Factoring: the Best Working Capital Option for Your Trucking Companies

Factoring: the Best Working Capital Option for Your Trucking Companies

Accutrac Capital 24-Feb-2015 0 Comments

More and more trucking companies are turning to Invoice Factoring when choosing the best funding option to access the working capital needed to support expanding operations. To grow, you need a lender who understands your business and has the financial tools to meet your needs. Following are the common funding options available to growing fleets:

  • Commercial Banks
  • Private Investors
  • Invoice Factoring

Does Your Lender Meet Your Trucking Companys Needs

When assessing the financial options to support your companys growth, consider the following:

  • Are there readily available providers to service your needs
  • Is qualifying for funding simple and easy
  • Does access to funds grow as your business grows
  • Does the funding option dilute your companys equity

Financial Advantages to Invoice Factoring

The many financial advantages of Invoice Factoring are further augmented with additional benefits not commonly provided by other lending options. When all considerations are weighed, invoice factoring is the preferred option for many freight carriers.

To learn more about Invoice Factoring contact Accutrac Capital today. Let us help you access the working capital needed to sustain growth!

Invoice Factoring: Access to Working Capital for Growing Trucking Companies

To learn more about Invoice Factoring contact Accutrac Capital today. Let us help you access the working capital needed to sustain growth!

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