factoring-sidekick-w-hank-background

Fast and Flexible Freight Factoring

Learn How Foley Can Become Your Sidekick in Growth

(860) 815-0763

Don’t let slow paying clients put your business on hold. With Foley’s factoring program, you’ll get the cash flow you need to drive your business forward.

As a Foley partner, you’ll have the flexibility to choose the terms that work best for your business. New to factoring? Our trial program lets you use our service without any long-term commitments. Simply sign up, factor one invoice and see how we work. It’s that simple.

Or, sign up for our traditional program and take advantage of our electronic invoicing process. With 87 percent of invoices sent electronically, your clients will receive their bills almost immediately. This smoother recievables process will help ensure your invoices are paid quickly – and help keep your Foley rates as low as possible.

Regardless of the program you choose, there’s one thing you can always expect:  fast payment. With a variety of payment options to choose from, you’ll receive your funds within 24 hours by fuel card, ACH, wire transfer or T-Chek.

For a more immediate solution, we can also provide you with a free fuel advance equal to 50 percent of the factored invoice. 

Industry Average 44 days

Foley Average 34 days

We collect on unpaid invoices 10 days faster than the industry average- resulting in fewer headaches and lower interest rates for you.

Program Benefits

  • Free weekday fuel advances (Saturday funding also available)
  • Same day funding
  • No set up fees
  • Recourse & non-recourse factoring
  • Flexible payment options
  • Free credit checks
  • Free fuel card (with discounts)
  • Free load board trial
  • Get paid faster with our free Snap Factor app

When you sign up for our factoring program, you’ll work with a dedicated account representative who will help customize a program that works best for you and your business. To learn more about the benefits of factoring with Foley, fill out the form or call us at (860) 815-0768. There are no set up fees and new customers are typically approved within 24 hours.

Want more information on how Foley can help boost your bottom line? Fill out this form and a member of our team will contact you shortly.

Pair with Our Foley Fuel Card

When you have your funds loaded onto our Foley Black Card, you’ll get paid faster and save money at the pump. Learn More

Try Us Risk Free

Our no-obligation factoring program gives you the flexibility to factor as much – or as little – as you’d like without penalty. It’s the easiest way to see if Foley’s programs are right for you.

Free Credit Checks

Working with a new broker or shipper? As a Foley factoring client, you can run free credit checks on prospective clients before you accept freight.

The Convenience and Cost Savings of the Foley Fuel Card

Save up to 14 cents a gallon, discourage theft and track expenses more easily.

GET STARTED >>
“Foley has been my factoring company for about three years. It was a smooth transition from a small family-owned factoring company to Foley. Over the past three years I’ve only had two representatives. Both ladies were excellent.

Foley has very dependable and reliable people. When you have an EXCELLENT Representative like I do, then your company can operate smoothly.”

Dasha Riggins, Reginald Riggins Trucking
“Foley has been great to us. They have excellent customer service. They truly show us they value our business. They are more than business partners, they are like family. I could not imagine dealing with another factoring company. They’re rates are excellent and without them our business would not be where it is at today. Thank you to the team at Foley!”
Dina Kayyal, Nationwide Logistics Express, Inc.
“After going it alone for nearly a year and suffering through many sleepless nights worried over cash flow, I found Foley. I studied the factoring concept and came to the conclusion that it made sense to factor, but only if you had the right partner. After reviewing a dozen other companies I chose Foley. I’m 100% satisfied and am sleeping well now.”
Robert J. Sarlay, Pride Motor Carriers LLC