"Thank you! I have been very pleased with and impressed by your business. Everyone has been very nice and has gone out of his/her way to take care of me. I look forward to factoring more from you in the future." L. Chavez – California
Benefits of Factoring
There are numerous benefits of factoring. The first and foremost is improved cash flow. As an example, lets say you as an independent can not collect a $1000 freight bill. If you are lucky you make 10% of the total bill in profit. That means you would have to bill $10,000 in freight charges just to recoup that $1000 dollar charge off!
A second benefit to you is in record keeping. We send you a breakdown of all purchases and the deducted amounts immediately. With a CD ROM of all of your billed invoices, you never need to keep boxes of invoices for the I.R.S. again.
An additional benefit is access to current credit information. This helps you eliminate brokers or shippers who don't pay in a timely manner, or at all.