CASHWAY - Why choose us
Same-day business funding
Factoring with Cashway Funding provides immediate access to the working capital your trucking business needs to grow & thrive.
CASHWAY FUNDING - Why choose us
Same-day business funding
Factoring with Cashway Funding provides immediate access to the working capital your trucking business needs to grow & thrive.
We put money in your pocket
Freight factoring for trucking startups, owner-operators and small fleets is our specialty. Use Cashway to strengthen your cash flow, eliminate risk, streamline your operations, and take your trucking business to the next level.
Top 14 reasons to choose Cashway Funding
If you own a for-hire trucking business, a Cashway freight factoring account is for you.
Cashway Funding factors freight bills for all types of licensed independent carriers who operate under their own USDOT authority: Dry van, refrigerated trailer, flatbed trucking, bulk carriers, intermodal and container haulers, heavy haul, specialty freight carriers, last mile delivery, straight trucks, box truck, auto-haulers, power-only, mixed fleets, owner-operators, LTL carriers, hot shot trucking, startups, hazmat, tanker trucks, owner-operators and all other types of trucking businesses are all welcome to join and factor invoices with us.
Your Cashway account works on a customer-by-customer basis, so can freely choose which customer accounts to factor. Simply decide which customer accounts that you want to factor, and invoice the others on your own.
If you wish to stop factoring invoices on loads you haul for a specific customer and begin billing that customer directly, no problem. Once there is no balance owed by the customer we will remove the account from your account at no additional charge to you.
When Cashway is your factoring company you can factor 1 invoice or 1,000 invoices per month. We have no minimum or maximum monthly volume requirements and we will not force you to do business with us.
Other factoring companies demand that you make a legal contractual commitment for the amount you factor each month. If your business does not meet the monthly volume commitment, there can be large penalties and fees.
Cashway does not do business that way! We are here to help and you can factor with Cashway as much or as little as you prefer.
It's always easy to reach a live person in our Atlanta factoring office by phone, email or text during business hours and you never have to pay for expert support or premium administrative services.
Quick-pay, credit management, invoicing, collections, fuel cards, invoice verification, claims prevention, check posting, risk analysis are always included. And that's just the beginning!
Cashway's transportation finance and business funding experts are knowledgeable, experienced and 100% dedicated to your success. We know how to deliver the results you expect and you can depend on us to get the job done right.
We will not force you to do business with us.
You can always make changes to your factoring plan or you can cancel your Cashway Agreement with us quickly and easily if you want to.
Cashway does not require customer lists or sample invoices to qualify your business for factoring. We make it easy to factor freight bills and get business funding.
Other factoring companies base the factoring rates and credit limits they offer you on the quality, size and concentration of your invoices or customer accounts.
As a result, they will initially demand a list of your top customers for a credit review. Later, they often require details on all your customers, payment histories, sample invoices, VIN numbers, carrier safety ratings, tax records and more.
Some factoring companies want you to sign and notarize confusing contracts that can be dozens of pages long. They often require extensive background documents that may include personal financial statements, tax returns and more.
At Cashway Funding, we do not care what your personal credit score is and we do not require a personal credit check to create a factoring account for your trucking business.
Instead of tons of paperwork and days of waiting to get a straight answer, Cashway makes everything simple, crystal-clear and fast. We activate new freight factoring accounts within minutes and we can start sending funds to your business the very same day you start factoring invoices!
Cashway factoring accounts are not loans or business credit products, so there is no debt created and nothing to pay back.
Using Cashway as your factoring company is simply a smarter way for you to collect your own money instantly so you can run your business the way you want to with no risk, no hassles and no problems.
Why is this important? Because debt or business credit products are not always the best financial solutions for growing small businesses. Bank loans or operating lines of credit can be difficult to get because they are often limited by your personal credit history or by collateral requirements such as your personal assets. Credit cards are another option but they can be very expensive and risky, especially if you give the cards to new drivers.
Some small businesses try merchant cash advances, ACH business loans, alternative lenders or other online advances. These "fintech" products can be extremely dangerous if your cash flow is slow or unpredictable, because when the time comes to pay back the debt, many lenders will try to take money straight out of your bank account whether you want them to or not. It's not like that with Cashway.
Factoring with Cashway gives you the financial flexibility and power you need to work with higher-paying companies who might otherwise take too long to pay freight invoices.
That means bigger operating margins, better cash flow and faster growth for you!
Your equity and business ownership percentages do not need to change when you use Cashway Funding as your factoring company.
Factoring with Cashway often eliminates the need to bring in new partners, business investors or ownership groups.
You stay in complete control of your trucking business 100% of the time.
Cashway clients get exclusive access to premium-quality fuel cards with big fuel discounts. Free Comdata cards and Cashway TCS fuel discounts cards are available with your Cashway factoring account.
Comdata Express Cash fuel cards and Comcheks are ideal ways to automate driver payments and reimbursements while still giving you the control to closely manage your business-related transactions. Use our free Comdata cards and Comchek Express Codes to send drivers instant funds from your factoring settlements.
The Cashway TCS fuel discount card is a full-featured fuel card that offers universal acceptance at truck stops nationwide, with a fuel discount network that adds up to huge savings right at the pump.
Enjoy instant access to custom reports and business intelligence, all in real-time.
Daily funding information, special account notices and more information for your factoring account is available 24 hours a day with your Cashway account login credentials.
The Cashway web portal is a professionally-monitored commercial-grade secure environment that helps you review your account details quickly & easily, whenever it is convenient for you.
When you log in to your Cashway web portal you can upload freight bills for funding, check payment status of your factoring schedules, search for credit information on freight brokers and shippers, perform free radius searches to locate new customers, access detailed custom factoring transaction reports and much more.
Freight bill factoring is our sole line of business. Cashway is 100% independent, focused, and entirely dedicated to being your factoring company and providing you with the fastest and best factoring services available in the United States today.
Our sole focus is to be your factoring company. Cashway is not a trucking business, freight broker, load board, dispatch service, insurance agency, bank, loan company, online lender, equipment dealer, ISO, fuel card company, or accounting service.
We do not force you to buy additional services and we will not sell your information to vendors.
ALL-INCLUSIVE
Full-service features are included
Every Cashway factoring account gives you unlimited access to premium features like same-day business funding, free back-end office support and industry-leading business intelligence, so you never have to worry about getting paid on time for the loads you haul.
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