Freight Factoring Cash Flow Solutions for
Moving Your Business Forward
Invoice Factoring | Don’t wait for your customer to pay…
Selling unpaid invoices to Steelhead Factoring can provide you with up to 95% of their value right away. We do the waiting for the payment and once it finally arrives, we pay you the remaining balance of your invoice (the rebate) minus the factor fee.
Using an Invoice Factoring Company works if your business is new, if you lack the credit to get a loan, or if you need billing and collections support for your company. With same day funding you’ll be able to address business expenses such as: payroll, repairs, taxes, new equipment, and materials.
With invoice or receivable factoring you’ll get Cash NOW for your invoices and not have to wait and worry about when the check will arrive. Request a Quote to see if it’s right for your business.
Credit Checking | Build A Reliable Customer Base
With Steelhead Factoring’s credit checking you will know a company’s payment history before you do business with them. By using credit checking services you can pre-screen companies for bad payment histories and poor credit.
Easy and convenient, on the phone or online, the credit analysts provide you with clear and valuable insight. During our regular business hours you can call our office to check credit and get insight from our credit analysts. Or you can credit check online (24/7) through our secure Client Portal.
With credit checking, you’re on your way to building a reliable client base for your business.
Invoice Tracking & Collections | Customer Communications Support
Getting paid on time takes time. Get direct updates from your customer’s bookkeeping department through your Steelhead Factoring team. We call your customers to verify invoice receipt, processing, and anticipated payment time. If our team uncovers any issues, they notify you immediately. With this critical information, you can resolve customer service concerns quickly and build your company’s reputation for integrity.
If an invoice goes unpaid beyond the contract terms, we will work with you to resolve the collection matter in the best way for your company. They are your customer and consideration for maintaining your excellent customer relationships is important to us.
24/7 Online Client Services
In addition to the invoice factoring services, you’ll be able to credit check customers and review your account reports anytime. Access your account reports 24 hours a day, 7 days a week to make critical business decisions.
Your online reports include:
Invoice Payment Status
Anticipated Payment Times
Any outstanding issues holding up payment
Factoring Progress on an Invoice
Monthly Rebate Reports
Same Day Funding
Once you get started with Steelhead Factoring’s services, you have easy and convenient same day or next business day funding options. Submit your documents by photo, scan, or fax to expedite the invoice factoring process. Faxes, scans, and emailed photos go directly to your account team so they can begin processing your funds to ensure you get funded as quick as possible.
Loans | Financing Options
We offer collateral loans to existing clients with a strong receivables history. We support your business needs as you add new equipment, gear up for production, or overcome a short term setback such as insurance renewal or licensing fees.
Frequently Asked Questions
Steelhead Finance serves all sizes and our services can grow with you. We customize programs to suit many business sizes, including start-ups.