Contact Us Form

or Call Us At 888-266-0197

Email Us

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

New Factoring Program Leaves Your Company Rolling in Profits -
Our Invoice Factoring Company
Can Give
Your Freight Company
The Money Your Company Needs

Transportation Factoring Trucking

and Transportation-Factoring-Trucking.freightfactoringcompany.org.

best trucking factoring

freight invoice factoring

trucking invoice factoring

trucking invoice factoring companies

Http://Best-Factoring-Companies.factoringbank.org

The Secrets of Making People Like You Get - Pick 

A Truck�Factoring Company  Instead Of A Regular Bank Funding

How to Enhance Money Flow Without Loaning -Cash Money flow is one of the main reasons companies fail.

 

"

Charlotte /'??rl?t/ is the largest city in the U.S. state of North Carolina, the seat of Mecklenburg County, the second largest city in the Southeastern United States, just behind Jacksonville, Florida, and the third fastest-growing major city in the United States. In 2013, the estimated population of Charlotte according to the U.S. Census Bureau was 792,862, making it the 16th largest city in the United States based on population. The Charlotte metropolitan area ranks 23rd largest in the US and had a 2013 population of 2,335,358. The Charlotte metropolitan area is part of a sixteen-county market region or combined statistical area with a 2013 U.S. Census population estimate of 2,493,040. Residents of Charlotte are referred to as ""Charlotteans"".The city is a major U.S. financial center, with both and 's East Coast operations headquartered in the city. Nicknamed the Queen City, Charlotte and its resident county received its name in honor of Charlotte of Mecklenburg-Strelitz, who had become queen consort of Great Britain the year before the city's founding. A second nickname derives from the American Revolutionary War, when British commander General Cornwallis occupied the city but was driven out by hostile residents, prompting him to write that Charlotte was ""a hornet's nest of rebellion"", leading to the nickname The Hornet's Nest.Charlotte has a humid subtropical climate. Charlotte is located several miles east of the Catawba River and southeast of Lake Norman, the largest man-made lake in North Carolina. Lake Wylie and Mountain Island Lake are two smaller man-made lakes located near the city.Charlotte has become a major U.S. financial center and is now the second largest banking center in the United States (after New York).[] The nation's second largest financial institution by assets, , calls the city home. The city was also the former corporate home of Wachovia until its 2008 acquisition by in San Francisco CA; integrated legacy Wachovia, with the two banks fully merged at the end of 2011, which included transitioning all of the Wachovia branches in the Carolinas to branches by October 2011. Since then, Charlotte became the regional headquarters for East Coast Operations of , which is headquartered in San Francisco, California. Charlotte also serves as the headquarters for 's capital markets activities including sales and trading, equity research, and investment banking. 's headquarters, along with other regional banking and financial services companies, are located primarily in the Uptown central business district.

 

Raleigh (/'r??li/; RAH-lee) is the capital of the state of North Carolina as well as the seat of Wake County in the United States. Raleigh is known as the ""City of Oaks"" for its many oak trees, which line the streets in the heart of the city. The city covers a land area of 142.8 square miles (370 km2). The U.S. Census Bureau estimates the city's population to be 431,746 as of July 1, 2013. It is also one of the fastest-growing cities in the country. The city of Raleigh is named after Sir Walter Raleigh, who established the lost Roanoke Colony in present-day Dare County.Raleigh is home to North Carolina State University and is part of the Research Triangle area, together with Durham (home of Duke University) and Chapel Hill (home of University of North Carolina at Chapel Hill). The ""Triangle"" nickname originated after the 1959 creation of the Research Triangle Park, located in Durham & Wake Counties partway between the three cities and their universities. The Research Triangle region encompasses the U.S. Census Bureau's Raleigh-Durham-Chapel Hill Combined Statistical Area (CSA), which had an estimated population of 2,037,430 in 2013. The Raleigh Metropolitan Statistical Area (MSA) had an estimated population of 1,214,516 in 2013.Most of Raleigh is located within Wake County, with a very small portion extending into Durham County. The towns of Cary, Morrisville, Garner, Clayton, Wake Forest, Apex, Holly Springs, Fuquay-Varina, Knightdale, Wendell, Zebulon, and Rolesville are some of Raleigh's primary nearby suburbs and satellite towns.Raleigh is an early example in the United States of a planned city, chosen as the site of the state capital in 1788 and incorporated in 1792 as such. The city was originally laid out in a grid pattern with the North Carolina State Capitol in Union Square at the center. In the United States Civil War the city was spared from any significant battle, only falling in the closing days of the war, though it did not escape the economic hardships that plagued the rest of the American South during the Reconstruction Era. The twentieth century saw the opening of the Research Triangle Park in 1959, and with the jobs it created the region and city saw a large iux of population, making it one of the fastest growing communities in the United States by the early 21st century.Raleigh is home to numerous cultural, educational, and historic sites. The Progress Energy Center for the Performing Arts in Downtown Raleigh features three theater venues and serves as the home for the North Carolina Symphony and the Carolina Ballet. Walnut Creek Amphitheatre is a large music amphitheater located in Southeast Raleigh. Museums in Raleigh include the North Carolina Museum of Art in West Raleigh, as well as the North Carolina Museum of History and North Carolina Museum of Natural Sciences located next to each other near the State Capitol in Downtown Raleigh. Several major universities and colleges call Raleigh home, including North Carolina State University, the largest public university in the state, and Shaw University, the first historically black university in the American South and site of the foundation of the Student Nonviolent Coordinating Committee, an important civil rights organization of the 1960s. One U.S. president, Andrew Johnson, was born in Raleigh.Raleigh's industrial base includes banking/financial services; electrical, medical, electronic and telecommunications equipment; clothing and apparel; food processing; paper products; and pharmaceuticals. Raleigh is part of North Carolina's Research Triangle, one of the country's largest and most successful research parks, and a major center in the United States for high-tech and biotech research, as well as advanced textile development. The city is a major retail shipping point for eastern North Carolina and a wholesale distributing point for the grocery industry.

 

Greensboro (i/'gri?nzb?ro?/) (formerly Greensborough) is a city in the U.S. state of North Carolina. It is the third-largest city by population in North Carolina and the largest city in Guil County and the surrounding Piedmont Triad metropolitan region. According to the 2012 U.S. Census Estimate, Greensboro's population is 277,080. It is located at the intersection of three major interstate highways (Interstate 85, Interstate 40 and Interstate 73) in the Piedmont region of central North Carolina.In 2003, the previous Greensboro � Winston-Salem � High Point metropolitan statistical area (MSA) was re-defined by the U.S. Office of Management and Budget, resulting in the formation of the Greensboro-High Point MSA and the Winston-Salem MSA. The 2010 population for the Greensboro-High Point MSA was 723,801. The Greensboro � Winston-Salem � High Point combined statistical area (CSA), popularly referred to as the Piedmont Triad, had a population of 1,599,477.In 1808, Greensborough (the spelling before 1895) was planned around a central courthouse square to succeed the nearby town of Guil Court House as the county seat. This act moved the county courts closer to the geographical center of the county, a location more easily reached by the majority of the county's citizens.The Greensboro economy and the surrounding Piedmont Triad area, traditionally has been centered around textiles, tobacco, and furniture. Greensboro's central proximity in the state has made it a popular place for families and businesses, as well as becoming more of a logistical hub with having regional operations based in the city.

 

Durham is a city in the U.S. state of North Carolina. It is the county seat of Durham County, though portions also extend into Wake County in the east and Orange County in the west.The U.S. Census Bureau estimates the city's population to be 245,475 as of July 1, 2013. Durham is the core of the four-county Durham-Chapel Hill Metropolitan Area. which has a population of 534,578 as of U.S. Census 2013 Population Estimates. The US Office of Management and Budget also includes Durham as a part of the Raleigh-Durham-Chapel Hill Combined Statistical Area, which has a population of 2,037,430 as of U.S. Census 2013 Population Estimates.It is the home of Duke University and North Carolina Central University, and is also one of the vertices of the Research Triangle area (home of the Research Triangle Park).Duke University and Duke University Health System are Durham's largest employers. Below is a list of Durham's largest employers.[29]

 

Winston-Salem is a city in and the county seat of Forsyth County, North Carolina, United States. With a 2013 estimated population of 236,441, it is the second largest municipality in the Piedmont Triad region and the fourth largest city in the state. Winston-Salem is home to the tallest office building in the region, 100 North Main Street, formerly the Building and now known locally as theFargo Center.Winston-Salem is called the ""Twin City"" for its dual heritage and ""City of the Arts and Innovation"" for its dedication to fine arts and theater and technological research. "" City"" is a reference to the city's historic involvement in the tobacco industry related to locally based Tobacco Company's cigarettes. Winston-Salem is also known for its traditional furniture company. Many locals refer to the city as ""Winston"" in informal speech. ""The "" is referenced from the hyphen between Winston and Salem and was popularized by the nickname of the local minor league baseball team, the Winston-Salem .In 2012, the city was listed among the 10 best places to retire in the U.S. by CBS MoneyWatch.It is the location of the corporate headquarters of Trust Company, is also headquartered in Winston-Salem. Corporation was based in Winston-Salem until it merged with Union Corporation in September 2001; the corporate headquarters of the combined company was located in Charlotte, until it was purchased by in December 2008. Co has its Customer Service Center located in Winston-Salem.

