Contact us
Contact Details
- 515-243-2335
- [email protected]
- 1500 Delaware Ave, Des Moines, IA 50317
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What you’ll need:
- 5 minutes for 5 questions
- Motor Carrier Number
- Driver's License
- Business Formation Documents
- EIN/Tax ID
Contact Details
- 515-243-2335
- [email protected]
- PO Box 798, Gloucester, VA 23061
FAQ
Ask us anything
What services do you offer?
At Flexent Freight Funding, we offer freight factoring for owner operators, fleets, and brokers.
Our parent brand, Flexent, also offers general accounts receivable financing, and asset-based lending.
What are your operating hours?
Our Flexent Freight Funding office is open 8:30 AM to 5:00 PM CST, Monday through Friday.
Our general accounts receivable financing and asset-based lending office is open from 8:30 AM to 5:00 PM EST, Monday through Friday.
Do you offer non-recourse factoring?
No. We only offer recourse factoring.
Recourse factoring means that we purchase your invoices for an allotted period (generally 45 days). If your customer fails to pay within that period, we will return the invoices to you. Think of it like returning a faulty product. The longer a customer takes to pay, the more difficult it will be for us to collect payment, so we reserve the right to return unpaid invoices after the allotted time period. This form of factoring is often cheaper than the alternative.
Non-recourse factoring means that the factor purchases the invoices permanently, and cannot return them, even if your customer does not pay. In this form of factoring, the factor takes on more risk, and so often charges more for the service.
