Lexington Hot Shot Factoring Companies
Including the following Florida cities
Including the following Lexington Factoring Services
Lexington, Kentucky
Hot Shot Trucking Factoring FOR Lexington COMPANIES
Do these words describe your reality? We're here to assist you.
As the person who operates a fleet of trucks, I'm currently online, scouring through numerous factoring company websites for a specific purpose.
In our industry, we encounter challenges like customers who take a long time to pay, intense competition, fuel costs that constantly change, and the ongoing struggle to find reliable drivers. These circumstances have prompted me to search for a dependable factoring company.
I understand the vital role that immediate cash flow plays in keeping our operations smooth, especially when customer payments are delayed. Finding the right factoring partner can revolutionize our business, alleviating the daily pressures we face and providing the financial backing necessary to navigate this highly competitive industry.
Given the wide array of options, I'm determined to find a company that comprehends the unique demands of the trucking sector, offers competitive rates, and ensures swift fund delivery.
This online quest is a critical step towards discovering the perfect match that will enable us to maintain excellent service, preserve our fleet, and stay ahead in this demanding field.
When there are several invoice factoring companies to consider, how do you identify the optimal choice for your Lexington company?
Among the multitude of trucking factoring companies, they all want you to believe that their flexible rates are the best, they don't require long-term contracts, payments are lightning-fast on the same day or within the same hour, there are no up-front fees, and no monthly minimums or maximums to worry about.
Choosing the perfect invoice trucking factoring company may seem daunting, but our unparalleled experience, clear and honest pricing, and superior customer support make it a simple and clear-cut decision.
WHAT SEPARATES OUR HOT SHOT FACTORING COMPANY
Drive Your Profits, Shift Your Success: Discover Our Trucking Factoring Services
Having amassed 40 years of hot shot trucking factoring experience, we boast an unmatched depth of knowledge and expertise that enables us to adapt and thrive in the constantly shifting financial landscape. The trust our clients express through referrals serves as evidence of our dedication to providing unparalleled service and innovative solutions customized to meet your needs. Our competitors simply cannot compete with our wealth of hot shot trucking factoring experience and history of success.
Send late payments packing for good.
Imagine a world where you don't have to wait for customers to pay their freight bills. With our factoring service, you can get up to 100% of the invoice amount upfront, while we handle the rest. Once they've paid, you'll get the rest, less our small fee. This isn't a loan, there's no debt, just an immediate cash injection for your business.
Dealing with fuel price swings used to be a nightmare for my trucking business, but this factoring company has been a true game-changer. With their up-to-100% advance, I never have to worry about being left high and dry again. If you're tired of the financial rollercoaster, this factoring company is the answer. They'll keep your trucks rolling smoothly through any fuel price storm. - Matthew.
Fuel price challenges conquered with ease.
Say goodbye to the stress of unexpected fuel price swings affecting your business. With our up-to-100% advance, you'll have the funds to maintain your truck fleet, regardless of what happens. Our competition can't match our financial solution.
Preserve the quality of your fleet.
Prevent the outlay for maintenance from chipping into your profits. Thanks to our exceptional advance rates, you can keep your fleet in top condition, even when dealing with slow-paying customers. Our quick cash delivery sets us apart from the competition.
Personalized Factoring: Collections That Work for You
We communicate in a professional manner with your customers, understanding the value of their relationships to your business. Instead of acting as a collection agency, we operate as your Credit and Collections Department for factored invoices. Our tasks involve making calls on your behalf to monitor payment statuses, track check dates, and ensure accurate message transmission. This empowers you and your team to focus on more pressing issues.
Thank you for your unwavering commitment to professionalism and efficiency through your collections team, which has not only enhanced our customers' experience but also helped us outshine our competition. - Joseph.
Our solution solves the driver shortage problem.
Don't let a lack of seasoned drivers slow down your expansion. Our factoring services provide the necessary financial stability to attract and hold onto the best talent. We surpass our competitors by ensuring your financial strength, crucial for continued growth.
Simplify your factoring experience with our intuitive and transparent online platform, designed to make managing your services a breeze.
Your factoring company has been our guiding light, ensuring we have the optimal amount of resources to handle our workload effectively and efficiently. - Scott.
The Most Frequently Asked
What exactly is trucking factoring and how can it help my Lexington business? Is it like a loan? Will I incur any debt?
