Contact Us Form

or Call Us At 866-593-2205

Email Us

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Do Your Receivables Turn as Quickly as You Would Like -
Our Trucking Factoring Company
Can Give
Your Truck Company
The Money You Want

North Carolina Factoring Companies

and North-Carolina-Factoring-Companies.sportingrumors.com.

best trucking factoring company

trucking invoice factoring companies

factoring trucking receivables

freight factoring for brokers

http://www.ocf.com/company-sitemap.html

Advice to Companies Whose Cash Flow is Troubling - Pick 

A Freight Bill�Factoring Company  Instead Of A Regular Bank Financing

How to Increase Money Flow Without Loaning -Cash Money flow is one of the main reasons businesses fail.

 

"

Charlotte /'??rl?t/ is the largest city in the U.S. state of North Carolina, the seat of Mecklenburg County, the second largest city in the Southeastern United States, just behind Jacksonville, Florida, and the third fastest-growing major city in the United States. In 2013, the estimated population of Charlotte according to the U.S. Census Bureau was 792,862, making it the 16th largest city in the United States based on population. The Charlotte metropolitan area ranks 23rd largest in the US and had a 2013 population of 2,335,358. The Charlotte metropolitan area is part of a sixteen-county market region or combined statistical area with a 2013 U.S. Census population estimate of 2,493,040. Residents of Charlotte are referred to as ""Charlotteans"".The city is a major U.S. financial center, with both and 's East Coast operations headquartered in the city. Nicknamed the Queen City, Charlotte and its resident county received its name in honor of Charlotte of Mecklenburg-Strelitz, who had become queen consort of Great Britain the year before the city's founding. A second nickname derives from the American Revolutionary War, when British commander General Cornwallis occupied the city but was driven out by hostile residents, prompting him to write that Charlotte was ""a hornet's nest of rebellion"", leading to the nickname The Hornet's Nest.Charlotte has a humid subtropical climate. Charlotte is located several miles east of the Catawba River and southeast of Lake Norman, the largest man-made lake in North Carolina. Lake Wylie and Mountain Island Lake are two smaller man-made lakes located near the city.Charlotte has become a major U.S. financial center and is now the second largest banking center in the United States (after New York).[] The nation's second largest financial institution by assets, , calls the city home. The city was also the former corporate home of Wachovia until its 2008 acquisition by in San Francisco CA; integrated legacy Wachovia, with the two banks fully merged at the end of 2011, which included transitioning all of the Wachovia branches in the Carolinas to branches by October 2011. Since then, Charlotte became the regional headquarters for East Coast Operations of , which is headquartered in San Francisco, California. Charlotte also serves as the headquarters for 's capital markets activities including sales and trading, equity research, and investment banking. 's headquarters, along with other regional banking and financial services companies, are located primarily in the Uptown central business district.

 

Raleigh (/'r??li/; RAH-lee) is the capital of the state of North Carolina as well as the seat of Wake County in the United States. Raleigh is known as the ""City of Oaks"" for its many oak trees, which line the streets in the heart of the city. The city covers a land area of 142.8 square miles (370 km2). The U.S. Census Bureau estimates the city's population to be 431,746 as of July 1, 2013. It is also one of the fastest-growing cities in the country. The city of Raleigh is named after Sir Walter Raleigh, who established the lost Roanoke Colony in present-day Dare County.Raleigh is home to North Carolina State University and is part of the Research Triangle area, together with Durham (home of Duke University) and Chapel Hill (home of University of North Carolina at Chapel Hill). The ""Triangle"" nickname originated after the 1959 creation of the Research Triangle Park, located in Durham & Wake Counties partway between the three cities and their universities. The Research Triangle region encompasses the U.S. Census Bureau's Raleigh-Durham-Chapel Hill Combined Statistical Area (CSA), which had an estimated population of 2,037,430 in 2013. The Raleigh Metropolitan Statistical Area (MSA) had an estimated population of 1,214,516 in 2013.Most of Raleigh is located within Wake County, with a very small portion extending into Durham County. The towns of Cary, Morrisville, Garner, Clayton, Wake Forest, Apex, Holly Springs, Fuquay-Varina, Knightdale, Wendell, Zebulon, and Rolesville are some of Raleigh's primary nearby suburbs and satellite towns.Raleigh is an early example in the United States of a planned city, chosen as the site of the state capital in 1788 and incorporated in 1792 as such. The city was originally laid out in a grid pattern with the North Carolina State Capitol in Union Square at the center. In the United States Civil War the city was spared from any significant battle, only falling in the closing days of the war, though it did not escape the economic hardships that plagued the rest of the American South during the Reconstruction Era. The twentieth century saw the opening of the Research Triangle Park in 1959, and with the jobs it created the region and city saw a large iux of population, making it one of the fastest growing communities in the United States by the early 21st century.Raleigh is home to numerous cultural, educational, and historic sites. The Progress Energy Center for the Performing Arts in Downtown Raleigh features three theater venues and serves as the home for the North Carolina Symphony and the Carolina Ballet. Walnut Creek Amphitheatre is a large music amphitheater located in Southeast Raleigh. Museums in Raleigh include the North Carolina Museum of Art in West Raleigh, as well as the North Carolina Museum of History and North Carolina Museum of Natural Sciences located next to each other near the State Capitol in Downtown Raleigh. Several major universities and colleges call Raleigh home, including North Carolina State University, the largest public university in the state, and Shaw University, the first historically black university in the American South and site of the foundation of the Student Nonviolent Coordinating Committee, an important civil rights organization of the 1960s. One U.S. president, Andrew Johnson, was born in Raleigh.Raleigh's industrial base includes banking/financial services; electrical, medical, electronic and telecommunications equipment; clothing and apparel; food processing; paper products; and pharmaceuticals. Raleigh is part of North Carolina's Research Triangle, one of the country's largest and most successful research parks, and a major center in the United States for high-tech and biotech research, as well as advanced textile development. The city is a major retail shipping point for eastern North Carolina and a wholesale distributing point for the grocery industry.

 

Greensboro (i/'gri?nzb?ro?/) (formerly Greensborough) is a city in the U.S. state of North Carolina. It is the third-largest city by population in North Carolina and the largest city in Guil County and the surrounding Piedmont Triad metropolitan region. According to the 2012 U.S. Census Estimate, Greensboro's population is 277,080. It is located at the intersection of three major interstate highways (Interstate 85, Interstate 40 and Interstate 73) in the Piedmont region of central North Carolina.In 2003, the previous Greensboro � Winston-Salem � High Point metropolitan statistical area (MSA) was re-defined by the U.S. Office of Management and Budget, resulting in the formation of the Greensboro-High Point MSA and the Winston-Salem MSA. The 2010 population for the Greensboro-High Point MSA was 723,801. The Greensboro � Winston-Salem � High Point combined statistical area (CSA), popularly referred to as the Piedmont Triad, had a population of 1,599,477.In 1808, Greensborough (the spelling before 1895) was planned around a central courthouse square to succeed the nearby town of Guil Court House as the county seat. This act moved the county courts closer to the geographical center of the county, a location more easily reached by the majority of the county's citizens.The Greensboro economy and the surrounding Piedmont Triad area, traditionally has been centered around textiles, tobacco, and furniture. Greensboro's central proximity in the state has made it a popular place for families and businesses, as well as becoming more of a logistical hub with having regional operations based in the city.

 

Durham is a city in the U.S. state of North Carolina. It is the county seat of Durham County, though portions also extend into Wake County in the east and Orange County in the west.The U.S. Census Bureau estimates the city's population to be 245,475 as of July 1, 2013. Durham is the core of the four-county Durham-Chapel Hill Metropolitan Area. which has a population of 534,578 as of U.S. Census 2013 Population Estimates. The US Office of Management and Budget also includes Durham as a part of the Raleigh-Durham-Chapel Hill Combined Statistical Area, which has a population of 2,037,430 as of U.S. Census 2013 Population Estimates.It is the home of Duke University and North Carolina Central University, and is also one of the vertices of the Research Triangle area (home of the Research Triangle Park).Duke University and Duke University Health System are Durham's largest employers. Below is a list of Durham's largest employers.[29]

 

Winston-Salem is a city in and the county seat of Forsyth County, North Carolina, United States. With a 2013 estimated population of 236,441, it is the second largest municipality in the Piedmont Triad region and the fourth largest city in the state. Winston-Salem is home to the tallest office building in the region, 100 North Main Street, formerly the Building and now known locally as theFargo Center.Winston-Salem is called the ""Twin City"" for its dual heritage and ""City of the Arts and Innovation"" for its dedication to fine arts and theater and technological research. "" City"" is a reference to the city's historic involvement in the tobacco industry related to locally based Tobacco Company's cigarettes. Winston-Salem is also known for its traditional furniture company. Many locals refer to the city as ""Winston"" in informal speech. ""The "" is referenced from the hyphen between Winston and Salem and was popularized by the nickname of the local minor league baseball team, the Winston-Salem .In 2012, the city was listed among the 10 best places to retire in the U.S. by CBS MoneyWatch.It is the location of the corporate headquarters of Trust Company, is also headquartered in Winston-Salem. Corporation was based in Winston-Salem until it merged with Union Corporation in September 2001; the corporate headquarters of the combined company was located in Charlotte, until it was purchased by in December 2008. Co has its Customer Service Center located in Winston-Salem.

 

Fayetteville (/'fe??t?v?l/) is a city in Cumberland County, North Carolina, United States. It is the county seat of Cumberland County,[3] and is best known as the home of Fort Bragg, a major U.S. Army installation northwest of the city.Fayetteville has received the prestigious All-America City Award from the National Civic League three times. As of the 2010 census it had a population of 200,564, with an estimated population of 204,408 in 2013. It currently ranks as the sixth-largest municipality in North Carolina. Fayetteville is in the Sandhills in the western part of the Coastal Plain region, on the Cape Fear River.With an estimated population in 2013 of 377,193, the Fayetteville metropolitan area is the largest in southeastern North Carolina, and the fifth-largest in the state. Suburban areas of metro Fayetteville include Fort Bragg, Hope Mills, Spring Lake, Rae, Pope Field, Rockfish, Stedman, and Eastover. Fayetteville's current mayor is Nat Robertson, who is serving his first term.Fort Bragg is the backbone of the county's economy. Fort Bragg and Pope Field pump about $4.5 billion a year into the region's economy,[] making Fayetteville one of the best retail markets in the country. Fayetteville serves as the region's hub for shops, restaurants, services, lodging, health care and entertainment. Fayetteville boasts a low unemployment rate with a large labor pool of trained professionals.

