FREIGHT FACTORING SERVICE

In the world of transportation and logistics, cash flow is king. Without a steady stream of cash coming in, it can be challenging for businesses to maintain operations and grow their companies. That's where Jenescu Factor comes in, providing reliable and efficient freight factoring services to businesses in need of working capital.

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Freight factoring is a financial service that allows businesses to convert their unpaid freight invoices into immediate cash. Instead of waiting for weeks or even months for their customers to pay, businesses can sell their unpaid invoices to a factoring company like Jenescu Factor for a fee. The factoring company then advances a percentage of the invoice amount to the business, usually between 80-98%, and collects the payment from the customer when the invoice is due. Once the customer pays, the factoring company releases the remaining funds to the business, minus their fee.

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Jenescu Factor offers a comprehensive freight factoring service that includes credit checks, invoice processing, collections, and account management. Our team of experts works closely with their clients to understand their unique needs and provide personalized solutions that help businesses maintain a healthy cash flow.

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One of the significant advantages of using Jenescu Factor's freight factoring service is the speed at which businesses can access cash. Instead of waiting for weeks or even months for their customers to pay, businesses can get immediate access to funds that they can use to pay for fuel, repairs, payroll, and other expenses. This can be especially beneficial for small and medium-sized businesses that may not have access to traditional financing options.

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Another advantage of using Jenescu Factor's is the reduced risk of bad debt. When businesses sell their unpaid invoices to a factoring company, they transfer the risk of non-payment to the factoring company, this means that businesses can avoid the hassle and expense of collections and focus on growing their operations.

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Our freight factoring service is an excellent option for businesses looking to maintain a healthy cash flow and reduce their risk of bad debt. With our expert team, comprehensive services, and competitive rates, businesses can trust that their financial needs are in good hands. 

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So if you're looking for a reliable freight invoice service, Jenescu Factor has got you covered in more ways than just one.