merchantcashinadvance.com
Call 877-898-7303

Blog 1 Blog 2 Blog 3 Blog 4 Blog 5 Blog 6 Blog 7 Blog 8 Blog 9 Blog 10 Blog 11 Blog 12
Your Full Name
The Name of Your Business
Your Contact Number
Business Average Monthly Gross
Same Day Merchant Cash Advance
& Immediate Business Funding

5,000 to $750,000 Business Cash Advance FUNDING

NO CREDIT REQUIRED Merchant Cash Assistance

Merchant Account is NOT REQUIRED

Call (877) 898-7303 to Get Approved

Merchant Cash Advance | Business Cash Advance Merchant Cash Advance | Merchant Cash Advance Merchant Cash Advance | Merchant Cash Advance Merchant Cash Advance | Merchant Cash Advance Merchant Cash Advance | Merchant Cash Advance Merchant Cash Advance | Merchant Cash Advances Merchant Cash Advance | Merchant Cash Advance Merchant Cash Advances | Merchant Cash Advance

Trucking Companies and Merchant Factoring

Leave a Comment

A merchant cash advance can provide funding businesses need quickly and efficiently. As a trucking company owner you are very aware that transportation companies are quite demanding when it comes to cash flow. They need regular cash to be able to meet all the ongoing expenses. As long as cash is coming in at a nice rate, your trucking company operates like a well-oiled machine. But if there is a hiccup in the cash flow, the well oiled machine starts creaking. And if there is a major cash flow problem, gears start flying all over the place and the so-called well oiled machine comes to a grinding stop.

What is the biggest source of cash flow problems for small and mid sized trucking companies? Slow paying clients. Clients that take up to 60 days to pay their freight bills. Although large trucking companies can certainly handle waiting – small trucking companies with few power units usually cannot afford the wait. As an owner, you need the Merchant Factoring money and you need it now.

Is the solution to turn away slow paying clients? Absolutely not. That would be business suicide. The solution is to eliminate the wait by financing your freight bills using freight bill factoring.A merchant cash advance is a safe approach to accessing cash.

The concept behind factoring is very simple. Factoring companies provide you with cash for your freight bills. Usually in 24 hours or less. You get immediate funding while the factoring company waits to get paid. With factoring, you get immediate money for your slow paying freight bills, which allows you to pay drivers, maintain power units and buy fuel.A merchant cash advance is a safe approach to accessing cash.

Factoring is very easy to qualify for and very common in the trucking industry. Most trucking companies can easily qualify since the main requirement is that they do business with good (although slow) paying clients. It allows you to easily do business with clients that pay in 30 to 90 days and eliminates the stress of having to wait to get paid.

How does freight factoring work? It's simple:

1. You deliver the load and submit copies of the documents to the factoring company

2. The factoring company advances you about 90% of the freight bill in 24 hours (the remaining 10% is used to cover billing disputes). You get Merchant Cash Advance Services almost immediately

3. Once the factoring company is paid by the client, the remaining 10% (less a small fee) is rebated to you

As you can see, factoring eliminates the wait to get paid and gives you the cash you need to run your trucking company.A merchant cash advance is the business version of a payday loan for individuals.

Posted on: August 28, 2011 08:10 PM

Comments:

 

 

 


Post a Comment:

 

Name:
Email Address:
URL:
Comments: (you may use simple HTML tags for style)
Enter the characters shown in the image below :

CaptchaSecurity
 

Featured On




Program Benefits

  • Same Day Small Business Financing with Merchant Cash Advance Loans, Business Cash Advance, Unsecured Business Loans, & Merchant Money Advancement
  • Merchant Cash Financing: No Interest Merchant Loans, Unsecured Business Loans, Business Cash Advances, Merchant Cash Advance Loans, Merchant Cash Advances
  • Zero Interest Merchant Cash Advance Financing
  • We Hold a 99% Merchant Account Cash Advance & Merchant Credit Card Cash Advance Approval Rate
  • Merchant Cash Advance Loans of Up to $750,000
  • Lowest Merchant Cash Advance Rates
  • Merchant Cash Advancing: "The BEST way to Fund Merchants"
  • Quick No Interest Merchant Loans & No Credit Merchant Cash Advance
  • 0% Interest Merchant Credit Card Loans + 24/7 Merchant Cash Advance Services
  • LARGEST Business Money Advance & Merchant Cash Advance Providers
  • The ONLY Merchant Cash Advance Providers for Same Day Business Loans & Other Merchant Cash Financing Options At NO Credit Check, No Merchant Account Needed for Merchant Cash Advances

"Merchant Cash in Advance has quickly been recognized as the largest Merchant Cash Advance Company in America, offering same day cash for Merchants."

San Francisco Chronicle

EMPLOYEE Background Checks