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- Phone : +13462375409
- Email : info@redispatchllc.com
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FACTORING SETUP (ASSISTANCE)
Here at Reliable Elite Dispatch LLC, we are proud to be part of the trucking services company you can rely on. Use a Factoring Setup (Assistance) to keep you and your vehicle on the road. It’s challenging enough to operate a business — especially a small one or if you’re starting out — and maintaining a reliable, steady cash flow can mean the difference between sinking or swimming. Operations are significantly disrupted by unpaid invoices, especially when incoming funds are necessary for payroll or rent. For this reason, we entered into a partnership with RTS Financial to offer our clients factoring services, which have the potential to impact their business operations significantly.We will handle everything. All that’s required is driving. Get going right now. To receive an estimate for our services or to learn more about what we can offer you and your business.
WORKING PROCESS
Pick a service plan. We give you all the details so that you can make an informed decision and pick the best plan for your needs.
Sign our agreement outlining your rights and responsibilities for collaboration. It delineates terms crucial for our partnership.
Accept loads, initiate negotiations, review rates, loads, and details in your online account once your profile setup is complete.
Close the loop. We only invoice you for the loads you accept. Your invoice appears the week after the work is complete.
In the trucking industry, factoring means someone else takes the risk of non-payment. Even receiving a discount on invoices is a sufficient incentive for many trucking companies to utilize factoring services for trucking companies, as the company gets immediate funds that can be used to pay overhead expenses or even accept additional work to increase profits.
Truck factoring, referred to as freight factoring — allows small fleet owners or a large transportation company to turn unpaid invoices into cash. Essentially, a third-party freight factoring company for trucking will effectively buy those outstanding accounts receivable at an advance rate of usually 95% to 98% of the value and then collect on those unpaid invoices themselves.
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