Diversified Transportation is a Salt Lake City, UT trucking factoring company.

Diversified Transportation Finance

Diversified Transportation Finance is a Salt Lake City factoring company that specializes in freight and trucking factoring. Diversified Transportation is all about being a trucking partner with carriers and truckers. We know you have many options when choosing freight factoring so we focus on our partnership with you. We specifically focus on carriers with 1 to 250 tractors.

Depending on your needs, you may prefer our traditional invoice factoring program with the same advance rate on each invoice you submit. Alternatively, you can select our accounts receivable financing line of credit against your invoices with a small administrative fee. We'll help you decide which is right for you.

Diversified Transportation provides these freight factoring benefits:

  • 95% advance
  • No minimums or contract term
  • Non-recourse - we take the risk!
  • Funding within 24 hours of verification
  • Online access and live support
  • Fuel card & document imaging

Diversified strives to be the premier partner to freight carriers throughout the US. We recognize that our success can only come if our carriers are successful. To that end we put our carrier partners first as we drive together toward success.

Industries Served:

Featured Services:

24 Hour Funding:
Yes
Collection Services:
Yes
Credit Services:
Yes
Digital Invoice Processing:
Yes
Online Reporting:
Yes
Non-recourse Factoring:
Yes

Terms of Service:

Application and Start-up Fees:
$0 to $1000 depending on complexity
Contract Length:
none to two years depending on client needs
Cancellation Fee:
$0 for express agreement. Monthly minimum times remaining months for long term agreements.
Monthly Minimum:
None for Express (non-recourse). Yes for long term agreements.
Factor All Invoices:
No. Can exclude a debtor but not individual invoices from a debtor.
Reserve Availability:
Depends on account - two times per month for small accounts and up to daily on large accounts.
Additional Fees:
Typical wire or ach charges.
Eric Meyers of Diversified Transportation
Eric Myers
President
801-821-0355

General Information:

Year Founded:
1986
No. Employees:
11-50
Associations:
IFA, ACG, TXTA, UTA, KMTA, TMA
Address:
3100 West Pinebrook Rd., Park City, UT
Other Office Locations:
Lubbock, TX

Financial Information:

Minimum Credit Facility ($):
10,000
Maximum Credit Facility ($):
10,000,000
Advance Rate (%):
95%
Other Types of Financing:
Equipment Financing
3100 West Pinebrook Rd., Park City, UT