Virginia Beach Hot Shot Factoring Companies
Including the following Georgia cities
| Atlanta | Columbus | Augusta | Savannah | Athens | Macon |
Including the following Virginia Beach Factoring Services
Virginia Beach, Virginia
Hot Shot Trucking Factoring FOR Virginia Beach COMPANIES
Sound like your exact situation? Well, you're in luck.
Being the owner of a trucking fleet, I'm well aware of the many challenges we face in this industry. Customers who take a long time to pay can seriously hurt our cash flow, and that's just the beginning. We also have to deal with intense competition, unpredictable fuel costs, and the constant struggle to find and keep reliable drivers. Running a profitable trucking business can feel like navigating a field full of hidden dangers. On top of that, we have to cover the costs of maintaining our vehicles, manage how much we can transport, and make sure we provide exceptional customer service. It's clear that we need strong financial support to keep our business afloat.
That's why I'm currently searching for a reliable factoring company. A good factoring company can provide us with immediate cash to keep our operations running smoothly, even when our customers delay payments. Finding the right factoring partner could completely transform our business, relieving many of the daily pressures we face.
However, the challenge lies in the overwhelming number of factoring companies to choose from. It feels like searching for a needle in a haystack. It's essential for us to find a company that understands the unique demands and limitations of the trucking industry. I'm looking for a factoring partner that offers competitive rates, has a straightforward process, and, most importantly, can deliver funds promptly when we need them.
Despite the daunting array of options, I'm determined to find the perfect match for our needs. With the right factoring company on our side, we can alleviate many of the worries that come with running a trucking business. This will ensure that we can continue delivering excellent service to our customers, maintaining our fleet, and staying ahead in this highly competitive industry.
With a plethora of options for invoice factoring companies, how do you determine the one that stands out for your Virginia Beach company?
It's no secret that every trucking factoring company wants to be known for their exceptional flexible rates, absence of long-term contracts, prompt same day or same hour payments, lack of up-front fees, and no monthly minimums or maximums.
Making the optimal choice among invoice factoring companies can be intimidating, yet our unmatched track record, transparent pricing, and exceptional customer care make it a straightforward decision.
WHY OUR HOT SHOT FACTORING COMPANY IS UNIQUE
Navigate the Road to Success: Experience the Unmatched Benefits of Our Trucking Factoring Services
With 40 years of hot shot trucking factoring experience, we have honed our knowledge and expertise to deliver superior service and innovative solutions tailored to your needs. The trust our clients place in us, demonstrated by their referrals, is a testament to our dedication to their success. Our competitors simply cannot match our level of hot shot trucking factoring experience and proven achievements.
Leave late payments in the past.
No more waiting for 30-60 days for freight bill payments! With our factoring service, you get up to 100% of your invoice value immediately. We'll take care of collecting the money from your customers, and once they've paid, you get the rest, less our fee. It's not a loan or debt; it's just fast cash for your business.
I can't express enough how this factoring company has transformed my trucking business during fuel price swings. Their up-to-100% advance has been a financial lifeline, providing the funds I need to navigate through challenging times. If you're tired of feeling stranded when fuel prices fluctuate, I highly recommend this factoring company. They'll be your trusted partner in overcoming financial obstacles. - Gabriel.
Surpass fuel price obstacles with ease.
You won't have to worry about disruptions caused by sudden fuel price fluctuations anymore. Our up-to-100% advance provides the funds necessary to keep your trucks moving, regardless of any cost changes. Our competitors lack this advantage.
Ensure optimal performance for your fleet.
Don't let repair bills undercut your profits. With our generous advance rates, you can manage your fleet's maintenance costs, even if customers are tardy with payments. Our fast cash provision gives us a competitive edge.
Customizable Factoring: The Perfect Collections Solution
We engage with your customers in a professional manner, recognizing the significance of their relationships to your business. Instead of acting as a collection agency, we serve as your Credit and Collections Department for factored invoices. Our role includes making calls on your behalf to stay informed about payment statuses, monitor check dates, and effectively relay messages. This allows you and your team to prioritize more pressing tasks and responsibilities.
The exceptional performance of your collections team has transformed our business; their seamless management of customer accounts has not only improved satisfaction but also elevated our overall image in the market. - Scott.
Stay resilient in the face of driver shortage.
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.
We can't express enough gratitude for the positive impact your factoring company has had on our productivity; your financial assistance has truly optimized our operations. - Andrew.
The Most Frequently Asked
What exactly is trucking factoring and how can it help my Virginia Beach 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 Virginia Beach 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
“I can't express enough how this factoring company has transformed my trucking business during fuel price swings. Their up-to-100% advance has been a financial lifeline, providing the funds I need to navigate through challenging times. If you're tired of feeling stranded when fuel prices fluctuate, I highly recommend this factoring company. They'll be your trusted partner in overcoming financial obstacles. - Gabriel.”
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?
Have you ever wished you could receive instant payment for the freight bills you send to your customers, rather than waiting for 30-60 days or more? Well, now you can! Our trucking factoring company offers you the opportunity to access up to 100% of the payment right when you need it, without any reserve. We take charge of collecting the payment from your customers, allowing you to focus on managing other crucial aspects 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 need to worry about accumulating any debt. You can put that money to work immediately and drive the growth of your trucking business.