 

Cary /'k??ri/ is the seventh largest municipality in North Carolina. Cary is in Wake and Chatham counties in the U.S. state of North Carolina. Located almost entirely in Wake County, it is the second largest municipality in that county and the third largest municipality in The Triangle after Raleigh and Durham. The town's population was 135,234 as of the 2010 census (an increase of 43.1% since 2000), making it the largest town and seventh largest municipality statewide.[3] The U.S. Census Bureau estimates the town's population to be 151,088 as of July 1, 2013. Cary is currently the second most populous incorporated town (behind only Gilbert, Arizona) in the United States. According to the US Census Bureau, Cary was the 5th fastest growing municipality in the United States between September 1, 2006, and September 1, 2007. Cary is often considered one of the safest cities in the US, due to its extremely low crime rate.Raleigh, Durham, and Chapel Hill make up the three primary cities of the Research Triangle metropolitan region even though today Cary is the 3rd largest municipality in the metropolitan area. The regional nickname of ""The Triangle"" originated after the 1959 creation of the Research Triangle Park, primarily located in Durham County, four miles from downtown Durham. RTP is bordered on three sides by the city of Durham and is roughly midway between the cities of Raleigh and Chapel Hill, and three major research universities of NC State University, Duke University, and UNC-Chapel Hill.Effective June 6, 2003, the U.S. Office of Management and Budget (OMB) redefined the Federal statistical areas and dismantled what had been for decades the Raleigh-Durham-Chapel Hill, MSA and split them into two separate metro areas. This resulted in the formation of the Raleigh-Cary, NC Metro Area and the Durham-Chapel Hill, NC Metro Area.The Research Triangle region encompasses OMB's Combined Statistical Area (CSA) of Raleigh-Durham-Chapel Hill in the central Piedmont region of North Carolina. As of 2012, the population of the Raleigh-Durham-Chapel Hill CSA was 1,998,808. The Raleigh-Cary Metropolitan Statistical Area (MSA) as of Census 2010 was 1,130,490.According to the Town's 2009 Comprehensive Annual Financial Report,[22] the top employers in the town are:

 

Wilmington is a port city in � and is the county seat of � New Hanover County in coastal southeastern North Carolina, United States. The population is 112,067; according to the 2010 Census it is the eighth most populous city in the state. Wilmington is the principal city of the Wilmington Metropolitan Statistical Area, a metropolitan area that includes New Hanover and Pender counties in southeastern North Carolina,[3] which has a population of 263,429 as of the 2012 Census Estimate.Wilmington was settled by European Americans along the Cape Fear River. Its historic downtown has a one-mile-long Riverwalk, originally developed as a tourist attraction, and in 2014 Wilmington's riverfront was named the ""Best American Riverfront"" by USA Today. It is minutes away from nearby beaches. The National Trust for Historic Preservation named Wilmington, North Carolina, as one of its 2008 Dozen Distinctive Destinations. City residents live between the river and the ocean, with four nearby beach communities: Fort Fisher, Wrightsville Beach, Carolina Beach, and Kure Beach, all within half-hour drives from downtown Wilmington.In 2003 the city was designated by the US Congress as a ""Coast Guard City"". It is home port for the USCGC Diligence, a United States Coast Guard medium endurance cutter. The World War II battleship USS North Carolina is held as a war memorial. Located across from the downtown port area, the ship is open to public tours. Other attractions include the Cape Fear Museum, the Wilmington Leagues soccer team, and the training camp site for the Charlotte Hornets. The University of North Carolina Wilmington (UNCW) provides a wide variety of programs for undergraduates, graduate students, and adult learners, in addition to cultural and sports events open to the community.Wilmington is the home of EUE Screen Gems Studios, the largest domestic television and movie production facility outside of California. ""Dream Stage 10,"" the facility's newest sound stage, is the third-largest in the US. It houses the largest special-effects water tank in North America. Since the studio's opening in 1984, Wilmington has become a major center of American film and television production. Numerous movies in a range of genres and several television series, including Iron Man 3 and NBC's Revolution, have been produced there.Wilmington's industrial base includes electrical, medical, electronic and telecommunications equipment; clothing and apparel; food processing; paper products; nuclear fuel; and pharmaceuticals. Wilmington is part of North Carolina's Research coast, adjacent to the Research Triangle Park in Raleigh, NC.

 

High Point is a city located in the Piedmont Triad region of the State of North Carolina. As of 2010 the city had a total population of 104,371, according to the United States Census Bureau. High Point is currently the ninth-largest municipality in North Carolina.High Point is known for its furniture, textiles, and bus manufacturing. The city is sometimes referred to as the ""Furniture Capital of the World"", a title long challenged by Grand Rapids, Michigan; its official slogan is ""North Carolina's International City"" due to the semi-annual High Point Market that attracts 100,000 exhibitors and buyers from around the world. The phone area code is 336.It is home to three universities: High Point University, a private Methodist-affiliated institution founded in 1924, and South University as well as Laurel University, a private interdenominational Christian university.Most of the city is located in Guil County, with portions spilling into neighboring Randolph, Davidson, and Forsyth counties. High Point is North Carolina's only city that extends into four counties.Once synonymous with furniture, hosiery, and Hatteras yachts, High Point has diversified its economy as a center for distribution and logistics, customer service, banking, manufacturing, photography and pharmaceuticals. The High Point Market remains a centerpiece to High Point's economy and the city's most recognized industry. Its bi-annual trade show is the largest furniture and furnishings industry event in the world. It is held in April and November of each year. Approximately 12,000,000 square feet (1,100,000 m2) of showroom space is used by 2300 exhibitors, in 188 separate buildings. Over 100 countries are represented through both vendors and visitors.[13]

 

Greenville is the county seat of Pitt County, principal city of the Greenville metropolitan area, and the 10th largest city in the state of North Carolina. Greenville is the health, entertainment, and educational hub of North Carolina's Tidewater and Coastal Plain. The city's official population as of the 2013 United States census estimate is 89,130 residents while the Greenville Metropolitan Area includes 174,263 people.[3] In January 2008 and January 2010, Greenville was named one of the nation's ""100 Best Communities for Young People"" by the America's Promise Alliance. In June 2012, Greenville was ranked in the top ten of the nation's ""Best Small Places For Business And Careers"" by Magazine. In 2010 Greenville was ranked twenty-fourth in mid-city business growth and development by Magazine.The city is also known as "" Pro Town USA"", as it is home for many top professional riders like Dave Mirra. Greenville is the home of East Carolina University, the second-largest university and fastest-growing campus in the University of North Carolina system, and Vidant Medical Center, the flagship hospital for Vidant Health and the teaching hospital for the Brody School of Medicine. The city has the fifth-highest percentage of residents in North Carolina � almost 30 percent � who have obtained bachelor�s degrees.Companies with headquarters in Greenville include . The city's industry historically was centered around the sale and processing of tobacco, but today the major industries are health care, education and manufacturing. The largest employer is dant (formerly Memorial Hospital) and the second largest is East Carolina University with specialized manufacturing and scientific industries augmenting the employment portfolio. Vidant Health is also home to the robotic heart surgery training center directed by Dr. Randolph Chitwood who holds several patents related to the daVinci surgical robot.

 

Asheville is a city in and the county seat of Buncombe County, North Carolina, United States. It is the largest city in Western North Carolina, and the 11th largest city in North Carolina. The city's population was 83,393 according to the 2010 United States census. It is the principal city in the four-county Asheville metropolitan area, with a population of 424,858 in 2010. Asheville is home to the United States National Climatic Data Center (NCDC), the world's largest active archive of weather data.According to the city's 2009 Comprehensive Annual Financial Report,[52] the largest employers in the city are:

 

Concord (kon-kord) is a city in the U.S. state of North Carolina. As of the 2010 census, the city had a population of 79,066,[3] with an estimated population in 2013 of 83,506. It is the largest city in Cabarrus County and is the county seat. In terms of population, the city of Concord is the second largest city in the Charlotte Metropolitan Area and is the twelfth largest city in North Carolina.The city was a winner of the All-America City Award in 2004. Located near the center of Cabarrus County, it is 20 miles (32 km) northeast of Charlotte center city.Concord is the home of Charlotte Speedway and numerous driver headquarters.Concord has a diverse economy comprising shipping and transportation, banking, manufacturing, sports, and various service sectors.

 

Gastonia is the largest city and county seat of Gaston County, North Carolina, United States. It is also the second largest satellite city of the Charlotte area, behind Concord. The population was 71,741 at the 2010 Census. Gastonia is the 13th largest city in North Carolina.[3] It is part of the Charlotte metropolitan area, officially designated the Charlotte Metropolitan Statistical Area (MSA). Gastonia has experienced steady growth, with a population increase between 2000 and 2010 of nearly 8.2%, according to the U.S. Census Bureau.Many shutdowns and job losses have plagued Gastonia over the past decade. Gastonia maintains a relatively strong manufacturing workforce, but many workers are laid off and many more are facing job losses. The city had an unemployment rate of 7.9% as of 2010; 12,536 of the 71,341 residents lived and worked in the city, with a daytime population change of +10,610. The city is the international corporate headquarters for textile company Mills, the number one manufacturer of spun yarn in the world. The company also operated two production facilities in Gastonia and several in surrounding communities. Parkdale, like many other companies, has closed plants and moved production to other countries.

