Our competitors require original documentation for funding. With TAFS, simply Transflo, e-mail or fax your invoices to your dedicated Account Administrator for true same day funding. We receive your invoices by 2pm CST -- you receive funding by 5:30pm CST.Read More »
Factoring with TransAm Financial Services
TransAm Financial Services is a subsidiary of TransAm Trucking, a refrigerated trucking company with nearly 25 years of experience. TransAm's success and strong financial position allowed them to create new ways to help meet the needs of the trucking industry. One way is with TransAm Financial Services which offers accounts receivable financing to businesses.
What is Account Receivable Financing?
Also known as factoring, it is the conversion of a company's accounts receivable into cash by selling outstanding invoices to a "factor." Rather than waiting for customers to remit payments based on 30, 60 or 90-day terms, the factor (TransAm Financial Services) quickly advances a percentage of the invoice to the trucker. This steady cash flow helps fund critical business expenses such as payroll, fuel, insurance and maintenance.
Why Factor with TransAm Financial Services?
TransAm Financial Services is staffed with trucking experts who understand the needs of your business. With no application fees, high advance rates, fast account setup and superior customer service, we maintain solid relationships with all of our clients.
Fax or TransFlo copies of your documents to TransAm Financial Services for quick processing!
Unlike most other factoring companies, we will buy your invoices the day you unload from faxed copies or copies sent to us via TransFlo.
Rock-bottom transaction fees coupled with significant savings off the cash price make the TAFS Fuel Card the perfect solution to rising diesel prices. Clients taking full advantage typically reduce their factoring costs 40-50%! Contact us at (877) 898-9797 to sign up today!Read More »