Criteria to Maintain QuickPay+ Status:*
- 7+ loads hauled for Capstone (LoadDelivered) over the past 30 days
- Active visibility integration and/or average of 90% compliance over the past 30 days (preferred vendor is MacroPoint)
- Clean and complete paperwork submitted with proof of delivery (POD)
*Compliance will be evaluated on the last business day of each month.
Do you have enough cash in hand to meet expenses & grow your business?
Even the most established trucking companies experience problems with uneven cash flows. Clients tend to pay net 30 or net 60 terms, which means weeks or months pass before full payment is received. What if you have immediate need for cash to pay debts and bills? And what if that challenge is compounded by market conditions that lower rates?
Case Study: Carrier saves on factoring fees with QuickPay+
Like many carriers, this Illinois-based trucking company was using a factoring company to avoid the 30+ day delay on its incoming payments. With QuickPay+, they receive next-day payments without the 2-3% factoring fee, saving the company over $20,000 annually.