 

Jacksonville, (/'d?�ks?n?v?l/) is a city in Onslow County, North Carolina, United States. As of the 2010 United States census, the population stood at 70,145, which makes Jacksonville the 14th largest city in North Carolina.[3] Jacksonville is the principal city of and is included in the Jacksonville, North Carolina metropolitan area. In 2014, magazine ranked Jacksonville as the fifth fastest-growing small city in the United States. Demographically, Jacksonville is the youngest city in the United States with an average age of 22.8 years old, which can be attributed to the large military presence. The low age may also be in part due to the population drastically going up over the past 80 years, from a mere 783 in the 1930 census to 70,145 in the 2010 census.It is the county seat of Onslow County, and the home of the United States Marine Corps' Marine Corps Base Camp Lejeune and Marine Corps Air Station New River. Jacksonville is located adjacent to North Carolina's Southern Outer Banks (SOBX) area.According to the City's 2012 Comprehensive Annual Financial Report, the top employers in the city are:

 

Chapel Hill is a town in Orange County, North Carolina (with some eastern portions in Durham County), and the home of the University of North Carolina at Chapel Hill and UNC Health Care. The population was 57,233 at the 2010 census; Chapel Hill is the 16th-largest municipality in North Carolina.Chapel Hill, Durham, and Raleigh make up the three corners of the Research Triangle, so named in 1959 with the creation of Research Triangle Park, a research park between Durham and Raleigh. Chapel Hill is one of the central cities of the Durham-Chapel Hill MSA, which in turn is part of the Raleigh-Durham-Chapel Hill Combined Statistical Area, with a population of 1,998,808.

 

Rocky Mount is a city in Edgecombe and Nash counties in the coastal plain of the state of North Carolina. Although it was not formally incorporated until February 28, 1907, the North Carolina community that became the city of Rocky Mount dates from the beginning of the 19th century. The first post office in the area opened in 1816. The city's population is currently at 57,477.Rocky Mount is the principal city of the Rocky Mount, North Carolina area, which encompasses all of both Edgecombe and Nash counties. Rocky Mount is also a part of a Combined Statistical Area which encompasses both Rocky Mount and Wilson metropolitan areas. The Rocky Mount�Wilson CSA population is currently over 200,000 residents. Rocky Mount is about 45 minutes away from the state capital, Raleigh. It is also apart of the Raleigh-Durham-Cary CSA with a grand population of 2,132,523.Rocky Mount has a growing arts community. The city operates the Maria V. Howard Arts Center, a Children's Museum & Science Center, and a Community Theater at the Imperial Centre for Arts & Sciences.[3]Recently, the City also renovated the Douglas Block, located in Downtown Rocky Mount. Six historically significant buildings, all of which comprised the African American business district of the Downtown area in the early to mid-1900�s, was a part of this renovation. The Douglas Block also includes Thelonious Monk Plaza, named after Rocky Mount native and jazz musician Thelonious Monk. Rocky Mount municipal building, located in downtown Rocky Mount.

 

Burlington is a city in Alamance county in the U.S. state of North Carolina. It is the prin"

"

iture industry. Likewise experience with textile manufacturing and easy access to power drove new industries in both fiber-optic cable and pressure-sensitive tape.

 

Goldsboro is a city in Wayne County, North Carolina, United States. The population was 36,437 at the 2010 Census. It is the principal city of and is included in the Goldsboro, North Carolina Metropolitan Statistical Area. The nearby town of Waynesboro was founded in 1787 and Goldsboro was incorporated in 1847. It is the county seat of Wayne County. The city is situated in North Carolina's Coastal Plain and is bordered on the south by the Neuse River and the west by the Little River, about 43 miles southwest of Greenville and 55 miles southeast of Raleigh, the state capital and 87 miles northwest of Wilmington in Southeastern North Carolina. Goldsboro is best known as home to Seymour Johnson Air Force Base.

 

Indian Trail is a suburban town in Union County, North Carolina, United States. Founded on March 12, 1861, the town holds a history of traders traveling along the ""Indian Trail,"" which ran from Petersburg, Virginia, to the Waxhaw Indians, and gold mining. Indian Trail was first a farming community; however, German and Scot-Irish settlers began to move into the area due to its geographical location. In 1874, the Seaboard Coast Line Railroad was built between the cities Charlotte, North Carolina and Monroe, North Carolina. The railroad, which runs through the town, brought prosperity to the area. Indian Trail was incorporated as a town in 1907, with established city limits based upon a one-half mile radius from the intersection of Indian Trail Road and the Seaboard Railroad. Indian Trail has grown rapidly in the 21st Century: a 2011 CNN article stated that Indian Trail's census count jumped from 1,942 in 1990 to 33,518 in 2010. Every Fourth of July the town holds an annual parade which is one of the biggest parades in the Charlotte metropolitan area.

 

Mooresville is a town in southern Iredell County, North Carolina, USA. It is in the Metrolina metro area, and is on Lake Norman. The population was 32,711 at the 2010 United States Census. It is located approximately 25 miles north of Charlotte.Mooresville is best known as the home of many racing teams and drivers, along with an IndyCar team and its drivers, as well as racing technology suppliers, which has earned the city the nickname ""Race City USA."" Also located in Mooresville is the corporate headquarters of Lowe's Companies and Technical Institute's Technical Institute.Mooresville is also a part owner of the cable television entity Communication System along with Davidson and Cornelius.

 

Wake Forest is a town in Wake County (with a small part in Franklin County) located in the U.S. state of North Carolina, and is located just north of the state capital, Raleigh. The population was 30,117 at the 2010 census, up from 12,588 at the 2000 census. The U.S. Census Bureau estimates the city's population to be 34,752 as of July 1, 2013. In 2007, the town was listed by magazine as the 20th fastest growing suburb in America, with a 73.2 percent increase in population between 2000 and 2006. Wake Forest was the original home of Wake Forest University for 122 years before it moved to Winston-Salem in 1956.The US Office of Management and Budget also includes Wake Forest as a part of the Raleigh-Durham-Chapel Hill Combined Statistical Area, which has a population of 1,998,808 as of U.S. Census 2012 Population Estimates. Effective June 6, 2003 the Office of Management and Budget redefined the Federal Statistical Areas and dismantled what had been for decades the Raleigh-Durham-Chapel Hill, MSA and split them into two separate MSAs even though the region still functions as a single metropolitan area.

 

Monroe is a fast-growing city and the county seat in Union County, North Carolina, United States. The population jumped from 26,228 in 2000 to 36,397 in 2010. It is the seat of government of Union County and is also part of the Charlotte-Gastonia-Rock Hill, NC-SC Metropolitan area. Monroe uses a council-manager form of government.

 

Salisbury /'s??lzb?ri/ SAULZ-ber-ee is a city in and the county seat of Rowan County, North Carolina. The population was 33,663 in the 2010 Census (growing 27.8% from the previous Census in 2000). Salisbury is the home to famed North Carolina soft drink, Cheerwine, regional supermarket Food Lion, and the National Sportscasters and Sportswriters Association. It is one of only two cities in North Carolina to have gigabit capacity through its municipally-owned broadband system Fibrant.Salisbury has developed a strong record of historic preservation over the last few decades. It is the site of a noted prisoner of war camp during the American Civil War and has ten National Register historic districts. The city has many historic homes and commercial buildings dating from the 19th century and early 20th century, several of which are individually listed on the National Register of Historic Places.Major employers in Salisbury include the headquarters of Food Lion, a regional grocery chain that is one of the US subsidiaries of Delhaize, Delhaize USA, Bottom Dollar Food (Delhaize subsidiary), Bloom (Delhaize subsidiary), the W.G. (Bill) Hefner VA Medical Center, the City of Salisbury and the County of Rowan. Rowan Regional Medical Center and the Rowan Salisbury School System, are also major employers. Smaller employers include textile mills and other manufacturing businesses.[]

 

New Bern /'nu?b?rn/ is a city in Craven County, North Carolina, United States. As of the 2010 census it had a population of 29,524, which had risen to an estimated 30,242 as of 2013. It is the county seat of Craven County and the principal city of the New Bern micropolitan area.It is located at the couence of the Trent and the Neuse rivers, near the North Carolina coast. It lies 112 miles (180 km) east of Raleigh, 87 miles (140 km) northeast of Wilmington, and 162 miles (261 km) south of Norfolk. New Bern is the birthplace of Pepsi Cola.New Bern was settled in 1710 by Swiss and Palatine German immigrants. The new colonists named the settlement after Bern, the capital of Switzerland and hometown of their leader Christoph von Graffenried. The English connection with Switzerland had been established by some Marian exiles who sought refuge in Protestant parts of Switzerland. There were also marriages between the Royal House of Stuart and notable people in the history of Calvinism. The colonists later discovered they had started their settlement on the site of a former Tuscarora village named Chattoka. This caused coicts with the Tuscarora who were in the area.New Bern is the second-oldest European-American colonial town in North Carolina (after Bath).[] It served as the capital of the North Carolina colonial government, then briefly as the state capital. After the American Revolution, New Bern became wealthy and quickly developed a rich cultural life. At one time New Bern was called ""the Athens of the South,"" renowned for its Masonic Temple and Athens Theater. These are both still very active today.New Bern has four historic districts listed on the National Register of Historic Places; their numerous contributing buildings include residences, stores and churches dating back to the early eighteenth century. Within easy walking distance of the waterfront are more than 164 homes and buildings listed on the National Register. Also nearby are several bed and breakfasts, hotels, restaurants, banks, antiques stores and specialty shops. The historic districts contain many of the city's 2,000 crape myrtles�its official flower�and developed gardens. New Bern has two ""Local Historic Districts"", a municipal zoning overlay that afs legal protection to the exteriors of New Bern's irreplaceable historic structures. These areas provide much of New Bern's unique charm, appeal to retirees and heritage tourism, and contribute to the city's economic success. The Local Historic Districts, while vitally important to New Bern, comprise only 2.43% of New Bern's 27-square-mile area. There is considerable area available for new development.

 

San is a city in Lee County, North Carolina, United States. The population was 28,518 at the 2010 census. It is the county seat of Lee County.

 

Matthews is a large suburban town of Charlotte located in southeastern Mecklenburg County, North Carolina. The population was 27,198 according to the 2010 Census.One Fortune 500 company, Family Dollar Stores, has its headquarters in Matthews.

 

Holly Springs is a town in Wake County, North Carolina, United States. As of the 2010 census, the town population was 24,661, over 2� times its population in 2000.