 

Fayetteville (/'fe??t?v?l/) is a city in Cumberland County, North Carolina, United States. It is the county seat of Cumberland County,[3] and is best known as the home of Fort Bragg, a major U.S. Army installation northwest of the city.Fayetteville has received the prestigious All-America City Award from the National Civic League three times. As of the 2010 census it had a population of 200,564, with an estimated population of 204,408 in 2013. It currently ranks as the sixth-largest municipality in North Carolina. Fayetteville is in the Sandhills in the western part of the Coastal Plain region, on the Cape Fear River.With an estimated population in 2013 of 377,193, the Fayetteville metropolitan area is the largest in southeastern North Carolina, and the fifth-largest in the state. Suburban areas of metro Fayetteville include Fort Bragg, Hope Mills, Spring Lake, Rae, Pope Field, Rockfish, Stedman, and Eastover. Fayetteville's current mayor is Nat Robertson, who is serving his first term.Fort Bragg is the backbone of the county's economy. Fort Bragg and Pope Field pump about $4.5 billion a year into the region's economy,[] making Fayetteville one of the best retail markets in the country. Fayetteville serves as the region's hub for shops, restaurants, services, lodging, health care and entertainment. Fayetteville boasts a low unemployment rate with a large labor pool of trained professionals.

 

Cary /'k??ri/ is the seventh largest municipality in North Carolina. Cary is in Wake and Chatham counties in the U.S. state of North Carolina. Located almost entirely in Wake County, it is the second largest municipality in that county and the third largest municipality in The Triangle after Raleigh and Durham. The town's population was 135,234 as of the 2010 census (an increase of 43.1% since 2000), making it the largest town and seventh largest municipality statewide.[3] The U.S. Census Bureau estimates the town's population to be 151,088 as of July 1, 2013. Cary is currently the second most populous incorporated town (behind only Gilbert, Arizona) in the United States. According to the US Census Bureau, Cary was the 5th fastest growing municipality in the United States between September 1, 2006, and September 1, 2007. Cary is often considered one of the safest cities in the US, due to its extremely low crime rate.Raleigh, Durham, and Chapel Hill make up the three primary cities of the Research Triangle metropolitan region even though today Cary is the 3rd largest municipality in the metropolitan area. The regional nickname of ""The Triangle"" originated after the 1959 creation of the Research Triangle Park, primarily located in Durham County, four miles from downtown Durham. RTP is bordered on three sides by the city of Durham and is roughly midway between the cities of Raleigh and Chapel Hill, and three major research universities of NC State University, Duke University, and UNC-Chapel Hill.Effective June 6, 2003, the U.S. Office of Management and Budget (OMB) redefined the Federal statistical areas and dismantled what had been for decades the Raleigh-Durham-Chapel Hill, MSA and split them into two separate metro areas. This resulted in the formation of the Raleigh-Cary, NC Metro Area and the Durham-Chapel Hill, NC Metro Area.The Research Triangle region encompasses OMB's Combined Statistical Area (CSA) of Raleigh-Durham-Chapel Hill in the central Piedmont region of North Carolina. As of 2012, the population of the Raleigh-Durham-Chapel Hill CSA was 1,998,808. The Raleigh-Cary Metropolitan Statistical Area (MSA) as of Census 2010 was 1,130,490.According to the Town's 2009 Comprehensive Annual Financial Report,[22] the top employers in the town are:

 

Wilmington is a port city in � and is the county seat of � New Hanover County in coastal southeastern North Carolina, United States. The population is 112,067; according to the 2010 Census it is the eighth most populous city in the state. Wilmington is the principal city of the Wilmington Metropolitan Statistical Area, a metropolitan area that includes New Hanover and Pender counties in southeastern North Carolina,[3] which has a population of 263,429 as of the 2012 Census Estimate.Wilmington was settled by European Americans along the Cape Fear River. Its historic downtown has a one-mile-long Riverwalk, originally developed as a tourist attraction, and in 2014 Wilmington's riverfront was named the ""Best American Riverfront"" by USA Today. It is minutes away from nearby beaches. The National Trust for Historic Preservation named Wilmington, North Carolina, as one of its 2008 Dozen Distinctive Destinations. City residents live between the river and the ocean, with four nearby beach communities: Fort Fisher, Wrightsville Beach, Carolina Beach, and Kure Beach, all within half-hour drives from downtown Wilmington.In 2003 the city was designated by the US Congress as a ""Coast Guard City"". It is home port for the USCGC Diligence, a United States Coast Guard medium endurance cutter. The World War II battleship USS North Carolina is held as a war memorial. Located across from the downtown port area, the ship is open to public tours. Other attractions include the Cape Fear Museum, the Wilmington Leagues soccer team, and the training camp site for the Charlotte Hornets. The University of North Carolina Wilmington (UNCW) provides a wide variety of programs for undergraduates, graduate students, and adult learners, in addition to cultural and sports events open to the community.Wilmington is the home of EUE Screen Gems Studios, the largest domestic television and movie production facility outside of California. ""Dream Stage 10,"" the facility's newest sound stage, is the third-largest in the US. It houses the largest special-effects water tank in North America. Since the studio's opening in 1984, Wilmington has become a major center of American film and television production. Numerous movies in a range of genres and several television series, including Iron Man 3 and NBC's Revolution, have been produced there.Wilmington's industrial base includes electrical, medical, electronic and telecommunications equipment; clothing and apparel; food processing; paper products; nuclear fuel; and pharmaceuticals. Wilmington is part of North Carolina's Research coast, adjacent to the Research Triangle Park in Raleigh, NC.

 

High Point is a city located in the Piedmont Triad region of the State of North Carolina. As of 2010 the city had a total population of 104,371, according to the United States Census Bureau. High Point is currently the ninth-largest municipality in North Carolina.High Point is known for its furniture, textiles, and bus manufacturing. The city is sometimes referred to as the ""Furniture Capital of the World"", a title long challenged by Grand Rapids, Michigan; its official slogan is ""North Carolina's International City"" due to the semi-annual High Point Market that attracts 100,000 exhibitors and buyers from around the world. The phone area code is 336.It is home to three universities: High Point University, a private Methodist-affiliated institution founded in 1924, and South University as well as Laurel University, a private interdenominational Christian university.Most of the city is located in Guil County, with portions spilling into neighboring Randolph, Davidson, and Forsyth counties. High Point is North Carolina's only city that extends into four counties.Once synonymous with furniture, hosiery, and Hatteras yachts, High Point has diversified its economy as a center for distribution and logistics, customer service, banking, manufacturing, photography and pharmaceuticals. The High Point Market remains a centerpiece to High Point's economy and the city's most recognized industry. Its bi-annual trade show is the largest furniture and furnishings industry event in the world. It is held in April and November of each year. Approximately 12,000,000 square feet (1,100,000 m2) of showroom space is used by 2300 exhibitors, in 188 separate buildings. Over 100 countries are represented through both vendors and visitors.[13]

 

Greenville is the county seat of Pitt County, principal city of the Greenville metropolitan area, and the 10th largest city in the state of North Carolina. Greenville is the health, entertainment, and educational hub of North Carolina's Tidewater and Coastal Plain. The city's official population as of the 2013 United States census estimate is 89,130 residents while the Greenville Metropolitan Area includes 174,263 people.[3] In January 2008 and January 2010, Greenville was named one of the nation's ""100 Best Communities for Young People"" by the America's Promise Alliance. In June 2012, Greenville was ranked in the top ten of the nation's ""Best Small Places For Business And Careers"" by Magazine. In 2010 Greenville was ranked twenty-fourth in mid-city business growth and development by Magazine.The city is also known as "" Pro Town USA"", as it is home for many top professional riders like Dave Mirra. Greenville is the home of East Carolina University, the second-largest university and fastest-growing campus in the University of North Carolina system, and Vidant Medical Center, the flagship hospital for Vidant Health and the teaching hospital for the Brody School of Medicine. The city has the fifth-highest percentage of residents in North Carolina � almost 30 percent � who have obtained bachelor�s degrees.Companies with headquarters in Greenville include . The city's industry historically was centered around the sale and processing of tobacco, but today the major industries are health care, education and manufacturing. The largest employer is dant (formerly Memorial Hospital) and the second largest is East Carolina University with specialized manufacturing and scientific industries augmenting the employment portfolio. Vidant Health is also home to the robotic heart surgery training center directed by Dr. Randolph Chitwood who holds several patents related to the daVinci surgical robot.

 

Asheville is a city in and the county seat of Buncombe County, North Carolina, United States. It is the largest city in Western North Carolina, and the 11th largest city in North Carolina. The city's population was 83,393 according to the 2010 United States census. It is the principal city in the four-county Asheville metropolitan area, with a population of 424,858 in 2010. Asheville is home to the United States National Climatic Data Center (NCDC), the world's largest active archive of weather data.According to the city's 2009 Comprehensive Annual Financial Report,[52] the largest employers in the city are:

 

Concord (kon-kord) is a city in the U.S. state of North Carolina. As of the 2010 census, the city had a population of 79,066,[3] with an estimated population in 2013 of 83,506. It is the largest city in Cabarrus County and is the county seat. In terms of population, the city of Concord is the second largest city in the Charlotte Metropolitan Area and is the twelfth largest city in North Carolina.The city was a winner of the All-America City Award in 2004. Located near the center of Cabarrus County, it is 20 miles (32 km) northeast of Charlotte center city.Concord is the home of Charlotte Speedway and numerous driver headquarters.Concord has a diverse economy comprising shipping and transportation, banking, manufacturing, sports, and various service sectors.

 

Gastonia is the largest city and county seat of Gaston County, North Carolina, United States. It is also the second largest satellite city of the Charlotte area, behind Concord. The population was 71,741 at the 2010 Census. Gastonia is the 13th largest city in North Carolina.[3] It is part of the Charlotte metropolitan area, officially designated the Charlotte Metropolitan Statistical Area (MSA). Gastonia has experienced steady growth, with a population increase between 2000 and 2010 of nearly 8.2%, according to the U.S. Census Bureau.Many shutdowns and job losses have plagued Gastonia over the past decade. Gastonia maintains a relatively strong manufacturing workforce, but many workers are laid off and many more are facing job losses. The city had an unemployment rate of 7.9% as of 2010; 12,536 of the 71,341 residents lived and worked in the city, with a daytime population change of +10,610. The city is the international corporate headquarters for textile company Mills, the number one manufacturer of spun yarn in the world. The company also operated two production facilities in Gastonia and several in surrounding communities. Parkdale, like many other companies, has closed plants and moved production to other countries.

