Types of Freight Factoring
A correctly-designed factoring plan can provide explosive cash flow growth and reduce the amount of time you need to perform unproductive tasks like billing and collections.
Startup trucking businesses and growing fleets love the financial and operational flexibility that factoring provides. Cashway Funding specializes in offering the widest and best selection of freight factoring accounts for your trucking business.
Non-recourse freight bill factoring is an ideal option for owner-operators and startup companies.
Recourse freight factoring offers lower factoring fees in exchange for you sharing the payment risk.
Flat rate factoring plans are best if your customers have unpredictable payment terms.
Fees are determined on an invoice-by-invoice basis, based on the number of days to pay.
Custom freight factoring programs are available
As your business grows and changes, customize your freight bill factoring program to meet your evolving needs. We are experts at creating freight factoring solutions to match every business situation.