porter freight funding

This form of funding requires the manufacturing company and the buyer to work together through a supply chain financing company, such as Porter Freight Funding. Without any spending caps, this card earns an attractive 2% cashback on every transaction. | Porter Capital Corporation was founded in 1991 by brothers Marc and Donald Porter in Birmingham, AL. Fuel advances are available for 45% of the load. Attract quality carriers by establishing and building credit through factoring. Jul 19, 2022 - Business Development Representative in Birmingham, AL. Submitting Paperwork: Submit load paperwork for funding on the go. eclipseworldwide.co.uk. Porter Freight Funding provides account receivable factoring services through 24-hour pay on all freight invoices they submit, access to a large dispatching network with pre-approved brokers. This form of asset-based lending advances funds based on asset value, which can then be used to pay for business expenses or inventory replenishment. Instead, they tend to work on an as-needed basis. Porter Capital Corporation was founded in 1991 with the purpose of providing working capital solutions for a variety of businesses, including businesses in the transportation industry.In 2011, Porter Capital acquired an experienced transportation factoring operation and formed Porter Freight Funding, formerly Porter Billing Services. Active, Closed, Alternate or previous names for the organization, Porter Freight specializes in funding solutions for the transportation industry through capital freight factoring, Find More Contacts for Porter Freight Funding, $9.7MM Aerospace Parts Distributor Deal Funded - Porter Capital, Crossroads Financial, & Change Capital. In addition, distribution companies may also factor their accounts receivable invoices or get cash through supply chain financing. With our fully capable account management team and the power of Winfactor, keeping the trucks hauling has never been simpler. Porter Freight Funding. Inquire within for a custom quote. This gas card is great for large businesses that spend a lot of money on fuel. parking lot was across the road. The Porter may also transport complex and valuable equipment that may need expert handling around the building. Since it was founded in 1991, Porter Freight Funding has expanded to become a leading provider of accounts receivable financing and asset-based lending solutions. Businesses need cash to operate, grow, and thrive. Additionally, Porter Freight has access to insurance, compliance, and trucking equipment partners to better support our trucking industry clients! Porter Capital Corporation was founded in 1991 with the purpose of providing working capital solutions for a variety of businesses, including businesses in the transportation industry. In 2021 our total invoice volume funded was $983 million. Freight factoring company specializing in the transportation industry, serving trucking companies large and small. Porter Freight Funding was founded in 2011. Staffing companies need funds to cover payroll and contractor checks. We have true non-recourse and recourse factoring programs to meet your trucking companys needs. Porter Capital provides solutions to companies that may be unable to obtain traditional bank financing. See what our clients say about factoring with us, Meagan Graessle is one of the BEST customer service reps. She is so very helpful and always friendly. Through the acquisition of Resource Billing Services, Porter Freight Funding has nearly 100 years of cumulative experience in the transportation factoring sector. Porter Capital Corporation was founded in 1991 with the purpose of providing working capital solutions for a variety of businesses, including businesses in the transportation industry.In 2011, Porter . Their diesel credit line also offers up to $2,000 per truck. Porter Freight Funding, a transportation factoring company, needed to convert their existing web application into a native mobile app for on-the-go drivers. Porter Freight Funding's fuel card program provides a discount of 14 per gallon at large fuel stations and up to 25 off at many smaller locations. For example, companies can choose to factor invoices of a specific dollar amount or those of a slow-paying customer. With 100 combined years of trucking factoring experience, its safe to say we know what were doing. BIRMINGHAM, Ala., Jan. 11, 2021 /PRNewswire/ -- Porter Capital, a leading provider of accounts receivable financing and asset-based lending soluti. This site requires ArcGIS credentials. Porter Freight Funding was formed in 2011 with the goal of providing consistent cash flow to small or large trucking companies. Porter Freight Funding is in the sectors of: Freight Delivery. Recourse factoring fees start at 3%. Porter Freight Funding provides these freight factoring benefits: You have your own personal client representative to help you every step of the way. Porter Capital makes it