FreightCredit.com | Freight Bill factoring http://www.freightcredit.com Freight Bill factors Sat, 07 Jan 2012 11:34:24 +0000 en hourly 1 Expanding Business needs capital http://www.freightcredit.com/2011/10/09/expanding-business-capital/ http://www.freightcredit.com/2011/10/09/expanding-business-capital/#comments Sun, 09 Oct 2011 17:31:58 +0000 admin http://freightcredit.com/?p=882 Looking for investor or partner.
Company needs; $1,750,000
Willing to pay hard money rates.
want interest only for 3 months then interest and principal for 2 years or partner ship.
Have business plan and Transport agreements in place.

Existing trucking company has contracts for radioactive, explosives and oilfield distribution logistics. Will be employing 25+ new employees 1st year and 50+ second year including O/O. Banks are not responsive to the lines of credit any longer. These contracts run at $3 to $5 per mile and $200 per hr on the oil field ops, we have started hauling already. We have to get equipment and operating capital ASAP. accounts receivable will be no longer then 3 days out.

Equipment costs are $1.5M
Operating costs for first quarter is $250K
90 days out of the red and into the black!

Please no loan brokers, we will not pay any up front money, factoring will not work for our situation.

]]> http://www.freightcredit.com/2011/10/09/expanding-business-capital/feed/ 2 I am a Freight Broker http://www.freightcredit.com/2011/10/07/freight-broker/ http://www.freightcredit.com/2011/10/07/freight-broker/#comments Fri, 07 Oct 2011 10:47:27 +0000 admin http://freightcredit.com/?p=879 I understand that a factor would pay me in a day or two, but how long does it take a factor to pay my carriers if I choose that type of plan? I have good carriers and want to keep them happy.

]]> http://www.freightcredit.com/2011/10/07/freight-broker/feed/ 2 From a Factor’s Perspective – The Biggest Mistakes Carriers Make http://www.freightcredit.com/2011/10/06/factors-perspective-biggest-mistakes-carriers/ http://www.freightcredit.com/2011/10/06/factors-perspective-biggest-mistakes-carriers/#comments Thu, 06 Oct 2011 10:23:02 +0000 admin http://freightcredit.com/?p=877

We’d like to hear from freight bill factors. You see companies grow and you see companies fail. From your standpoint, what are the biggest mistakes carriers and freight brokers make?

]]> http://www.freightcredit.com/2011/10/06/factors-perspective-biggest-mistakes-carriers/feed/ 1 Growth and Finance http://www.freightcredit.com/2011/10/06/growth-finance/ http://www.freightcredit.com/2011/10/06/growth-finance/#comments Thu, 06 Oct 2011 10:14:32 +0000 admin http://freightcredit.com/?p=873 What could your company do with unlimited financing? Could you double or even triple your business with profitable business if you had unlimited funding? As the freight industry continues to change form, new freight opportunities become available each day. Everyday shippers are seeking new carrier resources due to bankruptcy and carriers reducing fleet sizes and service areas.

Tell us about the challenges that face you. Financing, equipment shortages, trouble finding new accounts and let our industry experts offer advice

 

]]> http://www.freightcredit.com/2011/10/06/growth-finance/feed/ 0 Wire transfer fees http://www.freightcredit.com/2011/10/05/wire-transfer-fees/ http://www.freightcredit.com/2011/10/05/wire-transfer-fees/#comments Wed, 05 Oct 2011 14:43:34 +0000 admin http://freightcredit.com/?p=871 Do factors have a charge to wire money to my account?

]]> http://www.freightcredit.com/2011/10/05/wire-transfer-fees/feed/ 2 The Very Best Freight Brokers to work with http://www.freightcredit.com/2011/10/02/freight-brokers-work/ http://www.freightcredit.com/2011/10/02/freight-brokers-work/#comments Sun, 02 Oct 2011 10:47:44 +0000 admin http://freightcredit.com/?p=857 Who are the very best Freight Brokers to work with? Those who stand behind what they say? We welcome you to comment and tell everyone who the best brokers are.

]]> http://www.freightcredit.com/2011/10/02/freight-brokers-work/feed/ 13 Deposits and reserves http://www.freightcredit.com/2011/09/24/deposits-reserves/ http://www.freightcredit.com/2011/09/24/deposits-reserves/#comments Sat, 24 Sep 2011 10:48:21 +0000 admin http://freightcredit.com/?p=768 Do factoring companies require a deposit or hold funds in reserve?

]]> http://www.freightcredit.com/2011/09/24/deposits-reserves/feed/ 1 Other Factoring Fees http://www.freightcredit.com/2011/09/24/factoring-fees/ http://www.freightcredit.com/2011/09/24/factoring-fees/#comments Sat, 24 Sep 2011 10:46:38 +0000 admin http://freightcredit.com/?p=766 Are there any other fees, upcharges or additional services, other than the percentage of my freight bills, that a factor charges?

]]> http://www.freightcredit.com/2011/09/24/factoring-fees/feed/ 2 Past due freight bills http://www.freightcredit.com/2011/09/21/dead-freight-bills/ http://www.freightcredit.com/2011/09/21/dead-freight-bills/#comments Wed, 21 Sep 2011 13:11:27 +0000 admin http://freightcredit.com/?p=718 I’ve got about $10,000 in uncollected freight bills. What do freight bill collection agencies charge to collect?

]]> http://www.freightcredit.com/2011/09/21/dead-freight-bills/feed/ 2 Freight Bill Factoring for Canadian Transportation Companies http://www.freightcredit.com/2011/09/21/freight-bill-factoring-canadian-transportation-companies/ http://www.freightcredit.com/2011/09/21/freight-bill-factoring-canadian-transportation-companies/#comments Wed, 21 Sep 2011 13:11:00 +0000 admin http://freightcredit.com/?p=717 I am located in Canada and take shipments from U.S. based shippers. Does this create a problem to secure factoring services?

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