Hot Shot Trucking Factoring FOR South Carolina COMPANIES

Imagine if you could receive immediate payment for the freight bills you send to your customers, rather than waiting for 30-60 days or more. Well, with our trucking factoring company, that's exactly what you can do! We provide you with the option to access up to 100% of the payment right when you need it, with no reserve held. We take care of collecting the payment from your customers, allowing you to focus on managing other critical aspects of your trucking business. Once your customer pays the bill, we refund the remaining 3-15% reserve balance to you, minus the factoring fee. Rest assured, this is not a loan, so there's no need to worry about accumulating any debt. You can put that cash to immediate use and drive the growth of your trucking business.

Since our inception in 1979, we have accumulated a wealth of experience in the industry. As a privately owned company, we are financially robust and have successfully weathered economic downturns that have proven fatal for numerous other businesses. We have firsthand knowledge of the challenges that arise during tough times. Our objective is to provide you with the necessary financial guidance, whether the times are prosperous or challenging. Count on us to be there, supporting your trucking business and ensuring its continuous smooth operation and strength.

Since our inception in 1979, we have accumulated a wealth of experience in the industry. As a privately owned company, we are financially robust and have successfully weathered economic downturns that have proven fatal for numerous other businesses. We have firsthand knowledge of the challenges that arise during tough times. Our objective is to provide you with the necessary financial guidance, whether the times are prosperous or challenging. Count on us to be there, supporting your trucking business and ensuring its continuous smooth operation and strength.

Experience our superior offerings and service. Call us today.

You can have peace of-mind knowing you're making a wise decision when selecting our factoring company. Since 1979, we've been supporting businesses across diverse sectors. If your needs exceed our services, our broad network of resources will help you find the ideal match. You'll love our flexibility and how we align your specific needs with the right funding source. Our company stands out from competitors with its customized services and extensive resources.

We collaborate with trucking companies, no matter their size or longevity. Small businesses are like the adhesive that keeps our economy secure.

If you carry loads for trustworthy companies and want to avoid waiting for your payment, factoring is a reasonable option. If your customers have a solid payment history, factoring is worth exploring.

Absolutely! If you and the IRS have a payment understanding, we can likely assist you.

Give us a shout and speak with one of our veteran factoring experts.

Absolutely, if the UCC holds your invoice payments as collateral, we'll need the lender to agree to put it below or end it to accommodate factoring. Factoring requires having the first position with the UCC for your invoice payments. We can assist you in managing that procedure.

Absolutely! Unlike most companies, we value transparency when it comes to our fees and rates. Our factoring rates are highly competitive in the industry and depend on factors such as the number of trucks you have, the volume you want to factor, the type of loads, and any risks tied to your customers. We provide funding options through ACH, wire transfer, and electronic invoice submission. Each of these choices carries a small fee, which we'll clearly explain in our factoring proposal. We don't charge any setup fees like the others. Plus, there are no monthly minimum fees or any other extra charges either.

No obligation for minimums! Actually, you have the flexibility to handpick the invoices you want us to help you with. Furthermore, we offer agreements as short as 90 days. Our factoring program is similar to carrying a credit card, allowing you to utilize it whenever needed. Reach out to us without delay and let's initiate the process today!

No need to worry, you have the flexibility to pick the accounts you want to factor. It's your call on which invoices you want to submit for funding whenever it's convenient for you.

Complete an easy online application and submit the required documents: proof of insurance; a scanned copy of your driver's license; legal paperwork such as Articles of Incorporation or Fictitious Business Name Statement (DBA filing); a copy of your W-form; and possibly a couple more documents depending on the scale of your business. Generally, you'll receive a proposal within 2hours, and from the start to the funding stage, the entire process typically takes around to days.

Set up your business as a legitimate entity (Corporation, LLC, sole proprietor) with the required authorization (DOT or MC) and insurance. Also, make sure your customers have a solid financial reputation.

You submit your invoice, bill of lading, load confirmation, and any other relevant supporting documentation to us.

Speak to one of our account representatives and we’ll give you all the information that fits your particular business.

You bet! As a private enterprise made up of entrepreneurs, we understand your challenges. We've navigated similar paths and are here to help you all the way. We make an effort to understand your situation and devise a personalized strategy for your business. Contact us today for a no-obligation discussion!

Our interactions with your customers are always handled with professionalism and courtesy, recognizing the significance of these relationships to the growth of your business. It's important to highlight that we are not a collection agency. Instead, we act as your dedicated Credit and Collections Department for factored invoices. This means we take the responsibility of making calls on your behalf to check payment statuses, keeping a record of check dates that we can share with you, and passing along any relevant messages. Our aim is to simplify the process and provide you with more time and resources to invest in other essential areas.

Absolutely! You'll have convenient online access to aging reports, and we'll ensure you're informed about any collection matters to avoid any unexpected surprises.

find out more about how you can benefit from factoring with Orange commercial credit. call us today.

Our team possesses extensive knowledge and resources in the realm of credit. We provide real-time credit checks on brokers' creditworthiness, enabling you to make informed decisions on which loads to take. This information helps you stay ahead of potential payment issues and prevents bad debt write-offs. It's crucial information that empowers you to run your business smoothly.

Transportation businesses, regardless of their scale, trust our factoring service to boost their cash flow and enhance their financial standing. Starting is a piece of cake—simply contact us, and we'll walk you through the process.