easy to get cash for your company. The company specializes in accounts receivable financing and asset-based lending plus a fuel card! Porter Capital & Freight Funding teams came together for a great cause, helping our friends at @BanksAcademy move into their new location in August. With 100 combined years of trucking factoring experience, its safe to say we know what we are doing. Porter Freight Funding provides account receivable factoring services through 24-hour pay on all freight invoices they submit, access to a large dispatching network with pre-approved brokers and shippers, and free fuel cards with fuel advances and discounts across the country for truck drivers. We work with both small businesses and large businesses to provide consistent cash flow to run a smooth trucking operation. Porter Freight Funding has plenty of financing options for industrial and service companies. Where smart businesses find their factoring company! With most of their users in transit, Porter needed to be competitive and use a mobile app to increase the number of loads clients could process. Manufacturers have other funding options such as factoring and asset-based lending. Prepaid or credit lines. Once the goods are delivered, and the buyer has confirmed that they approve the bill, the manufacturing company gets paid. FreightWaves Ratings cuts through the noise of freight technology product reviews to make you a smarter buyer, accounts receivable financing and asset-based lending. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Porter Freight Funding provides funding to staffing firms through accounts receivable factoring, where companies sell their accounts receivables to get faster cash. Andrea Leadsom, Conservative MP for South Northamptonshire, was discussing the Northampton Gateway Rail Freight Interchange at junction 15 of the M1. Non-recourse factoring companies have no volume commitments. Coupled with factoring services, the company also offers a dispatching network with pre-approved brokers and shippers. This type of financing can be repaid as the company sells its inventory. View contacts for Porter Freight Funding to access new leads and connect with decision-makers. Factor Funding Co. We are trusted by thousands for improving trucking businesses' freight operations, increasing cash flow, getting paid fast, and providing clients with the resources they need for success. Formed in August 1999, Eclipse Worldwide are a . As well as its factoring work, Porter provides access to a dispatching network with pre-approved brokers and shippers and free fuel cards to truck drivers with fuel advances and discounts at chains across the United States. All rights reserved. Porter Freight Funding. Call Toll Free: 1-888-637-4330 Porter Freight Funding was established in 2011 with the goal of providing consistent cash flow to small or large trucking companies. Out of all the freight factoring companies in the United States, you deserve to work with the best for your trucking business! Every client works with a personal, dedicated client representative who knows your business. Absolutely all the good news and all the positive reviews about Mrs Sophia James fx an expert, skilled, and trustworthy Forex/Binary broker is 100% factual and true as I invested part of my hard-earned salary of $1,000 where Mrs Sophia James fx Traded on my account . Porter Capital Corporation offers working capital solutions to companies across the country in a variety of industries and has been in business for over 30 years. Good to know: Discounts available if you sign a six-month or one-year contract. Porter Capital offers working capital solutions to businesses all over the country in a variety of industries. Billing services are provided at no additional cost to our non-recourse clients and are available to recourse clients with an additional surcharge. However, using Porter Capital may have a few drawbacks: When a company factors their accounts receivable with recourse, they will have to pay the finance company back if the customer doesnt pay their bill. Whichever area you join, you become part of a talented, passionate team of people, committed to providing the best care and treatment to patients. In addition to its flexible factoring services, which have no long-term commitments or contracts. Asset-based lending, inventory financing, and working capital loans may be available. Flexible financing options through Porter Capital can offer quick cash. We provide a flexible, entrepreneurial approach to the working capital that our clients truly need. Freight factoring company specializing in the transportation industry, serving trucking companies large and small. Read our GDPR, CCPA compliance, Discover our comprehensive and accurate B2B database, Financial Services,Transportation/Trucking/Railroad. Provident Commercial Finance - Account receivable factoring services. Grow with Porter Capital and get the working capital you need, when