cash and be able to take care of operating expenses without taking on debt or waiting for customers to process the invoice. By exchanging your invoice for cash at a small percentage of the total invoice, you can get access to funds quickly and get back to hauling freights and making more money.
Some clients or partners can take weeks or months to process their invoices, but your business can’t afford to wait for that long. You need funds to cater to the expenses required to keep your freight moving. Speedy Dispatch Solutions can help with that.
Why do you have to wait for months to receive your payment from clients when your business needs steady cash inflow to keep moving? We can help you get a cash advance on your invoice within few hours. Get in touch with us today to get a quote or learn more about our service.
