If you run a trucking business, you must already know about the contracts that every client signs with their transport partner. They fix a price they will pay you and the intervals in which the payment will be done. It is popularly known as rate confirmation, and as the money comes in installments, the company may face financial issues. The crunch faced by a business affects its growth as you cannot execute different strategies to promote and scale your business.
The best way to deal with such situations is freight factoring. As you unload the trucks, You will get the money right away, and there will be no struggle with the cash flow. Visit simplex group website to get freight factoring done for your business, and do not let finances be the reason behind your business growth.
Perks Of Doing Freight Factoring Through Simplex Group
Most factoring providers keep a cap minimum load that the company must load within a month to be qualified for the freight factoring contract. Due to this, the startups or the companies that are not big enough refrain from factoring in their business. However, if you choose to go with the simplex group, there is no minimum requirement, and you can get bound into the contract even if you have just started the business.
Partnerships done by the Simplex group are strong and long-term in every aspect. You can get brokerage and dispatch relations, a dedicated manager with whom you can communicate in case of any account-related query. This manager would know every detail about your business and the freight contract you sign with the company. He would be there to assist you with all kinds of communications.
No Hidden Fee
There is no hidden fee involved in the freight factoring contract. Every term and condition, along with the price details, gets mentioned on the legal papers, and the company does not ask you to pay anything extra. Most trucking companies find these hidden charges disappointing as they have to pay a lot in the name of commissions about which they get no prior information. So, if you choose to sign up for a freight factoring contract with the simplex group would save you from it, and you only pay what gets mentioned on the papers.
You can visit simplex group website to check all the details. Moreover, know that they do not have any reserves or chargebacks involved. Unlike other freight factoring companies, the simplex group pays you the entire amount upon unloading, and no amount gets withheld in the name of reserves or chargebacks.
In a nutshell, the simplex group can help you provide professional assistance, keeping things fuss-free and smooth for businesses. As the idea is to serve the trucking companies better and cater to all their finance requirements, the simplex group keeps its policies company-friendly. So, if you are also looking for a smoother freight factoring company, get in touch with the simplex group, and you wouldn’t have to worry about the cash flow ever after.