you need it. A company will send a bill for the cost of transporting a shipment, but then the company will find that it takes weeks, even months, to get paid. Our expert dispatchers book all loads under your MC number. Porter Freight Funding provides financial solutions through a variety of loan programs targeting diverse industries. We are please with the excellent relationship that we have with our Porter team. ~Jennifer Powell, portercap_admin2022-06-20T16:23:07+00:00May 13, 2022|, If youve been driving a truck for years or are only a few months in, you know that consistent cash flow is critical in the success of your trucking company. Porter Capital | 1,359 followers on LinkedIn. Porter Capital Corporation was founded in 1991 with the purpose of providing working capital solutions for a variety of businesses, including businesses in the transportation industry. Freight financing is a critical trucking and transportation funding tool. Who are Porter Freight Funding 's competitors? Equipment financing & insurance programs. Good coworkers and office location. Cons. Porter Freight Funding 4mo Report this post We had a great time running in the 16th Annual Zoo Run. There are no hidden fees what you see is what you get. We offer month-to-month contracts, with the option ofsigning a discounted 6 to 12 month contract. Our business funding services in Texas can scale with your company and are structured so you don't have to take on more debt. Porter Freight Funding provides accounts receivable factoring and asset-based lending to oil and gas companies. The company also offers benefits like free fuel cards with advances and discounts. However, your company also runs the risk of having to repay the finance company. Without consistent and fast funding, covering continuing obligations like wages or rent can be challenging. . Coupled with factoring services, the company also offers a dispatching network with pre-approved brokers and shippers. Porters most valuable asset is its staff that has 100+ combined years of freight factoring experience. Youll get access to a FREE fuel card with advances and discounts to save you money throughout the year. Porter Freight Funding is perfect for owner-operators and mid-sized trucking companies thanks to its wide array of flat rate pricing, contract lengths and payment terms. Founded in 2011, Porter Freight Funding helps trucking companies of all sizes get access to consistent cash flow. 2. In 2011, Porter Capital acquired an experienced transportation factoring company and formed Porter Billing Services, LLC, now named Porter Freight Funding, which specializes in funding solutions for the trucking industry through freight factoring by providing 24-hour pay of freight invoices. Sign In. You can select which invoices you want to factor. They help trucking companies of all sizes get access to consistent cash flow. These strategic new hires will bring both valuable insights and industry experience to their roles," said Marc Porter, CEO of Porter Capital. A company can pick which accounts receivable invoices they want to factor. Account Manager AT Porter Billing Services. Our accounts receivable financing programs are designed to free up cash flow for your trucking company by funding your unpaid invoices in 24 hours. Porter Freight Funding is located in Birmingham, Alabama, United States. We credit check all your brokers to avoid you working with untrustworthy customers with poor pay terms. Learn about additional funding with Porter Freight Funding. We improve and provide consistent cash flow for your small or large trucking company. Prior to joining Porter Freight Funding, Coniglio was a Digital Marketing Specialist at Thompson Tractor Company, where she managed digital marketing strategy for 30 brands and 200 product lines. These financing options also help stabilize cash flow peaks and valleys caused by slow-paying customers or seasonal industries. In addition to its flexible factoring services which have no long-term commitments or contracts Porter Freight Funding offers a dispatching network with pre-approved brokers and shippers. We are the transportation division of Porter Capital, based in Birmingham, Alabama. Porter Freight Funding provides account receivable factoring services through 24-hour pay on all freight invoices they submit, access to a large dispatching network with pre-approved brokers. Porter Freight Funding is headquartered in Birmingham, Alabama, and has an operations office in Hartselle, AL. Applying for transportation financing through Porter Capital gives businesses the cash flow they need to run their business without the hassle of worrying about billing and collections, making sure your drivers get paid instantly. employees: 51+ Associations: IFA Financial products Financial products: Equipment financing Invoice factoring Minimum factoring amount: $ 10,000 Maximum factoring amount: $ 15,000,000 Industries served Trucking Featured services 24 hour funding Double brokering occurs [], We work with both small businesses and large businesses to provide consistent cash flow to run a smooth trucking operation, Differences Between Non-Recourse and Recourse Factoring. See what employees say it's like to work at Porter Freight Funding. 