 

Thomasville is a city in Davidson County, North Carolina. The population was 26,757 at the 2010 census. The city is notable for its furniture industry as are its neighbors of High Point and Lexington. This Piedmont Triad community was established in 1852 and hosts the state's oldest festival, ""Everybody's Day"". Built around the local railway system, Thomasville is home to the oldest railroad depot in the state, just a few hundred feet from the city's most notable landmark, ""The Big Chair"".Thomasville has been historically associated with furniture and cabinetry manufacture, as well as for a wholesale and retail furniture market. The company operates a plant in Lenoir, North Carolina.

 

Cornelius is a lakeside town located along Lake Norman in northern Mecklenburg County, North Carolina, United States. The population was 24,866 at the 2010 census.

 

Garner is a town in Wake County, North Carolina, United States and a suburb of Raleigh. The population was 25,745 at the 2010 census. The U.S. Census Bureau estimates the town's population to be 26,772 as of July 1, 2013.The US Office of Management and Budget also includes Garner as a part of the Raleigh-Durham-Chapel Hill Combined Statistical Area, which has a population of 1,998,808 as of U.S. Census 2012 Population Estimates. Effective June 6, 2003 the Office of Management and Budget redefined the Federal Statistical Areas and dismantled what had been for decades the Raleigh-Durham-Chapel Hill, MSA and split them into two separate MSAs even though the region still functions as a single metropolitan area.Butterball is based outside of Garner, with a Garner mailing address.

 

Asheboro is a city in and the county seat of Randolph County, North Carolina, United States. The population was 21,672 at the 2000 census. It is the home of the state-owned North Carolina Zoo.According to Asheboro's 2011 Comprehensive Annual Financial Report, the top employers in the city were:

 

Statesville is a small city located in Iredell County, North Carolina, United States and was named an All-America City in 1997 and 2009. The population was 24,633 at the 2010 census. It is the county seat of Iredell County and is located at the intersection of I-40 and I-77.

 

Mint Hill is a suburban town in southeastern Mecklenburg and northwestern Union counties in the U.S. state of North Carolina, it is a major suburb on the outskirts of Charlotte and near the Cabarrus County line. The population was 23,341 at the 2010 census.

 

Kernersville is a town in Forsyth County, in the US state of North Carolina. The population was 17,126 at the 2000 census. In the 2010 U.S. Census, the town's population was at 23,123. Kernersville is located at the heart of a metropolitan area, which consists of the cities of Greensboro, High Point, and Winston-Salem. Some of the rural farmland surrounding the town has been sold and turned into large middle-to-upper-class housing developments, and numerous large shopping centers have been built in the town over the past few years. Flue-cured tobacco was the major crop grown in the area and is still grown in some areas today. While Kernersville went through a growth spurt in the early part of this decade it has leveled off and farms are doing well for the most part in an attempt to revitalize the agriculture community.

 

Morrisville is a town in Wake County, North Carolina, United States. A small portion of the town extends into Durham County. The population was 18,576 at the 2010 census. The U.S. Census Bureau estimates the town's population to be 21,932 as of July 1, 2013. Morrisville is part of the Research Triangle metropolitan region. The regional name originated after the 1959 creation of the Research Triangle Park, located midway between the cities of Raleigh and Durham. The Research Triangle region encompasses the U.S. Census Bureau's Combined Statistical Area (CSA) of Raleigh-Durham-Cary. The estimated population of the Raleigh-Durham-Cary CSA was 1,565,223 as of July 1, 2006, with the Raleigh-Cary Metropolitan Statistical Area (MSA) portion estimated at 994,551 residents.Morrisville's location adjacent to the Research Triangle Park, Raleigh-Durham International Airport, and Interstate 40 makes it an attractive location for offices, light industry and hotels. ]

 

Lumberton is a city in Robeson County, North Carolina, United States. The population has grown to 21,542 in the 2010 census from 20,795 in the 2000 census. It is the county seat of Robeson County. Lumberton, located in southern North Carolina's Inner Banks region, is located on the Lumber River. Founded in 1787 by John Willis, an officer in the American Revolution, Lumberton was originally a shipping point for lumber used by the Navy, which was sent downriver to Georgetown, South Carolina. Most of the town's growth, however, began shortly after World War II.

 

Kinston is a city in Lenoir County, North Carolina, United States. The population was 21,677 at the 2010 Census. It has been the county seat of Lenoir County since its formation in 1791. Kinston is located in North Carolina's Inner Banks region.Kinston is home of the N.C. Global TransPark (GTP), a combined airport and industrial complex developed by the state in Lenoir County; Grainger Stadium, home to the Kinston Indians minor league baseball team through 2011; Caswell Center, a campus providing support services and boarding for the mentally handicapped; and Lenoir Memorial Hospital. Kinstons' Bill Fay Park is home to the Annual Allen Pearson Foundation Softball Tournament held each year annually during the first weekend in October. Annual festivities in Kinston include the Sand in the Streets concert series held at Pearson Park, the popular train rides, nature center, and planetarium located at Neuseway Park, and the Festival on the Neuse.In 2009, it was announced that Kinston is a recipient of the prestigious All-America City Award. This marks the second time in twenty years the city has won the title, the last time being in 1988.

 

Fuquay-Varina /'fju?kwe? v?'ri?n?/ is a town in Wake County, North Carolina, United States. The population was 18,644 in 2012 (State Certified as of July 1, 2012). The population was 17,937 at the 2010 census,[1] up from 7,898 at the 2000 census. The town is a 25-minute drive south of Raleigh, the capital of North Carolina. The hyphenated name belies the town's history as two separate towns. Fuquay Springs and Varina merged in 1963 to create the modern town. Economically, the town initially grew due to tobacco trade and agriculture, but has seen recent population growth and real estate development due to its proximity to the Research Triangle Park.

 

Havelock is a city in Craven County, North Carolina, United States. The population was 20,735 at the 2010 census. The city is home to Marine Corps Air Station Cherry Point, the world's largest Marine Corps air station, and home to the 2nd Marine Aircraft Wing.Havelock is part of the New Bern, North Carolina Micropolitan Statistical Area.

 

Carrboro is a town in Orange County in the U.S. state of North Carolina. The population was 19,582 at the 2010 census. The town, which is part of the Raleigh-Durham-Chapel Hill metropolitan statistical area, was named after North Carolina industrialist Julian Shakespeare Carr.Located directly west of Chapel Hill, home of the University of North Carolina's flagship campus, Carrboro has a reputation as one of the most progressive communities in the Southern United States. It was the first municipality in North Carolina to elect an openly gay mayor, Mike Nelson, in 1995 and the first municipality in the state to grant domestic-partner benefits to same-sex couples. In October 2002, Carrboro was among the first municipalities in the South to adopt resolutions opposing the Iraq War and the USA PATRIOT Act.Over the period 2008-2012, the median income for a household in the town was $45,159, and the median income for a family was $73,893. Males had a median income of $28,622 versus $26,198 for females. The per capita income for the town was $32,604. About 11.9% of families and 16.1% of the population were below the poverty line, including 21.4% of those under age 18 and 11.4% of those age 65 or over.[13]

 

Shelby is a city in and the county seat of Cleveland County, North Carolina, United States. The population was 20,323 at the 2010 census.

 

Clemmons is a village in Forsyth County, North Carolina and a suburb of Winston-Salem. The population was 19,329 at the 2013 census.

 

Lexington is the county seat of Davidson County, North Carolina, United States. As of the 2010 census, the city had a total population of 18,978. It is located in central North Carolina, twenty miles (32 km) south of Winston-Salem. Major highways include I-85, I-85B, U.S. Route 29, U.S. Route 70, U.S. Route 52 (soon to be I-285) and U.S. Route 64. Lexington is part of the Piedmont Triad region of the state.Lexington, Thomasville, and the rural areas surrounding them are slowly developing as residential bedroom communities for nearby cities such as Winston-Salem, Greensboro and High Point.

 

Elizabeth City is a city in Pasquotank County, North Carolina, in the United States. As of the 2010 census it had a population of 18,683. Elizabeth City is the county seat and largest city of Pasquotank County. It is the cultural, economic and educational hub of the sixteen-county Historic Albemarle region of northeastern North Carolina.[]Elizabeth City is the center of the Elizabeth City Micropolitan Statistical Area, with a population of 64,094 as of 2010.[8] The city is the economic center of the region, as well as home to many historic sites and cultural traditions.Marketed as the ""Harbor of Hospitality"", Elizabeth City has had a long history of shipping due to its location at a narrowed bend of the Pasquotank River.[9] Founded in 1794, Elizabeth City prospered early on from the Dismal Swamp Canal as a mercantile city, before later shifting later into a varied industrial and commercial focus. While Elizabeth City still retains its extensive waterfront property, it is linked to neighboring counties and cities by highways and bridges and serves as the site of the largest US Coast Guard base in the nation.

 

Boone is a town located in the Blue Ridge Mountains of western North Carolina, United States. Boone's population was 17,122 in 2010. Boone is the county seat of Watauga County and the home of Appalachian State University. The town is named for famous American pioneer and explorer Daniel Boone, and every summer since 1952 has hosted an outdoor amphitheatre portrayal of the life and times of its namesake.In 2012, Boone was listed among the 10 best places to retire in the U.S. by U.S. News.Samaritan's Purse is based in Boone.

 

"

North Carolina

 

Your Company may likely have discovered freight factoring but your company may likely not know exactly what it is or even more importantly what it can possibly do for your company. Invoice Factoring likewise called receivables funding is a type of asset based lending that can enhance a company's short-term cash flow. This is not a loan; no debt is assumed by Receivable Funding ,and the money is unrestricted. Factoring Loans Companies in Cash From Receivables North Carolina Factoring Companies at Staffingresource.org- delivering factoring industry services north-carolina-factoring-companies

Staffingresource.org-North Carolina Factoring Companies

Charlotte

North Carolina

Factoring Loans Companies

So the next period your trucking enterprise is having some temporary cash flow issues and you are putting in excessive time chasing slowly paying clients, why not start off thinking about employing a factoring companies as a method to get your money and give yourself a more comfortable future in the eyes of your trucking team and your bank dividend?

 

Accountreceivableloan.Org

Trucking Factoring Companies Reviews

So the next moment your trucking enterprise is enduring some short-term cash flow challenges and you are investing a lot of time chasing inactive paying clienteles, why not start thinking about employing a factoring businesses as a way to get your money and give yourself a more pleasant future in the eyes of your trucking staff and your bank dividend?

