Receive your commissions as soon as the load is delivered with freight broker factoring!
Whether you’re a start up freight broker or just searching for a better funding source to grow your company, we have the perfect solution to meet your needs. Our specialists have years of experience working with freight brokers. We understand that, in order to succeed, you have to manage expectations of both your clients and your carriers. As a specialist in the transportation factoring industry, we have the resources and experience required to help your business thrive.
Freight brokers have two distinct options. You can either have the factor handle your carrier payables on your behalf, or you can handle them directly. As soon as the load is delivered, submit copies of your paperwork to the factor and they will pay your commissions up front. Then, depending on your preference, they will either pay your carriers directly (alleviating the additional burden of managing carrier payables), or send you the gross funding amount and you can pay the carriers directly. We also provide competitive quick pay options for you to offer your carriers. This additional feature will help you to secure more clients who are in need of their settlement as soon as the load is delivered.
Contact Orion Business Capital today for a consultation surrounding your business and its capital needs. We have years of experience and experts who specialize in freight broker factoring. Our priority is to save you time by getting your business funded as quickly and easily as possible. In most cases, your factoring account can be established in 1-2 business days, followed by immediate funding of your invoices.