What you can expect from
Global Financial Factoring:

• The most reliable and accurate credit system of any factor
• The lowest rates
• A personalized factoring program just for you
• Dedicated account manager
• No long term contracts

In today's uncertain economy, nothing is more important than getting paid for the work you do. Global Financial Factoring provides reliable, safe and fast payment via freight factoring, giving you peace of mind and timely compensation for your work.

What is freight factoring?

Freight factoring is a means for truckers to be paid immediately for the work they have done whether or not the shipper they are working for pays on time. A freight bill factoring company like Global Financial Factoring purchases trucking industry invoices at a discount and then funds the carriers for the receivables purchased. Many trucking companies rely on freight factoring because even in good economic times they cannot afford for their invoices to go unpaid for 30 to 45 days or more.

Freight Factoring Can Increase Cash Flow

By selling your invoices to Global Financial Factoring, your cash flow worries are lessened significantly. We worry about collecting the funds. You have the cash you need to meet the immediate financial demands of your business, such as payroll and fuel.

Better than a Bank Loan

Freight bill factoring allows you to get cash without creating any debt. While you could secure a bank loan instead of factoring, there are significant and important differences between factoring and bank loans. Obtaining a bank loan to fund your receivables may prohibit you from getting more loans for trucks or other necessary equipment. Or credit problems might prevent you or your company from qualifying for bank loans entirely. With freight factoring, our decision to provide you with money is based on the credit worthiness of the freight customers you use not your credit. Also, with a bank loan your company is on its own; the bank will not help with billing, collections, posting checks, carrier settlements and credit checks on new accounts. At Global Financial Factoring we do all of these activities for you at no extra charge.