Trucking Factoring Companies

Why Trucking Firms
Pick Us

Topmost CASH
(around 97%)

We offer the uppermost
advances in the
freight bill factoring business.

Because we use our
own funds
The others are restricted
by their financial resources

LOWEST freight bill factoring RATES

Factoring trucking leader;
We have the most competitive
trucking factoring prices
in the industry

How ?
Due to the fact that we use
our personal money.
Our competition is limited
by their banks.


With over 100 YEARS combined experience in factoring for the trucking sector. Our expertise and experience makes it possible for us to have a functioning
understanding of the one-of-a-kind needs
you face each day.

You might factor all of your accounts or you might prefer to factor only a few. In other words, you can individualize your personal account!

24/7 Online account administration tools
Our over the internet solutions permit you to view your records and collection activities updated everyday.

Startup firms
are accepted.

Startups Are Our Specialty!
Did you just receive your authority? Heading out on your very own? If your trucking company is just getting started, you've come to the right company.

We can easily help you identify premium clients, strengthen your credit rating with good cashflow, and also have our account supervisors skillfully represent your company.

 Sitemap Locations






























































































































Factoring Companies

FredCoutts.COM trucking factoring companies

Trucking Factoring Companies In New York

What is  freight bill factoring ?

Receivable funding, even known as freight bill factoring is a technique used by companies to transform sales on credit phrases for prompt capital. Financing accounts receivable has come to be the popular financial device in obtaining versatile operating funds for businesses of all dimensions. The receivable credit line is determined by the monetary durability of the consumer (Buyer), not the client (The dealer of the receivables).


Fast as well as Easy Setup , Collection up your
account in 3 to 5   working days

We concentrate on examining as well as funding accounts receivable and can make a prompt choice within a day. This financial answer includes incredibly little underwriting. The approval process is straightforward and we can easily expedite initial backing in 3 to 5 functioning days. Our customers may appreciate the perks of our prompt solution and also start to utilize their funds within days of finishing an application


Advance / Reserve.

This kind of freight bill factoring is without a doubt the most widely practiced. Upon taking title to invoices, the factoring for transportation companies right away pays to the customer a amount of their complete face value. This payment (called the cash advancement ) usually drops between 70% and 85%, yet might go as low as 50% or less (for instance, in the situation of construction or third - party medical invoices), or as high as 90%. After effective collection of repayment from the account debtors, the accounts receivable financing company consequently remits the balance of the invoice amount (s) (normally called the reserve ) to the client, minus the factoring company gotten costs.
Click for more Factoring Companies information

There service gives the accounts receivable financing company with available funds from which to draw its costs, as well as furnishes a buffer from defaults by customers and / or account debtors.

Some factoring companies do not keep back a reserve balance, however rather cash advance the whole invoice face, much less maximum freight bill factoringfees, at the time of purchase. This technique is not extensive, however, considering that many factoring companies of this kind like to keep the protection that reserves offer.

New York Trucking Factoring Companies

Cash Advancement / reserve factors normally structure their charges as an initial discount cost (generally ranging between 1. 5% as well as 5% of invoice stated value), complied with by succeeding rises arranged over the length of the actual collection period.  

The collection time span begins on the day that the variable cash advance funds to the customer (which is not consistently the very same as the invoice day), and also is usually divided into home windows or time bands of identical duration. Windows most normally take place in 15 - day increments, although 7 -, 10 - or 30 - day increments are not unheard of. The preliminary rebate normally raises by a couple of percentage points at each brand-new window.
A normal cash advance / reserve transaction, as a result, might be structured as complies with.

More Info.

Factoring For Transportation Companies in New York helping in their first years of business, as well as companies that are having tremendous growth and need more cash. New York freight bill factoring


FredCoutts.COM is a Factoring For Transportation Companies that Provides a wide range financial services

Truckers Again And Again
Choose Us for Their Factoring For Transportation Companies Needs

We have actually been offering freight bill factoring solutions
across the country for many years and also have clients in hundreds of business.

We understand that to be successful
in Trucking, you need cash.
Cash for pay-roll, overhead expenditures,
taxes or just relieve the monetary burdens
experienced during rapid development periods

You can turn to
us for fast and also friendly solutions.
We have the capability to purchase your receivables and also get the cash to you within the same day

As our client you are appointed one account represntative who will personally take care of all of your account activity and questions.