 

Jacksonville, (/'d?�ks?n?v?l/) is a city in Onslow County, North Carolina, United States. As of the 2010 United States census, the population stood at 70,145, which makes Jacksonville the 14th largest city in North Carolina.[3] Jacksonville is the principal city of and is included in the Jacksonville, North Carolina metropolitan area. In 2014, magazine ranked Jacksonville as the fifth fastest-growing small city in the United States. Demographically, Jacksonville is the youngest city in the United States with an average age of 22.8 years old, which can be attributed to the large military presence. The low age may also be in part due to the population drastically going up over the past 80 years, from a mere 783 in the 1930 census to 70,145 in the 2010 census.It is the county seat of Onslow County, and the home of the United States Marine Corps' Marine Corps Base Camp Lejeune and Marine Corps Air Station New River. Jacksonville is located adjacent to North Carolina's Southern Outer Banks (SOBX) area.According to the City's 2012 Comprehensive Annual Financial Report, the top employers in the city are:

 

Chapel Hill is a town in Orange County, North Carolina (with some eastern portions in Durham County), and the home of the University of North Carolina at Chapel Hill and UNC Health Care. The population was 57,233 at the 2010 census; Chapel Hill is the 16th-largest municipality in North Carolina.Chapel Hill, Durham, and Raleigh make up the three corners of the Research Triangle, so named in 1959 with the creation of Research Triangle Park, a research park between Durham and Raleigh. Chapel Hill is one of the central cities of the Durham-Chapel Hill MSA, which in turn is part of the Raleigh-Durham-Chapel Hill Combined Statistical Area, with a population of 1,998,808.

 

Rocky Mount is a city in Edgecombe and Nash counties in the coastal plain of the state of North Carolina. Although it was not formally incorporated until February 28, 1907, the North Carolina community that became the city of Rocky Mount dates from the beginning of the 19th century. The first post office in the area opened in 1816. The city's population is currently at 57,477.Rocky Mount is the principal city of the Rocky Mount, North Carolina area, which encompasses all of both Edgecombe and Nash counties. Rocky Mount is also a part of a Combined Statistical Area which encompasses both Rocky Mount and Wilson metropolitan areas. The Rocky Mount�Wilson CSA population is currently over 200,000 residents. Rocky Mount is about 45 minutes away from the state capital, Raleigh. It is also apart of the Raleigh-Durham-Cary CSA with a grand population of 2,132,523.Rocky Mount has a growing arts community. The city operates the Maria V. Howard Arts Center, a Children's Museum & Science Center, and a Community Theater at the Imperial Centre for Arts & Sciences.[3]Recently, the City also renovated the Douglas Block, located in Downtown Rocky Mount. Six historically significant buildings, all of which comprised the African American business district of the Downtown area in the early to mid-1900�s, was a part of this renovation. The Douglas Block also includes Thelonious Monk Plaza, named after Rocky Mount native and jazz musician Thelonious Monk. Rocky Mount municipal building, located in downtown Rocky Mount.

 

Burlington is a city in Alamance county in the U.S. state of North Carolina. It is the prin"

"

iture industry. Likewise experience with textile manufacturing and easy access to power drove new industries in both fiber-optic cable and pressure-sensitive tape.

 

Goldsboro is a city in Wayne County, North Carolina, United States. The population was 36,437 at the 2010 Census. It is the principal city of and is included in the Goldsboro, North Carolina Metropolitan Statistical Area. The nearby town of Waynesboro was founded in 1787 and Goldsboro was incorporated in 1847. It is the county seat of Wayne County. The city is situated in North Carolina's Coastal Plain and is bordered on the south by the Neuse River and the west by the Little River, about 43 miles southwest of Greenville and 55 miles southeast of Raleigh, the state capital and 87 miles northwest of Wilmington in Southeastern North Carolina. Goldsboro is best known as home to Seymour Johnson Air Force Base.

 

Indian Trail is a suburban town in Union County, North Carolina, United States. Founded on March 12, 1861, the town holds a history of traders traveling along the ""Indian Trail,"" which ran from Petersburg, Virginia, to the Waxhaw Indians, and gold mining. Indian Trail was first a farming community; however, German and Scot-Irish settlers began to move into the area due to its geographical location. In 1874, the Seaboard Coast Line Railroad was built between the cities Charlotte, North Carolina and Monroe, North Carolina. The railroad, which runs through the town, brought prosperity to the area. Indian Trail was incorporated as a town in 1907, with established city limits based upon a one-half mile radius from the intersection of Indian Trail Road and the Seaboard Railroad. Indian Trail has grown rapidly in the 21st Century: a 2011 CNN article stated that Indian Trail's census count jumped from 1,942 in 1990 to 33,518 in 2010. Every Fourth of July the town holds an annual parade which is one of the biggest parades in the Charlotte metropolitan area.

 

Mooresville is a town in southern Iredell County, North Carolina, USA. It is in the Metrolina metro area, and is on Lake Norman. The population was 32,711 at the 2010 United States Census. It is located approximately 25 miles north of Charlotte.Mooresville is best known as the home of many racing teams and drivers, along with an IndyCar team and its drivers, as well as racing technology suppliers, which has earned the city the nickname ""Race City USA."" Also located in Mooresville is the corporate headquarters of Lowe's Companies and Technical Institute's Technical Institute.Mooresville is also a part owner of the cable television entity Communication System along with Davidson and Cornelius.

 

Wake Forest is a town in Wake County (with a small part in Franklin County) located in the U.S. state of North Carolina, and is located just north of the state capital, Raleigh. The population was 30,117 at the 2010 census, up from 12,588 at the 2000 census. The U.S. Census Bureau estimates the city's population to be 34,752 as of July 1, 2013. In 2007, the town was listed by magazine as the 20th fastest growing suburb in America, with a 73.2 percent increase in population between 2000 and 2006. Wake Forest was the original home of Wake Forest University for 122 years before it moved to Winston-Salem in 1956.The US Office of Management and Budget also includes Wake Forest as a part of the Raleigh-Durham-Chapel Hill Combined Statistical Area, which has a population of 1,998,808 as of U.S. Census 2012 Population Estimates. Effective June 6, 2003 the Office of Management and Budget redefined the Federal Statistical Areas and dismantled what had been for decades the Raleigh-Durham-Chapel Hill, MSA and split them into two separate MSAs even though the region still functions as a single metropolitan area.

 

Monroe is a fast-growing city and the county seat in Union County, North Carolina, United States. The population jumped from 26,228 in 2000 to 36,397 in 2010. It is the seat of government of Union County and is also part of the Charlotte-Gastonia-Rock Hill, NC-SC Metropolitan area. Monroe uses a council-manager form of government.

 

Salisbury /'s??lzb?ri/ SAULZ-ber-ee is a city in and the county seat of Rowan County, North Carolina. The population was 33,663 in the 2010 Census (growing 27.8% from the previous Census in 2000). Salisbury is the home to famed North Carolina soft drink, Cheerwine, regional supermarket Food Lion, and the National Sportscasters and Sportswriters Association. It is one of only two cities in North Carolina to have gigabit capacity through its municipally-owned broadband system Fibrant.Salisbury has developed a strong record of historic preservation over the last few decades. It is the site of a noted prisoner of war camp during the American Civil War and has ten National Register historic districts. The city has many historic homes and commercial buildings dating from the 19th century and early 20th century, several of which are individually listed on the National Register of Historic Places.Major employers in Salisbury include the headquarters of Food Lion, a regional grocery chain that is one of the US subsidiaries of Delhaize, Delhaize USA, Bottom Dollar Food (Delhaize subsidiary), Bloom (Delhaize subsidiary), the W.G. (Bill) Hefner VA Medical Center, the City of Salisbury and the County of Rowan. Rowan Regional Medical Center and the Rowan Salisbury School System, are also major employers. Smaller employers include textile mills and other manufacturing businesses.[]

 

New Bern /'nu?b?rn/ is a city in Craven County, North Carolina, United States. As of the 2010 census it had a population of 29,524, which had risen to an estimated 30,242 as of 2013. It is the county seat of Craven County and the principal city of the New Bern micropolitan area.It is located at the couence of the Trent and the Neuse rivers, near the North Carolina coast. It lies 112 miles (180 km) east of Raleigh, 87 miles (140 km) northeast of Wilmington, and 162 miles (261 km) south of Norfolk. New Bern is the birthplace of Pepsi Cola.New Bern was settled in 1710 by Swiss and Palatine German immigrants. The new colonists named the settlement after Bern, the capital of Switzerland and hometown of their leader Christoph von Graffenried. The English connection with Switzerland had been established by some Marian exiles who sought refuge in Protestant parts of Switzerland. There were also marriages between the Royal House of Stuart and notable people in the history of Calvinism. The colonists later discovered they had started their settlement on the site of a former Tuscarora village named Chattoka. This caused coicts with the Tuscarora who were in the area.New Bern is the second-oldest European-American colonial town in North Carolina (after Bath).[] It served as the capital of the North Carolina colonial government, then briefly as the state capital. After the American Revolution, New Bern became wealthy and quickly developed a rich cultural life. At one time New Bern was called ""the Athens of the South,"" renowned for its Masonic Temple and Athens Theater. These are both still very active today.New Bern has four historic districts listed on the National Register of Historic Places; their numerous contributing buildings include residences, stores and churches dating back to the early eighteenth century. Within easy walking distance of the waterfront are more than 164 homes and buildings listed on the National Register. Also nearby are several bed and breakfasts, hotels, restaurants, banks, antiques stores and specialty shops. The historic districts contain many of the city's 2,000 crape myrtles�its official flower�and developed gardens. New Bern has two ""Local Historic Districts"", a municipal zoning overlay that afs legal protection to the exteriors of New Bern's irreplaceable historic structures. These areas provide much of New Bern's unique charm, appeal to retirees and heritage tourism, and contribute to the city's economic success. The Local Historic Districts, while vitally important to New Bern, comprise only 2.43% of New Bern's 27-square-mile area. There is considerable area available for new development.

