Freight Factoring in Detroit, MI

Detroit trucking is automotive trucking: just-in-time parts freight feeding assembly plants across southeast Michigan, supplier-to-supplier shuttles, and the busiest commercial border crossing in North America — the Ambassador Bridge and the new Gordie Howe International Bridge — moving parts and finished vehicles between Michigan and Ontario. All of it invoices on 30 to 60 day terms while production schedules run by the hour. Freight factoring pays at delivery: typically 90-97% advanced against the rate confirmation and POD. Y Millennial Funding offers freight factoring for Detroit carriers and owner-operators, and revenue-based funding from $50,000 in monthly revenue, approved on receivables and revenue rather than credit. Factoring is the purchase of receivables, not a loan. Not all applicants qualify.