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Fast Cash Flow Solutions for Growing Trucking Companies
How It Works
After delivering a load, your approved freight invoice can be submitted through our factoring partner for review. Once approved, a significant portion of the invoice value is advanced quickly, allowing your business to maintain steady cash flow while waiting for customer payment.
When the broker or shipper pays the invoice, the remaining balance is released after applicable factoring fees are deducted.
Benefits for Alfa ELD Customers
- Faster access to working capital
- Improved cash flow for fuel, payroll, and maintenance expenses
- Reduced administrative burden related to invoice collection
- Flexible invoice submission options
- Support for growing fleets and owner-operators
- Better financial stability during periods of rapid growth
Built for Transportation Businesses
Our factoring partner understands the unique challenges of the transportation and logistics industry, including long payment cycles, fluctuating fuel costs, and the need for predictable cash flow.
Whether you operate a single truck or manage a growing fleet, Alfa ELD can connect you with a factoring solution designed specifically for trucking companies.
Important Information
Factoring services are provided in collaboration with an independent financial partner. Approval, advance rates, fees, and payment terms are determined by the partner based on invoice quality and customer creditworthiness.
If you’re looking for a smarter way to keep your fleet moving without waiting weeks for freight payments, contact Alfa ELD to learn more about our Factoring Partner Program.