Secure Cash Flow with Heavy Machinery Transport Factoring
Little Mountain understands that transporting heavy machinery comes with its own set of challenges, especially when dealing with unsteady cash flow. With everything you have to manage in your heavy equipment haulage business, cash flow shouldn’t be a concern. Our heavy machinery transport factoring services can help.
How Heavy Machinery Freight Factoring Works
How Heavy Machinery Freight Factoring Works
There may be times when you have many invoices awaiting payments on terms of anywhere between 30 and 120 days. That is a long time to wait when you have costs to cover and deliveries to make. With our factoring for heavy equipment carriers, we enable you to free up all that frozen income. You can maintain liquidity and keep your business operating without any delays or snags. We do this by factoring your outstanding invoices and giving you a percentage of their face value immediately. We then assume the burden of collecting payment from your clients, leaving you free to put your energy into your core business.
Once we receive payment, we pay the outstanding balance to you minus a small fee for our services. Perhaps most importantly, this is not a loan, and the success of your application does not depend on your credit history. Instead, we check your clients’ credit history since we would be collecting payment from them.
Optimizing Cash Flow with Heavy Machinery Factoring
Instead of waiting months to receive payment from your clients and struggling with restricted cash flow in the meantime, heavy machinery freight factoring empowers you to receive payment within a day or two. This instant cash injection enables you to keep your bills up to date, fuel your trucks, and pay your staff without worrying about your accounts going into the red.
With improved cash flow, you can also consider equipment upgrades and other capital expenditures, allowing you to grow your fleet and expand your business. Plus, you can focus on your core operations, knowing that a dedicated, competent team is handling the task of collecting payments from your clients.
Optimizing Cash Flow with Heavy Machinery Factoring
Instead of waiting months to receive payment from your clients and struggling with restricted cash flow in the meantime, heavy machinery freight factoring empowers you to receive payment within a day or two. This instant cash injection enables you to keep your bills up to date, fuel your trucks, and pay your staff without worrying about your accounts going into the red.
With improved cash flow, you can also consider equipment upgrades and other capital expenditures, allowing you to grow your fleet and expand your business. Plus, you can focus on your core operations, knowing that a dedicated, competent team is handling the task of collecting payments from your clients.
Apply for Heavy Machinery Freight Factoring
Obtaining finance for heavy machinery transportation could not be easier. Simply fill out our online application form. If you send us your invoices before 3 PM, you can receive payment on the same day. We handle all the necessary credit checks on your customers and can perform additional reviews and risk assessments if needed.
Apply for Heavy Machinery Freight Factoring
Obtaining finance for heavy machinery transportation could not be easier. Simply fill out our online application form. If you send us your paperwork before 3 PM, you can receive payment on the same day. We handle all the necessary credit checks on your customers and can perform additional reviews and risk assessments if needed.
Frequently Asked Questions About Heavy Machinery Factoring
Contact Us for Your Heavy Machinery Factoring Needs
If you are ready to relieve your cash flow problems and free up capital with heavy machinery transport factoring, contact Little Mountain today.
Allow Us the Honor of Serving You
We know the transportation industry and have years of experience to back that knowledge, and that’s why we know that as a trucking company or an independent owner-operator, you are the backbone of our country’s supply chain infrastructure, we will always value you as you should be valued. Allow us the honor of serving you, we’re here to help.