Recourse factoring companies will typically have a minimum volume requirement that you'll need to meet before you can use their services. Recourse factoring fees start at 3%. Established in 1991, Porter Freight Funding is a financial services firm headquartered in Birmingham, Alabama.
Porter Freight | iPhone iPad Apps! Appsuke! Flexible financing options through Porter Capital can offer quick cash.
Porter Freight Funding Reviews & Profile | GoodFirms Staffing companies need funds to cover payroll and contractor checks. We offer flexible contract options for our clients. This newly formed branch specializes in funding solutions for the trucking industry through capital freight factoring. Porter Freight Funding has plenty of financing options for industrial and service companies. Porter Capital & Freight Funding teams came together for a great cause, helping our friends at @BanksAcademy move into their new location in August.
Get the lowest insurance quotes from our trusted insurance partners. With financial services like accounts receivable factoring and asset-based lending, you can get the cash you need to stay afloat. CEO Approval. Porters most valuable asset is its staff that has 100+ combined years of freight factoring experience. Same-day pay, flexible contracts, non-recourse and recourse programs. Porter Capital | 1,359 followers on LinkedIn. In 2011, Porter Capital acquired an experienced transportation factoring company and formed Porter Billing Services, LLC, now named Porter Freight Funding, which specializes in funding solutions for the trucking industry through freight factoring by providing 24-hour pay of freight invoices. ~Debbie, Porter Freight Funding is the BEST!! Caters to women- and minority-owned businesses. Submitting Paperwork: Submit load paperwork for funding on the go.
Porter Capital Group 2022 Strategic New Hires Map application containing an extensive collection of GIS data for Porter County . A fast receipt of funds can be critical if a company needs to pay its employees or suppliers immediately and cannot wait for traditional financing. Contact Freight Funding Make the smarter choice for cash flow with Freight Funding.
Profile Listing for Porter Freight Funding | FactoringClub This form of financing helps companies cover payroll costs and other business expenses. United States Porter Freight Funding 2112 1st Ave. N, Birmingham, Alabama 35203 2053970934 Focus Area Service Focus Business Services 100% We are trusted by thousands for improving trucking businesses' freight operations, increasing cash flow, getting paid fast, and providing clients with the resources they need for success. However, using Porter Capital may have a few drawbacks: When a company factors their accounts receivable with recourse, they will have to pay the finance company back if the customer doesnt pay their bill. All rights reserved.
Learn about additional funding with Porter Freight Funding. According to Portal Capitals website, you can receive funding in as little as 24 hours. Porter Freight Funding | Birmingham AL In 2011, Porter Capital acquired an experienced transportation factoring operation and formed Porter Freight Funding, formerly Porter Billing Services. | Porter Capital Corporation was founded in 1991 by brothers Marc and Donald Porter in Birmingham, AL. For example, companies can choose to factor invoices of a specific dollar amount or those of a slow-paying customer. As a direct lender and factoring company, Porter . Personal Guarantees Saguenay inc.
10 Best Factoring Companies for Box Truck in 2022 In addition to its flexible factoring services, which have no long-term commitments or contracts. We help trucking companies start and grow their businesses.
Porter Freight Funding - Transportation/trucking/railroad - Overview Whenever we have a question, our rep is there to give us answers quickly., We have been with Porter Billing for almost 3 years. Need cashflow resources for your business? Factoring accounts receivable provides cash to companies so that they can pay business expenses. We also recently donated to the Red Cross . Driven by the needs of our customers, we deliver individual freight forwarding solutions tailored to our clients requirements. Prior to joining Porter Freight Funding, Coniglio was a Digital Marketing Specialist at Thompson Tractor Company, where she managed digital marketing strategy for 30 brands and 200 product lines.
Best Trucking Factoring Companies for 2022 - Solution Scout Funding your trucking company by factoring invoices can provide the cash flow you need to run your business in the fast lane. A company can pick which accounts receivable invoices they want to factor. This type of financing can be repaid as the company sells its inventory. Factor Funding Co. The company specializes in accounts receivable financing and asset-based lending - plus a fuel card! These strategic new hires will bring both valuable insights and industry experience to their roles," said Marc Porter, CEO of Porter Capital. Porter Freight Funding. This field is for validation purposes and should be left unchanged. Porter Freight's staff is the most valuable asset around, with over 100 years of combined experience in freight bill factoring operations and the transportation industry. Porter Freight Funding was founded in 2011. Without consistent and fast funding, covering continuing obligations like wages or rent can be challenging. Freight Funding has your back. 21 talking about this. With 100 combined years of trucking factoring experience, its safe to say we know what were doing. This should demystify the process for you. Save money on every haul with the industrys best fuel card. Non-recourse factoring companies have no volume commitments. They offer a wide variety of working capital solutions, including invoice factoring, supply chain financing, and business loans.
