We provide comprehensive factoring for trucking companies in Chicago, IL.
Freight Bill Factoring in Dallas, TX
From Main Street to manufacturing, oil and gas, healthcare, agriculture, and more, Dallas is home to businesses spanning every industry. The one thing those businesses have in common is their reliance on carriers to both supply and distribute goods. The trucking industry in Dallas, TX includes independent owner-operators, small fleets offering last-mile delivery, and large carriers making interstate hauls to both coasts. At Single Point Capital, we provide comprehensive freight bill factoring services to owner-operators and fleets of every size in the Dallas area to boost their cash flow and ensure they have the capital on hand to maintain and grow their operations.
Freight Bill Factoring Solutions
Freight carriers in Dallas, TX issue invoices with payment schedules ranging from 30 to 90 days, depending on the company. Whether business is booming or sluggish, those payment schedules create lag in cash flow, preventing carriers from getting immediate access to revenue. The gaps created by staggered payments can prevent trucking companies from growing when the economy is strong, or they can keep carriers from making payroll and covering overhead when the economy is down. Single Point Capital works directly with carriers throughout Dallas, TX to eliminate staggered payment schedules so trucking companies can get fast access to the revenue they deserve. Our freight bill factoring services for carriers in Dallas, TX feature:
- Receivables to cash within a single day
- No debt on the balance sheet
- Free credit checks on qualifying customer accounts
- No upper limits
- Free to sign up
- Fuel and insurance benefits
Get Paid in a Single Day
The days of staggered payment schedules of 30, 60, or even 90 days are over. For freight carriers in the Dallas area, Single Point Capital will convert unpaid receivables into cash within a single day. Our freight factoring services make funds available to clients within 24 hours, so owner-operators and fleet owners alike can focus on their business instead of wondering when the next payment is going to come in. Our freight bill factoring services boost cash flow, eliminate gaps between payments, and help automate the accounting process to keep carriers in Dallas, TX moving.
Stop Relying on Debt-Based Financing
Frequent gaps in cash flow caused by staggered payment schedules force carriers to take out loans to smooth over revenue cycles. Unfortunately, the debt that comes with loans can build up, and carriers can easily find themselves in a worse financial position. Freight bill factoring from Single Point Capital does not place any debt on the books, and allows carriers to preserve credit scores.
More than Just Freight Bill Factoring
Carriers in Dallas, TX that use freight bill factoring from Single Point Capital get much more than just a great way to boost cash flow. We provide steep discounts on fuel, insurance, and a suite of tools to help carriers keep track of receivables, payments, and even the ability to make credit checks on their customers. Additionally, each of our clients has a personal account manager, because we believe that people move the trucking business, not automated voices and robots.
Get Started Today
Contact Single Point Capital to learn more about our comprehensive freight bill factoring services for owner-operators and trucking companies in Dallas, TX