Apply Now
Buy Now
Apply Now
Apply Now

Trucking and Transport can’t wait on their A/R

Group 1647

Trucking and Transport have unique requirements, and many businesses in this industry need access to the capital locked up in their accounts receivable.

We are here to offer you various options to meet your needs, whether it's through factoring, lines of credit for accounts receivable, or equipment financing. CBF is committed to helping you grow your business and find the solutions that work best for you.

Knowing the difference may put thousands back on your bottom line.
Features
A/R LOC
Factoring
Advance Rate
90% *
75% *
Ownership of Receivables
The business retains ownership of its accounts receivable.
The business receives immediate cash (usually a percentage of the receivable’s value) from the factor.
Limit of Funding
The business can borrow against its accounts receivable up to a predetermined credit limit.
The business receives immediate cash (usually a percentage of the receivable’s value) from the factor.
Cost
Interest is typically charged on the borrowed amount.
The factor charges a fee, which can include a discount on the receivable’s face value.
Control
The Business maintains control over its customer relationships and collections
The factor takes control over the collection process, which may affect the business’s customer relationships.

* advance rate ultimately decision is based on the lender, industry of the applicant and the strength of the invoices. The rate may vary.

Examples of your funding options!

Group 1056

A/R LOC

Click to learn more!

A/R LOC
Group 1647

Factoring

Click to learn more!

Factoring
Group 1058

Equipment Financing

Click to learn more!

Equipment Financing

Request more Information

Click the button to request more information or book a call and our intake team will review your options with you.

Get In Touch

Let's Make Your
Business Awesome

Apply Now
Group 1646