Cash Flow, Solved.
Our partner company, RTS Financial, provides factoring, also known as “accounts receivable financing,” to trucking and transportation companies. Our factoring solutions allow your company to sell its receivables to meet short-term cash obligations like payroll, fuel, insurance or maintenance.
How the Factoring Process Works
Instead of waiting 30 to 90 days for customer payments, you can sell your invoices to RTS Financial and receive funding within 24 hours. RTS Financial advances as much as 97% of an invoice amount and holds the balance in reserve. Once we receive full payment on the invoice, we return the reserve balance to your company. There is a small fee for assuming the collection risk.
Benefits of Working with RTS Financial
For more information on factoring with RTS Financial, contact a representative at (877) 242-4390 or visit www.rtsfinancial.com today.
- Funding within 24 hours and no hidden fees
- As much as 97% advanced on each invoice
- Outstanding customer service since 1995
- Flexible funding that grows with your business
- Access to free credit information on brokers and shippers through the CarrierPro mobile app
- Easy application and set-up process
- Internet technology that lets you upload invoices instead of mailing originals
- Non-recourse programs available
- All-in-one trucking software for dispatch, accounting, safety and more