Do you have equity in your equipment? Trucking companies of various sizes and business stages choose equipment financing, a form of asset-based lending, to generate cash to:
In most cases, it is extremely difficult for trucking companies to utilize older equipment to secure financing. For our customers, this is simply not the case.
No matter the age of your equipment, Accutrac Capital will accept your company's used tractors and trailers as collateral to extend credit when conventional lenders won't.
Accutrac understands our trucking business. They go out of their way to help you with great information and advice.
What I like about Accutrac is their personal approach and how well they know the trucking business. They took a personal interest to get to know us and to understand what we were doing. They're very approachable and always available for my questions.
If any business is hesitating about factoring, I say that hesitation isn't warranted if you're dealing with Accutrac. They're not like other factoring companies. They're professional and understand our business. I can't say enough good things about them.
What impressed me most about Accutrac, in addition to being really good at what they do, is that they genuinely cared about helping us to be successful...
I can't say enough good things about how Accutrac Capital has solved our rapid growth cash flow issues. They've really allowed us to move to the next level of growth…and the results prove it! – Tal Hayek, Co-founder and CEO, AcuityAds
What I like about working with these super talented individuals is their services doesn't suffer even though they keep growing their own business. In fact, our relationship keeps getting better. I think of them as a real partner in our business.
Equipment Financing offers numerous advantages for trucking companies:
It's very simple; your trucking business grants security interest to Accutrac Capital in your company's equipment to secure a loan.
Accutrac reviews the equipment, assesses its financial worth and provides funds based on a percentage of the appraised value.
Fleet of 5 Power Units and 10 Dry Van Trailers
|2009 Volvos (VNL780, Cumm ISX, 10 Speed)|
|Qty 3 x $60,000.00 per||$180,000.00|
|2009 Freightliner (CL 12064 ST, Detroit, 13 Speed)|
|Qty 2 x $49,000.00 per||$98,000.00|
|2006 Utility Dry Van (53 ft., Tandem Axle)|
|Qty 10 x $12,900.00 per||$129,000.00|
|Assessed Market Value: $407,000.00|
|Accutrac Capital funds a percentage of the Assessed Market Value, which is transferred directly into your account for immediate access.|