RTS Financial Factoring

Meet Travis. Factoring with RTS Financial

When he started, Travis had 2 trucks.

When he started, Travis had 2 trucks. Now Travis has 10 trucks.

Travis uses brokers for his business.

Travis uses brokers for his business. His invoices get paid in about 40 days…

… but Travis has his own bills to pay.

… but Travis has his own bills to pay. truck/trailer payments

… but Travis has his own bills to pay. payroll truck/trailer payments

… but Travis has his own bills to pay. payroll fuel truck/trailer payments

… but Travis has his own bills to pay. payroll fuel truck/trailer payments permits

… but Travis has his own bills to pay. insurance payroll fuel truck/trailer payments permits

Travis wants to grow his business .

But with his cash flow tied up in outstanding invoices,

But with his cash flow tied up in outstanding invoices,
he’s stuck.

Fortunately, Travis works with RTS Financial .

Meet Janice .

Meet Janice .
Janice works for RTS Financial.

Meet Janice .
Janice works for RTS Financial.
Janice is Travis’ Account Representative.

To get the capital he needs, Travis sends

To get the capital he needs, Travis sends his invoices,

To get the capital he needs, Travis sends his invoices, bills of lading ,

To get the capital he needs, Travis sends his invoices, bills of lading , and rate confirmations to Janice.

RTS Financial purchases Travis’ invoices.

RTS Financial purchases Travis’ invoices. He receives the money in his account on the same day.

Today, Travis submitted $10,000 worth of invoices .

Today, Travis submitted $10,000 worth of invoices . $9,000 is wired to his account on the same day. Travis does not have to wait 40 days for his debtors to pay him.

Now Travis can

Now Travis can expand his business

Now Travis can expand his business increase his insurance coverage .

Now Travis can expand his business buy new trucks and trailers increase his insurance coverage .

Now Travis can expand his business fund his payroll buy new trucks and trailers increase his insurance coverage .

Meanwhile…

Meanwhile… Janice mails out Travis’ invoices.

Meanwhile… Janice mails out Travis’ invoices. She calls his debtors to make sure they received Travis’ invoice, and that he’s going to get paid .

Meanwhile… Janice mails out Travis’ invoices. She calls his debtors to make sure they received Travis’ invoice, and that he’s going to get paid . Once the invoices are paid, Travis is funded the rest of his money minus a small factoring fee.

To reduce his risk of bad debt, Travis checks his brokers on www.rtscredit.com.

To reduce his risk of bad debt, Travis checks his brokers on www.rtscredit.com. As an RTS Financial customer, Travis has a free membership .

To reduce his risk of bad debt, Travis checks his brokers on www.rtscredit.com. As an RTS Financial customer, Travis has a free membership . Travis only does business with “A”, “B”, and “C” rated brokers. This keeps his risk down and his profits up .

Travis also likes to use the RTS Financial/EFS fuel card .

EFS Cards are accepted
at more than 5,000 truckstops .

EFS Cards are accepted
at more than 5,000 truckstops .
Through RTS, fuel discounts are available.

Travis has a couple of questions about his account so he calls Janice.

Travis has a couple of questions about his account so he calls Janice.
While talking to Janice, he mentions that his friend Bob needs to increase his cash flow .

Meet Bob.

Meet Bob. Bob has maxed out his line of credit at his bank, but wants to add two more trucks to his line.

Meet Bob. The RTS Sales team call Bob. Bob likes what he hears, especially RTS’ customer service , credit product and their EFS fuel card . Bob has maxed out his line of credit at his bank, but wants to add two more trucks to his line.

Because Bob decides to be an RTS Financial customer, Travis gets a nice referral bonus .

Because Bob decides to be an RTS Financial customer, Travis gets a nice referral bonus .
And will get that bonus every month as long as Bob is an RTS client.

Why RTS Financial?

Why RTS Financial?
90 - 95% advances on receivables
Same day freight bill funding
Competitive rates
Free unlimited access to RTS Credit Service
Fuel card program with EFS
Up to 90-day recourse.
No minimums/monthly fees/per invoice fee/set up fees.

Call Meg or Ryan at 800/383-5231
Contact Us Today!

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RTS Financial Factoring

by RTSFinancial on Aug 27, 2007

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RTS Financial Factoring — Presentation Transcript