 

San is a city in Lee County, North Carolina, United States. The population was 28,518 at the 2010 census. It is the county seat of Lee County.

 

Matthews is a large suburban town of Charlotte located in southeastern Mecklenburg County, North Carolina. The population was 27,198 according to the 2010 Census.One Fortune 500 company, Family Dollar Stores, has its headquarters in Matthews.

 

Holly Springs is a town in Wake County, North Carolina, United States. As of the 2010 census, the town population was 24,661, over 2� times its population in 2000.

 

Thomasville is a city in Davidson County, North Carolina. The population was 26,757 at the 2010 census. The city is notable for its furniture industry as are its neighbors of High Point and Lexington. This Piedmont Triad community was established in 1852 and hosts the state's oldest festival, ""Everybody's Day"". Built around the local railway system, Thomasville is home to the oldest railroad depot in the state, just a few hundred feet from the city's most notable landmark, ""The Big Chair"".Thomasville has been historically associated with furniture and cabinetry manufacture, as well as for a wholesale and retail furniture market. The company operates a plant in Lenoir, North Carolina.

 

Cornelius is a lakeside town located along Lake Norman in northern Mecklenburg County, North Carolina, United States. The population was 24,866 at the 2010 census.

 

Garner is a town in Wake County, North Carolina, United States and a suburb of Raleigh. The population was 25,745 at the 2010 census. The U.S. Census Bureau estimates the town's population to be 26,772 as of July 1, 2013.The US Office of Management and Budget also includes Garner as a part of the Raleigh-Durham-Chapel Hill Combined Statistical Area, which has a population of 1,998,808 as of U.S. Census 2012 Population Estimates. Effective June 6, 2003 the Office of Management and Budget redefined the Federal Statistical Areas and dismantled what had been for decades the Raleigh-Durham-Chapel Hill, MSA and split them into two separate MSAs even though the region still functions as a single metropolitan area.Butterball is based outside of Garner, with a Garner mailing address.

 

Asheboro is a city in and the county seat of Randolph County, North Carolina, United States. The population was 21,672 at the 2000 census. It is the home of the state-owned North Carolina Zoo.According to Asheboro's 2011 Comprehensive Annual Financial Report, the top employers in the city were:

 

Statesville is a small city located in Iredell County, North Carolina, United States and was named an All-America City in 1997 and 2009. The population was 24,633 at the 2010 census. It is the county seat of Iredell County and is located at the intersection of I-40 and I-77.

 

Mint Hill is a suburban town in southeastern Mecklenburg and northwestern Union counties in the U.S. state of North Carolina, it is a major suburb on the outskirts of Charlotte and near the Cabarrus County line. The population was 23,341 at the 2010 census.

 

Kernersville is a town in Forsyth County, in the US state of North Carolina. The population was 17,126 at the 2000 census. In the 2010 U.S. Census, the town's population was at 23,123. Kernersville is located at the heart of a metropolitan area, which consists of the cities of Greensboro, High Point, and Winston-Salem. Some of the rural farmland surrounding the town has been sold and turned into large middle-to-upper-class housing developments, and numerous large shopping centers have been built in the town over the past few years. Flue-cured tobacco was the major crop grown in the area and is still grown in some areas today. While Kernersville went through a growth spurt in the early part of this decade it has leveled off and farms are doing well for the most part in an attempt to revitalize the agriculture community.

 

Morrisville is a town in Wake County, North Carolina, United States. A small portion of the town extends into Durham County. The population was 18,576 at the 2010 census. The U.S. Census Bureau estimates the town's population to be 21,932 as of July 1, 2013. Morrisville is part of the Research Triangle metropolitan region. The regional name originated after the 1959 creation of the Research Triangle Park, located midway between the cities of Raleigh and Durham. The Research Triangle region encompasses the U.S. Census Bureau's Combined Statistical Area (CSA) of Raleigh-Durham-Cary. The estimated population of the Raleigh-Durham-Cary CSA was 1,565,223 as of July 1, 2006, with the Raleigh-Cary Metropolitan Statistical Area (MSA) portion estimated at 994,551 residents.Morrisville's location adjacent to the Research Triangle Park, Raleigh-Durham International Airport, and Interstate 40 makes it an attractive location for offices, light industry and hotels. ]

 

Lumberton is a city in Robeson County, North Carolina, United States. The population has grown to 21,542 in the 2010 census from 20,795 in the 2000 census. It is the county seat of Robeson County. Lumberton, located in southern North Carolina's Inner Banks region, is located on the Lumber River. Founded in 1787 by John Willis, an officer in the American Revolution, Lumberton was originally a shipping point for lumber used by the Navy, which was sent downriver to Georgetown, South Carolina. Most of the town's growth, however, began shortly after World War II.

 

Kinston is a city in Lenoir County, North Carolina, United States. The population was 21,677 at the 2010 Census. It has been the county seat of Lenoir County since its formation in 1791. Kinston is located in North Carolina's Inner Banks region.Kinston is home of the N.C. Global TransPark (GTP), a combined airport and industrial complex developed by the state in Lenoir County; Grainger Stadium, home to the Kinston Indians minor league baseball team through 2011; Caswell Center, a campus providing support services and boarding for the mentally handicapped; and Lenoir Memorial Hospital. Kinstons' Bill Fay Park is home to the Annual Allen Pearson Foundation Softball Tournament held each year annually during the first weekend in October. Annual festivities in Kinston include the Sand in the Streets concert series held at Pearson Park, the popular train rides, nature center, and planetarium located at Neuseway Park, and the Festival on the Neuse.In 2009, it was announced that Kinston is a recipient of the prestigious All-America City Award. This marks the second time in twenty years the city has won the title, the last time being in 1988.

 

Fuquay-Varina /'fju?kwe? v?'ri?n?/ is a town in Wake County, North Carolina, United States. The population was 18,644 in 2012 (State Certified as of July 1, 2012). The population was 17,937 at the 2010 census,[1] up from 7,898 at the 2000 census. The town is a 25-minute drive south of Raleigh, the capital of North Carolina. The hyphenated name belies the town's history as two separate towns. Fuquay Springs and Varina merged in 1963 to create the modern town. Economically, the town initially grew due to tobacco trade and agriculture, but has seen recent population growth and real estate development due to its proximity to the Research Triangle Park.

 

Havelock is a city in Craven County, North Carolina, United States. The population was 20,735 at the 2010 census. The city is home to Marine Corps Air Station Cherry Point, the world's largest Marine Corps air station, and home to the 2nd Marine Aircraft Wing.Havelock is part of the New Bern, North Carolina Micropolitan Statistical Area.

 

Carrboro is a town in Orange County in the U.S. state of North Carolina. The population was 19,582 at the 2010 census. The town, which is part of the Raleigh-Durham-Chapel Hill metropolitan statistical area, was named after North Carolina industrialist Julian Shakespeare Carr.Located directly west of Chapel Hill, home of the University of North Carolina's flagship campus, Carrboro has a reputation as one of the most progressive communities in the Southern United States. It was the first municipality in North Carolina to elect an openly gay mayor, Mike Nelson, in 1995 and the first municipality in the state to grant domestic-partner benefits to same-sex couples. In October 2002, Carrboro was among the first municipalities in the South to adopt resolutions opposing the Iraq War and the USA PATRIOT Act.Over the period 2008-2012, the median income for a household in the town was $45,159, and the median income for a family was $73,893. Males had a median income of $28,622 versus $26,198 for females. The per capita income for the town was $32,604. About 11.9% of families and 16.1% of the population were below the poverty line, including 21.4% of those under age 18 and 11.4% of those age 65 or over.[13]

 

Shelby is a city in and the county seat of Cleveland County, North Carolina, United States. The population was 20,323 at the 2010 census.

 

Clemmons is a village in Forsyth County, North Carolina and a suburb of Winston-Salem. The population was 19,329 at the 2013 census.

 

Lexington is the county seat of Davidson County, North Carolina, United States. As of the 2010 census, the city had a total population of 18,978. It is located in central North Carolina, twenty miles (32 km) south of Winston-Salem. Major highways include I-85, I-85B, U.S. Route 29, U.S. Route 70, U.S. Route 52 (soon to be I-285) and U.S. Route 64. Lexington is part of the Piedmont Triad region of the state.Lexington, Thomasville, and the rural areas surrounding them are slowly developing as residential bedroom communities for nearby cities such as Winston-Salem, Greensboro and High Point.

 

Elizabeth City is a city in Pasquotank County, North Carolina, in the United States. As of the 2010 census it had a population of 18,683. Elizabeth City is the county seat and largest city of Pasquotank County. It is the cultural, economic and educational hub of the sixteen-county Historic Albemarle region of northeastern North Carolina.[]Elizabeth City is the center of the Elizabeth City Micropolitan Statistical Area, with a population of 64,094 as of 2010.[8] The city is the economic center of the region, as well as home to many historic sites and cultural traditions.Marketed as the ""Harbor of Hospitality"", Elizabeth City has had a long history of shipping due to its location at a narrowed bend of the Pasquotank River.[9] Founded in 1794, Elizabeth City prospered early on from the Dismal Swamp Canal as a mercantile city, before later shifting later into a varied industrial and commercial focus. While Elizabeth City still retains its extensive waterfront property, it is linked to neighboring counties and cities by highways and bridges and serves as the site of the largest US Coast Guard base in the nation.

