Factoring company

Southbound Enterprises, Inc. will  fuel your company's growth in the transportation industry by turning  your freight bills and invoices into cash fast.  We specialize in the  trucking industry and have been factoring for companies like you since  2001.

Cash for  your receivables can ease the burden of meeting payroll and paying  bills, and can help you market your services more effectively.  The time  and expense of direct management of your accounts receivable can  instead be devoted to making your business grow even more.

• Advance Rate of 85%
• Rates as Low as 3%
• No Long-Term Contracts
• No Hidden Fees
• Free Comdata Cards
• Recourse Factoring Program
• Small & Large Fleets Welcome
• Start-Up Businesses Welcome
• Quick & Easy Set-Up
• References Available Upon Request
  

OUR FEES ARE AS FOLLOWS:
0-45 days out = Escrow 12%; Southbound Fees 3%
46-60 days out = Escrow 11%; Southbound Fees 4%
61-90 days out = Escrow 10%; Southbound Fees 5%

YOU'RE IN CONTROL! 

What's  even better?  You choose which customers you offer to us for  factoring.  We do require that you factor all the receivables due from  any particular debtor.  We will check our accounts that you wish to  factor and advise you which debtors we will be able to factor for you.   You can screen a customer before hauling the load by calling us direct.   We will check our past records with the debtor and inform you of their  payment history.  We will also check to make sure that they don't have a  history of involuntary revocation of their authorities, all at no  additional charge to you.  We are also a subscriber to Ansonia Credit  Data, a nationwide network of transportation companies that share credit  information on their customers.

INVOICES
You  send Southbound your invoice with your letterhead made out to the  debtor, with all of the backup paperwork that's required by your  debtor.  Such as rate confirmation sheet and all original Proof of Delivery or Bills of Lading with any receipts necessary.  We advance money on your freight bills within hours of receiving your originals.

FUNDING
We  are able to fund you within hours of receiving your originals by  loading your 85% advance to the Comdata card that we supply to you at no  additional charge.  We can also send you a check if that is what you  desire, or you may come by our office and pick up your check personally,  we have many clients that stop in to do business one-on-one.  We can  even do split funding.

RECOURSE PROGRAM
We  are a Recourse Factoring Company and what that means to you is that if  your debtor fails to pay in 90 days, that debt ultimately comes back to  you.  But Southbound Enterprises, Inc. does everything possible to  prevent this from happening.  Before we bill your first invoice, we  contact your debtor and verify that we have all of the required  paperwork to make that transaction as smooth as possible.  Southbound  Enterprises, Inc. will make sure they will be paying on time.  We will  give you a weekly aging report, which will help you manage your  business, and this will also work as an advance notice if there are any  debtors that are not holding up to their end of the terms.  When  Southbound receives payment from the debtor, you receive that balance of  the Reserve Escrow less a transaction fee wit your rebate report.

CALL TIFFINY OR CHASSIDY @ 740-493-2699 or toll free @ 877-889-4910 and GET STARTED TODAY!!