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
