At Single Point Capital, we know that one of the biggest hurdles new trucking companies face is the down payment for insurance. The initial cost can be steep, especially when everything needs to be paid upfront. Single Point Capital simplifies insurance down payments for your business.
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 simple steps.
Step 1
Single Point works with your insurance agent to confirm coverage and your down payment amount
Step 2
Single point pays up to 50% of your down payment
Step 3
The advance is repaid from your factored invoices over a period of 6-10 weeks
Insurance Down Payment Assistance
Clients who use our freight factoring services can take advantage of our insurance down payment assistance program to offset the steep cash outlay of insurance premiums. Our simple program features:
• Single Point works with your insurance agent to confirm coverage and your down payment amount
• Single Point pays up to 50% of your down payment
• The advance is repaid from your factored invoices over a period of 6-10 weeks
Single Point Capital also offers premium financing to help manage costs without placing a strain on cash flow.
Whether you own a small fleet, are launching a new trucking company, or if you are an owner-operator, get the insurance coverage you need to keep moving safely, without breaking the bank. Contact Single Point Capital today.