Two problems, two different tools. We arrange equipment financing to put trucks and trailers on the road, and factoring on your freight invoices so the cash arrives in days instead of months — or both together as one working line.
Most trucking operators need one of these, and often both at once. They underwrite completely differently, which is usually good news.
Finance the purchase of new equipment, or borrow against equipment you already own outright.
Your broker or shipper pays in 30, 60, sometimes 90 days. Fuel, drivers, and insurance do not wait that long.
Equipment financing and A/R can also be combined with inventory into a single flexible line of credit — useful once you are running enough trucks that the two needs blur together.
No cost to find out where you stand.
Equipment you want, invoices you are carrying, or both.
Presented the way lenders in this space expect to see it.
Sent to the funders whose criteria your file already fits.
Review what comes back and decide. No obligation.
Carriers are usually excellent at the operating side and running the books on nights and weekends. That is not a knowledge problem — it is a time problem, and it quietly costs money.
Each load creates several moving parts: the advance, the reserve held back, the fee, and eventually the settlement. Booked as one lump deposit, your revenue and your receivables both end up wrong — and so does every number a lender or your CPA looks at afterward.
We arrange the factoring and keep books on Xero, so we are unusually well placed to get these entries right.
Most carriers can quote their rate per mile instantly and their true cost per mile only roughly. That gap decides which loads are worth taking.
We are a certified advisor with the Xero accounting system and also work with QuickBooks Online — monthly bookkeeping, catch-up when you are behind, or controller-level review. It works alongside your CPA rather than replacing them.
Often yes. Equipment financing may be available from a 600 score because the truck or trailer itself is the collateral. Factoring is different again — it leans on your customers' creditworthiness rather than your own, which is why carriers who have been declined for a loan are frequently still approved for factoring.
Yes — that is a sale/leaseback. You sell the equipment to a lender and lease it back, which releases the capital tied up in it while you keep running the trucks. It is one of the more overlooked options for an operator who is asset-rich and cash-poor.
No. You are advancing money against invoices you have already earned, not taking on term debt, so it does not sit on your balance sheet the same way. That distinction matters if you are trying to keep borrowing capacity available for equipment.
We earn a broker fee at closing, generally a percentage of the amount funded. It is disclosed to you upfront and built into the financing structure. The first conversation costs nothing.
Yes. We keep books on Xero (and work with QuickBooks Online), which for a carrier mainly means recording factored invoices correctly, tracking true cost per mile, organizing driver settlements, and keeping fuel and mileage records in order for quarterly reporting. It works alongside your CPA, not instead of them. More on that here.
Yes. We are based in Chappaqua, NY and work with carriers throughout the United States.
Send over the basics — number of trucks, what you are buying or what your receivables look like — and we will tell you straight which route makes sense and roughly where it prices.
Or call 914.419.3059 · email mike@ntibfin.com · book a free consultation
Your information is kept strictly confidential and never sold or shared outside your financing request.