CST Financial Kicks Off 2016 With New Freight Factoring Clients

CST Financial, a provider of freight factoring services, announces a strong start to 2016 with the arrival of two new freight factoring clients. These two gentlemen will be bringing in with them years of experience in their industry and, with the help of CST Financial’s expertise, will continue to accelerate operations.

“On behalf of the CST Team, I would like to extend a very warm welcome to Tanner and Darren, ” comments Kara Harris, Office Manager at CST Financial. She adds that the arrival of the power duo of clients couldn’t have come at a more opportune time. “CST Financial’s rapid growth is due to a change in the economy. Fuel prices are lower so shipping costs are more affordable. More affordable shipping costs are increasing demand for shipping services. Increased shipments require truck drivers to have more available money to pay for the fuel for their next delivery while they await payment from their last completed deliver. We’re excited to help outstanding businessmen like Tanner and Darren,” explained Harris.

Cash flow is always a concern for truck drivers, especially so for small-to-medium sized shipping and transportation companies. These companies live and die by their receivables to pay for their payroll and expenses. Freight factoring is one ensure consistently available cash flow via accounts receivable factoring. CST Financial Service’s freight factoring service offers business owners and operators ready cash.

With accounts receivable factoring, instead of carriers waiting 30, 60, or even 90 days for customers to them, cash is funded based on freight. In freight factoring, a business owner or company makes a loan against their receivables. CST Financial provides the loan and then collects the company’s receivables from the customer at a later date. CST Financial makes money available to businesses when they need it. For a small flat rate, CST Financial also handles the paperwork and allows production or manufacturing to continue as scheduled.

Having been around for more than 13 years, CST Financial is a trusted name in financial services. To learn more about asset based lending visit www.CSTfinancial.com or call 801-566-2028.

About CST Financial

CST Financial has been providing freight factoring services to small businesses and owner-operators for over 13 years. Offering accounts receivable finance and trucking invoicing, CST is today\’s premium truck factoring company.