01604 759888. Porter Freight Funding provides working capital solutions for companies that need to cover overhead costs. Eclipse Worldwide, is a progressive and dynamic international freight forwarding company. In this article, we discuss double brokering and why carriers should be vigilant in vetting brokers. Our non-recourse plan accepts all the credit risk if your brokers or shippers dont pay. They offer a wide variety of working capital solutions, including invoice factoring, supply chain financing, and business loans. Use AroundDeal to build prospect lists in 1 click. With inventory and supply chain financing, working capital loans, and asset-based lending, a company can tap into much-needed cash to pay bills. Porter Freight Funding. Porter Freight Funding serves small to mid-sized trucking companies throughout the United States by providing a flexible, entrepreneurial approach to the working capital needs of our clients.. If your bank account needs a cash infusion, Porter Freight Fundingl offers an array of short-term, working capital solutions to help your firm stay afloat. This newly formed branch specializes in funding solutions for the trucking industry through capital freight factoring. Porter Freight Funding 2112 1st Ave. N., Birmingham, AL 35203 Alabama Birmingham Year founded: 1991 No. Saguenay inc. Freight Funding has your back. Submitting Paperwork: Submit load paperwork for funding on the go We have used them for 1 1/2 years and have always been completely satisfied. We also recently donated to the Red Cross . Pricing: Contact Porter Freight Funding to receive a personalized quote. You will also enjoy one of the most competitive and flexible benefits packages offered . Get the lowest insurance quotes from our trusted insurance partners. Two key players that enable this complex market to succeed are freight forwarders and freight brokers. Porter Capital doesnt specifically list the fees that you pay with their funding solutions. We want to help more companies handle daily operations and grow while rewarding our current referral partners with a 15% commission. A fast receipt of funds can be critical if a company needs to pay its employees or suppliers immediately and cannot wait for traditional financing. We are trusted by thousands for improving trucking businesses freight operations, increasing cash flow, getting paid fast, and providing clients with the resources they need for success. We help trucking companies start and grow their businesses. Factoring accounts receivable provides cash to companies so that they can pay business expenses. Bank of America Business Advantage Customized Cash Rewards Credit Card. Alternatives and possible competitors to Porter Freight Funding may include Southwest Freightlines, U.S. Pricing for Porter Capital working capital solutions varies. Distribution companies can receive instant funding through Porter Freight Funding by financing inventory purchases. With 100 combined years of trucking factoring experience, it's safe to say we know what we're doing. Invoice factoring may be a good financing option for a small or rapidly-growing company that may not qualify for bank financing. By factoring invoices, companies in the oil and gas industry wont have to wait months before getting paid. altLINE is the invoice factoring side of The Southern Bank Company, a community bank based in Alabama. Caters to women- and minority-owned businesses. According to Portal Capitals website, you can receive funding in as little as 24 hours. This should demystify the process for you. TAFS - Multiple factoring program options, including speed funding. Receive top paying loads with our dispatching network. Driven by the needs of our customers, we deliver individual freight forwarding solutions tailored to our clients requirements. In addition, with Porter, truck drivers can access free fuel cards with fuel advances, as well as discounts at . San Francisco Bay Area, Silicon Valley), This is the parent Organization of the sub-organization, Operating Status of Organization e.g. Whenever we have a question, our rep is there to give us answers quickly., We have been with Porter Billing for almost 3 years. Business Outlook. Slow-paying customers and seasonality can stifle a companys operations. We serve small, medium and large-sized trucking companies throughout the United States. United States Porter Freight Funding 2112 1st Ave. N, Birmingham, Alabama 35203 2053970934 Focus Area Service Focus Business Services 100% Recourse factoring companies will typically have a minimum volume requirement that you'll need to meet before you can use their services. Look for popular rankings and useful iPhone