Volume Discount
We have a Volume-Discount proposal available. This is the best strategy for those trucking companies who want to focus on running their business and earn a low financing rate while doing so. This plan is customized to your company’s performance, so rates and tiers are set according to the negotiated contract terms.
Rate Tier Example as follows:
| 0 - $30,000 + ... |
...5.5% |
| $30,001 - $60,000 + ... |
...5.0% |
| $60,001 - $90,000 + ... |
...4.5% |
| $90,001 + ... |
...4.0% |
Here are some examples:
Example 1
If you factored up to $30,000 a month:
20 invoices for $1,500 each = $30,000. Your fees would be 5.5% (base rate).
$1,500 - $82.50 = $1,417.50!
Therefore, $1,417.50! is your per bill pay.
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Example 2
If you factored $92,000 per month:
62 invoices for $1,500 each = $92,000. Your fees would be 4.0% (best rate).
$1,500 - $60 = $1,440!!
Therefore, $1,440!! is your per bill pay.
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*This plan requires a volume minimum for each month, which will be negotiated before the contract is signed.
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