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Porter Freight Funding

2112 1st Ave. N., Birmingham, AL 35203
Porter Freight Funding is an Alabama trucking factoring company.
Porter Freight Funding
2112 1st Ave. N., Birmingham, AL 35203
Alabama
•
Birmingham
Year founded:
1991
No. employees:
51+
Associations:
IFA

Financial products

Financial products:
  • Equipment financing
  • Invoice factoring
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Minimum factoring amount:
$10,000
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Maximum factoring amount:
$15,000,000
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Industries served

Trucking

Featured services

  • 24 hour funding
  • Billing and collection services
  • Customer credit services
  • No cancellation fee
  • No minimum fee
  • No startup fee
  • Non-recourse factoring
  • Online reporting
  • Select invoice factoring

Freight features

  • Freight broker factoring
  • Fuel advances
  • Fuel cards

Standard terms

Start-up fee:
$0
Contract term:
Monthly
Advance rates:
95-100%
Minimum volume fees:
No
Additional fees:
ACH and wire transfer fees
Available reserves:
Weekly

About Porter Freight Funding

We are the transportation division of Porter Capital, based in Birmingham, Alabama.  We serve small, medium and large-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 Freight Funding 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.

2112 1st Ave. N., Birmingham, AL 35203
2112 1st Ave. N., Birmingham, AL 35203
Ivan Cook of Porter Billing Services
Ivan Cook
VP Business Development

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