Contract Factoring

The contract on desktop

Contract Factoring at Low Rates
Many of our competitors provide their clients with services that simply replace one funding problem with another. When you finance receivables with Contract Factoring companies that charge inflated rates, you’ll benefit from a buffer of available cash but you’ll pay a high price. In the end, your receivables funding solution just might become the next budgeting problem for your business.

But when you choose First Financial Factoring from day one, you’ll get daily cash advances on your purchase receivables at the lowest rates in the industry. If you have additional questions, call us today and ask for more details about Contract Factoring .

Avoid Shortfalls from Contract Factoring

Every business that counts on its customers to pay their invoices in a timely manner is running a significant risk. All it takes is one bad month where Contract Factoring come in late, and you might find yourself unable to make your payroll, order your next load of supplies or even pay your taxes. Once these problems occur, they can be extremely difficult to fix. But if you set up an account with First Financial Factoring, you can ensure that you won’t have to deal with this crisis. We disburse receivables on a daily basis, so you can essentially get paid on delivery for every service you perform or product you ship. Budget shortfalls will be a thing of the past, and your newfound capital surplus can allow you to grow your business at an accelerated rate.

Top 10

Check out the top 10 reasons more trucking and
freight companies choose us:

1. More cash flow.

Compared to other financial institutions, First Financial Factoring has unique experience in trucking that enables us to get better terms and pass them on to you.  Bottom line, we charge you the lowest rates and deliver the best advance rates in the business.

2. Greater loyalty.

Drivers and owner-operators who get paid on time deliver better and more consistent service to your customers. Your financial reliability to them means having a team that will watch your back.

3. More time.

When you can forget about chasing down invoices, juggling payments and generally sweating the financials, you can concentrate on how to take your freight business to the next level.

4. Fewer bad debt expenses

Our careful screening and approval of your customer’s credit means you never pick up a load until you know payment will be there.

5. Getter credit.

With factoring, your company incurs no debt. Your balance sheet looks good to other financiers and that improved credit rating leads you to develop your trucking operation however you see fit.

6. Increased sales.

The flexibility that our reliable cash flow provides you the power to expand your business a little or a lot and bring in more revenue.

7. Less hassle.

No more collection agencies. No more tough-to-make client calls. One of our professionals will be dedicated to managing all your open invoices.

8. More loads and better routes

When you can afford to work with bigger organizations who tend to require 30 to 45 day payment schedules, those high paying brokers and shippers give you more business and better terms.

9. Less wasted money.

A predictable cash flow that covers your daily expenses like diesel, repairs, and permits, helps avoid costly fines, penalties and bank overdrafts.

10. More know-how.

50 years on the job with every conceivable kind of trucking company gives First Financial Factoring the background to make things go faster and smoother, keep your customers happier, and bring you greater value every day.