WHAT IS FACTORING
In order for carriers not to wait 30 – 45 days to get paid by the broker for the delivered load, they can send their invoice to a factoring company, where the factoring company gets carriers paid within 24 hours or less!
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FACTORING
ADVANTAGES OF FACTORING
-provides necessary capital when your company needs it,
– provides a line of credit based on sales ,not your company’s net worth :
– no limit to the amount of financing,
It’s good with start- up companies that need instant cash flow to grow their business etc.
RTS Financial
All-in-One Solution
Factoring companies offer flexible rates depending on how big your fleet is, what you’re hauling, and what your monthly volume on average would be.
Factoring Fee
The factoring fee starts at a 3% flat rate (per month, not per invoice ).
No setup fees, ACH fees, or any hidden fees (invoicing fee, transaction fee, collection fee,).
Nonstop Updates
Nonstop Updates
We strive to innovate when it comes to functionality. Our mission is to be the best, come and join the ride.
24/7 Dedicated Support
24/7 Dedicated Support
Every one of our customers receives personalized assistance from our dedicated support team.
FUEL CARDS
DISCOUNT
FLEET ONE
Use it for any gas station !
80c Discount
Line of Credit 3800 $ per week / per truck
Runs Credit check
monthly fee 6$
24/7 Support
DISCOUNT
RTS TITAN
Any Pilot Flying J gas station !
12-16 Discount
Line of Credit 2000 $ per week / per truck
No Credit check
NO FEES
24/7 Support
Bundle
Bundle – to get a lower factoring rate !
If you’re using both factoring and fuel cards with us, you get a discount, whereas your factoring fee would be 2,75% !
RTS PRO
A mobile app where you can access your factoring account!
Use it anytime, anywhere to scan your paperwork, check your invoice status, etc.
This is the place where you’ll also find :
Our private load board provides around 10 000 loads per day! No fees!
Credit broker check- so you can see how each broker is rated, and if they’re approved in our system
Fuel Map- so you can see where the gas stations are and what discounts you can get for your fuel, maintenance, and tiers