Factoring Companies
- Swift Capital Upfront
- Partnership with Renowned Factoring Company
- Expert Support for Every Client
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Partner with Move Xpress for reliable and efficient Carrier Solutions. Let us help you optimize your operations, grow your business, and deliver on your promises to your clients.
Swift Capital When You Need It Most
Operating a trucking business, whether as an owner-operator or a small company, comes with its challenges—chief among them is maintaining a steady cash flow. At Move Xpress, we’ve partnered with RTS Financial to offer factoring services that bridge the gap between unpaid invoices and the immediate capital you need. With our services, you can access funds quickly and keep your operations running smoothly without interruptions.
Why Choose Move Xpress for Factoring?
Swift Access to Capital: Turn unpaid invoices into immediate cash to cover overhead costs, payroll, or operational needs.
Partnership with RTS Financial: Benefit from a trusted and reliable factoring partner with years of expertise in the trucking industry.
Hassle-Free Process: Focus on your deliveries while we handle the paperwork and ensure you get paid.
Personalized Support: Our team is here to provide expert assistance tailored to your specific business needs.
What Is Truck Factoring?
Truck factoring—or freight factoring—allows trucking businesses to convert their unpaid invoices into cash. By selling your accounts receivable to a third-party factoring company like RTS Financial, you receive an advance of 80%–90% of the invoice value upfront. The factoring company assumes the risk of collecting from your customers. This ensures you have immediate funds for essential expenses and gives you the freedom to take on more jobs to grow your business.
How Factoring Helps Truckers:
Eliminate Payment Delays: Avoid waiting weeks or months for client payments.
Reduce Financial Risk: The factoring company handles collections, so you don’t have to.
Improve Cash Flow: Pay your drivers, fuel costs, and other expenses without stress.
Expand Opportunities: Use the capital to scale your operations or accept more jobs.
Move Xpress Exclusively works only in dedicated Runs and High Volume Container Runs for Drayage Carriers to optimize long term relationships and fixed Incomes for carriers so that they earn more.
MoveXpress does not Work as Dispatchers and does not hunt loads for you singularly. We only provide dedicated runs for years and high volume container drayage loads.
Yes, we handle all the necessary paperwork, including submitting invoices to the factoring company on your behalf. However, Move Xpress does not accept payments directly. Payments are made directly to you by the factoring company after invoice submission.
Move Xpress provides services for a variety of truck types, including:
- Dry Van
- Drayage
- Step Deck
- Reefer
- Flatbed
- Power Only
- DayCab
At Move Xpress, we prioritize transparency, efficiency, and your business’s success. We offer:
- Tailored solutions for shippers, brokers, and carriers.
- Access to thousands of trucks.
- 24/7 load tracking and updates.
- No hidden fees or double brokering.
We maintain a pool of reliable, pre-approved carriers who meet our strict standards. This includes performance records, compliance, and financial stability, ensuring you get the best carriers for your loads.
To ensure timely payments, you’ll need to submit:
- Completed rate confirmations.
- Proof of delivery (POD).
- Any additional documents required by the factoring company or broker.
Move Xpress works with carriers who operate various types of trucking equipment, including flatbeds, reefers, dry vans, and more. We match the right equipment to the specific needs of your load.
We streamline your operations by offering:
- Reliable carrier solutions.
- Comprehensive dispatch services.
- Invoice and paperwork management.
- Transparent communication and updates.
- Expert guidance to help your business grow.
Still have questions? Contact us today and let us help you find the answers you need!