Hot Shot Trucking Factoring FOR Honolulu COMPANIES

Imagine if you could receive immediate payment for the freight bills you issue to your customers, which typically take 30-60 days or even longer to pay. Well, with our trucking factoring company, you can! We offer you up to 100% of the payment right when you need it, without holding any reserve. Our team takes charge of collecting the money from your customers, giving you the freedom to focus on other important aspects of managing your trucking business. Once your customer settles the bill, we refund the remaining 3-15% reserve balance to you, after deducting the factoring fee. This is not a loan, and there's no debt involved. You can immediately put that cash to use in order to expand and develop your trucking business.

With a history dating back to 1979, our company has stood the test of time. Unlike publicly traded companies, we are privately owned and possess a stable financial position. We have endured economic downturns that have forced many other businesses to close their doors. We understand the difficulties that arise during tough times. Our goal is to assist you in making sound financial decisions, irrespective of the circumstances. You can trust us to be there when you need us, ensuring the smooth functioning and enduring strength of your trucking business.

With a history dating back to 1979, our company has stood the test of time. Unlike publicly traded companies, we are privately owned and possess a stable financial position. We have endured economic downturns that have forced many other businesses to close their doors. We understand the difficulties that arise during tough times. Our goal is to assist you in making sound financial decisions, irrespective of the circumstances. You can trust us to be there when you need us, ensuring the smooth functioning and enduring strength of your trucking business.

Experience our superior offerings and service. Call us today.

You can be sure you're making a wise choice with our factoring company. We've been funding companies from various industries since 1979. If your needs go beyond our service range, our extensive resource network can help you find the best match for your business. You'll appreciate our ability to adjust to your specific needs. Our company is superior to others due to our vast resources and custom-fit solutions.

We partner with trucking companies, irrespective of their scale or years in business. Small businesses act as the important component that holds our economy together.

If you carry goods for reliable companies and don't want to wait for payment, factoring can be a practical consideration. If your customers have a solid track record of paying on time, factoring is worth exploring.

Definitely! If you and the IRS have agreed on a payment plan, there's a good chance we can provide you with some help.

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

Indeed, if the UCC is using your invoices as collateral, we'll need the lender to agree to step aside or terminate it to enable factoring. Factoring requires having the first-place standing with the UCC for your invoices. We can help you through that process.

No worries! Unlike most companies, we believe in providing clear and honest information about our fees and rates. Our factoring rates are highly competitive in the industry and depend on factors like the number of trucks you own, the volume you want to factor, the type of loads, and any risks associated with your customers. We offer funding through ACH, wire transfer, and electronic invoice submission. Each of these options involves a small fee, which we'll clearly outline when we present our factoring proposal. We don't charge any setup fees like other companies do. Moreover, there are no monthly minimum fees or any other additional charges either.

No worries about minimums! As a matter of fact, you can personally select which invoices you want us to assist you with. Furthermore, we offer agreements that start from as short as 90 days. Our factoring program is like having a credit card in your wallet, available for use whenever you need it. Contact us immediately and let's get started today!

No problem at all, you have the authority to pick the accounts you want to factor. You can decide which invoices you want to submit for funding as often as you need.

Fill out an uncomplicated online form and provide the necessary paperwork: proof of insurance; a scanned copy of your driver's license; official documentation like Articles of Incorporation or Fictitious Business Name Statement (DBA filing); a copy of your W-form; and possibly a few more documents depending on the scope of your business. Generally, you'll receive a proposal within 2hours, and the overall process, from initiation to receiving the funds, typically takes around to days.

Set up your business as a legitimate entity (Corporation, LLC, sole proprietor) with the necessary credentials (DOT or MC) and insurance. Also, make sure your customers have a strong financial background.

You provide us with the necessary paperwork, including your invoice, bill of lading, load confirmation, and any relevant backup.

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

Definitely! We're a private company run by entrepreneurs who've been in your position. We understand your difficulties and are dedicated to helping you every step of the way. We listen to your circumstances and create a personalized plan for your business. Contact us today for a no-pressure chat!

We approach customer interactions with professionalism and courtesy, acknowledging the value of these relationships to your business. It's essential to clarify that we are not a collection agency. Instead, we take on the responsibility of being your dedicated Credit and Collections Department for factored invoices. This includes making calls on your behalf to check payment statuses, keeping track of check dates that we can provide you with, and conveying any necessary messages. Our aim is to simplify the process and allow you to allocate your time and resources more efficiently.

Sure thing! You'll have online access to aging reports, and we'll keep you in the loop regarding any collection issues to ensure there are no surprises popping up.

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

We are committed to using cutting-edge technology to speed up the funding process. This includes electronic invoice submission, online reports, online credit checks, and other innovative methods that make things easier and more cost-effective for you. Our efficiency means lower rates compared to most other companies. Get in touch with us today, and we'll show you all the advantages we offer that other companies can't or won't provide.

Factoring is an effective tool for transportation companies of all sizes to enhance their cash flow and optimize their financial performance. Getting started is simple—just get in touch with us, and we'll explain everything in plain language.