Can Truck Factoring Really Help my Small Trucking Business?

Can Truck Factoring Really Help my Small Trucking Business

Can Factoring Really Help my Small Trucking Business? Yes, Yes, and Yes! Truck Factoring doesn’t just have the benefit of receiving your money within 24 hours of delivery and just allow carriers to think about pick, drive, and deliver.

Express Freight Finance The Best for Truck Drivers

Factoring gives all carriers big and small the peace of mind know that they are working with approved brokers and good direct shippers before they pick up load. With Express Freight Finance we offer free unlimited credit check on freight brokers and direct shippers.

Knowing before you pick up a load and that you are hauling a load for a reputable freight broker or direct shipper is key because now the carrier knows once delivered and the Rate Confirmation and Proof of Delivery has been submitted to the factor, the money will be in their bank account or fuel card within 24 hours.

The Responsibility of Collecting Payment

After the load has been factored the factoring company takes on most of the responsibility of collecting payment 

Express Freight Finance provides an online account to it carriers to login and view their account yes Can Truck Factoring Really Help my Small Trucking Business

Free Credit Checks For Truck Drivers

The information provided online gives them access to view all loads that have been submitted, what loads have been paid, which loads the collection team is working on to get paid along with their notes, free credit checks can be performed for a quick decision response of approved or not approved

These are just a few of the many benefits of factoring for freight carriers Factoring your freight bills is for all size fleets big or small Express Freight Finance is here to help carriers be successful with business goals and provide the cash flow needed in running a successful transportation company

Truck Dispatch Team

We are proud to be the truck dispatcher company in the USA can rely on.

Your truck driving and logistics business needs to be supported by the right truck driver dispatcher services. This is where Logity Dispatch can make all of the difference.

we provide these services to trucking operators across the country 48 States. This means you can continue providing your critical trucking services, supporting our society and our economy with your logistics.

Our telephone number 24/7 to get started Our team is on hand to provide you the quote you need for your business, and to help you learn more about Us truck disaptcher USA



Truck Factoring your freight bills

TruckFactoring your freight bills is a great way to ensure you will have the cash flow needed to meet your business’s financial obligations on time. Factoring your freight bills can:

  • Provide steady, predictable cash flow

  • Enable you to pay your bills on time

  • Help improve driver retention

  • Help build your business credit

  • Reduce non-payment on invoices




WHAT DOES TRUCKS DISPATCH SERVICES NEED FROM ME TO GET STARTED?


MC #’s can be acquired from the FMCSA

Since ‘Uncle Sam’s likes accurate records being kept, we make sure to dot all of our i’s and cross all of our t’s.

This is the minimum requirement. If you’d like to have more peace of mind with higher coverage, that’s fine by us.

This is a common practice for shippers, brokers and dispatchers alike.

In order to make sure all safety and compliance ordinances by the government are being met, we need to keep accurate records.



Industry Trends

Industry TrendsWEEKMONTHYEAR
Spot Market Loads +10% +46% +92%
Spot Market Capacity -1.5% +12% +1.7%
Van Load To Truck +11% +30% +98%
Van Rates(spot) +0.0% +0.6% +7.2
Flatbed Load To Truck +20% +38% +109%
Flat Rates(spot) +0.0% +3.6% +9.1%
Reefer Load To Truck +2.4% +31% +109%
Reefer Rates (Spot) +0.0% +0.5% +5.1%
Fuel Prices +0.6% -0.6% +22%


Todays Rates


Truck Dispatch the USA for Dry Vans, Reefer, Flat-Bed, and Step decks We have the best loads for Truck

07-04-2022

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