Freight Factoring for Trucking Companies
Turn freight bills into fast cash to keep rolling and grow your business.
Increase cash flow for your trucking business
Transwest Capital’s invoice factoring solution helps trucking companies:
Expedite growth
Increase cash flow for expenses such as fuel, payroll, truck payments, insurance payments, repairs, maintenance, and more
Speed up payments for your freight bills from slow-paying customers
Outsource billing and collections
Limit the risk of unpaid invoices
Enjoy additional services and discounts
Transwest’s freight factoring services offer transportation companies:
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Same-Day Funding
Get paid within hours of delivering your load
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Low, Flat Rates
Fixed rates give you cost concertainty
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Full Advances
No reserves or holdbacks
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Flexible Contracts
Month-to-month and longer term contracts available
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Fuel Card Discounts
Average $0.47/gallon savings at 1,800+ U.S. locations (*Q1 2024)
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Free Fuel Advances
40% of the load up to $2,000
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No Hidden Fees
No setup fees, termination fees, monthly minimum fees, or invoice fees
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Free Credit Checks & Analysis
Free, online 24/7 credit checks and expert advice
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Top-Rated Customer Service
4.9 Rating on Google Reviews (*Q3 2023)
Save BIG on Fuel
TCS Fuel Card-The Best Fuel Discount Card for Truckers
Fuel costs can take up a big portion of your trucking company’s operating expenses. Transwest Capital has partnered with TCS to bring you best-in-class fuel card services.
The TCS Fuel Card is a comprehensive fuel card for trucking companies of all sizes. Our program provides the money-saving fuel discounts you want, and the fuel management tools needed to find the best discounted fuel prices at more than 1,800 in-network locations across the United States.
-Mounir N., Transwest Capital trucking client
“The best choice I have ever made since 2012 in trucking business, was choosing Transwest. They have been on my side since I opened my company helped me through many critical situations and always satisfied my needs. All the ladies in the office are also amazing and have always been the most helpful. I’m very glad to be part of Transwest and nobody can change my mind about them looking forward to many more years of working with them.”
-Humberto R, Transwest Capital trucking client
“If you're looking for a good factoring company, I highly recommended Transwest Capital. We've been working with Transwest Capital for almost 10 years and I can say we are very pleased to be working with them. They show great customer services, they work above and beyond to help with anything, they show appreciation to their customers and they never fail to impress me. Thank you guys! We appreciate your business!”
Latest Transportation Industry Insights
FAQs
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Freight factoring is very simple:
1) You deliver your load(s).
2) You submit your invoices. With Transwest Capital, we have an easy-to-use funding portal.
3) You get paid the same day.
4) Your client pays the factoring company (Transwest Capital). -
Once your invoice is verified, we fund your load the same day. You can receive funding within hours.
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Yes, over the last 16 years, we have developed many relationships in the transportation industry. While we prefer to remain experts in our dedicated field (factoring), call us at (877) 741-1301, and we will connect you to our trusted partners.