freight factoring for brokers
Invoice factoring gets freight broker companies cash faster.
For more than 25 years, Catalyst has provided freight factoring services to businesses in the transportation industry. Whether your company is a startup with two trucks in your fleet, or has a large array of trucks and delivers freight across the country, Catalyst Financial can help.
If you are a new or growing business, you typically cannot wait the industry standard of 30-90 days to receive compensation after providing services. You have payroll demands, fuel costs, equipment costs, and other operating expenses that are likely due in the interim.
We help fill the gap and get you cash as soon as your invoice is generated.
When you participate in Freight Factoring with Catalyst, you sell us your invoice from a load you've hauled for a fee to get cash immediately. You can then use this capital to find new loads and improve your business.
Why factor with Catalyst:
Our team provides a level of service and personalized attention uncommon in our industry. You'll have a direct contact who manages your account and provides assistance with credit decisions.
- Highly competitive rates
- No long-term contracts
- No maintenance fees
- Online reporting
- Rebates paid weekly
- Advance rates up to 90%
- Daily reporting of receipts
- Recourse and non-recourse programs
- No exit fees
- Equipment financing available
REQUEST FREIGHT FACTORING NOW
Complete as much of this quick form as you can and we will get your approval started!
You can also call us at 281-870-9182 to start the approval process right now!
Freight Industry Case Studies
5 benefits to using a freight factoring company
Freight factoring is when a company that transports a load sells the resulting invoice from that haul to a financial company at a small discount. This can also be known as invoice factoring, load factoring, transportation factoring, or accounts receivable financing.
Catalyst’s flexible terms helped this company improve their cash flow.
“Working with Catalyst was the best choice we have ever made! The staff is amazing, extremely helpful, and very courteous. They are also extremely quick with equipment financing. On a scale of 1-10, we would definitely rate them a 100!!” -Wayne Alexis Jr., CEO at Alexis Group Logistics Co.
Our funding helped Jaguar Fueling get to the next level in their business.
When Jaguar Fueling’s funding was impacted by Hurricane Harvey, Catalyst helped meet their cashflow needs and got them back to bank financing.
“I would totally recommend Catalyst. They have competitive rates and are large enough to service you but small enough to know you and help you grow.” – Amber Isaacks, Vice President, Jaguar Fueling
Your financial interests are our top priority.
No long term contracts means that as soon as your business is ready, we help you transition to a traditional bank line of credit. Many of our customers actually come to Catalyst because their banker refers them and trusts us to provide the best service. Our average customer works with us for 18-24 months before qualifying for a line of credit.
HOW INVOICE FACTORING WORKS
