FREIGHT BILL FACTORING CAN ASSIST HEAVY HAUL TRUCKING COMPANIES

Heavy Haul Trucking Companies

Heavy haul trucking companies know how hard it can be trying to manage an operation while waiting for statement to be paid. A number of customers may not pay until sixty days after a task has been accomplished. In the meantime, the heavy haul trucking companies have to continue to pay its bills so as to keep their business floating, every so often on very little cash. 

Manual labor has to be paid as well as gas bought without any cash from the customer. A lot of heavy haul trucking companies are forced to depend on credit to keep their businesses going or risk losing the whole thing. One alternative that is starting to be used by a lot of businesses in the industry is freight bill factoring.

Freight bill factoring gives a heavy haul trucking company with quick cash. Rather than waiting thirty to ninety day to get paid for tasks they already, they be able to be paid in seven days from a factoring company. This provides companies the money they need to pay their drivers, get back their transportation expenses and as well get on new jobs, all devoid of taking on any new arrears. The process of factoring as well referred to as invoice funding, financing, and accounts receivable factoring is easy enough. It comprises two things, a firm's invoices and a factoring firm, as well recognized as the factor.

The factor purchases a firm's invoices for cash and then gathers these invoices for a business for a fee. Here is an illustration: A particular heavy haul trucking company may have just accomplished a $50,000 job for a customer with very good credit. They have invoiced their customer and expect to be paid in thirty days. This means that heavy haul trucking won't be able to use any money from the customer to pay their driver, gas or any further related operating cost for that specific job. Because they don't yet have the money they are having trouble financing new business and have so turned down numerous big agreements. They choose to apply a factoring company.

The factor pays heavy haul trucking $45,000 for the invoice as well as then gathers it themselves. As soon as they receive it, they return it to heavy haul trucking, minus an agreed upon fee. Problem solved, further damage avoided. Heavy haul trucking gets the money they need as well as are now able to continue operations. Expectantly, we are able to see the advantage of freight bill factoring. It is a chance for truck companies on the way to get capital to continue or develop operations devoid of taking on any new liability. It is very important on the way to note down that this only works if the company or individual who owes the balance on the invoice has good credit. This gives insurance for the factor that they will get their money after fronting it for the company.

SPEEDY HEAVY HAULING AND RIGGING MARKETS

                                 Speedy Heavy Hauling

Speedy heavy hauling company specializes in transporting oversized and overweight cargo, has been servicing several industries for the past decades.  Its years of experienced enable it to evolve into a large technical hauling company now one of the leading name in the industry. 

Manned by highly qualified, selection of personnel and complemented by the most modern equipments in the hauling industry, this company provides the most optimum solutions to every heavy hauling and rigging needs.  Its reputation lies in its ability to deliver cargo timely, cost effectively, within budget, and most of all, accident free.

While it continues to look for more opportunities in the industry, the company continues to serve its clients in the nuclear industry, the petrochemical industry, the manufacturing and automotive industries, and the conventional power generation industry.  These old clients of the company has contributed much in its evolution and fine tuning of its engineering methods and the advancement of technical knowhow to handle projects of over dimensional and overweight cargo transport.

In addition to heavy equipment of all mega shapes and sizes, this company specializes in safely transporting lots of unique things.  They move bridges, houses, historical structures, valuable sculptures, locomotives and construction pre-cast components.  Utilizing the most advance engineering technology, the company specializes in safely detailing every aspect of lifts, rigging and specialized transports.  Each and every maneuver the company performs is done with the safest and most cost-effective procedure, providing proper protection and prevention of accidents and mishaps on the cargo, the crews and the general public.  

Some of the recent projects that proved challenging but fulfilling included;

• Moving a sculpture valued at over a million dollars that weighed in at 2,800 lbs.  She was offloaded, secured and transported to a private estate.
• A 540,000 lb. historic locomotive was moved on self-propelled dollies one and a half miles through inner city streets. 
• A historic landmark facade, with a gross permitted weight of 190,000 lbs., and measuring 30’ long, 32’ high, and 2’ wide was transported ½ mile using four self-propelled dollies.
• A 414,400 lb. boiler drum was hauled on an 18-line of Goldhofer trailer to protect concrete floors. 
• There were three 126’ long, 24’ wide, weighing 468,000 lb. steel bridges that were moved 2 miles utilizing 12 of the company’s hydraulic dollies. 
• Four transformers with gross permitted weight of 404,520 lbs were offloaded from a railcar and transported four miles to a wind farm using 12-lines of Goldhofer trailer.

All these projects could never be successful and excellently safely delivered without the proper application of the precise engineering technology.  This speedy heavy hauling company, being in the business for the past decades has evolved into a large, reputable and reliable heavy hauling and rigging name.

Fully equipped and fully staffed by qualified personnel, it continues to provide its service with professionalism, full cooperation and overall dedication to excellence. Today, it simply believes that there is no substitute for experience in this industry.  Through the years, it has fully understood the complexity of the industry and continues to harness advance technology to provide its clients with the most optimum solutions to their hauling and rigging needs.