Trucker’s Guide to Freight Factoring

Freight factoring streamlines cash flow for transportation companies so they can pay their expenses and grow their business. Our Trucker’s Guide to Freight Factoring explains what exactly invoice factoring is, how it works, and if it’s a right fit for your trucking company.

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Freight factoring is a cash flow solution for transportation companies.

Our guide will help you better understand how you can convert invoices into immediate cash instead of waiting 30-90 days to get paid.

The following topics are explained in detail:

  • How Factoring Works
  • Is Freight Factoring Right for You?
  • Keep These Tips In Mind When You Choose A Factoring Company
  • Non-Recourse Factoring
  • Don’t Fall for These Myths About Business Invoice Factoring
  • Debt Collection vs. Invoice Factoring
  • Invoice Factoring vs. Traditional Bank Loan: What’s The Difference?
  • Invoice Factoring Application Process
  • How Much Does Invoice Factoring Cost?

  • “This is how everyone should run a business. Customer service is like talking to an old friend. Also very organized and well laid out plan for helping new customers get started. Very quick payment. Highly recommend.” 

    GOOGLE Review

  • “I am so thankful that I found a great factoring company like Triumph Business Capital. There first response with me was like talking to a family member and that hasn’t changed. Awesome Company!!” 

    Google Review

  • “Triumph’s service is superb! They have a very easy process to get you started! They were very helpful and professional. I was a little apprehensive about using a factoring company but once I got started and received my first funding I realized that it was the best for my company! Thanks Triumph!” 

    Google Review

  • “Triumph has done a great job for me. They are always ready and willing to deal with any issues that may come up. Wouldn’t go anywhere else.”

    Google Review

  • “Triumph’s team has been a major help to me and my business. I truly appreciate their services. So helpful over the phone.”

    Google Review