This provides us the capacity to buy your receivables as well as get the money to you within 12 to 24 hours.

Having one account administrator be responsible for
your account also makes it very easy for you to determine which invoices you are going to sell and also when you desire to offer those invoices.

More Reasons Why
Trucking Businesses
Decide on Our Factoring For Transportation Companies Services

circle03_skyblue.gif Exact same Day Financing

circle03_skyblue.gif Advance Rates that
  Exceed Industry Norms
  by 20%
We offer cash advances rates up to 97%
The typical max in the business is 80%.
We can easily provide you much higher advancements because
of our unique financing abilities

circle03_skyblue.gif Flexible Contracts -

We offer you with arrangements
that fulfill your funding requirements, not ours.

Our competition will make you sign long - term deals and we don't
charge you charges when you are inactive.

circle03_skyblue.gif Invoice Processing
Not only can we offer you the most
state-of-the-art technolgy but we also preserve
the old - fashioned systems due to the fact that
every client has different requirements.

Unlike the Others, our goal here
is not to oblige you to conform to us,
but to give you the money you require
in the quickest and also most
effective manner

Please call us today

and our skilled truck factoring
professionals will certainly help you
with obtaining the funding you require


E-mail Us

or fill out the

On - Line Factoring Demand Form



factoring company

FredCoutts.COM Provides freight bill factoring to all states:

Trucking Factoring Companies In New York

Call our
freight bill factoring Professionals at
1-888-239-9162 or
E-mail Us
or complete the
Trucking Factoring Request Form


Unlike other Factoring For Transportation Companies, FredCoutts.COM makes receivable financing easy to obtain with minimal paperwork.

We are not like the others
, FredCoutts.COM's objective here
is not to force
you to conform to us,
but to get you the cash you need
in the quickest and most efficient manner.

A Variety of Freight And Trucking companies
 that use freight bill factoring  companies
 in New York

LTL | Brokerage | Warehousing | Livestock | Household Goods | Heavy Haul | Van | Tanker | Refrigerated | Parcel | | Marine | Flatbed

A deal company joins into a reciprocal agreement with the shipper or consignee for transportation services.

The deal defines the solutions to be offered, the commodities carried, the forecasted tonnage and also the prices charged.
Contracts are to contain a particular termination date, not going beyond one year.
The arrangement may be restored by amendment. The arrangement service provider may provide freight costs which are reduced than a usual service provider s published toll because the fee will certainly be based on the forecasted tonnage of freight for the year.
Owner - agents - An manager - agent possesses as well as operates his or her very own vehicle (that is, tractor - trailer or bobtail). The owner - agent should have operating licenses from the ICC as well as PUC. A prime company could select them as subhaulers. Income earned is a portion of the freight costs readied by the prime company.
More Info.

Subhaulers - A subhauler is an manager - agent of a single tractor or could have a fleet of tractors which are leased to prime companies. A subhauler with a fleet of automobiles may be responsible for employment taxes on the motorists of thosevehicles. Income earned is a portion of the freight statement prepared by the prime provider.

Porthaulers - An owner - operator whose main path is to pick up freight from the port and also to ship the complete, sealed compartment to the terminal of the prime provider or rest - bulk broker. Porthaulers are usually paid a level price for each compartment transported.

More Reasons Why
Companies Choose FredCoutts.COM trucking factoring companies Services

Freight Broker | Freight Forwarder | Shipper's Representative | The shipper's representative is a bonafide broker of the shipper who carries out the shipper's transport feature. The shipper's representative arranges for and also courses the transport of products from one point to one more. Additional duties could feature the negotiation of cases as well as repayment of the provider s freight invoices. Ultimate paymentof freight bills, however, is the obligation of the shipper.

Freight forwarders often specialize in the kind of freight moved and the kind of transport companies utilized. This gives them with competence in taking care of the documentation entailed with specific kinds of deals.

Various other trucking factoring companies need you to sign a very conditional deal that ranges from 6 months to 1 year or longer.
And they require you to factor with them during that entire time.

