Transportation Factoring
Transportation factoring allows you to thrive.
What is Transportation Factoring?
Transportation Factoring is a way to manage cash flow for firms involved in trucking and logistics. Factoring involves the purchasing of invoices, the day they are created.
For an example, imagine you've just hauled to the other side of the country and delivered your load, you have a lot of gas to pay or you need to get back. Well, accounts receivable factoring company will pay on the invoice. We'll give sometimes up to 95%, even 97%, of that invoice today, and we will wait for 30, 60, even 90 days to get paid instead.
Why Meritus Capital?
Meritus has provided billions in funding to our clients over the past 19 years. Along with that experience comes great service, the lowest rates and an easy to use online application process.
Here are a few details of our payroll funding program and why we could be the right fit for you.
Transportation Factoring with Meritus Capital
Transportation Factoring Lines
Meritus Capital helps you operate your operation smoothly here's how!
Consistent Cashflow
There is nothing worse than watching a great business with a great idea, a product, or a service die because it lacks one thing. That one thing is cash flow, the lifeblood of a business.
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Comparing Trucking Factors
What questions should you ask when comparing truck factoring companies? Find out more on our blog post.
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What is Spot Factoring?
Watch a video blog discussing what Spot Factoring is for the trucking industry, and how it can help you.
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Grow Your Business
Looking to expand your business into new areas? We have helped institutions like yours bridge the gap, find out more on how we make it a reality for our clients.
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