1st Commercial Credit is a non-recourse factoring company that services all transportation-related industries in the USA. Processing the freight bills and load confirmations has never been easier. Our clients simply upload their documents and we generate the invoice, fund our client and process the documents for collection to the freight broker.

Trucking companies face significant expenses such as truck payments, payroll, fuel, insurance, maintenance, and taxes. To thrive, these businesses need a consistent cash flow to cover daily costs and support growth. However, managing day-to-day operations while waiting 30, 60, or even 90 days for payment for completed loads is often impractical. Invoice factoring addresses this challenge by converting invoices for completed loads into immediate cash deposited into your bank account, thus eliminating the wait for payment. The reliability of cash flow from invoice factoring surpasses even the quick-pay programs offered by freight brokers, as provided by 1st Commercial Credit.

Freight invoice and load factoring offer ideal financial solutions for fleet owners of all sizes, owner-operators, and brokers. These parties can sell their outstanding invoices to a factoring company at a slight discount, eliminating the need to wait weeks for payment and assuming credit risk. Invoice factoring has emerged as a staple service in the trucking industry, making it unnecessary to take out loans. Given the narrow profit margins in the trucking sector, invoice factoring helps avoid the need for costly Merchant Cash Advance Loans.

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Receivables financing has become a primary financial option for freight and trucking companies to gain immediate access to working capital. Freight factoring companies give you up to 97% of your unpaid invoices within 24 hours and take care of daily collections required. No more turning down contracts.  A non-recourse factoring agreement can significantly enhance the financial stability of your trucking company, ensuring that your operations continue smoothly and supporting your business growth every day.

1st Commercial Credit is proud to support the unique needs of reefer trucking companies with our adaptable and flexible services. With over 20 years of experience, we understand the critical role that efficient cash flow plays in the success of your business. We offer one of the quickest processes for application, approval, and documentation in the industry, tailored specifically for reefer trucking operations. Recognizing that reefer trucking requires more fuel than standard trucking, we provide fuel advances to ensure your refrigerated equipment always has the necessary resources to stay operational. This is crucial, especially when cash flow is constrained, to maintain uninterrupted operations during trips.

A company that factors the trucking industry like 1st Commercial Credit makes freight factoring for reefer haulers easy when it comes to setting up. Our main priority is to give you access to funding as soon as possible so you can carry on with running a successful business.

A small trucking fleet faces challenges that are unique and cannot be solved using a cookie-cutter approach. We understand these challenges and are able to create unique solutions to help the trucking company out. Credit Cards are available for approved trucking clients along with temporary loans for permits, insurance and equipment can be accomodated.