What Is Freight Broker Factoring?
As a freight broker, you’re always looking for reliable ways to secure excellent relationships with customers and carriers. One of the greatest obstacles between you and a satisfied customer is the 30-90-day period it often takes for payments to come through after completing a delivery. Freight broker factoring provides you with the immediate availability you need so you can pay your carriers quickly and have funds to run your business. Let your factoring partner wait 30-60-90 days to get paid from your customer.
Freight broker factoring unlocks new possibilities to ensure your carrier receives compensation for their work in a timely fashion. Your factoring partner will provide funds to cover costs so you can pay your client right away.
At Porter Freight Funding, we offer transportation factoring for freight brokers with packages that work for everyone. Submit the contact form below for more information or apply online today.