Factoring for Owner-Operators

Factoring for Owner-Operators

Are you an Owner-Operator looking for trusted Factoring? Triumph can help you get paid quickly and efficiently.
The most effective owner-operators are those who can manage expenses and run their businesses with minimum debt. Load factoring gives you capital upfront, so you can cover your costs on time.
  • Get paid within 24 hours.
  • Don’t worry about late fees or collection hassles.
  • Move your business forward with fast cash turnover.

Get paid within 24 hours.

When you partner with a factoring company like Triumph, covering your operating expenses doesn’t have to wait.
Waiting for an invoice to process is one of the biggest challenges for owner-operators in the trucking business. Even the most successful truckers need to cover their operating expenses in a short timeframe, which can be impossible when customers’ invoices are slow to go through. Factoring cuts out the wait time, so you can pay your bills right away.

Don’t worry about late fees or collection hassles.

Owner-operator factoring allows you to get paid quickly without taking on a loan.
Bank loans come with downsides, such as high interest rates and expensive late fees. Factoring, on the other hand, allows you to sell your invoices to a reliable company like Triumph, which then takes care of getting you paid. After taking a small percentage off of the top, Triumph provides you with 90 percent of your payment upfront, and then transfers the rest once the invoice goes through.

Move your business forward with fast cash turnover.

When you get paid for your invoices in 24 hours or less, your business is free to take on new challenges.
A healthy business model means you have capital to spend. For owner-operators, it can be difficult to grow your trucking operation into new areas when you are tied down waiting for payments to come through. Fortunately, factoring can provide your business with capital upfront. As a business owner, you can use your new capital however you want — to pay your expenses, invest, or grow your business.

"Triumph has been a tremendous partner in building our company, there's no way we could have started without their help. They have been key in our day to day operation making it possible to us to focus on what we know how to do."

- Unafreight, LLC

"I would have never survived the first 6 months without Triumph Factoring. They basically helped build my company."

- Kelly Transport LLC

Start factoring today!

When you partner with Triumph, you get more than money. You get a dedicated team that supports your business with invoicing, collections and credit analysis.

Register with Triumph Business Capital and get paid faster today!

Triumph Business Capital

DAT's factoring partner