Pure Non-Recourse Debt Factoring™ 

Grow Your Business Without Debt, Address Your Working Capital Needs, Convert Your Invoices Into CASH. Get Paid In Minutes, No Hidden Fees or Charges.

The Pure Non-Recourse Program is the ultimate protection for trucking companies against unpaid freight.  If you deliver a Pure load, which is a load with no deductions or advances and you submit Pure paperwork, which is all copies of the paperwork legible to bill with.  You will receive Pure Protection, which means you never have to worry about that load again.  
 
Most factoring companies offer non-recourse, which protects you against debtor (customer) bankruptcy.  What they don’t tell you is that bankruptcy doesn’t happen overnight.  It is something that takes months or years to happen.  Most factoring companies only allow an invoice to age 60 or 90 days.  If your customer does not declare bankruptcy within this 60 or 90 day window, most factoring companies will still come after you for an unpaid invoice (chargeback or buyback).
 
QP Capital does offer standard non-recourse at a discounted rate.  While chargebacks are rare, they can be quite expensive when they occur.  Most new trucking companies can not withstand a $10-$15k shortfall early in their business life.   It all depends on your tolerance for risk and cash reserves as to what program suits you the best. 

Benefits of invoice factoring

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Get cash immediately in less than 24 hours. The steady cash flow helps to meet your day-to-day bill payments.

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Eliminate the overhead costs associated with processing and collection of invoices and handling charges

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Receive unlimited capital factoring, which is the only source of financing that grows with your sales

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There’s no problem if one has a poor credit as only customers’ credit history is taken into account

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Rely on the flexibility of factoring and only factor the invoices you choose

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Get the ultimate peace of mind with QP Capital’s PURE NON-RECOURSE™ program

QP FACTORING

1. COMPLETE JOB

2. SEND PAPERWORK

3. GET PAID

PURE NON-RECOURSE™

As long as you deliver a Pure load (No deductions or Claims) and turn in Pure paperwork (paperwork that is acceptable to Bill with), you never have to worry about that load again. It is the ultimate peace of mind.

GET FUNDED IN MINUTES WITH QP PAY

Each QP Capital client receives their own personal QP Card that we can upload your funds in minutes after verification of the load. Some feature of the QP Card include:

• Use anywhere mastercard is accepted
• Nation’s largest fuel discount network
• Transfer funds to your bank account
• Push funds to sub card accounts to pay drivers or so they can purchase fuel
• Set up bill pay • Use for company or personal expenses

GET PAID WITH A PICTURE

We have an app for that. By downloading our app you are able to use your smart phone to simply snap a picture of the rate con and proof of delivery making the paperwork process simple, fast and efficient.

SIMPLE BUSINESS RELATIONSHIP

We have simplified every step of the process so getting set up with QP Capital usually takes less than 24 hours.

• We also have very simple terms. We have a flat fee structure with no hidden fees.
• No long term contract and no minimums you must meet.
• Factor what you want
• When you no longer need our help, although we will be sad to see you go, we make the transition seamless.

MORE THAN FACTORING

We have a guy for that. We pride ourselves on helping our clients with much more than cash flow through factoring. Whether it be insurance, licenses and permits, dispatching, broker relationships, tracking costs, accounting, maintenance and repairs, acquiring direct shippers, we have resources to help your transportation company succeed. Trucking is a complex and competitive industry. leveraging our connections is a great way to reduce costs and maximize revenue to give you an edge against your competitors.