Find Out HereWhat makes your company any better than any other trucking factoring company?
Find Out HereWhat other advantages do you offer me?
Find Out HereHow do I know if you’re the right company for my Lexington business?
Find Out HereI only have one truck or I’m a start-up. Am I too small for your company?
Find Out HereI have been turned down by banks, will I qualify for factoring?
Find Out HereI have tax liens. Can you help me?
Find Out HereI have a UCC Filing against my company. Can you help me?
Find Out HereCan I know what your fees and rates are up front?
Find Out HereAre there any monthly minimums? What kind of agreement do I need to sign?
Find Out HereI don’t want to factor all my loads. Do I have to give all my invoices to your company?
Find Out Here
“Dealing with fuel price swings used to be a nightmare for my trucking business, but this factoring company has been a true game-changer. With their up-to-100% advance, I never have to worry about being left high and dry again. If you're tired of the financial rollercoaster, this factoring company is the answer. They'll keep your trucks rolling smoothly through any fuel price storm. - Matthew.”
What do I need to submit for approval and how long does the process take?
Find Out HereHow am I evaluated in the approval process?
Find Out HereOnce approved, how do I get my money from your company?
Find Out HereHow much of my load will I receive up front, and how soon will I get the money?
Find Out HereThis is all new to me. Are you easy to work with?
Find Out HereI don’t like talking to robots or call centers. Can I talk to a real person when I need to?
Find Out HereHow will you work with my customers to collect their money?
Find Out HereWill I be able to keep track of collections from my end?
Find Out HereI’m not familiar with your company. How do I know you’ll be in business when I need it?
Find Out HereCan my company use factoring?
Find Out HereIf you don’t see the
answer to your question,
please don’t hesitate
to contact us.
If you don’t see the answer to your question,
please don’t hesitate to contact us.
ANSWERS
What exactly is trucking factoring and how can it help my business? Is it like a loan? Will I incur any debt?
What if you could receive instant payment for the freight bills you send to your customers, rather than waiting for 30-60 days or more? It would certainly make a difference, right? Our trucking factoring company offers you the opportunity to access up to 100% of the payment right when you need it, with no reserve required. We take care of collecting the payment from your customers, allowing you to focus on managing other crucial areas of your trucking business. Once your customer pays the bill, we refund the remaining 3-15% reserve balance to you, after deducting the factoring fee. Remember, this is not a loan, so there's no debt involved. You can immediately put that money to use and accelerate the growth of your trucking business.
Back to the TopWhat makes your company any better than any other trucking factoring company?
We have been serving customers since 1979, establishing a solid reputation over the years. Being privately owned and financially strong, we have managed to withstand economic downturns that have caused other companies to close down. We understand the struggles that come with tough times. Our goal is to help you make informed financial decisions, irrespective of the circumstances. Rest assured, we will be by your side, supporting your trucking business and ensuring its smooth operation and long-term viability.
Back to the TopI’m not familiar with your company. How do I know you’ll be in business when I need it?
We have been serving customers since 1979, establishing a solid reputation over the years. Being privately owned and financially strong, we have managed to withstand economic downturns that have caused other companies to close down. We understand the struggles that come with tough times. Our goal is to help you make informed financial decisions, irrespective of the circumstances. Rest assured, we will be by your side, supporting your trucking business and ensuring its smooth operation and long-term viability.
Experience our superior offerings and service. Call us today.
1-866-593-2205Back to the Top
How do I know if you’re the right company for my Lexington business?
Be assured that you're making the right choice by selecting our factoring company. We've been financing businesses of different scales since 1979. If your needs surpass our scope, we have a broad network of resources to help you find the ideal match from the start. You'll appreciate our flexibility and the way we can match your unique needs with the right funding source. Our company excels because of our adaptability and tailored solutions.
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I only have one truck or I'm a start up. Am I too small for your company?
We join forces with trucking companies, regardless of their size or how long they've been around. Small businesses are the vital force that maintains our economy's balance.
Back to the TopI have been turned down by banks, will I qualify for factoring?
If you deliver shipments for trustworthy companies and prefer not to wait for payment, factoring offers a potential solution. If your customers have a good payment history, factoring is worth considering.
Back to the TopI have tax liens. Can you help me?
No worries! If you have a payment arrangement with the IRS, there's a good chance we can provide you with some help.
Give us a shout and speak with one of our veteran factoring experts.
