You’re an ambitious trucking company owner with big plans for growth. But unpredictable cash flow and long payment terms from customers are holding you back. What if there was a way to get paid right away and have consistent working capital to invest in your business? Now there is, thanks to HMD Financial’s innovative factoring solutions. They’ve helped trucking ventures like yours empower growth for over 20 years. Imagine being able to upgrade your fleet, hire more drivers, and take on new contracts without worrying about delayed payments. HMD Financial buys your accounts receivables and gives you an immediate cash advance, often within 24 hours. You can stop wasting time chasing payments and get back to focusing on expanding your company. Learn how factoring provides the freedom and flexibility you need to take your trucking business to the next level.
Factoring: Basics and Benefits
Factoring provides immediate access to cash tied up in unpaid invoices. This flexible financial solution offers major benefits for trucking companies.
Accelerated Cash Flow
With factoring, you get your money within days, not weeks or months. We advance up to 90% of the invoice amount, injecting money into your business quickly. No more waiting for customers to pay – the operating capital is already in your hands.
Protection from Default
Bad debt and customer defaults are risks faced by any trucking business. Factoring protects your business by taking over the responsibility of collecting payments. Our company’s experts handle invoicing and collections, protecting you from potential losses.
Fuel Growth
Additional cash means you can upgrade vehicles, hire quality drivers, and take on more clients. Factoring provides a steady stream of revenue to support expansion, enabling your trucking company to grow rapidly.
Focus on Operations
Running a successful trucking business demands your full attention. Factoring lifts the burden of collections and account management, so you can concentrate on the day-to-day work of keeping your venture moving.
When you choose a factoring company, you get a trusted ally to help your trucking company grow. Our customized solutions provide the funding and expertise to help you meet challenges, seize opportunities and realize your vision for growth. Choose factoring – choose freedom and financial control.
HMD Financial’s Expertise in Trucking
Our company has more than 25 years of experience in providing factoring services to freight companies. Our experience allows us to develop solutions that contribute to the development of your company.
Flexible Funding
We understand cash flow is king in the trucking industry. Our factoring services unlock funds tied up in receivables, providing flexible financing so you have cash when you need it. Say goodbye to waiting 30-90 days to get paid. With us, you’ll have access to 95% of your receivables within 1-2 business days.
Industry Insight
Decades of experience have given us insight into challenges faced by trucking ventures. We stay up-to-date with trends to develop services that address your actual needs. Our tailored solutions shield companies from industry volatility, allowing you to focus on growth rather than worrying over accounts receivable.
Partnership Built to Last
We view our clients as long-term partners, not just customers. Our goal is your success. We handle the burden of collecting payments and verifying receivables so you can concentrate on running your business. Our committed team provides support and guidance to help you navigate obstacles and seize new opportunities.
With HMD Financial as your trusted partner, you’ll have the funding, protection, and support to empower your trucking venture. Our unparalleled expertise in receivables management helps companies across the U.S. fuel growth and gain financial confidence. Discover what we can do for your business success.
Support and Partnership
When you choose us as your factoring partner, you get much more than just accounts receivable financing. We provide the support and guidance to help your trucking company thrive.
Advice and Insight
Our team has decades of combined experience in the transportation industry. We understand the challenges you face and can offer helpful advice for overcoming obstacles or taking advantage of new opportunities. Don’t hesitate to tap into our knowledge and expertise.
Personalized Solutions
We get to know your unique business and customize factoring solutions to fit your needs. Whether you need funding for expansion or help managing cash flow, we structure terms and options that work for you. Our flexibility and range of services allow us to support ventures of any size or scope.
Commitment to Your Success
At HMD Financial, your success is our success. We do more than just provide factoring capital—we invest in your growth and work to build long-term partnerships. You can rely on us as a trusted ally and advocate, there to help navigate difficulties or cheer you on when things go right. Our commitment to your prosperity means you can focus on running your business while we work behind the scenes as your financial support system.
Through transportation industry-focused factoring and a partnership approach to clients, our company helps trucking companies reach their full potential.
Conclusion
Now you can stop sweating invoices, aging receivables, and cash crunches—and start focusing on the big picture. Think growth, upgrades, expansions. The possibilities are endless when consistent cash flow is on your side. Why wait any longer? Take your venture to the next level with a factoring partner as invested in your success as you are. At HMD Financial, empowering trucking is what we do best.