Touch Financial
4.9
230 Reviews

Freight Factoring

Freight and Trucking firms are often paid beyond 30 days of raising a freight bill. Truck factoring companies and freight factoring companies are experts at turning those 30+ day payment terms into just 24 hours. This means that you receive your cash almost immediately after raising your invoices/bills. What will you use the cash for?

Freight and Truck Factoring

Here are the three steps basic on how a factoring company for trucking and freight businesses will work:

  1. You raise a freight bill/invoice with your customer and send a copy of it to your freight factoring company
  2. You then receive a pre-arranged cash value of that payment from the freight factoring company, usually within 24 hours
  3. Once the payment terms fall due, either you or your factoring company will collect the payment

How can Touch Financial help you?

The consultants at Touch Financial are experts at matching your business to specialist factoring companies for trucking and freight firms. You will be provided with the following (all free of charge):

  • Our FCA regulated consultants will listen to your needs and expectations
  • If freight bill factoring is a good fit for your business, we will consult with our panel of our 30 specialist lenders, finding you the best lender for your requirements and expectations
  • We will support you through the set-up of your facility, using our industry expertise to guide your decision making
  • Once your facility begins, we will provide an aftercare service, free of charge, so you know that you will continue to receive the service levels and cash availability that you require even as your business grows

Touch Financial are one of the UK’s largest trucking factoring companies, supplying factoring for freight brokers across the UK and dealing with over 35 of the UK’s top factoring lenders. To set up your freight or trucking facility today, fill in the contact form, give us a call or speak to an agent on our live chat.

The Freight and Trucking industry has it’s own set of funding challenges. Let us help you find the best funding solution for your needs via our freight invoice factoring services.

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Touch Financial Rated 4.9/5 based on 217 customer reviews. See reviews here »

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