 

Boone is a town located in the Blue Ridge Mountains of western North Carolina, United States. Boone's population was 17,122 in 2010. Boone is the county seat of Watauga County and the home of Appalachian State University. The town is named for famous American pioneer and explorer Daniel Boone, and every summer since 1952 has hosted an outdoor amphitheatre portrayal of the life and times of its namesake.In 2012, Boone was listed among the 10 best places to retire in the U.S. by U.S. News.Samaritan's Purse is based in Boone.

 

"

North Carolina

 

Your Company may well have become aware of freight factoring but you may likely mistake what it is or even more notably exactly what it might do for your company. Invoice Factoring likewise understood as receivables financing is a type of asset based lending that can enhance a firm's short-term cash needs. This is not a loan; no debt is assumed by trucking receivables factoring ,and the financing is unrestricted. Medical Invoice Factoring Companies in Factoring Consultants Transportation Factoring Trucking at Freightfactoringcompany.org- delivering buying accounts receivable packages transportation-factoring-trucking

Freightfactoringcompany.org-Transportation Factoring Trucking

Charlotte

North Carolina

Medical Invoice Factoring Companies

As most of us determine, trucking is an remarkably large industry with countless companies out there utilizing hundreds of operators. The sad thing is, quite a few of these drivers wind up in cash predicaments because they are still waiting for work from six weeks ago to actually pay them. When this is the circumstance for a truck company, depending on factoring providers for aid could be the most recommended choice left.

 

 

Factoring Companies Reviews at Factormoney.Com

Account Receivable Factoring Companies

As we all realize, trucking is an amazingly large field with numerous agencies out there working with hundreds of operators. Sadly, quite a few of these drivers wind up in finances predicaments due to the fact that they are still awaiting work from six weeks back to actually compensate them. When this is the condition for a trucking organization, resorting to factoring firms for aid might be the most effective option left.

 

 



Receivableslending.Org

 

North Carolina leads the nation in the production of tobacco and is a major producer of textiles and furniture. It grows 40% of all U.S. tobacco, but the continuing trend is toward diversification. Broilers, hogs, turkeys, greenhouse products, sweet potatoes, corn, soybeans, peanuts, and eggs are important. Plentiful forests supply the thriving furniture and lumber industries. The state has long been a major textile manufacturer, producing cotton, synthetic, and silk goods as well as various kinds of knit items. Other leading manufactures are electrical machinery, computers, and chemicals; the Research Triangle complex near Chapel Hill has spurred high-tech manufacturing, as well as bringing federal jobs into the state. The state also has mineral resources: It leads the nation in the production of feldspar, mica, and lithium materials and produces substantial quantities of olivine, crushed granite, talc, clays, and phosphate rock. There are valuable coastal fisheries, with shrimp, menhaden, and crabs the principal catches. Charlotte developed in the 1980s into a major U.S. banking center, and related businesses have flourished in the area.

 

Small Business Lines Of Credit Companies

As most of us determine, trucking is an remarkably large industry with countless companies out there utilizing hundreds of operators. The sad thing is, quite a few of these drivers wind up in cash predicaments because they are still waiting for work from six weeks ago to actually pay them. When this is the circumstance for a truck company, depending on factoring providers for aid could be the most recommended choice left.

 

 



Receivableslending.Org

 

 

 

Receivables Financing Vs Factoring

 

Receivables Financing Vs Factoring

 

At one time or another, every business, even effective ones, have actually experienced bad cash flow.

Money flow does not have to be a problem any more. Do not be deceived -- banks are not the only places you can get funding. Other solutions are offered and you do not have to borrow. What is truck factoring ? One solution is called trucking factoring. Truck Factoring is the process of selling invoices to a financier instead of waiting to collect the money from the client. Oh, the Irony- Truck factoring has an ironic distinction: It is the financial foundation of many of America's most effective companies. Why is this ironic ? Because staffing factoring is not instructed in business colleges, is rarely mentioned in business plans and is relatively unknown to bulk of most of American business people.

Yet it is a monetary process that frees billions of dollars every year, enabling thousands of businesses to grow and succeed. Accounts Receivable Factoring has actually been around for countless years. Receivable Financing Companies are financiers who pay cash for the right to receive the future payments on your invoices. An overdue receivable or invoice has value. It is a debt your customer has actually agreed pay in the near future. Factoring Principals--Although factoring deals solely with business-to-business transactions, a big portion of the retail business utilizes a factoring principal. MasterCard, Visa, and American Express all utilize a type of factoring in their retail transactions. Utilizing the purest meaning of the word, these big customer finance companies are truly just big Staffing Factoring Companies of customer paper. Think about it: You make a purchase at Sears and charge it to your MasterCard. The store gets paid practically immediately, even though you do not make payment up until you are ready.

For this service, the charge card business charges Sears a fee (typical common normal charges range from two to 4 percent of the sale). The Benefits Accounts Receivable Factoring can offer many benefits to cash-hungry companies. Rather than wait 30, 60, 90 days or longer for payment on an item that has currently been delivered, a business can factor (sell) its receivables for cash at a small discount off the dollar value of the invoice. Payroll, marketing efforts, and working capital are just a few of the business needs that can be met with instant  cash.

Trucking Factoring offers the ways for a producer to replenish stock and make even more items to offer: There is no longer a need to await for earlier sales to be paid. FACTORING is not just a cash management device for producers: Practically any type company can benefit from Invoice Factoring. Generally, a business that extends credit will have 10 to 20 percent of its yearly sales tied up in invoices at any given time. Think for a moment about how much is bound in 60 days' worth of invoices: You can not pay the power bill or today s payroll with a customer s invoice, but you can sell that invoice for the cash to satisfy those obligations. Using truck factoring companies is a fast and simple process. The factoring company buys the invoice at a discount, usually a couple of percentage points less than the face value of the invoice.

Invoice Factoring Companies Reviews at Factormoney.Com

 

Transportation Factoring Trucking

Please call our
freight bill factoring specialists at
1 - 888-239-9162
or

E-mail Us

 



OnLine Trucking Factoring Request Kind

 

 

 

Invoice Factoring Companies Reviews at YKLfactoring.com

 

 

The U.s. Transportation Organization
specifies that there are about
200,000 employees with truck
businesses and
276,000 private companies trucking
companies licensed to
operate in the States that transported,
according to their latest data of millions
products, materials and
fundamental products .
There are numerous common
carriers either going solo or in
groups on our country
highways transferring these
crucial products to our
stores, factories and ports.

Also  trucking factoring
businesses help
numerous of them and offer their
factoring facilities
nationwide counting
including the following states.


: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware,Florida,
Georgia, Hawaii, Idaho State,Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,
Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska,
Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina,
North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina,
South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia,
Wisconsin, and Wyoming

Transportation Factoring Trucking

 

Watch Our Factoring YouTube Video For More Information

 

Oilfield services Receivables Financing company Calculator
This calculator will show you how much you will make by using our Oilfield services Receivables Financing company . But, as your about todiscover, youwill certainly notice the increased cash flow that will occur when you use our Oilfield services Receivables Financing company
Enter the principal balance of your Oilfield services Receivables Financing company
(call your Oilfield services Receivables Financing company lender and ask for the current payoff amount):
Enter the amount of your monthly Oilfield services Receivables Financing company payment:
(invoice amount):
Enter the your Oilfield services Receivables Financing company's current interest rate:

If you're like most drivers, you're looking for a better company in trucking that might be offering the best jobs in terms of pay, freight, and hometime ' not to mention benefits or a sign on bonus. We've got all of our clients listed based on the states where they're hiring, so you can quickly find the best job in your home state. You'll see the very best nationwide trucking companies that have positions available.

 

Searching for the right trucking companies to move your freight can be tough, with the large amount of local, regional, and national truck carriers out there. Center helps make freight shipping simple, finding you the safest, reliable trucking companies every time you ship. Trucking companies are licensed and insured to carry freight safely and efficiently across the country, no matter the size or type of freight you need to ship.Plus, with the high volume of freight we move, we will work to get you the best freight rates possible. Simply enter in a few details below and you�ll see instant freight rates from all the top trucking companies in one easy screen

 

EveryJob is a free service dedicated to helping professional truck drivers find new truck driving jobs with the best trucking companies hiring today!

Locate truck driving jobs by city, state, position andenefits offered. Search current driving jobs and fill out the EZ truck driver application customized for cdl trucking jobs

 

Click below to find Trucking Companies in the United States:

Trucking Companies serving to/from points within the United States,
categorized by services offered. United States Trucking
Companies will be listed under all categories in which they provide specified Trucking Services.
To find companies offering specific Trucking Services in the United States, click on the list of services below.

If you're like most drivers, you're looking for a better company in trucking that might be offering the best jobs in terms of pay, freight, and hometime ' not to mention benefits or a sign on bonus. We've got all of our clients listed based on the states where they're hiring, so you can quickly find the best job in your home state. You'll see the very best nationwide trucking companies that have positions available.

 

EveryJob is a free service dedicated to helping professional truck drivers find new truck driving jobs with the best trucking companies hiring today!

Locate truck driving jobs by city, state, position andenefits offered. Search current driving jobs and fill out the EZ truck driver application customized for cdl trucking jobs

 

 

 

Watch Our Factoring Videos For More Information

 

 

http://truckfreightshipping.org

 

 

Truckfreightshipping.Org

 

 

 

What Your Banker Doesn't Want You to Know

 

"

�So It is not a loan?� asked Tony Hawkins, reclining back into his chair and crossing his legs. The woman who sat across the desk smiled and shook her head.�Not quite,� she said.Tony was the owner of a small trucking company which had fallen on some hard times recently. Trucking could be a profitable business, and for a little under a decade, it had been for Alexander. His company was called Peters Trucking, named after both of his grandfathers, Dan and Frank. They had both been hardworking men, and had done a lot to make Tony the same.Six months ago disaster struck Alexander's business when two out of his fleet of fifteen trucks were taken off the road.

