Flat Rates
We offer a Flat Rate plan with no Monthly Minimums. Payout to you is 95%. This is the preferred choice of most our trucking companies, as it gets them maximum cash up-front!
This plan works as follows:
| 0 - $35,000 + ... |
...5.0% |
Here are some examples:
Example 1 - First Load
$1,200 Invoice amount less 5.0% = $1,140
Out of your first few loads we will build your Reserve Account. We set aside $50 in the Reserve for loads over $1000, and only $25 in the Reserve for loads under $1000.
$1,140 - $50 = $1,090!
Therefore, $1,090! is your payout amount.
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Example 2 - 20th Load
$1,200 Invoice amount less 5.0% = $1,140
Assuming your Reserve Amount is now met, there is no more money taken out. You can opt to continue setting money aside, as a “business savings account.” Call us for details!
$1,140 - $0 = $1,140!!
Therefore, $1,140!! is your payout amount.
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*If your trucking company will submit more than this example volume each month, may we suggest one of our other plans.
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