What if there was a hassle-free way for start up trucking companies to get hold of their funds faster, just like truck factoring company? Invoice financing allows businesses to receive an advance on the money that is due from their customers by using a third party. One company that purchases invoices from clients for a nominal fee is Accutrac Capital. They enable trucking businesses to maintain sufficient working capital irrespective of how quickly their customers turn over payment. Furthermore, this invoice factoring company offers three different plans to accommodate their clients’ needs with some of the best factoring rates in the industry.
The first and most common plan offered at Accutraccapital.com is flat factoring, where clients receive a same day 97% cash advance for a small fee that comes to 1.59% of their invoice. The invoice gets taken off their hands and then the factoring entity tracks down their customers for the return. For large fleets and operations, the company also provides clients with a factoring line of credit from 0.022% per day. This is a flexible option for maximum value. Alternatively, if a client trusts their customer to pay their funds back within 10 days, but requires the cash immediately, flex factoring is simple, convenient, and available for a rate of only 0.49% for 10 days.
The company also helps trucking enterprises to cut their operating costs through their BULK Buy program. It enables all types of fleets, regardless of their size, to purchase goods and services at a discounted price. By combining the collective purchasing strength of their entire client base, the company has the power to negotiate with major vendors and retailers so they can offer smaller businesses significant savings. These include discounted fuel costs, discounts on currency exchange and more – giving many clients the ability to save thousands of dollars a month.
When a trucking enterprise has grown tired of depending on customers that do not promptly pay for services rendered, Accutrac is there to help. Apart from invoice factoring which can take a great financial burden off their clients, they also provide a hands-on, loyal service. They see to it that smaller trucking and freight businesses have access to the same opportunities and price cuts as their larger competitors. When there are so many financial issues standing in the way of a company’s growth, receiving a return on services immediately offers much needed consistency and a chance to plan for the future confidently.