Manage your cashflow with Pride Fleet Solutions’ sister company, TPine Financial Services, your smart solution to cover your expenses like fuel, insurance, payroll and more without creating any debt for your business. We provide the best customer service while helping you grow your business. TPine Financial Services offers factoring services so you will never experience issues with cashflow in your business. Our team makes the process easy and quick and pays invoices within 24-48hours with an average payback tenure of 30 to 90 days. Get started today by giving us a call at 1-866-PRIDE-24. Pride Fleet Solutions can combine your factoring solution with any number of added services, such as no-fee credit line, Roadside Emergency Service, Preventative maintenance, Pride Truck care service, Pride fuel discounts and more.
Factoring is a financing method in which a trucking company, for increasing third cash flow sells their accounts receivable at discount to the third-party funding source as keeping up the cash flow needs is integral to the survival of any freight business.
It’s very crucial to consider both recourse and non-recourse factoring to determine what is the best option for your business.
Non-recourse factoring is when the factoring company takes the ultimate responsibility for the debt collection.
Before deciding the type of factoring product to use, it is very important to consider both recourse or non-recourse to determine which is the best option for your business. Recourse factoring is the most common-type of factoring businesses uses.
REFER A FRIEND
If you know someone who might be interested in factoring with Pride Fleet Solutions. You can refer a friend, we’ll be more than grateful.