Funding Solutions for Your Transportation Business
In the transportation industry, trucks are always running, and people are always moving. Freight and trucking companies are consistently at odds with their clients’ payment schedules, creating cash flow gaps. These gaps can create financial strain, no matter how well-established you are. For these reasons and more, most trucking companies use invoice financing for their transportation services.
Invoice financing, also known as factoring, is a strategic process trucking companies use to get a cash advance on their outstanding payments. As a freight factoring services provider, we at Porter Capital are dedicated lenders. We prioritize your independence by offering upfront cash advances on your invoices. You can take your business to the next level in the transportation industry with more working capital.
Explore our range of alternative financing solutions. Discover how we can support your business objectives and facilitate growth. Find Out More.
Transportation Deals We’ve Funded
Our team has provided factoring services for the transportation industry for decades, so we know how to handle your needs. Check out some of the deals we’ve funded for the transportation industry below.
How Porter Capital Helps Trucking Companies
As a trucking company, you already manage a lot of moving parts. Allow the team at Porter Capital to handle the billing. Invoice factoring allows you to experience hassle-free payment plans without inconveniencing yourself or your clients. Clients remain in control of their payment preferences while you enjoy instant funding for all your necessary expenses.
At Porter Capital, we’ve simplified the factoring for transportation process. Along with our invoice financing assistance, we are also available for back-office support in any way you need, from collections to post payments.
