factoring for trucking companies

Same-Day Funding and Competitive Advance Rates

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Waiting 30, 60, or even 90 days for shippers and brokers to pay your invoices can put a serious strain on your trucking business. Delayed payments mean you can’t cover fuel costs, maintenance, or pay your drivers on time, leading to stress and potential financial instability.

Imagine the frustration of missing out on new opportunities because you’re stuck waiting for payments. The uncertainty and stress of inconsistent cash flow can keep you up at night, worrying about how to keep your business running smoothly.

What Makes Us Different

Our factoring service advances you the cash you need from your unpaid invoices, giving you immediate access to funds without waiting for your clients to pay. We handle the invoice collection, so you can focus on running your business.

Same-Day Funding

Receive your funds within 24 hours, ensuring quick access to the cash you need.

Improved Fuel Card Program

Save significantly on fuel costs at over 2,600 locations nationwide and access credit lines of up to $3,200 per truck, per week.

Competitive Advance Rates

Benefit from industry-leading advance rates that allow you to access more of your money upfront, supporting your cash flow needs.

Upload Invoices Online

Easily manage your account and submit invoices through our user-friendly mobile and web app, streamlining the factoring process.

No Hidden Fees

Enjoy transparent pricing with no additional fees, such as ACH fees or invoice-uploading fees, so you know exactly what to expect.

Discounts for U.S. Veterans

We proudly support our service members with additional savings for all new RTS factoring customers who served in the U.S. military.

Frequently Asked Questions (FAQ)

Invoice factoring is a financial service where a business sells its unpaid invoices to a factoring company at a discount in exchange for immediate cash. This helps businesses maintain cash flow without waiting for clients to pay.

You can receive your funds within 24 hours after submitting your invoices. Our fast processing ensures you have the cash you need without delay.

Our fees range from 1.0% to 3.5% per invoice, depending on the plan you choose. There are no hidden fees, such as ACH fees or invoice-uploading fees.

No, invoice factoring is not a loan. It is a financial transaction where you sell your invoices to a factoring company for immediate cash. This means no debt is incurred.

We factor invoices from shippers, brokers, and other clients in the trucking and transportation industry. The invoices must be valid and payable.

Yes, since we manage the collections process, your clients will be notified to make payments directly to us. However, this is handled professionally to maintain good client relationships.

If you opt for non-recourse factoring, we assume the risk of non-payment, meaning you are protected if your client fails to pay. For recourse factoring, you may need to buy back the invoice if it remains unpaid.

Getting started is simple. Contact us to discuss your needs, and we’ll guide you through the setup process. You can start submitting invoices and receiving funds quickly.

Yes, we proudly offer additional savings and benefits for U.S. veterans who are new RTS factoring customers. This includes lower factoring fees and special discounts.

Start Improving Your Cash Flow Today

Sign up now and receive your first funding within 24 hours! Enjoy our lowest factoring rates and special discounts for new customers. Act now to secure your spot!

Find us

Contact Us:
Phone:+1 609 881 0081
Business Hours:
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
Sunday
8 am – 5:30 pm
8 am – 5:30 pm
8 am – 5:30 pm
8 am – 5:30 pm
8 am – 5:30 pm
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