How to Get Paid Faster

How to Get Paid for Your Routes Faster

Posted & filed under Carrier Connection, England Carrier Services.

If you’re a trucker growing a company, you know the dilemma: How do you grow a business when you’re unsure when you’ll be paid?

Of course, such a long delay in payment creates several problems for truckers.

How can I pay for fuel and get back on the road? How do I cover payroll? How do I make more cash if I am always waiting for my next payment?

Fortunately, there is a solution. By using factoring services, truckers can get paid for their routes the very same day they complete them, establish dependable cash flow, and take on more loads for greater profits.

Here’s how to start factoring today.(If you prefer to have someone explain how factoring would benefit your unique business, click on the form below.)

How Does Factoring Work?

Factoring your loads takes four easy steps.

  1. Complete your delivery as usual.
  2. Once you’ve received the documentation for the completed load, submit your rate confirmation and Bill of Lading to your factoring company.
  3. Provide an invoice to your factoring company. (Some companies may create an invoice for you).
  4. Have your funds deposited directly to your bank account.

It really is that easy.

Are There Other Benefits of Factoring?

Factoring with a company that specializes in factoring for truckers, like England Carrier Services (ECS), offers several additional benefits.

  1. You can access credit and collections teams to spend less time on administrative tasks and more time on the road.
  2. Receive a personally assigned factoring agent to meet your cash flow needs on demand.
  3. Access online reports.

Additionally, factoring through ECS can be entirely customized to suit your unique business needs.

How Do I Get Started?

By clicking on the form below, you can speak with an account manager who is devoted to helping you save money. They’ll be happy to discuss your business needs and work with you on a fleet plan.
Factoring is a powerful tool for carriers that allows them to be paid immediately. By clicking on the above form, you can be paid faster, ease your administrative burden, and take on more business to help your fleet thrive.