Receivables Finance

Low Receivables Finance Rates Available

At First Financial Factoring, one of the major factors we take into consideration with account receivables factoring is the credit-worthiness of our prospective clients’ customers. Since we ultimately collect our receivables finance fees from them, we can give much more leeway to start-up businesses and companies with troubled financial histories. If you’re worried that having no credit or bad credit will result in your being offered a high interest rate, don’t be. Many start-up ventures and businesses with bad credit records have used our services for factoring receivables to actually improve their credit ratings. Credit companies do not view factored invoices as debts, and the excess cash they generate make your financial reports look much healthier. After a few quarters of financing factor receivables with us, your credit can improve to a state where negotiating future loans is a much more affordable prospect.

Factoring Receivables for Essential Revenue

Our clients include many companies that were able to identify powerful opportunities that would help them to grow their businesses, but they just didn’t have the cash on hand to make them happen. Factoring receivables has provided immediate financial relief for these companies, and they’ve all gone on to invest in their businesses and compete more effectively. If you’ve found yourself in a similar situation with your enterprise, don’t let those prime opportunities for expansion pass you by. Call our receivables finance experts toll free at 866-654-8314 and tell them a little bit about your company so that we can start planning a customized funding solution just for you.

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.