for Owner Operators
We’ll get you paid faster.
The Cash You Need, When You Need It
We understand that owning and operating your own truck also comes with many stresses, like chasing after late payments, dealing with paperwork, and managing your businesses finances. Let us help lighten your load with fast funding, competitive fuel card programs, back office support, and many other valuable services.
With SouthStar Capital’s Owner Operator Freight Factoring Program, we will advance up to 97% of your outstanding invoice(s) within 24 hours, so you have access to the capital needed for fuel, maintenance, insurance, and anything thing else your business may need to operate and grow. Then, when your customer pays their invoice on your agreed upon terms, SouthStar is paid a small fee and the remaining balance goes to you. We will even handle your billing and collections, so you can focus on driving and growing your business.
You will no longer have to wait 30-60+ days for your customers to pay in order for you to cover business expenses and be able to pay yourself. Also, since your customer is the one responsible for paying the invoice that was advanced, your credit score is not considered for funding and you are not acquiring additional debt.
How does Owner Operator Freight Factoring work?
How You Benefit
- Easy and Fast Approval
- Access Same Day Cash
- No Hidden Fees
- No Limits for Invoices Submitted
- Challenged Credit is a Non-Issue
- Collections and Billing Support
- Assigned Account Team
- Non-Recourse Factoring Available
The Extra Perks
Fuel Discount Card
Never pay full price for diesel again. Save $1000s at 16,000+ locations nationwide.
Get funds in 20 minutes to buy fuel and cover expenses or Credit lines of up to $2,500 per truck, per week
Purchase new equipment or refinance old equipment without draining your bank account.
Asset Based Lending
Expand your business using your equipment and machinery as collateral.
Find freight brokers with strong credit and payment histories.
Available anytime for all things related to your account.