About us

Source Funding provides financial support to carriers in the transportation industry.We understand the industry and have over 20 years of experience, which is why our clients put their trust in Source Funding. Our multilingual and diverse team members offer our clients the customer service they deserve. We offer competitive rates within the market which help our clients meet cash flow needs in order to run their daily operations and continue to grow their business.

Equipment Finance

When you need quick and easy solution, we will assist. Do not waist your time on paperwork, waiting for the cash, and let the circumstances slow you down. Let us make your business work right now!
The immediate cash will help you focus on expanding your business and increasing the size of your fleet.

Truck and Trailer Lease

The necessary cashflow is at your finger tops. Fill in the application, submit your invoices and wait for the cash. We will do your paper work, we will provide the cashflow, we will advise.
Our experienced account and collection representatives will give you peace of mind by handling all your accounts receivables and turn them into immediate cash advances.

Consulting Services

As we are aware that in trucking business there are circumstances that may delay daily operations, we want to help companies grow by providing the immediate cash advances. We help companies solve short-term cash flow issues within 24 hours without having to worry about hidden fees and advance rates.

Factoring

The factoring services that Source Funding Inc. provides are a crucial financial tool for your business.

The main advantage of our factoring services is that we can provide you with an immediate cash advance. We will help you solve short-term cash flow issues and assist you to grow your business. We are here to make things easier for you by offering you a broker search database and handling your collections.

How we work

Don’t be busy – be productive!

01

Send a request

Complete a short application for start cooperation with us.

02

Get approved

After processing data, we will add your Company to our data base, and you will get notification.

03

Submit invoices

Submit all your invoices via our online portal

04

Get paid

You may expect the money within 24 h.at your bank account.

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FAQs

You still have questions? Check if we already have an annswer!

Why factoring?

Provide immediate cashflow so you would be able to grow your company faster, control your costs, and improve your business.

How do I get paid for my invoices?

Once you are done delivering your freight, you simply upload your bills on our client portal, and once the bills are processed, you will get your funds in your bank account. We even do same day billing, just ask your Account executive!

Do I have to collect my payments?

No, we have our own team of collection specialist that are here to make sure all payments a received in a timely manner, lowering your overhead, so you can focus on more important thing.

How quickly can my business secure funding?

One of the most attractive benefits of using invoice factoring is that you can secure next-day, or even same-day, funding. Instead of waiting 30, 60 or even 90 days to receive payment from your customers, you can factor those invoices and have cash in your business’ bank account in as little as 24 hours.

What industries and business types do you work with?

Thanks to advances in technology, factoring companies have been able to target the needs of specific industries, making this financial tool more accessible than ever before. Oil and gas, trucking, staffing services, construction, business services, government contractors and manufacturing and distribution are just a few of the industries that greatly benefit from factoring and frequently use these services.

Do you require every invoice to be factored?

Some factoring companies require their clients to submit all of their customer’s invoices for factoring because they want to be sure to assume the least amount of risk possible; this requirement will vary from company to company. However, you may not want to factor every invoice, for one reason or another. You may only wish to factor your slower paying customers, for example.

What kind of support does your team provide?

A reputable factoring company as we are, will not only provide immediate capital, but also exceptional back-office support that saves you valuable time, money and resources.

Can your funding match my company’s rapid growth?

One of the biggest advantages of invoice factoring over a traditional lending option is that the funding through factoring grows with your business. The amount available is only limited by the number of eligible invoices your business has to factor. So, as your business grows and builds a strong relationship with the factor, your business’ credit line also increases. Just make sure that the factor you choose has the experience and financial capacity to match your company’s growth.

Ready to get your business GROW?

They work with us

And they know why!
Start your factoring NOW!

Join us!

We know what we do!

A big business starts small!

Our factoring services will give you the opportunity to take step forward!

The way our factoring services work is very simple for our clients. Your company knows the situation of immediate costs and you really feel the impact of the lack of cash flow when this situation decreases your business. At Source Funding Inc. you will be able to sell your invoices in exchange for a percent advance on the total amount within the same day.

Contact us!

Call us

800 372 6405

Mail

info@sourcefunding.us

Location

1520 Blaine St Gary,
IN 46406 (Corporate)

Opening Hours

Monday ……………. 08 am – 5 pm
Tuesday …………….08 am – 5 pm
Wednesday ……….. 08 am – 5 pm
Thursday ……………08 am – 5 pm
Friday ……………….. 08 am – 5 pm
Saturday, Sunday ………… Closed