First Business Bank

Freight Factoring & Accounts Receivable Financing For Transportation Companies

Get custom solutions and financing facilities that meet your specific needs and allow you to focus on your business, not your financing.

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Adapting At The Speed Of Transportation

The transportation industry faces a unique set of challenges, including driver shortages, increasing regulations, volatile fuel prices, and equipment finance needs. At First Business Bank, we understand the transportation business. We devise various solutions, such as freight factoring, accounts receivable lines of credit, and equipment financing for companies that are rapidly growing or are unsatisfied with their present lender.

Freight Factoring And Accounts Receivable Financing Programs

With some of the most competitive rates in the market our transportation clients turn to us for freight factoring and accounts receivable financing facilities ranging from $100,000 to $15 million. We structure advance rates up to 98% of invoice value, offer same-day funding, and distribute payments in a variety of ways to meet your company's needs.

The First Business Bank Difference

There are still people out there operating with integrity, reliability, and consistency. As part of a publicly traded, federally insured bank, we strive to maintain the highest ethical standards and offer the highest level of service to you and your business.

Fast Turn Around

In most cases, you can expect funding on the same day we receive freight bills.

Aggressive Advance Rates

Keep more of your profit — we advance as much as 98% against freight bills.

Competitive Pricing

As a client, you benefit from extremely competitive rates, backed by the financial strength of our publicly traded financial services parent company.

Experienced Service Team

Access our decades of freight factoring and transportation financing industry experience to help you compete in today’s challenging market.

Equipment Financing And SBA Loans

Save time with us as a one-stop financing solution with seamless applications for equipment financing and SBA loans under the same umbrella. 

Discover Our Latest Business & Leadership Insights

Access our latest podcasts, articles, reports, and success stories about business strategies, financing solutions, fraud prevention, and more.

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Podcast

Alternative Financing Strategies For Your Business

Businesses in many industries turn to Accounts Receivable Financing — also known as factoring — and Asset-Based Lending to increase
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Article

Solve These 4 Common Business Challenges With Factoring

As market volatility and other signs of potential economic slowdown continue to rear their heads, many business owners are beginning
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Article

Five Qualities You Need in a Receivable Financing Partner

One of the least understood, seldom mentioned, and under-utilized ways to finance your business is through accounts receivable financing.

Accelerate Your Business

Take advantage of new opportunities when they arise with additional capital created  through First Business Bank’s Accounts Receivable Financing program. Increased cash flow allows you to accelerate the growth of your transportation business.