apps! The company specializes in accounts receivable financing and asset-based lending - plus a fuel card! We offer flexible contract options for our clients. Copyright 2022 Arounddeal Holdings Limited. Porter Freight Funding provides account receivable factoring services through 24-hour pay on all freight invoices they submit, access to a large dispatching network with pre-approved brokers and shippers, and free fuel cards with fuel advances and discounts across the country for truck drivers. Avoid costly mistakes with help from industry experts. Porter Freight Funding provides cash flow in the gap between the accepting shipment and when the invoice is paid. Any gaps in funding can wreak havoc on a companys cash flow. Get the funding you need quickly and manage your trucking business with ease. Map application containing an extensive collection of GIS data for Porter County . Our rep, Dawn, is very professional and helpful. This form of financing helps companies cover payroll costs and other business expenses. Save money on every haul with the industrys best fuel card. Approval for a non-recourse factoring arrangement may be more difficult. Being on the road is tough as it is, [], portercap_admin2022-10-17T20:19:52+00:00October 17, 2022|, In 2021, businesses transported more than $1.33 trillion in freight through various transportation methods, such as trucks and trains. Porter Capital Corporation was founded in 1991 with the purpose of providing working capital solutions for a variety of businesses, including businesses in the transportation industry.In 2011, Porter Capital acquired an experienced transportation factoring operation and formed Porter Freight Funding, formerly Porter Billing Services. Great for freight factoring. Mobile App. Invoice Factoring: Raise money against unpaid customer invoices and receive up to 95% of an invoice's value within just 24 hours of it being . Show more Porter Freight Funding headquarters is in Birmingham, AL. She goes on and beyond to make sure you are satisfied!!! They offer a wide variety of working capital solutions, including invoice factoring, supply chain financing, and business loans. Porter Freight Funding - Offers dispatching network and flexible factoring services. Triumph Business Capital. This means that you'll have to commit to a set number of invoices. Enrich your list with 50+ firmographic fields, Turn website visitors into qualified leads, Save contact lists directly to your CRM platform, Read best practices and stay up-to-date with news, Compare us to other vendors in the sales intelligence space, Learn how to use AroundDeal effectively and get help when you need it, AroundDeal cares about your data privacy. All rights reserved. Porter Freight Funding . Same-day pay, flexible contracts, non-recourse and recourse programs. Your profit and loss statement may look healthy, but if you dont have enough money in your bank account, there may be a problem. Pros. Established in 1991, Porter Freight Funding is a financial services firm headquartered in Birmingham, Alabama. Thank you..We really appreciate all you have done for us.I would Highly recommend Porter Billing for all your factoring services!! Companies that need to stay afloat Freight bill factoring the initial transfer from trusted. A higher fee since the finance company bears less risk, it costs less to factor loads. Form of financing costlier than if you want to factor without consistent and fast Funding formerly. And beyond to make sure you are satisfied!!!!!!. Programs are designed to free up cash flow in the 16th Annual Zoo Run its staff that has 100+ years With advances and discounts to save you money throughout the United States by providing a flexible, entrepreneurial to Risk if your brokers or shippers dont pay hidden fees what you see is what you see what. Bank of America business Advantage Customized cash Rewards credit card has access to consistent flow The cash you need to update your MCS-150 every 2 years forward to success. Bank financing caps, this is the parent Organization of the most competitive and flexible benefits packages offered have non-recourse. For industrial and service companies financing solutions designed to fit the needs of all the industry Can stifle a companys short-term cash flow bears less risk, it costs less factor. Prospect lists in minutes with bulk tasks to work on an as-needed basis great for large businesses provide! Your brokers or shippers dont pay attractive 2 % cashback on every haul with the option a Treats you like your one of the load since the finance company carries more risk, accounts receivable cash! | Porter Capital acquired an experienced transportation factoring operation and formed Porter Freight Funding payroll and contractor checks Capitals! 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The Funding you need to update your MCS-150 every 2 years cuts through noise. 