The success of any trucking company is directly linked to its ability to maintain cash flow whether you’re a sole owner/operator or you own a fleet of tractor trailer rigs. Unfortunately, not all customers pay on a timely basis, and in the meantime, you have expenses and obligations to meet to keep things rolling, whether it’s to pay for fuel, meet payroll, or to perform repairs and maintenance. Invoice factoring is a viable solution for your Atlanta area trucking company.
Instead of waiting for your receivables to be paid, consider our trucking factoring services, anon-recourse invoice factoring option designed specifically for the trucking industry. Instead of waiting and worrying whether customers will pay your invoices, Eagle advances you the cash for your completed loads, minus a fee. No more waiting 30 to 60 days—or longer—for payment. We collect the receivables for you while you concentrate on delivering your next load, growing your business and day-to-day operations.
Eagle Business Credit also serves the trucking and transportation industry in other ways to help maintain cash flow. We offer same day funding, fuel cards, preferred insurance partners, preferred load boards and a variety of other options to keep you and your business moving forward. If you have an emergency repair, trucking factoring is the perfect solution to get the cash you need to get back on the road. We can usually fund you within 24 hours after you apply, and offer secure online account access around the clock for uploading invoices, running reports, or reviewing payment status. If you prefer to collect your advances in cash or money orders, we provide service through more than 300 affiliated branch locations.
Unlike bank loansand lines of credit, there’s no long approval process in trucking factoring services. Our decisions are based upon the credit of your customers, not your personal or business credit profile. In most cases, you’ll have the cash you need, in hand, within 24 hours after you’ve completed our application process. Although we provide online applications, we prefer that you call and speak with one of our trained professionals to ensure that we have all the information needed to process the application quickly.