
Our sales team can help you understand each option, decide which type is best for your needs, and explain the terms of your agreement.Īt Apex, we treat your customers like we treat you – with respect. Whether you choose non-recourse or recourse factoring for truck drivers, Apex is here to help. Apex helps you check credit on shippers and brokers and makes sure customers stay on top of their invoice payments to help prevent this scenario. This responsibility means you will pay Apex for the defaulted invoice.
Recourse f actoring: With a recourse factoring arrangement, you are responsible for losses if your customer doesn’t pay. Non-recourse f actoring : For non-recourse factoring, Apex takes the credit risk if the customer defaults on their invoice payments for certain situations, which protects your business and credit. Here are the differences between non-recourse and recourse factoring: Apex offers non-recourse and recourse factoring options so you can choose the best type for your company. Non-recourse and recourse factoring is for if the factoring company cannot collect a payment from the customer. A highly experienced account executive to help you manage your account. #FREIGHT INVOICE FACTORING PROFESSIONAL#
Professional collections on factored invoices. FREE membership to Apex 24/7 Roadside Rescue™Īpex delivers helpful service for your trucking company with:. FREE unlimited access to our exclusive load board,. FREE fuel card with HUGE discounts on fuel nationwide. FREE Mobile Factoring™ app with image capture technology. FREE online Account Management Portal (AMP) with 24/7 access. The solutions we provide at Apex include: Fuel credit lines starting at $2,500 when you factor.
Recourse and non-recourse factoring plans. 24/7 Factoring – nights, weekends, and bank holidays. We offer better options for freight factoring, including: