At Excite Logistic, we know delayed payments can disrupt your trucking business. Our freight factoring services connect you with top factoring companies, ensuring fast payments and smooth operations.
Freight factoring lets trucking businesses sell unpaid invoices to a factoring company for immediate cash, minus a small fee. Instead of waiting weeks for payments, you get fast funds for fuel, repairs, and payroll.
At Excite Logistic, we connect you with top factoring companies, ensuring a seamless process whether you’re an owner-operator or managing a fleet.
How Does Factoring Work?
The factoring company advances 80%-95% of your invoice value within 24 hours.
When your customer pays, the remaining balance is sent to you (minus a small fee).
No more waiting months for customer payments.
Factoring is not a loan, so there’s no repayment or interest.
Scale your factoring needs as your business grows.
Many factoring companies offer non-recourse factoring, meaning they take on the risk of non-payment.
Maintaining steady cash flow is essential for trucking businesses to cover daily expenses like fuel, repairs, and payroll. Factoring provides a reliable solution by ensuring quick access to funds without waiting for long payment cycles. Here’s why it’s a smart financial choice:
Partnering with Excite Logistic ensures a smooth and efficient factoring experience, giving you access to top financial solutions. We simplify the process, securing the best rates and terms for your business while offering personalized support every step of the way. Here’s why we stand out:
We ensure a smooth onboarding process, so you start receiving funds as soon as possible.
We customize factoring options to fit your unique business needs.
Our expert team is available to guide you every step of the way.
No hidden fees or surprises—just clear, straightforward pricing.
We work with top-tier factoring providers to secure the best rates and terms for your business.
We ensure a smooth onboarding process, so you start receiving funds as soon as possible.
No hidden fees or surprises—just clear, straightforward pricing.
We customize factoring options to fit your unique business needs.
Our expert team is available to guide you every step of the way.
Excite Logistic partners with leading factoring companies to provide reliable and fast funding solutions. Here are some of our top providers:
OTR Solutions offers non-recourse factoring, meaning they take on credit risk. With competitive rates, fast funding, and a user-friendly online portal and mobile app, they ensure a smooth and efficient factoring experience.
Triumph Financial provides personalized factoring solutions with flexible terms for both small and large fleets. Their customer-focused approach ensures trucking businesses get tailored financial support.
Apex Capital is known for its competitive rates, transparent pricing with no hidden fees, and reliable customer support. They make the factoring process simple and efficient.
TBS Factoring offers a fast approval process and straightforward pricing, making it an ideal choice for small trucking businesses. Their reliable service ensures you get the funds you need quickly.
eCapital provides flexible funding options and advanced online tools for easy invoice tracking. Their competitive rates and commitment to customer satisfaction make them a strong factoring partner.
