FAQs

Frequently Asked Questions

Factoring your invoice receivables is not considered a loan. Rather, it is a way for you to turn your existing accounts receivables into cash.

  • Submit your unpaid invoices for jobs completed to us.

  • We verify invoices and advance the funds within 1 day.

  • We collect payment from your customer according to your payment terms.

  • When payment is received, we release the remainder of the invoice amount.

As of now, we only offer our factoring services to the trucking industry in the US.
All you have to do is reach out to our factoring experts and you will be asked to fill out a form. Further assistance will be provided via call.
After receiving your form and invoice receivables, we usually approve your factoring service within 24 hours.
You don’t need to be in business long. We even offer our factoring services to start-ups. If you have an invoice receivable for the job completed, we can help get you funded.
To ensure that drivers and carriers remain within the DOT rules, the place to start is with the regulations themselves. To get DOT compliant, reach out to our compliance care experts.

  • Driver exceeding allowable hours of service (HOS).

  • Driver does not possess required qualifications or licensing.

  • Driver failed to test or follow up on testing for drug or alcohol use while on duty.

  • Vehicle not properly maintained.

  • Vehicle not inspected as required. 

  • Transportation of hazardous materials in an unsafe environment.

  • Defects in the documentation.

The FMCSA requires all drivers to be enrolled in random drug & alcohol testing programs and owner-operators must be in a consortium. A consortium is a group of companies that are enrolled in a drug testing pool to meet the random testing regulations.
Yes. DOT regulation specifically states that you must participate in a random drug/alcohol testing consortium.
Any commercial vehicle with a gross weight of 10,001 lbs and more must be inspected annually.
You need to implement a drug/alcohol testing program if you have drivers who drive trucks with a gross vehicle weight of 26,001 lbs and greater or carrying more than 15 passengers.
The application process takes hardly 5 minutes.
A fuel card not only offers you better control over expenditure but also cuts down on time spent on the administration. For instance, instead of employees (drivers) paying with their own credit cards and claiming back in expenses, the fuel card allows them to make the payment hassle free, without any paperwork.
Once you apply for the fuel card on our website, it will reach you within 7 working days.
Fuel cards help in the efficient management of your business in a number of ways. All fuel transactions are recorded, allowing better monitoring and for any inefficiencies to be identified and highlighted quickly and easily, helping you to reduce your fuel spend.
You can get our invoice and billing services by getting in touch with our support team.
We have a dedicated team to handle invoicing and billing in the best way possible. Once we receive your invoices, our team starts with the invoice processing.
As of now, we are only dealing with dispatch invoicing. In other words, we only offer truck invoice services.
There are many benefits of getting invoice & billing services such as getting paid faster, invoice validation, handling of exceptions, etc.