SIMPLE SOLUTIONS TO A COMMON PROBLEM
Having available cash to fund that next load is critical. After the 2008/09 economic crisis, banks have further tightened their already stringent qualification rules for financing. It can be tough for companies in the trucking and transportation industry to find financing when needed. Thats especially true for start-up trucking companies or transportation companies going through a transitional stage.
The answer is simple; find a reputable financial institution who knows trucking, such as Accutrac Capital to provide Factoring, Fuel Cards and or Load Advance. Each of these financial programs offer the high gain, low cost solutions needed to meet your ongoing operational costs.
Factoring is a commonly used alternative financing solution in the trucking industry. Many carriers and trucking companies rely on factoring their freight bills to speed up cash flow. Instead of waiting 30, 60 or 90 days to be paid by a customer, they sell their freight bills and trucking invoices to a factoring company at a discount in exchange for immediate cash. Because qualifying for factoring is based on the creditworthiness of your customers (not your business or personal credit rating), you can easily access cash to keep your trucks rolling and your business thriving. Accutrac Capital offers custom programs, designed specifically to meet your exact needs.
Fuel Cards provide substantial savings with considerable discounts at major fuel centers across Canada and the U.S. Much like a personal ATM/debit card, your drivers can now use accessible funds to pay expenses while on the road. The fuel card allows company authorized personnel to add funds as required. By setting limits and monitoring expenses with online account management your company has the ability to control costs as your drivers use one card for fuel-ups, tune-ups and travel related expenses. Offering significant discounts, a Fuel Card program is the ideal solution to control costs for both small operators and large scale fleet managers.
Receive cash advances up to 50% upfront before you deliver your load. Once your driver picks up freight, fax Accutrac your load confirmation. Have your driver send us a scanned image of your bill of lading from any major truck stop. Submit documents by mid-morning and get cash the same day. No upfront costs. Cash advances and fees are deducted from final settlements.
Our industry specialists have over 40 years combined experience, including hands-on experience owning and operating a successful trucking company. You won't have to explain your trucking business, we know the challenges you face and the importance of having available cash to keep your trucks on the road.
Accutrac Capital is your solution to keep your fleet rolling and growing:
Tailored services to meet your exact needs
Superior customer service
Quick and simple application process
___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. Theyre very approachable and always available for my questions.
Kathryne Hartleib, Mainstream Logistics