What Is Freight Factoring?
Freight Factoring is a tool used to generate cash flow, using your accounts receivable or unpaid invoices. By converting your unpaid invoices into cash, you do not have to go through the hassle of waiting a month or more to receive your cash, making it easier to stay on the road and working.

How Does Freight Factoring Work?
When you decide to work with Transportation Management Group, we will buy your unpaid invoices from you at an agreed-upon amount based on the invoice total. We will then be the ones in charge of collecting the invoice amount from the customer. You send us your invoice and we send you cash, it is that easy!

Why Use Transportation Management Group?
Using a trucking factoring company like us allows you to have the almost-instant cash that you earned, making it easier to plan your next delivery and stop worrying about what you are owed.

What Is Recourse and Non-Recourse Factoring?
These two types of truck factoring differ based on responsibility. Non-recourse factoring means that you, as our customer, have no responsibility to reimburse us for bad invoices. We take all of the risk. With recourse factoring, you are responsible for uncollected invoices, but it is a less expensive method of factoring.

How Does Freight Factoring Help My Company?
Factoring is a wonderful way to generate a steady cash flow as soon as you have delivered your shipment. You do not have to wait for your invoice to be closed out, extending the payment period, making it difficult to count on the money you’re owed.

How Do I Get Started?
Easy. All you have to do is fill out our contact form, and we will get in touch with you! You do not need to provide us with a laundry list of information and details, our goal is to make this process as easy as possible for you. Your success matters, and we look forward to working with you.

How Long Does It Take To Get My Cash?
That is the best part; you get your cash the SAME day that you ask for your funding. At Transportation Management Group, it is our goal to get you back on the road and to your next job without any setbacks due to a hold on your earnings.

Do All My Invoices Have To Be Factored?
No. If you make the decision to factor some of your invoices, you do not have to factor them all.

Do You Offer Any Invoice Discounts?
We do not offer any discounts generally speaking. We do, however, want to understand your specific situation and work with you to get you the best possible outcome.

Do I Have To Sign A Contract?
Typically speaking, yes. You will be asked to review and sign a “no long-term” contract.