

Compass
Funding Solutions helps carriers focus on what they do best; maintain
and build relationships with brokers and shippers. We can handle credit
management, billing, collecting, and cash application. By outsourcing
these tasks, a carrier, or any company, can maximize its resources
and profits.
Once
you begin factoring and you have adequate cash flow, you can begin
to pay your bills in a more timely manner and start establishing,
or improving, your credit. This improves your chances of getting credit
terms from suppliers and improves your chances of getting conventional
financing in the future. We can even work with you if you have tax
problems or are in bankruptcy.
Compass
Funding Solutions will provide you with credit information on new
customers, which enables you to make better credit decisions. Compass
Funding Solutions will also provide ongoing credit monitoring of existing
customers to make sure there is no significant diminution in their
credit status.
Factoring
is the only source of financing that grows with your sales. As sales
increase, more money becomes immediately available to you. This allows
you to constantly be able to meet increasing the increasing demands
within your industry.
If you are already our client you can log in into your account here.
Companies choose receivables financing for a lot of good reasons: periods of rapid growth that outpace resources, slow payment from debtors, unmet start-up company projections, concentration limits that suddenly cause an existing lender to shy away from continuing to finance your business.
Whatever the reason, companies all enjoy one common benefit of factoring: enhanced cash flow. That’s because factoring lets you “sell” your invoices in exchange for immediate funds. There’s no waiting for customer payment to arrive.
Moreover, credit worthiness is based largely on that of your customer—not that of your company. So compared to traditional forms of financing, factoring offers a more streamlined application and credit approval process.