 

One was involved in a very costly accident, and the other simply rolled over, and headed to the trucking graveyard. Tony depended on his full fleet, and missing two trucks was devastating . Furthermore, buying a whole new truck and fixing the other simply took more cash than Tony had on hand.A big problem a lot of trucking companies came across was how bills were paid in the industry. You could go a month or more before bills were completely paid off. This system works okay as long as no problems arise, but if they do, then things can get quite sticky.Tony was an excellent business man, and he certainly hadn't done anything wrong. Things had happened that he could not have predicted, and he had to figure out a way to keep his business from hurting, or even going under.That�s where the woman across the desk came in. Tony knew she was employed by a Factoring company and that her name was Tanya. Tony had come across her company as he sat in his office late one night, pouring over the internet for some solution to his problem long after his employees had gone home.Tanya explained. �it is really not a loan at all: we actually buy your accounts receivable. We aren�t giving you money to be paid back later, we�re buying something from you, and you can buy it back when you can. That way we�re protected from a complete loss, but you�re protected from the outrageous fees you would find in a loan from the bank.Tony agreed. It sounded good to him, almost too good.The woman laughed. �I'm not sure that you believe me,� she chuckled.�No, I do, I just think it sounds a bit too good to be true. I actually thought I might end up losing my business.�Tanya smiled, agreeing. �Yes, we get a lot of that. There's no way we want to see you lose your business. We know how hard you work, and that you've invested everything in your business. We all need help sometimes. That�s what we�re here for.""In any case, thank you for coming to see me.""It�s right down the road, usually we do it all online, but I didn�t mind swinging on by today,� said Tanya with a smile. �Let's work out a solution to your problem.�And with that they set about making a profile.

 

Tony filled the form out, with Tanya available to help him if he needed it. The profile filled Tanya and her company in on Alexander�s company, and would help them determine if he was suitable for factoring. In truth, not all companies were. Some businesses are beyond the help of a Factoring company, while other businesses weren't in enough financial stress to warrant it. As Tony completed his form, Tanya listened to his story and she felt quite sure he would be the ideal candidate for Factoring.When the form was done Tanya took it and slid it into her briefcase. Standing up, she reached over the desk and shook Alexander's hand. He also stood up, and they smiled at each other. Tony walked Tanya to the door where they said 'Goodbye', then he went back into his office.His employees were there, seven who worked in the office, and as he sat behind his desk once more he heard the familiar clack of fingers on keyboards, the electronic whine of the copy machine.He leaned back and closed his eyes. He had felt so helpless lately, was sure the whole thing was collapsing, and would take him with it. Talking to Tanya though, learning about factoring, it felt like a weight had been lifted from his shoulders. He relaxed into his chair, running his hand through his thick black hair with its telling streaks of grey.The long nights, where he couldn�t sleep. The sudden panic attacks, not matter where he was. Already he could feel all the stress start to drain away. He wasn�t out of the woods yet, there was still a lot of work to be done, but he could feel it. He was there, he was on the right path, and he was working to make things right.His mind wandered back to the very beginning, when he first started his business. At twenty-two and straight out of school he had opened a restaurant. It had been successful. Offering home cooking in his own hometown, his business had really prospered.But it wasn't what he really wanted to do. He wasn't passionate about the food industry. He thought about it for a long time, then decided it was time to sell his restaurant. He took half a year off, and in that time he thought to start Peters Trucking. And that's exactly what he did. Once again he built a company from the ground up. The business had been an instant success.And then the trucks went down, and his success looked to be in flux. He was nearing fifty. He didn�t think he had it in him, to save this company. But giving up wasn't part of his personality either.

 

Just the thought of shutting down, cutting his losses, laying off his workers - the whole thing made him physically sick some nights. He didn�t know how to say quit.And now it seemed as though he would not have to - all because of Factoring. Tony opened his eyes, sat forward, turned his computer on. He had lots to do. There would be plenty of time later to be thankful, but for now it was time to get back to work.

 

"

 

 

 

 

More Trucking Invoice Factoring Companies -Articles

Truckfreightshipping.Org

 

 

 

Freight Invoice Factoring

 

"

Gutierrez Truck & Haul have been operating their business since the mid 1980s. They've delivered goods for nearly every major industry in the nation and for 20 plus years, business was booming as they've traversed the country in all weather for all clients. During the heady times from 2002 to 2007, Gutierrez was a top rated accounts receivable mastermind of the trucking industry. Very few customers were behind on their bills, and those customers who were late turned in their overdue payments within an acceptable time frame. Cash was flowing and times were good for all.It was just one year later, in 2008, when the economy in the United States took a sharp decline, and both large and small businesses started to notice the squeeze on their pocketbooks: everyone had suddenly gone silent. Business slowed to a crawl

 

. And worse yet, Gutierrez had noticed during the early part of 2008 that though the bulk of their clients were always on time with payments, the few late-bloomers there were, had seemingly started to spread this illness. Spring changed to summer, summer changed to fall, and the CEO of Gutierrez, Reginald Craig, was beginning to feel very uncomfortable indeed whenever he looked at their weekly Accounts Receivable reports. There was a growing list of clients who now owed them back debt.He had gone to his administrators and asked them what the problem had been. Were they doing something wrong or different when it came to reaching out to delinquent accounts? When checking his bookkeeper's records this was definitely not the case. Perhaps he was losing his customers to his competitor, who seemed to offer very low prices with no guarantee of quality or performance, and these clients who were in debt to his company had possibly disappeared leaving him stranded. They could not afford to pay him their debt, but they could afford a lesser service, maybe. So he did the necessary research and, after discussions with friends in the same field, he realised that no, his customers hadn't gone anywhere else. The had just gone!.This current state-of-affairs was causing Reginald Craig to have some very restless nights. He had employees to pay, goods to ship, trucks to maintain and overhead that was almost unbearable when compared against the lack of funds that were coming in. At night he would speak to his wife Carla and shake his head in frustration.

 

""I have a bad feeling, Lin,"" he'd sadly say to his wife.""What could you do differently?"" she would ask.Reginald would stare off for a moment and then close eyes. He could see the fleet of trucks he had purchased over the years. He could see them traveling, bringing goods to all of his clients. But then a haze would cover his trucks and his vast fleet would vanish to leave just a few. Why couldn�t he work out how to resolve this financial problem with his business?""I think I know what it could be,"" said Reginald. ""I've relied too long on the profits I receive from invoices alone. For too long I've been allowing our clients to let their accounts become overdue."" Linda could only grab her husband's hand and look at him lovingly, ""it is a hard economy. It might be awhile until things get settled up.

 

""Reginald knew very well that Carla was only trying to help, but his responsibilities weighed heavily on his shoulders and he knew he had better do something soon to resolve this situation.The next day Reginald strolled into his office and was determined to sit down and make every phone call to every client who had owed Gutierrez money. This wasn't really a very efficient way for a Chief Executive to spend his day, and Reginald knew he should be overseeing all the other sides of the business, such as shipments and deliveries, approaching prospective customers, or working with his sales team. Even though he was doing something to help his company, he knew he had folks on salary to do just this thing. A waste of time - a waste of money - he had the best intentions, but all the while Reginald was realising just how much trouble he was in.Poor Reginald spent the whole morning trying in vain to contact his debtors: they promised to call back, dodged his calls, or made small interest-only payments. He was beginning to feel quite despaired when his secretary knocked on his door.

 

""Reginald, can I have a word?"" she asked standing in the doorway.

 

""Of course Grace, please come in."" Reginald leaned back in his chair and looked expectantly at Graceerely.""Well, I did a little searching this afternoon and tried to figure out a way out of this mess Reginald."" She pulled a small stack of papers from a folder and set them on the desk before him.""Have you ever heard of factoring?"" she asked.""It does sound vaguely familiar. What is factoring""? he asked.""Well,"" she began, ""It�s actually quite simple really.

 

Basically, factoring invoices means that we would get paid immediately for the loads we haul.""Immediately?"" Reginald interrupted.""Immediately, yes"" she added, ""In a nutshell, it is pretty easy. We start by having a professional account manager review our figures and help us set up a company profile. Included in the profile would be the investigation of our accounts receivable aging reports, our current customers' credit limits etc.. Additionally, the factoring will help to determine the creditworthiness of our customers independent of their credit history with our business. It�s a broad view.""Reginald replied cautiously ""I see - and what happens then?""Following the completion of their review and once we have been approved for a contract with the factoring company, then we sit down to negotiate conditions and terms. There�s a lot of flexibility depending on the business volume and credit histories. The company will advise us the cost to purchase factoring for our company's accounts receivable. The funding commences once we�ve arrived at an agreement.�Reginald leaned forward and reviewed the paperwork closely.""It sounds too good to be true, Grace,"" he said.""Yes, I know; that's exactly what I thought at the beginning. But think about it, Reginald: they've guaranteed that experts will do all the paperwork, and that will free us up to do what we should be doing - focusing on our customers in good standing, and that kind of stuff. And they're flexible Reginald,"" she drew a circle around a paragraph on the document before him.""Just how flexible?"" asked Reginald.""It seems that they personalize their factoring charges so that the amount they're prepared to work with is commensurate with our client's debt and our needs. Apparently they can figure this all out in two to four days.

