How Does Freight Factoring Help Owner Operators?

How Does Freight Factoring Help Owner Operators

How Does Freight Factoring Help Owner Operators? If you were having dinner with a fellow trucker and he/she asked you if your trucking business was successful,

how would you answer? What does success look like to you? Do you base success on the size of your profit margins; on how much revenue your trucks generate each month

on whether or not operations are problem-free? Or, do you look at things more simplistically I have peace of mind every day and am able to sleep without worrying about my business operations?

However success looks to you, one thing is for sure: it’s always better to have an experienced industry partner that can help you achieve success; as opposed to slugging it out by yourself day after day and hoping for the best.

Express Freight Finance is just that partner someone that will come along side your business and provide the products and services that can help your business achieve success and longevity. Things like:

  • Accelerated Cash Flow
  • Lane & Market Insights
  • Finding Freight
  • Equipment Financing
  • Help with Finding Insurance or with Renewals
  • Fuel Discounts
  • Fuel Advances
  • TMS Application
  • Dispatching Services
  • Help with Compliance

The Truckdispatcher in USA Working together Express Freight Finance

Express Freight Finance can help with most key disciplines in your business, either directly or by connecting you with one of their experienced industry partners.

Why navigate the road to success by yourself and risk missing success. Express freight finance has helped hundred of carriers build successful trucking operations.

Express Freight Finance Helping Truck Driver’s

Many of their clients, just like you, started with one truck and then because of the services they have with Express Freight Finance, were able to grow their fleet to five, ten or more trucks. You, too, can rely on Express Freight Finance to help you navigate the road to success. Trust them to help get you there. It will be the best business decision you ever make.



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

Are you ready to take our service?

We Find the Best Load

We are available 24 hours a day, 7 days a week to support and assist those who request our services.

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