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.
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.
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Solve These 4 Common Business Challenges With Factoring