There is a lot that goes into providing the kinds of financial services that trucking companies require on a daily basis. When a reefer or long hauler looks for a financial partner that can provide a strong economic foundation, there are several elements that the trucking company looks for. A trucking company does not have time to watch every detail of its business, which is why it is important to find a financial partner that the company can trust. But it can be difficult to find a financial organization that has all of the attributes a trucking company needs to find success.
One of the most important financial needs for every trucking company is paying the ongoing and ever-changing costs of fuel. In many respects, buying fuel is very similar to investing in the stock market. If a trucking company buys too much fuel at too high of a price then it stands to lose a lot of money. But if a trucking company can buy into fuel at a reasonable price and maintain that price for an extended period of time, then the trucking company stands a better chance at generating a profit. A good financial partner for any trucking company understands the trucking industry and the importance of fuel costs to the overall success of a trucking company.
Meeting the fuel needs of trucking companies means supplying trucking companies with programs to improve cash flow, and it also means offering trucking companies with fuel discounts that can keep operating costs down and help the company to generate a profit. These are the kinds of programs that are only offered by experienced financial partners that understand the financial challenges a trucking company faces and offers ways to cut back on expenses. An experienced financial partner such as Commerce Commercial Credit has the kinds of fuel financing programs that truckers need to stay on the road and get to the next destination.
Commerce Commercial Credit offers a fuel discount program to truckers, but that is only part of the range of financial services that Commerce Commercial Credit offers to the hard working people in the trucking industry. We have years of experience working with trucking companies all over the world. We understand the costs of fueling a fleet, and we understand the challenges that independent truckers run into when they are trying to fuel up on the road. The ability to meet the fuel needs of trucking clients is one of the reasons why Commerce Commercial Credit remains a major leader in providing financial services to small to medium sized trucking companies.
If there is one thing that is true about trucking it is that your fuel costs are only as reliable as the pricing at the next gas station. But there are some differences between the fueling needs of fleets versus independent truckers. Many trucking companies with fleets have home bases that have storage tanks and pumps. The fleets can buy large quantities of fuel at a discounted price and then store the fuel on-site. This is a huge advantage that allows fleets to keep their fuel costs down. But those fuel storage tanks still need to be filled, and that is something that the trucking company does with its available cash flow.
Independent truckers fill up on the road and are at the mercy of fuel station prices. If you want to know where the best fuel prices are, then all you have to do is ask an independent trucker. They have the tools necessary to track down low fuel prices, which helps them to keep costs down. Even the fleets use fuel stations on long runs, but the fleets still have the advantage of bulk buying to help then with fuel costs. Both types of trucking companies have fuel funding needs, but their funding needs can be very different. Commerce Commercial Credit has years of experience assisting both types of trucking organizations to get the funds they need to keep the tanks full.
If there is one thing that Commerce Commercial Credit has learned through our years of experience in helping truckers to meet their fuel needs, it is that cash flow is king in the trucking industry. The ideal situation would be to utilize the revenue from outstanding invoices as cash flow and keep the fuel flowing with that source of funding. But as truckers and Commerce Commercial Credit know all too well, relying on invoiced sales is not easy if you do not have the proper financial partner on your side. Along with our fuel discount offers, we also have flexible funding programs that will supply your trucking company with the cash you need for the fuel that keeps your trucks on the road.
Commerce Commercial Credit is not a bank and we do not deal in expensive and inefficient bank funding. Your trucking company does not need to take on more debt as it tries to solve its fuel funding problem. What you need is a financial organization that can take your invoiced sales and turn them into a reliable cash flow which becomes the foundation of your economic success. Commerce Commercial Credit is a transportation factoring company that utilizes your outstanding invoices to advance you cash which becomes your business line of credit. We give you the perpetual cash flow you need to fund all of your trucking company fueling needs.
The Commerce Commercial Credit invoice factoring services are utilized by small to medium sized trucking companies all over the country to fuel their rigs. We have removed all of the obstacles that could slow down the process of getting you the cash flow you need to fuel up your fleet, or your single rig.
We have a wide variety of flexible invoice factoring programs that we can use to help a wide variety of trucking companies. We have low lending rates and we disclose all of our fees and rates right up front. We do not charge any application fees and we are able to advance funds to approved invoices in 24 hours or less. We can get you the cash you need while you are on the road keeping your clients happy. With the combination of our fuel discount program and our low invoice factoring rates, Commerce Commercial Credit is going to offer you the kind of financing you need to keep costs down while maximizing profits.