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Learn the difference between freight forwarder vs freight broker with Triumph Business Capital. Learn about our factoring for freight brokers solutions below.
What are freight broker factoring companies?
Freight broker factoring companies offer freight broker factoring to businesses that require business capital. When a company needs to optimize cash flow, it can sell its outstanding invoices at a small discount to a factoring company. The factoring company then collects the debt. We know managing cash flow, protecting your credit rating, and securing truck capacity is top of mind. Fast financing from Triumph protects your shipper relationships, gets your carriers paid fast and guides you on your path toward success.
Why use freight factoring?
Factoring takes the billing and collecting off your shoulders. It improves relationships with customers by taking payment matters out of your interactions. Factoring can allow you to pay vendors more quickly and take advantage of their discount offers, saving you money.
Freight factoring with Triumph Business Capital services:
QuickPay options get carriers paid in 24 hours, leading to more revenue for your business.
MyTriumph Web Portal simplifies the invoice submission process and gives you access to credit checks on current or potential clients.
Our partnership provides your business with a team of industry experts and veterans who treat your carriers and customers like our own.
AscendTMS can seamlessly integrate with your Triumph account – get a free trial!
freight forwarder vs freight broker
Get access to TriumphPay, the premier carrier payment platform used by some of the largest brokers in the country.
Find out more about freight forwarder vs freight broker with Triumph Business Capital - give us a call today!
Website: https://www.invoicefactoring.com/services/freight-brokers/
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