FredCoutts.COM Provides freight bill factoring to all industries:

New York Trucking Factoring Companies

freight bill factoring vs. Financial institution Loans

So, why not just go over to the pleasant banker for a loan to minimize cash flow complications ? A loan can easily be difficult if not impossible to receive, specifically for a young, higher - growth surgery, given that bankers are not expected to lower financing constraints quickly. The connections between companies as well as their bankers are not as strong or as trustworthy as they used to be.  Continue Reading about factoring companies

The effect of a loan is a lot different than that of the freight bill factoring procedure on a business. A loan locations a financial debt on your company balance sheet, which costs you interest. By comparison, factoring places money in the financial institution without the production of any kind of commitment. Frequently, the freight bill factoring discount will definitely be less than the present loan interest rate.

Loans are greatly dependent on the customer economic stability, whereas freight bill factoring is much more curious about the strength of the client customers as well as not the customer company itself. This is a TRUE plus for new businesses without established performance history.


There are many scenarios where freight bill factoring can assist a business fulfill its capital requires. It supplies a proceeding source of working capital without incurring personal debt, which may lead to growth opportunities that dramatically raise the bottom line. Practically any business may take advantage of freight bill factoring as part of its overall operating philosophy.
More Info.


Every excellent business owner should recognize the principle and also conveniences of freight bill factoring in order to operate as beneficially as possible. The following chart can easily aid you understand the differences between freight bill factoring and also some other sources of funding

companies  that use freight bill factoring  companies


freight bill factoring is typically used by trucking companies.

    • Trucking -Grain
    • Trucking-Freight Train Load
    • Trucking-Passenger-Tour Bus
    • Trucking -Owner Operations
    • Trucking-Dump
    • Trucking -Contract Hauling
    • Trucking -Containerized Freight
    • Trucking �Oil Field
    • Trucking �Management
    • Trucking �Consultants
    • Trucking �Local With Storage
    • Trucking -Dispatch Service
    • Trucking -Livestock
    • Trucking-Intermodal Drayage
    • Trucking-Air Freight
    • Trucking -Trucking Brokers
    • Trucking -Sand & Gravel
    • Trucking -Refrigerated
    • Trucking -Over Dimensional Load
    • Trucking -Motor Freight
    • Trucking -Local Cartage
    • Trucking -Liquid & Dry Bulk
    • Trucking -Heavy Hauling
    •  Trucking -Commodity

More Info.

Oilfield Services That Use freight bill factoring  companies in New York:

  • Roustabouts
  • Environmental Clean Up
  • Wireline Services
  • And More
  • Slickline Services
  • Testing Services
  • Plugging Contractors
  • Acidizing & Cementing
  • Welding Services
  • Pit Clean Up
  • Tank & Pipe Cleaning
  • Flowback Testing
  • Fishing Services
  • Drillers
  • Well Servicing

    Oilfield Trucking Services freight bill factoring  companies in New York:

  • Water Haulers
  • Mud Haulers
  • Rig Movers
  • And More
  • Dump Trucks
  • Pipe Haulers
  • Crude Haulers
  • Flatbed Carriers
  • Equipment Haulers
  • Winch Trucks
  • Vacuum Trucks
  • Frac Sand Haulers
  • Haz Mat Hauling
  • Hot Shots
  • Gravel Haulers

  • FredCoutts.COM
    Location Sitemap


    We are currently providing Factoring For Transportation Companies services nationwide including the following states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho State, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.

    Fuel / Debit Card Plan Details

    • The fuel card is accepted as cash at all areas.
    • 40,000 available places, including Flying J, Petro, Pilot,
      Travel Centers, Wilco, and Loves.
    • Special Negotiated fuel refunds Petro
      and Pilot ($.01 per gallon).
    • The capacities of the plan are endless.
      The card (s) can
      be used for fuel purchases, money, oil / additives,
      tire purchases and also repairs,
      small truck replacements, truck washes, oil changes, etc.
      The plan is individualized to suit your special needs.
    • Low transaction charge that continues to be the
      same no matter the item
      being purchased, the dollar quantity
      of the transaction or the place of acquisition.
    • Comprehensive day-to-day or once a week reports for costs and also driver
      tracking & internet accessibility upon request.
    • Your account is appointed a Personal Recognition Number (PIN),
      which permits 24 - hour accessibility to your account.
    • Top-quality customized client service directly
      from the seasoned staff of CTS