As a result of deregulation, trucking has evolved into one of the country's most competitive industries. As a specialist in the industry, NTF provides its clients with many important advantages. Utilizing our direct computer link with numerous national credit reporting agencies, NTF can quickly approve a new customer. NTF's collection expertise often reduces the client's A/R turn by several days, and our non-recourse credit guarantee virtually eliminates bad debt. Perhaps most importantly, NTF provides its clients with the vital working capital needed to keep their trucks on the road.
Between the heavy capital requirements for equipment and maintenance, and the daily cash drains of fuel and payroll, many trucking companies find it difficult to finance additional growth. Through NTF, the client receives the working capital necessary to meet current obligations and aggressively pursue additional business. Contact N.T.F. at (800) 624-3353.
An affiliate of the Commercial Finance
Nationwide Transport Finance (NTF), an affiliate of the Commercial Finance
Group established in 1986, services the specialized needs of the trucking industry. NTF currently has over 400 active clients and is one of the few funding sources in the U.S. that offers non-recourse factoring to the trucking industry. NTF's programs can also be tailored to meet the needs of brokers and freight forwarders. In addition to the services offered by standard factoring programs, NTF offers it’s trucking clients:
- Rapid response to all credit requests (usually within 45 minutes)
- Same day advances
- Sub-hauler advances, driver settlements, and invoice purchases via Comcheck nationwide
- Fuel Cards
- Funding via direct bank wire transfer available on all programs (only $1.75 per wire!)
- Load Advance Program for partial driver advances upon freight acquisition
