Services

Transfac Capital Offers the following services to the Transportation industry

 

Transportation Invoice factoring

Most businesses in the Transportation industry could make more money if they had more of their money. Funds could be used to hire more people or purchase more fuel, or payroll. However, many Transportation companies have thirty plus days of sales tied up in accounts receivable. Factoring solves that by funding cash on invoices immediately instead of having to wait thirty days, sixty days or more.

 

Transportation Accounts Receivable Line of Credit

Cash flow in a business is not always the same from day to day or week to week. Many companies have sporadic cash needs at different times in their business cycle. A Line of Credit using Accounts Receivable can smooth out cash flow and allow the business to be most efficient with its financial resources.

 

Transportation Inventory Financing

Carrying large product inventory to service Transportation industry customers can create a cash flow problem. We can finance that inventory, along with the accounts receivable factoring, to reduce strain on daily cash flow.

 

Transportation Purchase Order Financing

If a Transportation client experiences a significant delay between an order and its completion, their cash flow is affected. We can advance funds on a purchase order and when the invoice is created, finance the account receivable. The client will be able to pay the expenses and service their customer.

 

Transportation Accounts Receivable Management

Transportation Accounts Receivable Management Service for businesses and AR Assist for lenders are designed for situations where a Transportation business does not need funding, but does need the professional accounts receivable management that a company with over six decades of experience like Transfac Capital can provide.

 

Transportation company Debtor In Possession (DIP) Financing

Transportation Companies receiving DIP financing have a shorter reorganization period and are more likely to emerge from the Chapter 11 process quicker. Transfac Capital’s experienced staff and legal team have provided DIP financing to several Transportation companies including long haul trucking, and gas and oil service trucking companies. Transfac Capital can be your solution and will provide DIP financing up to $5 million dollars.