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Great Service for Our Customers

Freight factoring allows trucking companies of all sizes maintain steady cash flow and respond to business expenses by providing owner operators an advance on accounts receivable.

Phoenix Capital Group provides services for both new and established trucking companies. Freight factoring lets drivers respond to expenses like payroll, fleet fuel and maintenance without having to wait for payments to process. PCG purchases invoices from trucking companies after the freight has been delivered, then gives the company cash almost immediately.

Phoenix Capital Group provides freight factoring services so drivers and fleets can stay on the road.

It is too common for trucking companies to have to wait 30, 60 or 90 days before receiving invoice payment for loads hauled. PCG purchases an invoice and provides often same-day funding. Depending on the freight invoice, a driver may receive advances from 90% to 100% of the invoice value.

Phoenix Capital Group has competitive freight factoring rates, no long-term contracts and alert account managers. We partner with independent trucking companies and fleets of all sizes to help simplify and strengthen their trucking operations. Regardless of an owner’s fleet size and sales volume, we can help cash flow by purchasing driver’s invoices and giving immediate cash.

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Phoenix Capital Group offers an exceptional factoring referral program to individuals who introduce any new business to PCG.

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Maintain a Steady Cash Flow

Freight factoring allows trucking companies of all sizes maintain steady cash flow and respond to business expenses by providing owner operators an advance on accounts receivable.

Phoenix Capital Group provides services for both new and established trucking companies. Freight factoring lets drivers respond to expenses like payroll, fleet fuel and maintenance without having to wait for payments to process. PCG purchases invoices from trucking companies after the freight has been delivered, then gives the company cash almost immediately.

Phoenix Capital Group provides services for both new and established trucking companies

Frequently Asked Questions

  • Freight Factoring Services You Can Depend On

    Phoenix Capital Group (PCG) provides services for new and established trucking companies, giving them the financial flexibility to focus on their businesses. Freight factoring lets drivers respond to expenses like payroll, fleet fuel and maintenance without having to wait for payments to process. After the freight has been delivered, PCG purchases invoices from trucking companies and then gives the company cash almost immediately.

  • How Does the Freight Factoring Process Work?

    Once a truck driver has delivered their cargo, the rate confirmation and bill of lading (BOL) are submitted to us. When the information has been confirmed and approved, payment can then be transferred into your account. One of the most important things to remember when it comes to freight factoring (or load factoring, trucking factoring, and transportation factoring) is that it is not a loan. This means, with the exception of our service fee, funds received through the freight factoring process are the recipient’s to keep. So, there is no need to worry about paying back any loans. Instead, our customers can enjoy access to funds in a number of hours or days instead of months.

  • Get Paid Faster

    It is too common for trucking companies to have to wait 30, 60 or even 90 days before receiving invoice payment for loads hauled. However, PCG purchase invoices and often provide same-day funding*. Depending on the freight invoice, a driver may receive advances from 90% to 100% of the invoice value*.

    Phoenix Capital Group has competitive freight factoring rates, no long-term contracts and responsive account managers. We partner with independent trucking companies and fleets of all sizes to help simplify and strengthen their trucking operations. Regardless of an owner’s fleet size and sales volume, we can help cash flow by purchasing drivers’ invoices and providing cash almost immediately.

  • PCG Freight Factoring Advantages

    It’s a fact that capital is a necessary component to keep businesses running. And, for those in the trucking industry, the wait between service and payment can put an intense strain on your operation. At PCG, we understand the obstacles and day-to-day challenges that our clients face, from financial requirements to the hardships of the job itself. This is why we strive to make clients’ lives easier and more manageable with reliable and convenient freight factoring services. 

    Experience the difference of receiving payment for invoices within 24 to 48 hours of delivery. These timely payments can help you fuel your operation with the funds needed to keep your trucking business out on the road where it belongs. It doesn’t matter whether your company is big or small, serving your business is our priority.

  • Why Choose PCG For Your Load Factoring Needs?
    • PCG deliberately strives to offer contracts that prevent drivers from feeling trapped while also providing the freedom and flexibility to do business their way.
    • When you choose PCG for your load factoring needs, you also become eligible for our many other time- and cost-saving services. These include:
    • While invoice payment may normally take between 30 to 90 days, you can receive compensation in hours instead of weeks or months later.
    • We offer low, competitive factoring rates, allowing clients to maximize their profits without the need to wait around months for payment.
Experience The Difference Of PCG Freight Factoring Services For Yourself

Ready to see why so many industry professionals trust PCG for their trucking factoring needs? Call us anytime at 623-298-3450 or use the contact form below to get started. Whether you are an owner-operator or have your own fleet, let PCG help you take your business to the next level.


*Disclaimer: This website is for information purposes only and is not intended as financial or legal advice, and does not guarantee any factoring rates or funding timing. The accuracy of any calculations or rates are not guaranteed, for accurate calculations, rates and advice please call Phoenix Capital Group, 623-298-3450.

Find Out More About Freight Factoring

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