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If your transportation company generates at least $10,000 per month in accounts receivable, FreightCash.com can help you find a competitive factor to work with.
The "Typical" Transportation Company benefiting from factoring includes:
- Young companies with creditworthy customers that need cash to grow and lack the financial track record required by traditional lenders.
- Businesses that are doing well, but improved cash flow would help them take advantage of new sales and profit opportunities.
- Businesses with income or credit problems, tax problems, even start-up companies with limited credit history.
- Companies with operating losses including those, which have already filed for bankruptcy protection.
- Businesses that are growing rapidly and need capital to fill orders or services, but have too much money tied up in accounts receivable.
- Businesses unable to obtain conventional bank or asset-based lines of credit.
- Businesses that are positioned to increase their current volume of business but do not want to incur any debt or increase overhead.
Fill out a Client Profile and start getting your cash immediately.
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