Freight Factoring in Phoenix, AZ

Phoenix has become one of the fastest-growing freight markets in the country — the I-10 bridge between Southern California and Texas, a Valley-wide distribution-center boom stretching from Goodyear to Mesa, and produce reefer lanes running out of Yuma and Nogales in season. The carriers moving it invoice brokers and shippers on 30 to 60 day terms while trucks run daily in a market where summer heat makes idle equipment expensive. Freight factoring pays at delivery: typically 90-97% advanced against the rate confirmation and POD. Y Millennial Funding offers freight factoring for Phoenix 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.