 

""It does all sound pretty good, remembering that we are all tapped out now with loans from the bank last year to repair vehicles, and we all know just how tight money is. it is imperative that we keep the business rolling as usual, and every day we go unpaid we are getting closer and closer to dealing with some serious issues in both the short term and the long term,"" said Reginald.He took a deep breath and looked at his secretary with something she recognized as hope.""Precisely�. This could be the answer to our prayers: it will solve many problems we are facing due to these unpaid debts.""Reginald took a moment to think about this solution, and agreed with his secretary. The customers who were in debt to Gutierrez Truck & Haul were professional resources of the company, but they were also long-standing friends. Just because they were experiencing difficulties paying their own bills now, Reginald was very concerned about losing these relationships. Reginald knew that the economy had taken a hit and he knew that it would probably be a long time before things started to look up again. That unknown amount of time, if he handled these debtors incorrectly, could spell disaster for both of them. Of course he did not want to lose any more money, but he did not want to lose business either.""Let me go over this tonight Grace, and thankyou."" Grace nodded, satisfied with her work, and she left the office feeling quite content in the knowledge that she had helped Reginald keep the shirt on his back, and possibly hers too.Reginald sat behind his desk and looked over the details Grace had not mentioned in their meeting. What other issues could freight factoring help Gutierrez with? Running his pencil down the sheet, he noted that the freight factoring company could assist with fuel costs, fuel advances, and fuel discount cards. Reginald was surprised: it said that his company could get up to fifty percent cash advances on load pickups. Reginald was a typical business man: he despised binding contracts that did not allow room to breathe, so he was pleasantly surprised to see that the factoring company did not require a long term contract, that there was no minimum volume required, and that there were no sign-up fees.""I must tell Donald the good news,"" muttered Reginald to himself.Donald is Reginald's son-in-law, and he really admired the ideas behind Gutierrez, so much so that only two years before he had started his own transportation service business. At that time Reginald knew the struggles Donald would face, but he still encouraged him to follow his dream. With the faltering economy, if a big fish like Gutierrez was hurting, a little guy like Donald was about to catch his death. But, an antidote may have been found in freight factoring and Reginald was soon to find out.A few months later after going through the entire application process and having the experts review his accounts receivable, credit history and statements, Reginald found himself beginning to dig his way out of the hole his delinquent account holders had created for him.They adopted reasonable factoring purchase contracts and stopped wasting their own precious time trying to collect debts. They took that time and refocused effort to offering competitive prices in new territories. Reginald recalled those dismal months when he wasn't aware of freight factoring, and he shuddered at those memories. Had he missed the boat on this one, he probably wouldn't be in business today.

 

"

 

 

 

 

 

 

More What Your Banker Doesn't Want You to Know-Articles

 

 

Truckfreightshipping.Org

 

 

 

Trucking Factoring Rates

 

The key reasons why Truck Establishments Make use of Factoring Firms.

 

As the manager of your own company, you may perhaps be much more than conscious already of the challenge in making certain that cash flow issues do not become a dilemma down the line. After all, the most horrible thing that can potentially occur for your company is to find yourself embroiled in a long and difficult predicament that leaves you forever trying to find the money you need on an continuous basis.

 

For any sort of establishment in this circumstance, the concern can come for waiting for work to lapse and actually be paid out into your balance. Statements, checks, and the like can take a long time to actually to beprocessed which may leave you with temporary available resources dilemmas. Thank goodness, there are options out there for firms to investigate-- and just one of these is factoring firms.

 

Factoring firms will, in exchange for your invoices, offer you with the money today in order that you do not need to fret about the delaying duration that could make paying the expenses and acquiring materialsmore complicated. With this kind of arrangement, invoice factoring can become incredibly practical for a lot of businesses who need to get out of a money ploy which they have found themselves in.

 

Due to the fact that, depending on the volume of the job, it can take up to 60 days for a number of establishments to get paid out then it is necessary to take care of your own back and definitely not leave yourself cash short to pay the expenses. After all, how many enterprises have two months cash flow just occupying there to pay for all their expenses until they earn?

 

This is specifically true of trucking firms. They often deal with bunches of accounts which means a significant quantity of collection period concerns business owner themselves. Making an effort to get paid promptly can come to be an unbelievable inconvenience and this is precisely why you work with trucking factoring providers who are glad to help out truckers mainly.

 

As we all determine, trucking is an remarkably big business with many agencies out there handling hundreds of vehicle drivers. Unfortunately, plenty of these drivers wind up in finances problems simply because they are still waiting on work from six weeks in the past to actually compensate them. When this is the circumstance for a trucking company, depending on factoring firms for reinforcement could be the most suitable alternative left.

 

This implies that a truck business can pay out the paychecks of the people, keep all the vehicles loaded with gas and continue to escalate, flourish and expand without constantly waiting for the funds which is taking too long to come in. Trucking Businesses running without a factoring system applied are leaving themselves at considerable hazard, as contenders cash out rapidly and proceed to grow.

 

There's genuinely very little to be troubled about when it comes to using a Factoring contractor-- they commonly are not like a banking company or somebody who is going to leave you with a huge stack of liability to pay back. You give them genuine invoices from job you have already accomplished , you are simply hastening the payment system.

 

In the United states of America, where truck enterprises grow, factoring agencies are not considered borrowing in any capacity. This confidential deal then makes it possible for both parties to profit and take joy in a comfortable future-- it provides the factoring business a warranted resource of cash flow to include in the list and it supplies the trucking company the required funds that they worked hard to acquire.

 

The trucking business provides their accounts to the factoring company. The trucking factoring business then take the payments from the trucking company's customers. Factoring has beenaround for hundreds of years and has been adopted for many years by lots of various fields-- but none exceeding so than truckers. While you might possibly lose out on a small part of the money, something like 1-3 % depending upon who you team up with, it indicates that you are obtaining the finances today and can actually begin putting the funds to function.

 

After all, an IOU or an invoice is not actually going to pay for bills, is it? For trucking enterprises when the funds can be great one day and gone the next, it is up to the vehicle drivers to work sensibly and to guarantee they are leaving themselves with a notable volume of time and money to get through the week till they are paid for once again.

 

So the next occasion your trucking company is bearing some temporary cash flow issues and you are devoting an excessive amount of time chasing inactive paying customers, why not begin considering using a factoring companies as a way to get your finances and give yourself a more comfortable future in the eyes of your trucking staff and your bank difference?

 

 

 

 

 

 

 

More Trucking Factoring Rates -Articles

 

 

 

Transportation Factoring Trucking

 

 

 

Truckfreightshipping.Org

 

 

 

Trucking And Factoring

 

Factoring in the Future of a Trucking Business: A Story Manuel Jordan let the phone ring on his desk. He let his morning coffee cool and left his cigarette to ash itself in the tray, because he is trying to make the biggest decision ever for his trucking company. Jordan Trucking Company was at a turning point of growth and Manuel had to decide if signing with a factoring company was the right way forward.

 

Manuel�s father had started as an owner-operator and had grown Jordan Trucking Company into a fifteen trailer fleet over forty years. There had been some hard times when it seemed everything was going to go under and even Manuel�s mother strapped herself into a cab to make hauls. His father had worked long enough to see the price of hires drop dramatically during the recession and to see the explosion of fuel prices afterwards. Now the company was solely in Manuel�s hands and he wanted to live to see it in better shape for his sons.

 

To move Jordan Trucking Company ahead into the future, he needed a steady cash flow but there was just not enough money to go around. He had employees to pay. They had families and household bills too. A few of the refrigerated trailers really needed some maintenance, and in order to stay competitive he really wanted to invest in specialized haulers to meet the increasing requests for loads of agricultural and energy equipment. Every time he had to turn down a request, Jordan Trucking looked weak in a very strong market.

 

He knew what his father would have said - 'wait, take your time before adding new technology'. Manuel chuckled, thinking about his father. He remembered when his father was totally against installing GPS units in the cabs. He would say, �Why do you need the voice of some woman to tell you to get off at an exit that has been the same exit that has been there for years?� Also his father had the habit of teasing all the drivers he caught switching into automatic even though driving in automatic was much more efficient though not manly in his father�s eyes. He knew his father's days were long gone and new technology was very important for the business, like having Qualcomm to reduce communication time for bills of lading.

 

Manuel knew he was right in his forward thinking. How would he take Jordan Trucking to the next level? More importantly, how could he afford it? Funding was all tied up in the mortgage for the office and garage and in the fuel bills. He just finished paying off the small bank loan for installing satellite radio in the trucks for the guys.

 

He wondered about factoring - was this the answer for him? There was a lot he didn�t understand about the process. It sounded like a ninth grade math problem and he wondered how this would fit into the trucking business. A factoring company actually purchases your invoices and takes control of your accounts receivable, payment being a certain percentage of the amount invoiced. In return, the factoring company pays the trucking business straight away, providing immediate cash flow for the business to pay staff, purchase fuel, and do any repairs or maintenance. Without this assistance, you're placed in the position of waiting for payment from your customers, and this can often be thirty days, or more. In those 30 days, a trucking company can�t pay its bills and employees in invoices.

 

Manuel had to really consider what his next step was going to be. Manuel had heard that there were companies that charged for same day money transfers and would only advance a percentage of the money owed to your company while holding the rest in a private account if they didn�t get their bill payment within 60 or so days. Plus it was worse still if the customer didn�t pay up at all because then the factoring company would take it right out of the money supposed to be coming to you! Through the grapevine, he�d also heard about how some companies suddenly slipped you onto a sliding scale of percentages even if you had already signed a lengthy contract for maybe 3% or 7% so there you are with 10% coming as a cost to you out of the freight bill. His colleague, Ronnie, who owned a trucking company in Missouri, was nearly destroyed by a factoring company who charged him the full freight bill on top of the fees for factoring. He knew he would have to be very careful if he was to avoid any of these shady companies?

