At Single Point Capital, we know that one of the biggest hurdles for new trucking companies is the down payment for insurance. The initial cost can be steep, especially when everything needs to be paid upfront. Single Point Capital makes insurance down payments much easier with our services.
Clients who have signed up for factoring services from Single Point Capital can now take advantage of our deferred down payment program for insurance. We are able to defer up to 50% of your insurance down payment in three easy steps:
Single Point Capital will cover up to 50% of your insurance down payment.
The amount covered by Single Point Capital will be deferred over the course of the following weeks.
The balance on the deferred payment is repaid from a percentage of your factored invoices.