Invoice factoring is a great way to improve cash flow, prevent debt increases, and access assets for your business. It makes customer financing a lot easier.
At Aquidneck, we help you free up money and assets that would normally be tied up in your accounts receivable. Rather than waiting for up to three months for customer payments, you can get your funds immediately.
Here are the benefits of invoice factoring:
We don’t consider loading complete until all freight has been loaded, the trailer shut and sealed and the carrier has signed the shipper’s Bill of Lading (BOL),accepting all liability and possession of the freight goods.
Our dedicated and exclusive order processing team focuses on dealing with order processing and issuing invoices and handling customer calls. Our truck dispatch services ensure timely dispatch and adjust services as needed.
Once a 3PL receives the carrier’s invoice, and all necessary paperwork for the shipper, an invoice is generated. Lumper Receipts, Driver Work Receipts, POD/BOL, and Rate Confirmation documents will be required at this time.