Get Paid Faster
Factoring for trucking Companies
Factoring fee
as low as 2%
Same-day
funding
Fuel advances
up to 50%
Accelerate Your Trucking Company’s Growth with Factoring
Cash flow gaps caused by delayed customer payments hinder your operations and limit expansion opportunities. Using factoring to convert outstanding invoices into immediate cash makes it easier to cover essential expenses, such as fuel, maintenance, and driver salaries. Factoring also provides a predictable source of funding, empowering trucking companies to take on new contracts, invest in equipment, and pursue growth initiatives. Contact us today to learn more and maximize your growth potential.
Faster payments and top-quality service to help your trucking company grow
Our advantages are clear, and so are our terms.
No reserve programs
No hidden fees
No monthly minimum requirements
We’ve got you covered before, during, and after every load
Above and beyond service
Unlimited credit checks
Collection services
Designated Account Executive
No long-term contracts
How does it work?
1.
Apply online, call us, or have us call you
2.
Check your broker’s credit 24/7 online
3.
Haul & deliver your loads
4.
5.
Receive up to 98% the same day
How our clients feel about us
Jose B.
Summar has been with me from the beginning. I have the peace of mind that my business is moving without having to spend every second chasing the loads. They make you feel as if you were their only client, a VIP treatment without a doubt!
Y. Capote
My experience has been very good, what I liked the most is their work staff, in this case, my account executive since we have excellent work communication between us. He is always ready to help us and keeps us informed.
Luis A.
I'm very proud of working with Summar for the last five years. Picking up the right trips with good money is very important, but so it is to have the money available in 24 hours like you have with Summar. I recommend Summar factoring unconditionally.
A. Valle
I have been working with the Summar team for over three years. We all work in different ways, and they adapt to those circumstances. To summarize: I have had offers from other cash factors. I won't leave Summar. I'm very happy
Jeimy T.
We have been working hand in hand with Summar for almost four years, in which we have found the best help, reliability, and great support for our business. Our current account executive always has the best disposition to supply our needs kindly. We are 100% satisfied!!
Yudit E.
I have been working with Summar for more than three years. I respect their credit reports very much. I do not take loads if it is not with Summar. It is a shield that is there to help us not lose money.
L. González
We are really very happy with all the services that Summar offers us. The fuel advance is very fast, the percentage they charge us is very little, the reservation is very good, and the credit check is super fast. They always help us.
When is the right time to consider factoring?
Growth Period
You need to invest in front-end costs to meet demand more trucks or staff.
Seasonal Downturn
With fewer accounts receivable, you need your payments as fast as possible.
New to Trucking
You need help during the hard first months and years of your business plan.
Would you like to know what exactly your operations costs are?
Let’s do the math together!
Meet our team
Ivan Martinez
VP of Sales and Business Development
Karla Cavero
Sales Manager
Lori Siperko
Customer Service Manager
Luis M. Cabrera
Portfolio Director
Want to learn more about us?
Send us your contact information, and we’ll get in touch with you in one business day or less.
