What is Load Factoring:
The financial tool known as Factoring, is the purchase and sale of accounts receivable (invoices) at a discount at or near the time of invoice creation. Factoring is not a loan. There is no debt repayment, no compromise to your balance sheet, no long-term agreements or delays associated with other methods of raising capital. Factoring helps your business control risk while improving cash flow by allowing you to use your own hard earned assets to create cash for the cash flow and growth needs of your company today.
If you are carrier or a broker who is strapped for cash because your waiting 30, 60, even 90 days to get paid, we recommend you consider factoring your invoices through J D Factors, a company with many years of experience in the factoring industry.
As a J D Factors' client, you can turn your unpaid invoices into cash in as little as 24 hours, without incurring any debt. Once your account is established, you simply send them your invoices and supporting documentation (proof of delivery, signed BOL, etc.) and they will advance you up to 95% of the face value of the invoice.
In business for over 15 years and with offices throughout the United States and Canada, J D Factors can provide you with the needed customer service on a daily basis. Whether you're a single truck owner-operator or manage a large fleet, they have a program to meet your specific needs. As a J D client, you will receive free credit checks on all of your customers, free online access to your account information, free Fuel Card, and much more.
In addition to being your source for immediate CASH for your invoices, J D Factors provides you with many services including:
Credit review on all your accounts.
Credit guarantees on approved accounts.
Invoice mailing and processing.
Payment processing and posting.
Full collection services.
Real time on-line account access.
ACH and Wire transfers available on all accounts.
Complete, professional management of your accounts receivable.
Fuel cards available for all Transportation Clients.
Advances up to 95%.
No minimum required.
Fee starting at 2% discount per invoice.
If you would you like to learn more about J D Factors, please complete the short form below.
YES! I would like to learn more about J D Factors
Thank You For Visiting The Internet Freight Terminal Web