Porter Freight Funding - Facebook Plans previously stated warehouses on the site . Fuel advances are available for 45% of the load.
Working at Porter Freight Funding | Glassdoor Attract quality carriers by establishing and building credit through factoring. Without any spending caps, this card earns an attractive 2% cashback on every transaction. Recommend. Avoid costly mistakes with help from industry experts. The company specializes in accounts receivable financing and asset-based lending plus a fuel card! We work with both small businesses and large businesses to provide consistent cash flow to run a smooth trucking operation.
Porter Freight Funding - Posts | Facebook Alternatives and possible competitors to Porter Freight Funding may include Southwest Freightlines, U.S. Good coworkers and office location. Porter Capital Corporation was founded in 1991 with the purpose of providing working capital solutions for a variety of businesses, including businesses in the transportation industry.In 2011, Porter Capital acquired an experienced transportation factoring operation and formed Porter Freight Funding, formerly Porter Billing Services. However, your company also runs the risk of having to repay the finance company. Any gaps in funding can wreak havoc on a companys cash flow. With most of their users in transit, Porter needed to be competitive and use a mobile app to increase the number of loads clients could process. Our non-recourse plan accepts all the credit risk if your brokers or shippers dont pay. We offer factoring and finance solutions with rates as low as just 0.75%. From the initial transfer from our previous company to date, we have had excellent customer service. Use AroundDeal to build prospect lists in 1 click. Account Manager AT Porter Billing Services. They help trucking companies of all sizes get access to consistent cash flow.
Factoring Broker Referral Program | Porter Capital Get the funding you need quickly and manage your trucking business with ease. View Employees from Porter Freight Funding. Call Toll Free: 1-888-637-4330 As a direct lender and factoring company, Porter Capital has offered over $6 billion in funding since its inception. If your bank account needs a cash infusion, Porter Freight Fundingl offers an array of short-term, working capital solutions to help your firm stay afloat. Porter Freight Funding is perfect for owner-operators and mid-sized trucking companies thanks to its wide array of flat rate pricing, contract lengths and payment terms. Eclipse Worldwide, is a progressive and dynamic international freight forwarding company.
6 Best Factoring Company for Trucking - FreightWaves Ratings porter county gis property search Businesses need cash to operate, grow, and thrive. Two key players that enable this complex market to succeed are freight forwarders and freight brokers. Triumph Business Capital. 4 talking about this. Read our GDPR, CCPA compliance, Discover our comprehensive and accurate B2B database, Financial Services,Transportation/Trucking/Railroad. Porter Capital Corporation was founded in 1991 with the purpose of providing working capital solutions for a variety of businesses, including businesses in the transportation industry. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Where smart businesses find their factoring company! At Porter Capital, we help small and medium-sized businesses across North America thrive by providing reliable funding to reduce the impact of long invoice repayment periods. These financing options also help stabilize cash flow peaks and valleys caused by slow-paying customers or seasonal industries. There are no hidden fees what you see is what you get. Active, Closed, Alternate or previous names for the organization, Porter Freight specializes in funding solutions for the transportation industry through capital freight factoring, Find More Contacts for Porter Freight Funding, $9.7MM Aerospace Parts Distributor Deal Funded - Porter Capital, Crossroads Financial, & Change Capital.
Porter Freight Funding Reviews | Glassdoor We have true non-recourse and recourse factoring programs to meet your trucking companys needs. We also have strategic partnerships with dispatching services, equipment providers, insurance providers and compliance services. Porter Freight Funding provides account receivable factoring services through 24-hour pay on all freight invoices they submit, access to a large dispatching network with pre-approved brokers. 01604 759888.
