Did you know that you can turn your bill of lading into cash within 24-hours of making a delivery? It is called Factoring, the exchange of an invoice for cash. Put simply, you sell your bill of lading to a factor and the factor gives you money upfront to use however you like. Money can be received by Wire, ACH or T-Chek. Here is how it works: Bill of Lading $1,000 Advance - Cash you get within 24hrs. $900 Reserve - what we hold until your customer pays $100 Cost of Factoring $15 Balance - what you get after customer pays minus fee $85 If you would like to learn more please visit our website at http://www.universalfundingmain.com |
