Although very important, getting fast cash is not the only factor that describes the freight bill factoring company as the most suitable for you.
There is more.
Easy Approval
Another factor concerning the right factoring company is the advantage of using the services of the freight bill factoring companies.
To put it another way, banks will consider the financial status of your trucking company while the factoring companies will not.
Frankly, the freight factoring companies are not interested in the size and status of your business. They care about the invoice they will get from you.
To emphasize, they look at the creditworthiness of your trucking business. In fact, they are counting the creditworthiness in the number of customers.
The freight bill factoring companies will approve the cash you need. They will approve it as long as you fulfill the customers’ number needed in order to get the invoice from.