How can I Learn More About the Trucking Industry?
CarrierNet shares valuable insights and trends shaping the transportation industry. Stay up to date on our blog for trucking news and advice. Learn more.
Do I Have to Commit To a Long-Term Contract?
No, CarrierNet does not require any long-term contracts or monthly commitments. We’re flexible so we can meet the needs of your trucking operations.
Do You Offer a Fuel Card For Truckers?
Yes, CarrierNet offers fuel cards to help trucking companies save money at the pump and simplify fuel expenses. Owner operators can particularly benefit from these savings. Learn more.
What If My Customers Don’t Pay?
With recourse factoring, the trucking company is still liable if invoices are unpaid. Learn more.
What Is the Difference Between Non-Recourse and Recourse Factoring?
In non-recourse factoring, the factoring company bears the risk if customers don’t pay invoices. With recourse factoring, the trucking company is still liable if invoices are unpaid. Learn more.
How Fast Do I Receive Payment For Invoice Financing?
With CarrierNet’s invoice financing, trucking companies can receive funding in as little as 24 hours. We even offer same-day funding in many cases.
What Is the Average Freight Factoring Fee?
All freight factoring companies have their own fees. CarrierNet provides some of the most competitive freight factoring rates in the industry.
What Is the Best Factoring Company For Truckers?
CarrierNet specializes in the transportation industry, offers competitive rates, and provides fast invoice factoring services. We’re more than just a factoring company, we’re a friend and partner in the industry that you can count on.
What Does a Freight Factoring Company Do?
A freight factoring company advances cash to a trucking company by purchasing their outstanding invoices at a discounted rate. This provides immediate funds to trucking businesses. This transaction is formalized through a factoring agreement.
Is Freight Factoring Worth It?
Yes, freight factoring is worth it for trucking companies to quickly access freight factoring funds and improve their cash flow. It avoids waiting 30-90 days for customers to pay invoices. A trucking factoring company like CarrierNet can make this process much faster and smoother.
Freight Factoring Frequently Asked QuestionsCN2024-11-01T10:36:44-05:00