J D Factors has been providing non-recourse receivables factoring since 1989. We provide superior customer service and support.
Industries we serve
The trucking industry is huge and factoring rates are very competitive. Large trucking companies can get rates as low as 1%, while owner-operators and small trucking companies can expect to pay at least 2-3% of their freight bills for their factoring services.
Freight and trucking advance rates are much higher, typically 90% or more. Some truck factoring companies offer fully-funded or 100% advance rates, in which they only deduct their factoring fees from your cash advances.