Transportation, Trucking & Freight Invoice Factoring
FUEL YOUR TRUCKS DAILY BY EXCHANGING YOUR ACCOUNTS RECEIVABLE FOR CASH
Need financing for hauling your loads, fueling your trucks, paying your drivers, or expanding your fleet? ProBilling pays many transportation, trucking, and freight companies top dollar in exchange for their outstanding invoices. Get the funding you need for your outstanding invoices through Trucking & Freight Factoring Services.
How Trucking & Freight Factoring Works
Send us your monthly invoices, and we’ll provide you with a high cash advance within 24-hours. We’ll also take care of collections and payment processing services, so you don’t have to.
THE PROCESS IS SIMPLE
- Apply quickly
- Get approved for funding within 10 days
- Get your first payment fast!
ProBilling offers private-label customer service.
When you hire us, you’ll get a dedicated account representative focused on serving you and your clients. We’ll also custom-brand all credit applications and other documents with your name and logo.
Trucking & Transportation Companies We Work With
- Trucking Companies
- Freight Brokers
- Oilfield Transport (link to oilfield page)
- Third-Party Logistics
- Mobile Mechanic Services
- Truck/Trailer/Equipment Commercial Leasing or Rental
- Auto Haulers
- Dump Truck Services
- Hot Shot Trucking
The Benefits Of Transport Factoring Are Endless
NEXT-DAY PAYOUTS
Stop waiting for slow-paying clients. Get immediate cash when you need it with Accounts Receivable Factoring. Next-day payments give you the flexibility to extend payment terms for your clients, which sets you apart from competitors.
DEBT-FREE FINANCING
Invoice Factoring is not the same as a bank loan. Your transportation or freight company gets access to ongoing funding without incurring any debt. Get cash payments for your invoices when you need them. There are no long-term contracts or compounding interest rates that you have to worry about.
EASY APPROVAL
Unlike the piles of paperwork and flawless credit history most traditional lenders require, ProBilling works with many credit situations. We can even fund small businesses and startups that often have a tough time getting approved for a bank loan for the first two years in business.
FAST APPROVAL
It takes about 10 minutes to fill out our preliminary application. After that, a member of our underwriting department will contact you to request any additional information they need. Paperwork is minimal, and the approval process is usually finished in about 10 days.
LOW FACTOR RATES
You may be thinking, “This sounds great, but how much does it cost?” While several factors determine your rate, it is usually less than the cost of a credit card processing fee. Check out our FAQ page to learn more about how we determine your fee.
Invoice Factoring vs. Bank Loan
Trying to choose between Invoice Factoring and a Bank Loan? The choice is easy:
Bank Loans
You incur debt
Approval takes weeks or months
Must have excellent credit
Usually a one-time loan
Increasing your credit line is VERY difficult
Must be in business for at least 2 years
Invoice Factoring
Debt-free financing
Approval takes days
We work with all credit situations
Ongoing funding whenever you need it
Flexible funding that grows with your business
We fund small businesses and startups
