FAQ's

A freight factoring company, also referred to as a “factor,” purchases freight bills (accounts receivable) at a discount, providing up-front funds to a client for unpaid invoices. Instead of having to wait 30, 60, or 90 days for your customer to pay you, a factoring company can send money in less than 24 hours. The freight factor collects a fee once the invoice is paid.

American factoring groups do not require you to factor all your invoices. You have the freedom to pick and choose the accounts you factor.

-Yes, the American factoring group provides same-day funding to all clients.

Factoring is an excellent way of getting money fast to manage cash flow to pay for operating expenses without creating debt.

One standard rate does not fit all clients. AFG designs a plan around your needs, considering freight rate, flat rates.

A credit check is performed on every shipper and broker to verify their creditworthiness, and it is very important. AFG runs the credit on every broker & shipper to ensure timely payment. We advise all carriers to perform a credit check on all brokers and shippers before picking up a load.

Head Office in new york

-It takes a week to set up an account with us.