WHY CHOOSE US?
Jenescu Factor was founded on the principles of doing honest business in the world of freight. Our experienced team can handle your factoring, invoicing, and collecting in the way that best fits your business, all while ensuring you can take the hands-off approach. We are proud to pair transparent, equitable pricing with prompt and effective service.
Freight Factoring
After we receive shipping paperwork, we will immediately initiate an ACH transfer for 100% of the invoice amount, minus the factoring fee of 2-3%. The money should arrive in your business account the next business day, and in some cases even the same day.
Invoicing
We will generate any freight invoices for our client and send them to their customers. We manage all communication with their customers as long as it does not require client intervention. We also remind their customers when they are falling behind on payments or when payments are lost.
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We truly value our clients' business, and we make the strongest possible effort to form long- lasting relationships. Not because of any contract, but because of our unmatched customer service and the value we bring to their business. Our clients can cancel our contracts any time after the first 60 days.
Factoring fee: 2-3% of the invoice amount.
Invoice fee: just $2 per invoice.
No reserves - you receive 100% of the invoice amount minus the factoring fee and invoice fee.
We do your invoices. Just send us a copy of the BOL and Rate Confirmation.
Cancel any time for any reason after the first 60 days.
Broker credit check.
90 days recourse.
No minimum fee.
No transaction fee.
ACH deposit to your account within 24-72 hours.
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Don’t hesitate to reach out to Jenescu Factor to learn more about how we can help you. We’re ready to jump into action at any time, for any size business. You’ll be pleased to discover just how simple factoring with us is.
OUR SERVICES
Jenescu Factor is pleased to provide a full range of relevant services under one roof. You don’t have to find your factoring & invoicing piecemeal- it’s all one package for us. However, for the sake of organization, we’ve broken down the two major components of our service below.
Freight Factoring
After we receive shipping paperwork, we will immediately initiate an ACH transfer for 100% of the invoice amount, minus the factoring fee of 2-3%. The money should arrive in your business account the next business day, and in some cases even the same day. Our clients never pay a minimum fee, transaction fee, or transfer fee, and all our pricing is completely transparent. With quick payouts and no surprises, partnering with us is a fast track to growth and a reliable way to keep your cash flow steady. It’s a smart alternative to loans and allows you to avoid large amounts of debt.
Invoicing
We will generate any freight invoices for our client and send them to their customers. We manage all communication with their customers as long as it does not require client intervention. We also remind their customers when they are falling behind on payments or when payments are lost. In other words, Jenescu Factor acts as your Accounts Receivables department, with 100% of our focus and skill set to the tasks you most need help with. This service provides a cost- effective, time-efficient alternative to hiring staff for invoicing and collections. Eliminate headaches, wasted time, and ensure all payments are accounted for, all while passing the labor onto us.