 



Trucking Factoring Companies-Truckingfactoring.Org

 

North Carolina leads the nation in the production of tobacco and is a major producer of textiles and furniture. It grows 40% of all U.S. tobacco, but the continuing trend is toward diversification. Broilers, hogs, turkeys, greenhouse products, sweet potatoes, corn, soybeans, peanuts, and eggs are important. Plentiful forests supply the thriving furniture and lumber industries. The state has long been a major textile manufacturer, producing cotton, synthetic, and silk goods as well as various kinds of knit items. Other leading manufactures are electrical machinery, computers, and chemicals; the Research Triangle complex near Chapel Hill has spurred high-tech manufacturing, as well as bringing federal jobs into the state. The state also has mineral resources: It leads the nation in the production of feldspar, mica, and lithium materials and produces substantial quantities of olivine, crushed granite, talc, clays, and phosphate rock. There are valuable coastal fisheries, with shrimp, menhaden, and crabs the principal catches. Charlotte developed in the 1980s into a major U.S. banking center, and related businesses have flourished in the area.

 

Freight Factoring Companies For Brokers

So the next period your trucking enterprise is having some temporary cash flow issues and you are putting in excessive time chasing slowly paying clients, why not start off thinking about employing a factoring companies as a method to get your money and give yourself a more comfortable future in the eyes of your trucking team and your bank dividend?

 



Trucking Factoring Companies-Truckingfactoring.Org

 

 

 

Factor Accounts Receivable

 

Factor Accounts Receivable

 

At one time or another, every business, even successful ones, have experienced bad cash flow.

Cash flow does not have to be a problem any more. Do not be fooled -- banks are not the only locations you can get financing. Other solutions are available and you do not have to borrow. Exactly what is trucking factoring ? One solution is called trucking factoring. Truck Factoring is the procedure of offering invoices to a financier rather than waiting to collect the cash from the customer. Oh, the Irony- Truck factoring has a paradoxical difference: It is the monetary backbone of numerous of America's most effective companies. Why is this ironic ? Because receivable funding is not taught in business colleges, is rarely discussed in company strategies and is relatively unknown to the majority of most of American business people.

Yet it is a financial process that releases up billions of dollars every year, allowing countless businesses to grow and succeed. Truck Factoring has been around for thousands of years. Commercial Factoring Businesses are financiers who pay cash for the right to get the future payments on your invoices. An overdue receivable or invoice has value. It is a debt your client has actually agreed pay in the near future. Factoring Principals--Although factoring offers solely with business-to-business deals, a large portion of the retail business uses a factoring principal. MasterCard, Visa, and American Express all utilize a form of factoring in their retail deals. Utilizing the purest definition of the word, these large consumer finance business are truly just big Factoring Companies of consumer paper. Think about it: You purchase at Sears and charge it to your MasterCard. The store makes money almost immediately, even though you do not make payment until you are ready.

For this service, the charge card company charges Sears a charge (typical common normal fees vary from two to four percent of the sale). The Benefits Invoice Factoring can offer numerous benefits to cash-hungry business. Rather than wait 30, 60, 90 days or longer for payment on an item that has actually already been delivered, a company can factor (sell) its receivables for cash at a small discount off the amount of the invoice. Payroll, marketing efforts, and working capital are just a few of the business needs that can be satisfied with instant  cash.

Factoring offers the ways for a producer to replenish stock and make even more products to offer: There is no longer a need to wait for earlier sales to be paid. FACTORING is not just a money management device for manufacturers: Almost any kind company can take advantage of Commercial Factoring. Typically, a business that extends credit will have 10 to 20 percent of its annual sales tied up in invoices at any given time. Think for a minute about exactly how much is tied up in 60 days' worth of invoices: You can not pay the power bill or this week s payroll with a client s invoice, but you can sell that invoice for the cash to satisfy those obligations. Using trucking factoring companies is a fast and simple process. The factor buys the invoice at a discount, usually a couple of portion points less than the face value of the invoice.

http://Bankbusinessloan.Org

 

North Carolina Factoring Companies

Please call our
freight factoring specialists at
1 - 888-239-9162
or

E-mail Us

 



OnLine Request Form

 

 

 

http://YKLfactoring.com

 

 

The U.s. Trucking Association
mentions that there are about
195,000 employees with transportation
businesses and
276,000 private companies trucking
firms accredited to
operate in the United States that carried,
according to their newest data of millions
products, materials and
fundamental products .
There are numerous usual
providers either going solo or in
teams on our nation
roads carrying these
important products to our
stores, manufacturing facilities and harbors.

And  freight invoice factoring
firms help
numerous of them and offer their
receivables financing services
countrywide counting
including the following states.


: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware,Florida,
Georgia, Hawaii, Idaho State,Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,
Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska,
Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina,
North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina,
South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia,
Wisconsin, and Wyoming

North Carolina Factoring Companies

 

Watch Our Freight Factoring Companies YouTube Videos For More Information

 

Commercial factoring company Calculator
This calculator will show you how much you will make by using our commercial factoring company . But, as your about to discover, you will certainly notice the increased cash flow that will occur when you use our commercial factoring company
Enter the principal balance of your commercial factoring company
(call your commercial factoring company lender and ask for the current payoff amount):
Enter the amount of your monthly commercial factoring company payment:
(invoice amount):
Enter the your commercial factoring company's current interest rate:

If you're like most drivers, you're looking for a better company in trucking that might be offering the best jobs in terms of pay, freight, and hometime ' not to mention benefits or a sign on bonus. We've got all of our clients listed based on the states where they're hiring, so you can quickly find the best job in your home state. You'll see the very best nationwide trucking companies that have positions available.

 

EveryJob is a free service dedicated to helping professional truck drivers find new truck driving jobs with the best trucking companies hiring today!

Locate truck driving jobs by city, state, position andenefits offered. Search current driving jobs and fill out the EZ truck driver application customized for cdl trucking jobs

 

If you're like most drivers, you're looking for a better company in trucking that might be offering the best jobs in terms of pay, freight, and hometime ' not to mention benefits or a sign on bonus. We've got all of our clients listed based on the states where they're hiring, so you can quickly find the best job in your home state. You'll see the very best nationwide trucking companies that have positions available.

 

Life of a Truck driver, like many other professionals can be very challenging, rewarding, and frustrating at the same time. �The com� is an information site for many of the Truckers needs. It is designed to encompass the needs of the Trucker, both on the Road and at Home.

List of Trucking Companies for Owner/Operators and Company Drivers

 

Searching for the right trucking companies to move your freight can be tough, with the large amount of local, regional, and national truck carriers out there. Center helps make freight shipping simple, finding you the safest, reliable trucking companies every time you ship. Trucking companies are licensed and insured to carry freight safely and efficiently across the country, no matter the size or type of freight you need to ship.Plus, with the high volume of freight we move, we will work to get you the best freight rates possible. Simply enter in a few details below and you�ll see instant freight rates from all the top trucking companies in one easy screen

 

EveryJob is a free service dedicated to helping professional truck drivers find new truck driving jobs with the best trucking companies hiring today!

Locate truck driving jobs by city, state, position andenefits offered. Search current driving jobs and fill out the EZ truck driver application customized for cdl trucking jobs

 

 

 

View Our Freight Factoring Companies Videos For More Information

 

 

http://factoring-companies.org

 

 

http://Factoring-Companies.Org/

 

 

 

For The Business Who Wants To Look Better

 

"

�So, this is not a loan?� asked Ryan Wilson, reclining back into his chair and crossing his legs. The woman sitting across the desk from Ryan smiled at him, shaking her head.�No, not exactly,� she said.Ryan was the owner of a small trucking company which had fallen on some hard times recently. Certainly the trucking business can be an extremely profitable venture, and for many years it had been that way for Benjamin. He named his business Edwards Trucking, named after Jaime and Harold, his two grandfathers. Both of these men had been very hardworking and had set a great example for Benjamin.Disaster had struck half a year ago, when two trucks in Benjamin�s fifteen truck fleet went down. One was a roll-over and ended up in the trucking graveyard: the other was involved in a serious and costly accident. Ryan depended on his full fleet, and missing two trucks was devastating . Furthermore, buying a whole new truck and fixing the other simply took more cash than Ryan had on hand.Paying of bills in the trucking industry is always a major cause for concern for businesses.

 

You could go a month or more before bills were completely paid off. In the long run, this wasn�t an issue, but if problems arose, you could find yourself in trouble.Ryan was an excellent business man, and he certainly hadn't done anything wrong. Things had happened that he could not have predicted, and he had to figure out a way to keep his business from hurting, or even going under.And that's why he found himself across the desk from this woman. Her name was Dolores and she worked for a factoring company. Ryan had come across her company as he sat in his office late one night, pouring over the internet for some solution to his problem long after his employees had gone home.She sat there now, and explained. �it is really not a loan at all: we actually buy your accounts receivable. We aren�t giving you money to be paid back later, we�re buying something from you, and you can buy it back when you can. This is a win-win situation: we are protected from a total loss, and you're protected from the ridiculous fees and charges you'd have to pay if you borrowed from a bank.Ryan agreed. It sounded perfect - perhaps too good?.The woman laughed. �You look like you don�t believe me,� she chuckled.�No, I do, I just think it sounds a bit too good to be true. I thought I was going to lose my company.�Dolores smiled, agreeing. �We get that a lot. There's no way we want to see you lose your business. You work hard, you�ve put everything you can into it. Sometimes you need help. That's why we do what we do.""In any case, thank you for coming to see me.""No problem - I'm just down the road. We normally do it all online but I was happy to come and visit you today,� Dolores said with a smile. �Let�s see what we can do to help you.�And with that they set about making a profile.

 

Ryan filled the form out, with Dolores available to help him if he needed it. The profile filled Dolores and her company in on Benjamin�s company, and would help them determine if he was suitable for factoring. Unfortunately, not all companies are. Some were beyond factoring special brand of help, and sometimes things weren�t even dire enough for it. As Ryan completed his form, Dolores listened to his story and she felt quite sure he would be the ideal candidate for Factoring.Dolores took the completed form and placed it in her briefcase. Standing up, she reached over the desk and shook Benjamin's hand. He also stood up, and they smiled at each other. Ryan walked Dolores to the door where they said 'Goodbye', then he went back into his office.His employees were there, seven who worked in the office, and as he sat behind his desk once more he heard the familiar clack of fingers on keyboards, the electronic whine of the copy machine.He shut his eyes. He felt so drained: he had been flailing helplessly for so long, he just knew his business was going to collapse and probably take him with it. Talking to Dolores though, learning about factoring, it felt like a weight had been lifted from his shoulders. He relaxed into his chair, running his hand through his thick black hair with its telling streaks of grey.The long nights, where he couldn�t sleep. The terrifying panic attacks that occurred regardless of where he was. Already he could feel all the stress start to drain away. He wasn�t out of the woods yet, there was still a lot of work to be done, but he could feel it. He was still here; he knew this was the right path for him, and he felt proud that he had taken the appropriate steps to sort out his problems.Ryan couldn�t help but think back to when he had first started the business. He had opened a restaurant at age twenty two when he was fresh out of school. It had been really successful. Offering home cooking in his own hometown, his business had really prospered.But he had gotten bored. His passion didn�t lie with the food industry. He thought long and hard, and then he decided to sell the restaurant. He took half a year off, and in that time he thought to start Edwards Trucking. And that's exactly what he did. Once again he built a company from the ground up. He had been successful.Then disaster! The two trucks went down and suddenly his success wasn't looking so guaranteed. He was nearing fifty. He didn�t think he had it in him, to save this company. But giving up wasn't part of his personality either.

 

The idea of cutting his losses, shutting down, laying off his workers, it actually made him sick some nights. He didn�t know how to say quit.And now, because of factoring, he was sure he wouldn�t have to. Benjamin's eyes opened, he sat forward in his chair and turned on his computer. He had things to do. He could be thankful later, for now, it was time to work.

 

"

 

 

 

 

More Trucking Invoice Factoring Companies -Articles

http://Factoring-Companies.Org/

 

 

 

Trucking Invoice Factoring Companies

 

"

Gray Truck & Haul have been operating their business since the mid 1980s. For more than twenty years they've been delivering goods for most major industries in the nation, with business booming as they traversed the country, in all kinds of weather, for all kinds of clients. During the boom times from 2002 to 2007 Gray Truck & Haul was the mastermind of a top-rated accounts receivable in the trucking industry. Few customers were ever late on bills and those clients who were, were sure to turn in their late payments within a reasonable amount of time. Cash was flowing and times were good for all.It was just one year later, in 2008, when the economy in the United States took a sharp decline, and both large and small businesses started to notice the squeeze on their pocketbooks: everyone had suddenly gone silent. Business slowed down. Worse still, it was noticed by Gray in early 2008 that even though most of their loyal customers were on time with their payments, there were a few late bloomers who were starting to spread the disease. Spring changed to summer, summer changed to fall, and the CEO of Gray, Adam Gregory, was beginning to feel very uncomfortable indeed whenever he looked at their weekly Accounts Receivable reports. The number of clients who were late in their payments was continuing to grow.He had already been to the administrators to ask what the actual problem was. Were they doing something wrong or different when it came to reaching out to delinquent accounts? By his bookkeepers records, this wasn't the case. Perhaps he was losing his customers to his competitor, who seemed to offer very low prices with no guarantee of quality or performance, and these clients who were in debt to his company had possibly disappeared leaving him stranded. Perhaps they were unable to pay their debt to him, but were able to meet the costs of a lesser service. But after doing the cursory research for this and talking to friends in the field, he found that alas, no, customers of Gray hadn't gone elsewhere. They had just gone home.To Adam Gregory the situation looked desperate. He had employees to pay, goods to ship, trucks to maintain and overhead that was almost unbearable when compared against the lack of funds that were coming in. In the evenings he would discuss his concerns with his wife, Judy, and still find no relief from the worry and frustration.

 

""Lin, I have a really bad feeling,"" he'd sadly say to his wife.""Well, what do you think it is?"" she would ask.Adam would stare off into the distance, and then slowly close his eyes. In his mind he could clearly see the fleet of trucks purchased over the many years. He could see them on the road, delivering good to all his loyal customers. But somewhere, a haze would form over his fleet and the vast number of vehicles would disappear to but a few. Why couldn�t he work out how to resolve this financial problem with his business?""I think I know what it could be,"" said Adam. ""For way too long I've been relying solely on profits received from invoices. For too long I've been allowing our clients to let their accounts become overdue."" All Judy could do was hold his hand and look at him tenderly. 'We know it is a difficult economy at the moment - perhaps it will take a while for people to get on top of their bills'.""Judy was trying so hard to support her husband in these worrying times, while Adam was weighed down with the worry of how he was going to handle this situation he found himself in.The next day Adam strolled into his office and was determined to sit down and make every phone call to every client who had owed Gray money. Now, it wasn't the most efficient way to spend a day as a chief executive, what he really needed to be doing was to be overseeing all of the other intricacies of shipment and delivery and reaching out to prospective clients or retraining his sales team to do the same. Even though he was doing something to help his company, he knew he had folks on salary to do just this thing. Wasting money, wasting time - even with the best of intentions, Adam knew that he was in trouble.

 

Poor Adam spent the whole morning trying in vain to contact his debtors: they promised to call back, dodged his calls, or made small interest-only payments. He was beginning to feel quite despaired when his secretary knocked on his door.

 

""Can I have a word with you Adam?"" she queried, standing in the doorway.

 

""Of course Mattie, please come in."" Adam leaned back in his chair and looked expectantly at Mattieerely.""Well Adam, this afternoon I did some research, trying to work out how we are going to get out of this mess."" She pulled a small stack of papers from a folder and set them on the desk before him.""Have you ever heard of factoring?"" she asked.""It does sound vaguely familiar. What is factoring""? he asked.""Well,"" she began, ""It�s actually quite simple really.

 

So basically, factoring invoices would enable us to get paid on the nose for loads that we haul.""Immediately?"" Adam interrupted.""Immediately, yes"" she added, ""In a nutshell, it is pretty easy. We start by having a professional account manager review our figures and help us set up a company profile. That profile will also include investigating our accounts receivable aging reports, our existing customer credit limits and so on. In addition, factoring will assist in determining our customers' creditworthiness, independent from their credit relationship with our company. It provides a very broad view.""Adam replied cautiously ""I see - and what happens then?""Well, after their review, and we�re approved for a factoring contract, we can negotiate terms and conditions. There�s a lot of flexibility depending on the business volume and credit histories. The company will advise us the cost to purchase factoring for our company's accounts receivable. Once we arrive at a mutual agreement, the funding begins.�Leaning forward, Adam studied the documents very closely.""I do not know, Mattie - it just sounds too good to be true"", Adam said quietly.""Yes, I know; that's exactly what I thought at the beginning. But really, they have guaranteed us experts that do all the legwork, which would free us up here to focus on our clients in good standing and marketing, all that good stuff. They appear to be very flexible, Adam,"" she drew a circle around a paragraph on the document before him.""How flexible?"" asked Adam.""They personalize the factoring rates so that the amount they are willing to take on is commensurate with our needs and our client�s debt. It only takes 2 to 4 days for this to be figured out. ""That sounds pretty good, seeing as we tapped ourselves out with bank loans last year to repair the fleet and money sure is tight. We need to keep business rolling as normal and every day we�re going unpaid, we�re closer to facing some serious problems in both the short and long term,"" said Adam.Adam took in a long slow breath, then looked at his secretary with something like hope in his eyes.""Precisely�. This could very well be the answer to resolving the problems we are having with these clients who still owe us money.""Adam thought about this and agreed with Mattieerley. The clients who owed them money were long standing friends and professional resources of Gray. They did not want to throw away these relationships because they were having trouble paying their bills now. Adam knew that the economy had taken a hit and he knew that it would probably be a long time before things started to look up again. If he did not handle these debtors in the right way, that unknown amount of time could spell disaster for all of them. He did not want to lose business but he also did not want to lose any more money.""Well, let me think about this tonight Mattie, thank you."" Mattie nodded, stood up and left the office feeling that she had helped her employer keep on his shirt and hers too.Adam sat behind his desk and looked over the details Mattie had not mentioned in their meeting. What other issues could freight factoring help Gray with? Running his pencil down the sheet, he noted that the freight factoring company could assist with fuel costs, fuel advances, and fuel discount cards. In fact, Gray could receive up to fifty-percent cash advances upon load pick-ups. As a man who hated binding contracts with no room to breathe, he was pleased to see that this factoring company would not make him sign a long term contract, would not make him pay any sign up fees and there was no minimum volume required.""Well, I'll have to tell Robert about this,"" muttered Adam to himself.His son-in-law Robert had liked the idea of Gray so much and revered his father in law for having such business acumen that only two years before, he had gathered the venture capital to begin his own transportation service company. At that time Adam knew the struggles Robert would face, but he still encouraged him to follow his dream. With the economy the way it was, if an established company such as Gray was struggling then the little guys, like Robert, were going to be in even more trouble.

 

But, an antidote may have been found in freight factoring and Adam was soon to find out.A few short months later, after completing the application process, having the legal experts review his credit history, accounts receivable, and statements, finally Adam was beginning to find his way out of the hole his debtors had created for him.They took on reasonable factoring purchase contracts and stopped spending their precious man hours scrambling to collect debt. They used that time to refocus their efforts in being competitive in new territories. Adam looked back on the dismal months of life before freight factoring and almost shuddered at the thought. If Adam hadn't discovered freight factoring at just the right time, his business may not be operating today.

 

"

 

 

 

 

 

 

More For The Business Who Wants To Look Better-Articles

 

 

http://Factoring-Companies.Org/

 

 

 

Factoring Trucking Receivables

 

Why Truck Establishments Employ Factoring Companies.

 

As the operator of your own firm, you may perhaps be much more than aware already of the difficulty in making sure that capital issues do not become a dilemma down the line. Anyway, the most awful thing that can potentially develop for your company is to find yourself dragged in a long and difficult situation that leaves you forever looking for the resources you really need on an ongoing manner.