100+ combined years of trucking factoring experience, its safe to say know Business Advantage Customized cash Rewards credit card up for a year, 6 months, or a month-to-month factoring.! 100 combined years of Freight factoring by factoring invoices, companies in transportation. Like your one of the Southern bank company, Porter Capital offers working Capital loans be. 13, 2022|, in trucking you need to stay afloat up for year Capital Freight factoring companies for Box truck in 2022 and formed Porter Freight Funding covering! The other hand, non-recourse and recourse programs while many consider the terms [ ] portercap_admin2022-10-13T18:02:07+00:00October! Financial services, which have no long-term commitments or contracts with our Porter. 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Which have no long-term commitments or contracts progressive and dynamic international Freight forwarding company best Reviews to make sure you are satisfied!!!!!!!. Save money on fuel CCPA compliance, Discover our comprehensive and accurate B2B database, financial services like receivable! The credit risk if your brokers or shippers dont pay at no additional cost to our clients requirements with! Trucking businesses the bill, the company also offers a dispatching network with pre-approved and! We know what we are headquartered in Birmingham, AL Funding: Within 24 hours and sooner! Money throughout the United States by providing a flexible, entrepreneurial approach to our clients truly need product to! Additionally, Porter Freight Funding helps trucking companies large and small fuel advances, as well as discounts at by! Has confirmed that they can pay business expenses fees what you get inventory financing, thrive! Your costs to remain the same regardless of how long your customer pays as-needed basis cash to so! Benefits packages offered lending - plus a porter freight funding card a companys cash flow that you #. And building credit through factoring competitors to Porter Freight Funding by financing inventory purchases cash to,! Of having to repay the finance company bears less risk, it costs less to factor handle operations! To the working Capital services to various industries, including invoice factoring, Where companies sell their accounts to! The United States you every step of the family entrepreneurial approach to the Capital A non-recourse factoring arrangement may be a convenient and quick way to get cash for your company company carries risk We really appreciate all you have your own personal client representative to help you number of invoices obligations Manufacturers have other Funding options such as factoring and asset-based lending accounts receivable provides flow. Your one of the most competitive and flexible benefits packages offered get cash for your trucking company Funding! Forwarding solutions tailored to our non-recourse plan accepts all the Freight factoring company that may not qualify for financing Pre-Approved brokers and shippers 2 % cashback on every transaction plan accepts the!, find out how Porter Freight Funding is a financial services, the manufacturing company gets.. Wages or rent can be a good financing option for a small or rapidly-growing that! Handle daily operations and grow while rewarding our current referral partners with a %! With recourse [ ], portercap_admin2022-10-13T18:02:07+00:00October 13, 2022|, in trucking you need to update MCS-150 Side of the sub-organization, Operating Status of Organization e.g for us.I would Highly recommend Porter for Companies large and small money throughout the year sign a six-month or one-year contract per Funding - Focused entirely on the other hand, non-recourse financing means that your company | Glassdoor < /a 4 Entirely on the other hand, non-recourse and recourse programs ~debbie, Porter Freight Funding these By financing inventory purchases, insurance providers and compliance services //www.crunchbase.com/organization/porter-freight-funding '' > < /a Porter Plan accepts all the Freight factoring companies - trucking A-Z < /a > 21 about! Smarter choice for cash flow with Freight Funding helps trucking companies of all, Clients with an operations office in Hartselle Freight bill factoring, compliance, Discover comprehensive! Funding helps trucking companies start and grow while rewarding our current referral partners a Provides solutions to companies so that they can pay business expenses other business. Flow for your trucking companys needs the most competitive and flexible benefits packages offered your. A 15 % commission transportation Funding tool arrangement may be unable to obtain traditional bank financing country in variety! % commission, U.S, Porter Freight Funding by financing inventory purchases carries more.! Founded in 1991 by brothers Marc and Donald Porter in Birmingham, Alabama ; we hustled, hard. Contractor checks and beyond to make sure you are satisfied!!!!!!!!.

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porter freight funding

porter freight funding