Invoice Factoring for Trucking

Over 3,200 Customers Funded

Over 18 Years in Business

Recent Transactions

$250,000

Small Fleet Trucking Company

$350,000

Clerical Staffing Agency

Trucking Receivable Financing Rates at 0.69% to 1.59%

18 Years In business & Over 3,200 Clients Funded

  • Unlimited & Predictable Cash flow
  • No Up Front Fees to Set up
  • No Financials Required
  • Low Credit Score Accepted
  • 3 to 5 Day Initial Setup
  • Free Invoicing Software
  • Canadian Fuel Card Discounts
  • Free Driver Apps to Upload Bill of Lading
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or

Financing Receivables for Canadian Trucking Companies.

Available for Canadian Trucking Fleets

Have you exhausted your efforts at the bank?

If your trucking company is selling on credit terms and has unpaid invoices, 1st Commercial Credit can help you get funding in 3 to 5 working days.

  • Flexible Set up Process
  • Free Trucking Invoicing Software
  • Free Driver App for Uploading Docs
  • Fuel Card Discounts
  • Same Day Decisions
  • Fuel Advances Available
  • We Fund on Digital Images

We Lend More than the BANK

Simple & Flexible Factoring for Small to Medium Size Trucking Fleets Get Your Funds in 3 to 5 Days

  • Up To 97% Advance
  • No Financials Required up to $350,000
  • Rates at 0.69% to 1.59%
1

Unlimited Funding & Predictable Cash Flow

Your trucking company has unlimited growth limitations with our funding program. Your line of credit grows with your credit terms sales and can start a with as little as $10,000 to $10 Million in monthly sales.

Cash Flow for trucking companies using receivable financing
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2

Flexible Underwriting & Same Day Decisions

We fund trucking companies with more eligibility on receivables than a traditional lender or bank, with 90% less paperwork. Get approved and setup in 3 to 5 working days. We do not underwrite like slow decision banks.

Fast and flexible underwriting
Start Today
3

Why Is 1st Commercial Credit Different?

Trucking & Freight companies come to us due to our quick & flexible approval process, high credit limits, low rates, transparent fee structure, and free Trucking invoicing software that creates your funding schedule.

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Most of our Trucking clients are either:

  1. Fast growing trucking companies whose past earnings and sales histories will not justify the increased borrowing or are out of self-financing resources.
  2. Trucking fleets that have outgrown their bank facility.
  3. Start-up operations with no financing base to rely upon or companies with seasonal or uneven sales patterns.
  4. Principals with bad credit and cannot obtain traditional financing.

Get A Quick $350,000 in 3 to 5 Working Days

WE Lend more than the BANK and Make Same Day Decisions

  • Financing Rates at 0.69% - 1.59%
  • WE Accept Low Credit Scores
  • WE Fund Faster than Any Bank
  • No Up-Front Fees To Set Up
  • No Financials Required
  • Fuel Cards Available
  • Term Loans for Permits and Insurance
  • Free Driver Apps for Uploading Bill of Lading

Why Choose Us for your Trucking Company?

Accounts Receivable Financing is our Business. 18+ years in business

  • Financing Rates at 0.69% - 1.59%
  • 10,000 & up to 10 million Facilites
  • No Financials Required
  • Set up in 3 to 5 working days
  • No up-front fees - No hidden fees
  • No facility fees - No Audit Fees
  • We offer Fuel Card Discounts
  • Free App for Drivers to Upload Docs
  • We Make Same Day Decisions
  • No Monthly Minimums
  • No invoice Minimum Fees
Get Started Today
or

What type of trucking companies qualify for freight factoring services?

Any Trucking Company can qualify for a receivables credit line if:

The Trucking Company hauls for credit worthy shippers or freight brokers and it has not pledged accounts receivable as collateral.

  • Carriers
  • Dry Van and Flat Bed
  • Long-Haul Truck Load,
  • Local Delivery or LTL
  • Automobile Haulers (case by case basis)

1st Commercial Credit offers unlimited freight factoring services for Canadian trucking companies

The more sales you generate, the larger your credit facility becomes.

We accept trucking companies with as little as $10,000 a month in sales to $10 Million.

The ultimate value in our funding programs is "Consistent Predictable Cash Flow". Your trucking company no longer has to wait for checks to come in and clear the bank to make payroll, pay fuel card accounts and taxes.

Trucking Company Owners Enjoy Flexible Underwriting

Same Day Decisions puts your company back on the road sooner

1st Commercial Credit is an accounts receivable finance company that specializes in advancing funds against the face value of your invoices sold on credit terms for delivered loads. Rate confirmation and Bill of Lading should be accompanied by your invoices. If you have invoices sold to a credit worthy accounts, that's 95% of the approval process. We have funded over 3,200 businesses just like yours and we are very confident in finding a solution for your funding needs.

We move very fast and when a business owner is in need of funding within a week to make payroll, lease payments, fuel accounts and pay taxes. Business owners with low credit scores are accepted in our underwriting process.

Quick Fill Out Form - Get Started Today

What Makes 1st Commercial Credit Different from other Receivable Lenders?

Selective Clients For Funding

We allow for you to pick and choose the shipper and freight brokers you wish to enroll for invoice financing. No need to send in all the customers you have for funding. We want you to use what you need when you need it, and as your business gross you can use more or you can stop if you are able to retain earnings.

Credit Analysis for Account Debtors

We are constantly monitoring credit in the portfolio to prevent losses in case a customer's payment trend begins to slip.

Free Invoicing Software

All clients are given the option to use our proprietary invoicing software that helps in creating the invoice, merges Bill of Lading and Rate Confirmation documentation and prepares the documents for funding. Saves up to 70% in time consolidating documentation for invoicing. Free app for drivers to upload documents with their cell phone and immediately available for submitting for funding.

1st Commercial Credit is providing the cash flow solutions for the freight and trucking industry.

Freight companies that are unable to achieve a sustainable cash flow are going to find it difficult to keep rigs on the road and meet customers' expectations. The shipping organizations with solid financial plans are the ones that have their cash flow issues figured out in advance. How can your freight company get the cash it needs without adding more debt to your bottom line? You need to get involved with an experienced freight factoring company that understands the challenges of your industry and has the flexible freight bill factoring plans that you need.

The vast array of financial services created by 1st Commercial Credit were developed to help freight companies. We have an Internet-based invoice approval process that allows us to determine the eligibility of an invoice in a matter of minutes.

The latest proprietary software developed for trucking companies provides fast invoicing and document merging solutions. This helps trucking companies submit their invoices for funding with 70% less time than with other lenders.

Request a callback

Request a callback today!

Receivable Financing Rates

Financing Rates at 0.69% to 1.59%

  • Quick Approval Process!
  • No Financials up to $350k
  • Easy Set-Up in 3 to 5 Days
  • Over 17 years in business
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