More Truck factoring Information Why Truck Factoring is Necessary "A sale is not a sale until you collect the money" Are you a part -time banker for your customers?Take a look at your [...]

More Truck factoring Information

Why Truck Factoring is Necessary


"A sale is not a sale until you collect the money"

Are you a part -time banker for your customers?Take a look at
your accounts receivable aging schedule and count the number
of accounts over 30 days.Congratulations, you are extending
credit to those customers. You are not getting paid for delivering
your end of the deal in a timely manner and as a result
you are providing the use of your money to your customer for free.


Not exactly the truck business you thought you were getting into, is it?
Ask yourself this question: If those customers of yours went
to a bank, borrowed the same amount of time,
would they expect to pay a substantial
amount of interest for the privilege?
Of course they would!
OCF Truck Factoring
- Providing truck factoring services nationwide
- Over 70 years of factoring company experience
- Up to 97% Advance Rates