CST Financial Starts Loans for Equipment as a New Initiative

CST Financial is one of the leading freight factoring services in the country. This family owned corporation has been around for years and continues to assist truck owners and operators keep their business afloat. The company understands how difficult it sometimes is to keep cash flow moving, and this is why they have launched a new service. CST Financial’s new initiative involves releasing funds for equipment purchases.

Anyone in the industry knows that invoices can take long to be settled, and for trucking companies, this can be a real problem. CST Financial’s now loans for equipment acquisitions. This provides for an easy source of capital without any long-term commitment.

“We’re happy to offer our clients more ways to manage their cash flow,” says CST Financial Office Manager Kara Harris. “This loan for or against equipment assures them that they will have alternative means of securing funds for their company’s needs. Since they already have the equipment on hand, the process of applying and being approved for this new product is quick and hassle-free.”

In addition to lending towards equipment, CST Financial provides efficient factoring services (also known as accounts receivable finance) to small businesses and truck operators. Freight factoring helps trucking companies manage their cash flow and keeps the chain of service going. What CST Financial’s services offer is to buy the invoices for freight that has already been delivered, so the trucking company gets paid in advance. CST Financial will be in charge of collecting the money for the invoice – be it 30, 60, or 90 days after.

Trucking and freight companies depend on the flow of cash to keep things running smoothly. Freight maintenance can be costly, and gas and employee salaries also add up. If transportation companies wait for invoices to settle, which can take months, it can collapse a business or stall growth. CST Financial’s services guarantee loans against the overall value of a customers’ invoice, and now against the value of equipment that they already own. CST Financial’s services are offered at no monthly minimum, and no setup or hidden fees. Funding is also available in as little as 24 hours.

With CST Financial’s diverse options for access to capital, truck drivers and operators are assured that someone has their back. To turn invoices and equipment into cash now, give CST Financial’s factoring company a call today at 801-566-2028 or visit www.CSTfinancial.com.

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.