At Excite Logistic, we understand that cash flow is crucial in the trucking industry. Freight factoring allows trucking companies and owner-operators to get paid quickly for completed loads without waiting weeks for broker or shipper payments.
How Freight Factoring Works
Freight factoring is a financial service that provides immediate payment for your freight invoices. Instead of waiting for customers to pay, you sell your invoices to a factoring company at a small discount, ensuring you have the funds needed for fuel, maintenance, and other expenses.
Key Benefits of Freight Factoring
- Fast Payments – Get paid within 24–48 hours instead of waiting 30–60 days.
- Improved Cash Flow – Keep your business running smoothly without financial delays.
- No More Chasing Payments – Focus on growing your trucking business while the factoring company handles collections.
- Fuel Advances – Access funds for fuel upfront to keep your trucks moving.
- Flexible Options – Choose between recourse and non-recourse factoring based on your needs.
Why Choose Excite Logistic for Freight Factoring?
We partner with top factoring companies to ensure truckers receive the best rates and reliable service. Our goal is to help trucking businesses stay profitable and eliminate financial stress.
Stay on the road, keep your trucks moving, and never wait for payments again!