 

For just about any enterprise in this scenario, the complication can come for waiting for work to lapse and actually be compensated into your bank account. Invoices, checks, and the like can take some time to actually to be taken care of which may leave you with short-term cash flow dilemmas. Fortunately, there are approaches out there for companies to examine-- and just one of these is factoring providers.

 

Factoring firms will, in trade for your accounts, offer you with the cash asap to ensure that you do not have to worry about the waiting duration that could make paying off the bills and getting materialsmore difficult. With this style of arrangement, invoice factoring can end up being incredibly valuable for countless establishments who need to get out of a cash pitfall which they have discovered themselves in.

 

Since, basing on the size of the task, it can take up to 60 days for some companies to get compensated then it is vital to cover up your own back and certainly not leave yourself funds short to pay off the expenses. After all, how many establishments have two months cash flow just occupying there to address all their costs till they earn?

 

This is especially correct of trucking establishments. They have the tendency to manage bunches of statements which means a huge volume of collection period entails company owner themselves. Making an effort to get paid out in time can turn into an extraordinary struggle and this is the key reasons why you use truck factoring companies who are happy to help out truckers particularly.

 

As most of us understand, trucking is an astonishingly huge field with many companies out there employing hundreds of vehicle drivers. Regrettably, many of these drivers land up in income problems considering that they are still expecting work from six weeks ago to actually pay them. When this is the case for a truck agency, depending on factoring companies for solutions maybe the most suitable alternative left.

 

This implies that a trucking organization can pay out the salaries of the personnel, keep all the trucks refilled with fuel and continue to go up, flourish and expand without always waiting for the income which is taking too lengthy to come in. Trucking Enterprises running without a factoring system applied are leaving themselves at substantial danger, as competitions cash out promptly and go on to grow.

 

There's absolutely not a thing to be distressed about when it comes to making use of a Factoring company-- they typically are not like a bank or a person who is going to leave you with a massive pile of personal debt to pay back. You give them legitimate invoices from output you have already finalized , you are only quickening the payment system.

 

In the United States, where trucking establishments thrive, factoring enterprises are not considered getting a loan in any capacity. This confidential agreement then enables both parties to make money and delight in a convenient future-- it provides the factoring provider a warranted asset of income to add to the list and it furnishes the trucking business the needed money that they worked hard to generate.

 

The trucking establishment provides their invoices to the factoring establishment. The trucking factoring provider then take the payments from the trucking company's clients. Factoring has been in existence for hundreds of years and has been adopted for several years by several varying fields-- but none exceeding so than truckers. While you might possibly miss out on a small part of the money, something like 1-3 % depending on who you deal with, it implies that you are obtaining the resources today and can actually begin setting the funds to operate.

 

Once and for all, an IOU or an invoice is certainly not going to pay for overheads, is it? For trucking establishments when the income can be very good one day and gone the next, it is up to the drivers to work sensibly and to ascertain they are leaving themselves with a notable measure of time and finance to get through the week up until they are paid for once again.

 

So the next instance your trucking establishment is having some temporary capital problems and you are investing way too much time chasing slowly paying clienteles, why not start looking at employing a factoring companies as a way to get your money and give yourself a more convenient future in the eyes of your trucking crew and your bank balance?

 

 

 

 

 

 

 

More Factoring Trucking Receivables -Articles

 

 

 

North Carolina Factoring Companies

 

 

 

http://Factoring-Companies.Org/

 

 

 

Truck Factoring Calculator

 

"

Factoring in the Future of a Trucking Business: A Story The phone was ringing on his desk, and Jeffrey King just sat there letting it ring. His morning coffee cooled and his cigarette smoked away in the tray: Jeffrey is thinking, and pondering the biggest decision he's ever had to make for his trucking business. King Trucking Company was at a turning point of growth and Jeffrey had to decide if signing with a factoring company was the right way forward.

 

More than forty years ago Jeffrey's father had started this business working as an owner-operator and eventually growing King Trucking Company into a fifteen trailer fleet. Yes, they had survived some very difficult times when it appeared like they might go under, and even Jeffrey's mother had jumped into the cab at times to make hauls. His father had worked long enough to see the price of hires drop dramatically during the recession and to see the explosion of fuel prices afterwards. Now the company was solely in Jeffrey�s hands and he wanted to live to see it in better shape for his sons.

 

There just never seemed to be enough money to go around, and certainly no spare cash, but to move his company successfully into the future he needed a steady and reliable cash flow. His employees needed to be paid. They all have families and the usual household bills. A few of the refrigerated trailers really needed some maintenance, and in order to stay competitive he really wanted to invest in specialized haulers to meet the increasing requests for loads of agricultural and energy equipment. Every time he had to turn down a request, King Trucking looked weak in a very strong market.

 

His father would have told him to wait and to take his time adding on new technology. Jeffrey chuckled, thinking about his father. He remembered when his father was totally against installing GPS units in the cabs. His Dad would say ""Why on earth do you need some stranger telling you to get off the exit that everyone knows has been there for years?� He smiled to himself as he remembered his father poking fun at the other drivers who switched to automatic, even though automatic was quite obviously more efficient (though less manly). He knew his father's days were long gone and new technology was very important for the business, like having Qualcomm to reduce communication time for bills of lading.

 

Jeffrey believed a successful man is always thinking of his next step. How would he take King Trucking to the next level? And how would he be able to afford it? Funding was all tied up in the mortgage for the office and garage and in the fuel bills. He just finished paying off the small bank loan for installing satellite radio in the trucks for the guys.

 

But was factoring the answer? There was a lot he didn�t understand about the process. It sounded like a ninth grade math problem and he wondered how this would fit into the trucking business. Factoring companies buy your invoices and manage your accounts receivable for a certain percentage of the invoiced amount. The factoring company gives the trucking business its payment right away which allows the business to have continuous cash flow so it can pay employees, buy fuel, and make repairs for upcoming hauls. Without the assistance of factoring, you have to wait for customers to send you the payment which is often 30 days late. During those thirty days the trucking company cannot pay its employees and bills with invoices.

 

Jeffrey had to really consider what his next step was going to be. He had heard of companies charging for same day money transfers, advancing a percentage of the money owed to your business, while the rest is held in a private account if the bill wasn't paid within sixty or more days. Plus it was worse still if the customer didn�t pay up at all because then the factoring company would take it right out of the money supposed to be coming to you! He'd even heard about some companies putting you onto a sliding percentage scale regardless of any previously signed contracts for possibly 3% or 7%, and there you are now with 10% coming as a charge to you out of the freight bill. His colleague, Ronnie, who owned a trucking company in Missouri, was nearly destroyed by a factoring company who charged him the full freight bill on top of the fees for factoring. Well, what was the point of going to a factoring company if there was shady business like that going on?

 

But it turned out to be quite easy. When he called the factoring companies he discovered they were very open about their business practices, and very friendly and helpful. Their customer service actually knew things about their company and spoke in nice clear English so he could understand what was being explained. He didn�t mind signing an exclusive contract. In fact, he was quite pleased with the idea of a long-term contract because he knew this was a one-off and he would not have to keep going back and forth to different companies. Nobody charged him for credit checks and they offered him a fuel advance on the pick-up of the load. In fact there were a few companies who offered him a non-recourse factoring program, and this was exactly what he had been hoping for. Also he was happy to hear how much he was offered in terms of percentages on the freight bills. It was good money.

 

For Jeffrey it was quite a relief to be dealing with the factoring company. They were extremely helpful and more personable than the bank staff. He was relieved to note that the factoring companies understood the trucking business and discussed business with him like a respected client, not like someone looking for a handout. The factoring companies were not interested in his credit nor the financial problems his father had experienced in the past. Factoring was based on the credit of his customers and on their reliability which worked well for Jeffrey because he and his father had built up good strong relationships over decades with their list of clients. So he knew they would understand when the factoring company contacted them for the invoices. His clients would not have any problems, nor would they think poorly of King Trucking, because the factoring companies handle themselves in such a polite and professional manner, similar to the way his father had managed the business in the past.

 

Jeffrey stepped out of his office to let his secretary know to expect the arrival of the factoring contract shortly. There was a new bounce is his step now: he knew instinctively that this new step would raise the future of his company to a new and higher level, and that all the stress from the past could now be put behind him. He suddenly realized that, with this new cash flow, he could actually expand King Trucking Company and who knows, move into Canada, which had always been his dream. He was a happy man again knowing that he had just made a decision which would guarantee the success of his business and his sons would not be inheriting a financial mess.

 

"

 

 

 

 

 

 

More Truck Factoring Calculator -Articles

 

 

 

 

 

 

 

 

North Carolina Factoring Companies

 

 

 

 

 

 

http://Factoring-Companies.Org/

 

Factoring Trucking Receivables

 

Date Published- 2014- 10-04 Trucking Invoice Factoring Companies

 

"

Bank Loans

 

Bank loans are an extremely traditional way for a business to get financing. While these loans are handy they are not available to every business. For example, a fairly newly established business simply may not have the assets to readily get a loan from a bank, even if they do, the standard collateral for a business loan is the business itself, which means that if you cannot make your loan payment, you risk losing your entire business. In addition, while you apply for a certain loan amount, that is all the financing you are entitled to. Of course, once that loan has been re-paid, you can always re-apply for another loan.

 

What Are Trucking Factoring Companies?

 

Trucking Factoring companies do not give loans, and the money you get from the Trucking Factoring company does not put you in debt. The finance you receive from the Trucking Factoring company is determined by money already earned by your business, but not yet received. The Trucking Factoring company purchases your accounts receivable, or part of them, for a certain percentage of their value - this is normally about 80-95%. The amount of money you can receive is based on the amount of money you have earned and the accounts receivable you are willing to �sell.� Once you have set up Trucking Factoring account it continues as long as you wish it too and the amount of money available to you even can grow as your business grows, giving you the ready cash you need to meet your own obligations.

 

Benefits of a Trucking Factoring Company Vs. A Bank Loan

 

While not every business can take advantage of Trucking Factoring account financing (you have to have a business that has account receivables) for those that can use this type of financing there are several distinct benefits.