1-866-593-2205 Back to the TopI have a UCC Filing against my company. Can you help me?
Yes, if the UCC is using your accounts receivable as security, we'll need the lender to agree to move it down or cancel it to facilitate factoring. Factoring requires being in the primary position with the UCC for your accounts receivable. We can guide you through that process.
Back to the TopCan I know what your fees and rates are up front?
Absolutely! Unlike most companies, we believe in complete honesty about our fees and rates. Our factoring rates are highly competitive in the industry and depend on factors like the number of trucks you have, the volume of business you want to factor, the type of loads, and any potential risks associated with your customers. We provide funding through ACH, wire transfer, and electronic invoice submission. Each of these options comes with a small fee, which we'll clearly explain right at the beginning when we present our factoring proposal. We don't charge any setup fees like the others do. There are no monthly minimum fees or any other extra charges either.
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Are there any monthly minimums? What kind of agreement do I need to sign?
No obligation for minimums! Actually, you have the flexibility to handpick the invoices you want us to help you with. Furthermore, we offer agreements as short as 90 days. Our factoring program is similar to carrying a credit card, allowing you to utilize it whenever needed. Reach out to us without delay and let's initiate the process today!
Back to the TopI don’t want to factor all my loads. Do I have to give all my invoices to your company?
No question about it, you have the authority to decide which accounts to factor. It's entirely up to you to select which invoices you want to submit for funding as often as you need.
Back to the TopWhat do I need to submit for approval and how long does the process take?
Complete a quick and easy online application and provide: proof of insurance; a scanned copy of your driver's license; legal paperwork such as Articles of Incorporation or Fictitious Business Name Statement (DBA filing); a duplicate of your W-form; and possibly a couple more documents depending on the size of your business. Typically, you'll receive a proposal within 2hours, and from start to receiving the funds, the whole process usually takes around to days.
Back to the TopHow am I evaluated in the approval process?
Set up your business as a legitimate entity (Corporation, LLC, sole proprietor) with the necessary authorization (DOT or MC) and insurance. Additionally, make sure your customers have a good financial standing.
Back to the TopOnce approved, how do I get my money from your company?
You forward us the necessary documentation, such as your invoice, bill of lading, load confirmation, and any supporting materials.
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How much of my load will I receive up front, and how soon will I get the money?
Speak to one of our account representatives and we’ll give you all the information that fits your particular business.
1-866-593-2205Back to the Top
This is all new to me. Are you easy to work with?
Absolutely! We're a private company, made up of like-minded entrepreneurs who understand your journey. We've experienced the same and are committed to assisting you every step of the way. We listen to your unique situation and formulate a personalized plan for your business. Contact us today to discuss this further with no obligations!
Back to the TopI don’t like talking to robots or call centers. Can I talk to a real person when I need to?
For sure! When you become a member of our team, you'll be paired with a dedicated Account Executive who will become well-versed in your business. This personalized connection enables us to offer you exceptional help that sets us apart.
Back to the TopHow will you work with my customers to collect on the invoices?
Our approach to customer interactions is always professional and courteous, acknowledging the importance of these relationships to the growth of your business. It's crucial to highlight that we are not a collection agency. Instead, we serve as your dedicated Credit and Collections Department for factored invoices. This means we make phone calls on your behalf to check payment statuses, keep track of check dates that we can provide you with, and pass along any relevant messages. Our objective is to streamline the process, giving you the freedom to concentrate on more pressing matters.
Back to the TopWill I be able to keep track of collections from my end?
Definitely! You'll have easy online access to aging reports, and we'll keep you informed about any collection issues so that there won't be any surprises.
find out more about how you can benefit from factoring with Orange commercial credit. call us today.
1-866-593-2205 Back to the TopWhat other advantages do you offer me?
We are committed to employing advanced technology to streamline the funding process. This includes electronic invoice submission, online reports, credit checks, and other emerging methods that enhance efficiency and reduce expenses. Our streamlined processes allow us to offer lower rates compared to most other companies. Reach out to us today, and we'll demonstrate the unique advantages that make us a standout choice.
Back to the TopCan my company use factoring?
Transportation companies rely on our factoring solution to optimize their cash flow and enhance their bottom line. Taking the first step is simple—just reach out to us, and we'll guide you through the process.
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And that's the situation. It's clear now why we hold the edge over other invoice factoring services.
