When you use the services of Transportation Funding Group, you simply prepare your completed freight bills just as you would for your customer. Instead of mailing the bills directly to the customer you send them to Transportation Funding Group in Minneapolis. As we receive your freight bills we produce a statement that we attach to each of your bills and then forward the bill directly to the customer. When the bills become due, the customer remits payment for the bills directly to Transportation Funding Group
Each time you submit your freight bills to Transportation Funding Group, we prepare a Settlement Report which details all of the current day activities. This reports gives you a complete accounting of all transaction so you can track purchases, adjustments, and customer payments. You may also access your account information online via the TFG website 24 hours a day.
Method of Payment
You may choose one of several methods of payment when you submit your freight bills to Transportation Funding Group. We will produce a check and send it to you by mail or overnight courier. You may choose to have the funds wired directly to your bank or transferred to you by direct deposit. If you have a fuel card account, we can send the funds directly to your fuel card account for you.
Once we have mailed your freight bills out to your customers, we begin routine collections follow-up. If we learn of a problem we will alert you to it immediately. We call your customers and keep the money turning. If a bill becomes uncollectible we will notify you so that you may become involved in the collections effort.
Transportation Funding Group charges you a one-time discount fee for its services. This fee does not increase with age and there are no hidden fee surprises. Our carriers understand and appreciate our simple pricing structure. What you see is what you get.
Transportation Funding Group works with a simple month-to-month contract. This means that you may use our services for just as long as you want. No long terms, no early termination penalties, and no hidden surprises. Our carriers have indicated that this allows them to remain in control. If you like our service you continue using TFG but if you choose to stop tomorrow, you may.
Are you ready to factor with us? Fill out our quick quote form or contact us today.