Vero Business Capital is a Memphis, TN trucking factoring company.

Vero Business Capital

Vero Business Capital is a freight factoring company in Memphis, Tennessee that provides factoring services to all types of transportation companies including owner operators, fleet owners and freight brokers. Vero is one of the leading freight bill factors in the U.S., serving hundreds of carriers and brokers.

Vero offers industry leading truck factoring services with a 60-minute funding option, a real-time client portal, customer service-focused account managers and great fuel discounts.

Vero Business Capital provides these freight factoring benefits:

  • Virtually unlimited credit facilities
  • No application or startup fees
  • 60-minute funding option
  • Real-time account access

The Vero team consists of experts with decades of transportation factoring experience. We'll be a funding partner that you can trust and works to help move you forward.

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:
None
Contract Length:
Month to month
Cancellation Fee:
Typically zero
Monthly Minimum:
No
Factor All Invoices:
No
Reserve Availability:
Typically one day after the customer pays
Additional Fees:
Wire and ACH fees
Sam Schnert of Vero Business Capital
Sam Sehnert
Business Development Manager
901-679-5088

General Information:

Year Founded:
2016
No. Employees:
11-50
Associations:
IFA, AFA
Address:
813 Ridge Lake Blvd., Memphis, TN

Financial Information:

Minimum Credit Facility ($):
No minimum
Maximum Credit Facility ($):
10,000,000
Advance Rate (%):
90-98%
813 Ridge Lake Blvd., Memphis, TN