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Asset Based Lending For Trucking Companies
Asset Based Lending secured by Equipment, Inventory, Property, and Accounts Receivables
We help companies start and grow their businesses. With 100 combined years of factoring experience, it’s safe to say we know what we are doing.
We are trusted by thousands for improving businesses’ freight operations, increasing cash flow, getting paid fast, and providing clients with the resources they need for success.
We work with both small businesses and large businesses to provide consistent cash flow, so that they can run a smooth operation.
Non-recourse or recourse trucking factoring programs available
Non-Recourse Factoring
No reserve account – you receive 100% of
your money up front when you send your
factoring bills
Flexible contract commitment
No minimum factoring requirement
(on 1 or 2 trucks)
Free credit checks on brokers
Billing and collections included
Recourse Factoring
Competitive advance rates
Reserve account with weekly release
We offer flexible options of 1 year, 6 month, or
month-to-month contracts.
No minimum factoring requirement on
1-2 truck companies.
We will credit check all your brokers for free
Billing and invoicing assistance is optional
About Porter Freight Funding
Founded in 1991, Porter Capital Corporation started providing working capital services to a variety of industries, including the trucking industry.
In 2011, Porter Capital acquired an experienced transportation factoring company and formed Porter Billing Services, LLC, now named Porter Freight Funding. Porter specializes in funding solutions for the trucking industry through freight factoring by providing 24-hour pay on freight invoices. Porter Freight serves small and mid-sized trucking companies throughout the United States by providing a flexible approach to the working capital needs of our clients. As well as its factoring work, Porter provides access to a dispatching network with pre-approved brokers and shippers and free fuel cards to truck drivers with fuel advances and discounts at chains across the United States.
Porter Freight Funding is headquartered in Birmingham, Alabama and has an operations office in Hartselle, AL. Porter’s most valuable asset is its staff, which has 100+ combined years of freight factoring experience.
There are many freight factoring companies out there, but you deserve to work with the best.
Learn more about how Porter Freight Funding can help your trucking company grow!