8 Best Factoring Companies in 2022 - Solution Scout Since the finance company bears less risk, it costs less to factor invoices with recourse. Applying for transportation financing through Porter Capital gives businesses the cash flow they need to run their business without the hassle of worrying about billing and collections, making sure your drivers get paid instantly. Porter Freight Funding 2112 1st Ave. N., Birmingham, AL 35203 Alabama Birmingham Year founded: 1991 No. Look for popular rankings and useful iPhone apps! Salaries, reviews, and more - all posted by employees working at Porter Freight Funding. Porter Capital doesnt specifically list the fees that you pay with their funding solutions. Weve been in business since 1991 and have helped thousands of customers build their trucking businesses. Porter Freight Funding is an invoice factoring company that serves small and mid-sized trucking companies throughout the United States. Porter Capital provides solutions to companies that may be unable to obtain traditional bank financing.
Partnership with kathy ireland Worldwide | Porter Capital parking lot was across the road. This gas card is great for large businesses that spend a lot of money on fuel. Pricing: Contact Porter Freight Funding to receive a personalized quote. If a lack of cash is damaging your business, find out how Porter Freight Funding can help you. Mobile App. Being on the road is tough as it is, [], portercap_admin2022-10-17T20:19:52+00:00October 17, 2022|, In 2021, businesses transported more than $1.33 trillion in freight through various transportation methods, such as trucks and trains. Porter Freight Funding 4mo Report this post We had a great time running in the 16th Annual Zoo Run. Porter Freight Funding provides account receivable factoring services through 24-hour pay on all freight invoices they submit, access to a large dispatching network with pre-approved brokers and shippers, and free fuel cards with fuel advances and discounts across the country for truck drivers. Our clients get access to our expert dispatchers to find them the best paying loads, a pre-approved list of brokers to work with, and a database of 250+ broker options. 2022 FactoringClub. Porter Freight Funding's fuel card program provides a discount of 14 per gallon at large fuel stations and up to 25 off at many smaller locations. Coupled with factoring services, the company also offers a dispatching network with pre-approved brokers and shippers. They offer a wide variety of working capital solutions, including invoice factoring, supply chain financing, and business loans. Porter Freight Funding provides account receivable factoring services through 24-hour pay on all freight invoices they submit, access to a large dispatching network with pre-approved brokers.
Top 10 Freight Factoring Companies as Chosen by Carriers - DAT Porter Freight Funding provides account receivable factoring services through 24-hour pay on all freight invoices they submit, access to a large dispatching network with pre-approved brokers and shippers, and free fuel cards with fuel advances and discounts across the country for truck drivers. Out of all the freight factoring companies in the United States, you deserve to work with the best for your trucking business! Double brokering occurs [], We work with both small businesses and large businesses to provide consistent cash flow to run a smooth trucking operation, Differences Between Non-Recourse and Recourse Factoring. Asset-based lending, inventory financing, and working capital loans may be available. On the other hand, non-recourse financing means that your company is not liable if the customer does not pay. Porter Capital Corporation was founded in 1991 with the purpose of providing working capital solutions for a variety of businesses, including businesses in the transportation industry. See what employees say it's like to work at Porter Freight Funding. Be the first to find this review helpful. Formed in August 1999, Eclipse Worldwide are a . We provide a flexible, entrepreneurial approach to the working capital that our clients truly need. Bank of America Business Advantage Customized Cash Rewards Credit Card. We serve small, medium and large-sized trucking companies throughout the United States. Rather than waiting 30 days or more to get paid, a company can receive cash quickly when they factor accounts receivable invoices with Porter Capital. We want to earn your business rather than locking you into a long-term contract. Equipment financing & insurance programs. Absolutely all the good news and all the positive reviews about Mrs Sophia James fx an expert, skilled, and trustworthy Forex/Binary broker is 100% factual and true as I invested part of my hard-earned salary of $1,000 where Mrs Sophia James fx Traded on my account . Thank you..We really appreciate all you have done for us.I would Highly recommend Porter Billing for all your factoring services!! Ipad Apps formed in August 1999, eclipse Worldwide, is a financial services like receivable. Want to factor medium and large-sized trucking companies start and grow their businesses a cash... A financial services like accounts receivable factoring and finance solutions with rates as low as just 0.75 % say. As low as just 0.75 % with Freight Funding solutions tailored to our clients truly need Advantage Customized cash credit. 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