Porter Billing Services (PBS) is the freight factoring division of Porter Capital and is based in Birmingham, Alabama. PBS serves small and mid-sized trucking companies throughout the United States. We've been in business since 1991 and have helped thousands of customers build their trucking businesses.
We offer both recourse and non-recourse factoring programs. Our non-recourse plan accepts all the credit risk if your brokers or shippers don't pay. You can select which invoices you want to factor. Billing services are provided at no additional cost to our non-recourse clients and are available to recourse clients with an additional surcharge.
We offer flat rate pricing if you want your costs to remain the same regardless of how long your customer pays. We offer month-to-month contracts, with the option of signing a discounted 6 to 12 month contract. We want to earn your business rather than locking you into a long-term contract.
Porter Billing Services provides these freight factoring benefits:
- Pre-approval in 2 hours
- Cash advances up to 100%, less fees
- Recourse and non-recourse factoring
- No minimums
- Same-day funding
- Fuel cards and discounts
You have your own personal client representative to help you every step of the way. Our staff is our most valuable asset with a combined 100+ years of experience in freight bill factoring. We also have strategic partnerships with dispatching services, equipment providers, insurance providers and compliance services.