 

But it turned out to be quite easy. All the factoring companies he researched were open about their business practices and very friendly on the phone when he called. Their customer service actually knew things about their company and spoke in nice clear English so he could understand what was being explained. He was quite happy to sign an exclusive contract. He liked the idea of a long term commitment so he knew he wouldn�t have to bother going back and forth to different companies and wasting time filing more forms. He was not charged for a credit check, and in addition he was offered a fuel advance on the pick-up of a load. Many companies offered a non-recourse factoring program that suited him just fine. He was more than happy with the figures he was offered in percentage terms on the freight bills. It was good money.

 

It was really refreshing dealing with the factoring people. They were more personable than those loan managers at the bank. He was relieved to note that the factoring companies understood the trucking business and discussed business with him like a respected client, not like someone looking for a handout. The factoring companies didn�t worry over his credit and the debt troubles his father had had in the past of the company. Factoring was based on the credit of his customers and on their reliability which worked well for Manuel because he and his father had built up good strong relationships over decades with their list of clients. So he knew they would understand when the factoring company contacted them for the invoices. His clients wouldn�t think poorly of Jordan Trucking and the factoring companies appeared capable of handling the accounts receivable in the same polite manner that his father had used over the years.

 

Manuel stepped out of his office to let his secretary know to expect the arrival of the factoring contract shortly. He felt exhilarated by the new possibilities that would make the future of the company fun again and put the stress of the difficult times behind him. He suddenly realized that, with this new cash flow, he could actually expand Jordan Trucking Company and who knows, move into Canada, which had always been his dream. His heart felt full knowing his sons wouldn�t have to worry about money because of the right decisions he had made for their trucking business.

 

 

 

 

 

 

 

More Trucking And Factoring -Articles

 

 

 

 

 

 

 

 

Transportation Factoring Trucking

 

 

 

 

 

 

Truckfreightshipping.Org

 

Account Receivable Financing Companies

 

Date Published- 2014- 11-27 Trucking Invoice Factoring Companies

 

"

Bank Loans

 

Finance through a bank loan is the normal, or traditional, way of financing your business. While these loans are handy they are not available to every business. As an example, a newly formed business may not have the required assets to qualify for a bank loan, and even if they did, it is usual practise for a bank to use the business itself as collateral. This means that if you default on your loan payment you could lose your entire business. In addition, while you apply for a certain loan amount, that is all the financing you are entitled to. Once the loan is paid off, you can then apply for another loan if the need arises.

 

What Are Trucking Factoring Companies?

 

Trucking Factoring companies do not offer loans, and you do not go into debt when you get money from a Trucking Factoring company. The finance you receive from the Trucking Factoring company is determined by money already earned by your business, but not yet received. The Trucking Factoring company purchases your accounts receivable, or part of them, for a certain percentage of their value - this is normally about 80-95%. The amount of money you can receive is based on the amount of money you have earned and the accounts receivable you are willing to �sell.� Once a Trucking Factoring account has been created for you, it will continue for as long as you need it, with the money available continuing to grow as your business grows, and providing cash as you require it.

 

What Are The Benefits Of A Trucking Factoring Company Versus A Traditional Bank Loan?

 

While not every business can take advantage of Trucking Factoring account financing (you have to have a business that has account receivables) for those that can use this type of financing there are several distinct benefits.

 

1. There is no debt. Since the Trucking Factoring company actually buys your accounts receivable you do not actually incur debt like you do with a bank loan. This has many benefits including the fact, that this type of financing will not affect either your business credit rating or your personal credit rating. In the event that your business fails, you would not have to be concerned about someone coming after your personal or your business assets in order to pay off a loan. With a bank loan, the debt goes onto your credit report, and even one late payment can adversely affect your businesses credit, and even the ability to get insurance and may even reflect upon your personal credit rating.

 

2. No Collateral Required. Another great benefit of using the services of a Trucking Factoring company instead of a bank loan is that there is no collateral required for the Trucking Factoring company, because the Trucking Factoring company is buying your accounts receivables. Plus, the state of your credit rating is not an issue; however the Trucking Factoring company will run a credit check on your clients whose accounts receivable are being offered for financing. This makes it easier for fledgling businesses to get the financing they need through a Trucking Factoring company (as long as their accounts receivables are in good order) then from a bank, who may not feel that you have been in business long enough to be worth the risk of issuing you a loan.

 

3. Receive Your Money Faster. With a Trucking Factoring company you can actually get the money you need faster. The money will normally be in your account within 24 hours, once the Trucking Factoring company is confident that your customers� accounts are likely to be paid. Borrowing from a bank begins with vast amounts of paperwork, the loan must be underwritten, and this can take ages before you're notified if the loan has been approved.

 

4.You receive interest up-front. Unlike a bank loan that continues to build interest that you have to pay the entire time you have your business loan with a Trucking Factoring company, you do not have to continue to pay interest as they take it right off the top, deducting it from the total amount of accounts receivable. So not only are you relieved of those monthly loan payments, but you also do not have to worry about the building up of interest, as every penny in the account is yours to spend on the business.

 

As you can see from the above, there are some great benefits to financing through a Trucking Factoring company, and not through a traditional bank loan. However, there are also a couple of other benefits that a factory company can offer your business is far beyond the scope of the bank. The main benefit is that once you've sold your accounts receivable to the Trucking Factoring company, you are free from having to collect money owed by your customers. The Trucking Factoring company takes over that chore, since it is now their money to collect. Trucking Factoring companies are very good at collecting these debts, saving you the time and effort that you need to devote to your growing company.

 

Another bonus is that, because the Trucking Factoring company has evaluated the quality of your customers' credit before buying the accounts receivable, you learn valuable information regarding your customers, like which ones are likely to pay, and which ones are less likely to pay.While a Trucking Factoring company is not the only way for your business to obtain the money it needs to keep growing, it does offer a type of financing well worth considering.

 

"
Truckfreightshipping.Org

 

 

 

 

 

More Trucking And Factoring -Articles

 

 

 

"

Bank Loans

 

Finance through a bank loan is the normal, or traditional, way of financing your business. While these loans are handy they are not available to every business. As an example, a newly formed business may not have the required assets to qualify for a bank loan, and even if they did, it is usual practise for a bank to use the business itself as collateral. This means that if you default on your loan payment you could lose your entire business. In addition, while you apply for a certain loan amount, that is all the financing you are entitled to. Once the loan is paid off, you can then apply for another loan if the need arises.

 

What Are Trucking Factoring Companies?

 

Trucking Factoring companies do not offer loans, and you do not go into debt when you get money from a Trucking Factoring company. The finance you receive from the Trucking Factoring company is determined by money already earned by your business, but not yet received. The Trucking Factoring company purchases your accounts receivable, or part of them, for a certain percentage of their value - this is normally about 80-95%. The amount of money you can receive is based on the amount of money you have earned and the accounts receivable you are willing to �sell.� Once a Trucking Factoring account has been created for you, it will continue for as long as you need it, with the money available continuing to grow as your business grows, and providing cash as you require it.

 

What Are The Benefits Of A Trucking Factoring Company Versus A Traditional Bank Loan?

 

While not every business can take advantage of Trucking Factoring account financing (you have to have a business that has account receivables) for those that can use this type of financing there are several distinct benefits.

 

1. There is no debt. Since the Trucking Factoring company actually buys your accounts receivable you do not actually incur debt like you do with a bank loan. This has many benefits including the fact, that this type of financing will not affect either your business credit rating or your personal credit rating. In the event that your business fails, you would not have to be concerned about someone coming after your personal or your business assets in order to pay off a loan. With a bank loan, the debt goes onto your credit report, and even one late payment can adversely affect your businesses credit, and even the ability to get insurance and may even reflect upon your personal credit rating.

 

2. No Collateral Required. Another great benefit of using the services of a Trucking Factoring company instead of a bank loan is that there is no collateral required for the Trucking Factoring company, because the Trucking Factoring company is buying your accounts receivables. Plus, the state of your credit rating is not an issue; however the Trucking Factoring company will run a credit check on your clients whose accounts receivable are being offered for financing. This makes it easier for fledgling businesses to get the financing they need through a Trucking Factoring company (as long as their accounts receivables are in good order) then from a bank, who may not feel that you have been in business long enough to be worth the risk of issuing you a loan.

 

3. Receive Your Money Faster. With a Trucking Factoring company you can actually get the money you need faster. The money will normally be in your account within 24 hours, once the Trucking Factoring company is confident that your customers� accounts are likely to be paid. Borrowing from a bank begins with vast amounts of paperwork, the loan must be underwritten, and this can take ages before you're notified if the loan has been approved.

 

4.You receive interest up-front. Unlike a bank loan that continues to build interest that you have to pay the entire time you have your business loan with a Trucking Factoring company, you do not have to continue to pay interest as they take it right off the top, deducting it from the total amount of accounts receivable. So not only are you relieved of those monthly loan payments, but you also do not have to worry about the building up of interest, as every penny in the account is yours to spend on the business.

 

As you can see from the above, there are some great benefits to financing through a Trucking Factoring company, and not through a traditional bank loan. However, there are also a couple of other benefits that a factory company can offer your business is far beyond the scope of the bank. The main benefit is that once you've sold your accounts receivable to the Trucking Factoring company, you are free from having to collect money owed by your customers. The Trucking Factoring company takes over that chore, since it is now their money to collect. Trucking Factoring companies are very good at collecting these debts, saving you the time and effort that you need to devote to your growing company.

 

Another bonus is that, because the Trucking Factoring company has evaluated the quality of your customers' credit before buying the accounts receivable, you learn valuable information regarding your customers, like which ones are likely to pay, and which ones are less likely to pay.While a Trucking Factoring company is not the only way for your business to obtain the money it needs to keep growing, it does offer a type of financing well worth considering.

 

"