Invoice Factoring Articles / Trucking and Freight Companies
Keep on trucking: partner with a quality accounts receivables factoring company to boost cash flow management in your transportation business.
What if:
- you needed to replace part of your trucking fleet, which can be costly, or
- you expand your business, buying several new trucks or
- other expenses are making meeting payroll difficult.
Instead of worrying, compare these two cash flow management scenarios:
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Bank Financing: |
Invoice Factoring: |
|
Prefers to loan to companies with significant tangible assets |
Does not base lending on tangible assets |
|
Often wants credit over $1 million |
Accepts much lower credit amounts |
| May insist on insurance policy w/ the bank named as beneficiary |
Never requires insurance policy |
| Generally aren’t risk tolerant | Comfortable with greater risks |
Apply for accounts receivables factoring funds from MP Star Financial today.
Steer your transportation business to the road of success with fast cash through accounts receivables factoring.
With accounts receivables factoring, you take on no new debt. Instead, you receive fast cash based on the amount of your outstanding receivables. With this cash flow management strategy, you can:
- meet payroll and other financial obligations,
- win new clients by granting favorable business funding terms,
- expand your geography and
- broaden your range of services.
Plus, a professional invoice factoring company can advise you on how to efficiently collect your outstanding receivables.
Choose a professional invoice factoring company that operates with integrity and with your best interests at heart.
|
MP Star Financial |
Other factoring firms |
|
|
Term Obligation |
No term obligation |
require you to factor longer than what is profitable |
|
Cancellation Fees |
No cancellation fees |
tack on expensive cancellation fees |
|
Minimum Amounts Borrowed |
No minimum amounts |
force you to factor more than you want |
|
New Client Fee |
No new client fees |
pass the cost of adding a new client on to you |
|
Transfer Fees |
No transfer fees |
charge you to put your factoring funds into the bank |
Accounts receivables factoring puts you back in the driver’s seat of your business. Don’t delay: contact MP Star Financial today.
Just imagine the business avenues that will open up when you partner with MP Star Financial! Clear away your road blocks to success and seal a deal with MP Star, your quality invoice factoring company, today.