Back to the TopWhat makes your company any better than any other trucking factoring company?
Since our establishment in 1979, we have been operating in the industry, accumulating extensive experience. As a privately owned company, we have maintained a strong financial position, allowing us to endure economic downturns that have caused other businesses to crumble. We understand the trials that come with tough times. Our objective is to assist you in making wise financial choices, whether the times are favorable or challenging. You can rely on us to be there, supporting your trucking business and ensuring its continuous smooth operation and strength.
Back to the TopI’m not familiar with your company. How do I know you’ll be in business when I need it?
Since our establishment in 1979, we have been operating in the industry, accumulating extensive experience. As a privately owned company, we have maintained a strong financial position, allowing us to endure economic downturns that have caused other businesses to crumble. We understand the trials that come with tough times. Our objective is to assist you in making wise financial choices, whether the times are favorable or challenging. You can rely on us to be there, supporting your trucking business and ensuring its continuous smooth operation and strength.
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 Virginia Beach business?
Feel at ease knowing that you're making a wise move when choosing a factoring company. For over four decades, since 1979, we've been supporting a wide array of businesses in different fields. If your needs go beyond our capabilities, we've got an extensive network of resources that can save you significant time, by matching you with the right funding source right from the start. You will value our flexibility and our talent for aligning your unique needs and industry with the best funding resource. We outperform our competition by offering a vast range of resources 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 engage with trucking companies, whether they're big or small, new or established. Small businesses act as the foundation that supports our economy's prosperity.
Back to the TopI have been turned down by banks, will I qualify for factoring?
If you transport goods for reliable businesses and don't want to wait for payment, factoring might be the solution for you. If your customers consistently pay on time, you can benefit from factoring.
Back to the TopI have tax liens. Can you help me?
Sure thing! If you've made an agreement with the IRS to make payments, we can likely assist you.
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?
Of course, if the UCC has your accounts receivable as collateral, we'll need the lender to agree to move it down or cancel it to allow for factoring. Factoring requires having the UCC in the top position for your accounts receivable. We can assist you in managing that procedure.
Back to the TopCan I know what your fees and rates are up front?
Absolutely! Unlike most companies, we make it a point to be completely transparent about our fees and rates from the beginning. Our factoring rates are really competitive in the industry and depend on factors like the number of trucks you run, the amount of business you want to factor, the type of loads, and any risk tied to your customers. We provide funding options through ACH, wire transfer, and electronic invoice submission. Each of these choices comes with a small fee, which we'll always make clear right at the start when we present our factoring proposal. We don't charge any setup fees like the others. There are no monthly minimum fees or any other additional charges either.
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Are there any monthly minimums? What kind of agreement do I need to sign?
No need to meet any minimum requirements! You have complete flexibility in choosing the invoices you want us to assist you with. Plus, our agreements can start from as short as 90 days. Our factoring program is like having a credit card in your wallet, available for use whenever necessary. Give us a call now and let's start 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 way, you get to decide which accounts to factor. You have the power to select the invoices you want to submit for funding whenever you want.
Back to the TopWhat do I need to submit for approval and how long does the process take?
Complete a user-friendly online application and provide the required documents: proof of insurance; a scanned copy of your driver's license; legal paperwork like Articles of Incorporation or Fictitious Business Name Statement (DBA filing); a copy of your W-form; and perhaps one or two additional documents depending on the scale of your business. Normally, within 2hours, you can expect to receive a proposal, and the entire process, from start to receiving the funds, usually takes about 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 required credentials (DOT or MC) and insurance. Also, make sure your customers have a reliable financial history.
Back to the TopOnce approved, how do I get my money from your company?
You submit your invoice, bill of lading, load confirmation, and any other relevant supporting documentation to us.
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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?
Definitely! We're a private firm, formed by entrepreneurs who know what you're going through. We've been in the same situation and are committed to helping you every step of the way. We listen to your needs and craft a bespoke plan for your business. Feel free to get in touch with us today for a no-pressure conversation!
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 join our family, you'll be connected with a dedicated Account Executive who will take the time to learn about your business in depth. This individualized approach enables us to provide you with exceptional support that sets us apart.
Back to the TopHow will you work with my customers to collect on the invoices?
We engage with your customers in a professional and courteous manner, understanding the importance of these connections to the growth of your business. It's crucial to highlight that we are not a collection agency. Instead, we assume the role of your designated 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 simplify the process and give you the freedom to focus on more critical tasks.
Back to the TopWill I be able to keep track of collections from my end?
Definitely! You'll have convenient online access to aging reports, and we'll ensure you're up to speed on any collection concerns to avoid any surprises catching you off guard.
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?
With our team's comprehensive credit expertise and resources, you can make informed decisions about working with brokers. We provide real-time credit checks on brokers' creditworthiness, allowing you to choose the right loads and avoid potential payment issues. This critical information helps you maintain a smooth operation and prevents bad debt write-offs.
Back to the TopCan my company use factoring?
Factoring is an effective tool for transportation companies of all sizes to enhance their cash flow and optimize their financial performance. Getting started is simple—just get in touch with us, and we'll explain everything in plain language.
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That's the lay of the land. Now you can see why we're more sought after than other companies in the invoice factoring sector.