 

1. There is no debt. You do not incur debt as you do with a bank loan because the Trucking Factoring company actually purchases your accounts receivable. One of the main benefits of this kind of financing is that your business credit rating and your personal credit rating will not be affected. In the event that your business fails, you would not have to be concerned about someone coming after your personal or your business assets in order to pay off a loan. With a bank loan, the debt goes onto your credit report, and even one late payment can adversely affect your businesses credit, and even the ability to get insurance and may even reflect upon your personal credit rating.

 

2. No Collateral Required. Another benefit of using a Trucking Factoring company instead of a traditional loan is that you are not required to provide collateral to the Trucking Factoring company in order to secure financing, because the company �buys� the accounts receivables; not loans you money based on them. Plus, the state of your credit rating is not an issue; however the Trucking Factoring company will run a credit check on your clients whose accounts receivable are being offered for financing. This means that it is easier for new businesses to access the finance they need through a Trucking Factoring company, providing their accounts receivable are in good order. A bank may believe you haven't been in business long enough to be able to cover this risk.

 

3. Receive Your Money Faster. With a Trucking Factoring company you can actually get the money you need faster. The money will normally be in your account within 24 hours, once the Trucking Factoring company is confident that your customers� accounts are likely to be paid. With a bank, there are vast amounts of paperwork, then the loan has to be underwritten, which can take months before you actually see the loan if it is approved.

 

4.Interest is Paid Up Front. With a bank loan interest continues to build, and this has to be paid the whole time you have a business loan; however with a Trucking Factoring company there is no interest - they take it right off the top by deducting it from the total amount of receivable accounts. So not only are you relieved of those monthly loan payments, but you also do not have to worry about the building up of interest, as every penny in the account is yours to spend on the business.

 

As you can see, there are several benefits that makes considering financing through a Trucking Factoring company over a traditional bank worthwhile. However, there are also a couple of other benefits that a factory company can offer your business is far beyond the scope of the bank. The most important benefits is that once you sell your accounts receivable to the factory company, you do not have to take time away from running your business to collect the money owed from reluctant to pay customers. The Trucking Factoring company takes over that chore, since it is now their money to collect. Trucking Factoring companies are very good at collecting these debts, saving you the time and effort that you need to devote to your growing company.

 

In addition, since the Trucking Factoring company evaluates the credit quality of your customers prior to purchasing the accounts receivable you gain valuable information into which customers are likely to pay and which ones are not so likely to pay.While a Trucking Factoring company is not the only way for your business to obtain the money it needs to keep growing, it does offer a type of financing well worth considering.

 

"
http://Factoring-Companies.Org/

 

 

 

 

 

More Truck Factoring Calculator -Articles

 

 

 

"

Bank Loans

 

Bank loans are an extremely traditional way for a business to get financing. While these loans are handy they are not available to every business. For example, a fairly newly established business simply may not have the assets to readily get a loan from a bank, even if they do, the standard collateral for a business loan is the business itself, which means that if you cannot make your loan payment, you risk losing your entire business. In addition, while you apply for a certain loan amount, that is all the financing you are entitled to. Of course, once that loan has been re-paid, you can always re-apply for another loan.

 

What Are Trucking Factoring Companies?

 

Trucking Factoring companies do not give loans, and the money you get from the Trucking Factoring company does not put you in debt. The finance you receive from the Trucking Factoring company is determined by money already earned by your business, but not yet received. The Trucking Factoring company purchases your accounts receivable, or part of them, for a certain percentage of their value - this is normally about 80-95%. The amount of money you can receive is based on the amount of money you have earned and the accounts receivable you are willing to �sell.� Once you have set up Trucking Factoring account it continues as long as you wish it too and the amount of money available to you even can grow as your business grows, giving you the ready cash you need to meet your own obligations.

 

Benefits of a Trucking Factoring Company Vs. A Bank Loan

 

While not every business can take advantage of Trucking Factoring account financing (you have to have a business that has account receivables) for those that can use this type of financing there are several distinct benefits.

 

1. There is no debt. You do not incur debt as you do with a bank loan because the Trucking Factoring company actually purchases your accounts receivable. One of the main benefits of this kind of financing is that your business credit rating and your personal credit rating will not be affected. In the event that your business fails, you would not have to be concerned about someone coming after your personal or your business assets in order to pay off a loan. With a bank loan, the debt goes onto your credit report, and even one late payment can adversely affect your businesses credit, and even the ability to get insurance and may even reflect upon your personal credit rating.

 

2. No Collateral Required. Another benefit of using a Trucking Factoring company instead of a traditional loan is that you are not required to provide collateral to the Trucking Factoring company in order to secure financing, because the company �buys� the accounts receivables; not loans you money based on them. Plus, the state of your credit rating is not an issue; however the Trucking Factoring company will run a credit check on your clients whose accounts receivable are being offered for financing. This means that it is easier for new businesses to access the finance they need through a Trucking Factoring company, providing their accounts receivable are in good order. A bank may believe you haven't been in business long enough to be able to cover this risk.

 

3. Receive Your Money Faster. With a Trucking Factoring company you can actually get the money you need faster. The money will normally be in your account within 24 hours, once the Trucking Factoring company is confident that your customers� accounts are likely to be paid. With a bank, there are vast amounts of paperwork, then the loan has to be underwritten, which can take months before you actually see the loan if it is approved.

 

4.Interest is Paid Up Front. With a bank loan interest continues to build, and this has to be paid the whole time you have a business loan; however with a Trucking Factoring company there is no interest - they take it right off the top by deducting it from the total amount of receivable accounts. So not only are you relieved of those monthly loan payments, but you also do not have to worry about the building up of interest, as every penny in the account is yours to spend on the business.

 

As you can see, there are several benefits that makes considering financing through a Trucking Factoring company over a traditional bank worthwhile. However, there are also a couple of other benefits that a factory company can offer your business is far beyond the scope of the bank. The most important benefits is that once you sell your accounts receivable to the factory company, you do not have to take time away from running your business to collect the money owed from reluctant to pay customers. The Trucking Factoring company takes over that chore, since it is now their money to collect. Trucking Factoring companies are very good at collecting these debts, saving you the time and effort that you need to devote to your growing company.

 

In addition, since the Trucking Factoring company evaluates the credit quality of your customers prior to purchasing the accounts receivable you gain valuable information into which customers are likely to pay and which ones are not so likely to pay.While a Trucking Factoring company is not the only way for your business to obtain the money it needs to keep growing, it does offer a type of financing well worth considering.

 

"

 

 

 

 

 

 

 

state sitemap 1

state sitemap 2

state sitemap 3

state sitemap 4

state sitemap 5

 

 

 

North-Carolina account receivable factoring

North-Carolina accounts receivable factoring

North-Carolina accounts receivable financing

North-Carolina accounts receivable financing activity

North-Carolina accounts receivable financing agreement

North-Carolina accounts receivable financing agreement form

North-Carolina accounts receivable financing calculator

North-Carolina accounts receivable financing companies

North-Carolina accounts receivable financing factoring

North-Carolina accounts receivable financing is based on

North-Carolina accounts receivable financing is based on what

North-Carolina accounts receivable financing program

North-Carolina accounts receivable financing programs

North-Carolina accounts receivable financing rates

North-Carolina accounts receivable financing vs factoring

North-Carolina assigned receivables financing

North-Carolina average invoice factoring rates

North-Carolina bank receivables financing

North-Carolina best factoring companies

North-Carolina best rated factoring companies

North-Carolina best reviewed factoring companies

North-Carolina business factoring

North-Carolina commercial bank factoring

North-Carolina commercial credit factoring

North-Carolina commercial factoring

North-Carolina commercial factoring companies

North-Carolina commercial factoring definition

North-Carolina commercial finance factoring

North-Carolina commercial paper factoring

North-Carolina commercial truck factoring

North-Carolina debt factoring and accounts receivable financing

North-Carolina factoring

North-Carolina factoring and commercial finance industry

North-Carolina factoring broker

North-Carolina factoring brokers

North-Carolina factoring companies

North-Carolina factoring companies for freight brokers

North-Carolina factoring companies for trucking

North-Carolina factoring company

North-Carolina factoring for trucking

North-Carolina factoring for trucking companies

North-Carolina factoring invoices

North-Carolina factoring receivables

North-Carolina factoring services

North-Carolina factoring services for trucking companies

North-Carolina factoring trucking companies

North-Carolina financing against receivables

North-Carolina financing receivables can be done by

North-Carolina freight broker factoring companies

North-Carolina freight factoring companies

North-Carolina freight factoring company

North-Carolina freight factoring company reviews

North-Carolina freight factoring rates

North-Carolina freight factoring services

North-Carolina freight invoice factoring

North-Carolina invoice factoring

North-Carolina invoice factoring advantages

North-Carolina invoice factoring agreement

North-Carolina invoice factoring articles

North-Carolina invoice factoring banks

North-Carolina invoice factoring benefits

North-Carolina invoice factoring business

North-Carolina invoice factoring calculator

North-Carolina invoice factoring charges

North-Carolina invoice factoring companies reviews

North-Carolina invoice factoring companies usa

North-Carolina invoice factoring company

North-Carolina invoice factoring company reviews

North-Carolina invoice factoring construction

North-Carolina invoice factoring costs

North-Carolina invoice factoring discount rate

North-Carolina invoice factoring fees

North-Carolina invoice factoring interest rates

North-Carolina invoice factoring rates

North-Carolina invoice factoring services

North-Carolina receivable factoring

North-Carolina receivables backed financing

North-Carolina receivables based financing

North-Carolina receivables factoring

North-Carolina receivables financing

North-Carolina receivables financing agreement

North-Carolina receivables financing benefits

North-Carolina receivables financing companies

North-Carolina receivables financing definition

North-Carolina receivables financing rates

North-Carolina receivables financing vs factoring

North-Carolina receivables financing without recourse

North-Carolina small business factoring

North-Carolina top factoring companies

North-Carolina top rated factoring companies

North-Carolina transport factoring

North-Carolina transportation factoring

North-Carolina transportation factoring companies

North-Carolina transportation factoring company

North-Carolina transportation factors

North-Carolina truck factor

North-Carolina truck factoring company

North-Carolina trucking factoring companies

North-Carolina trucking factoring company

North-Carolina typical invoice factoring rates