ROADEX EXPANDS FACTORING SERVICE WITH INSTANT PAYMENTS

Transportation service provider RoadEx to help truckers receive immediate funding for freight with RoadEx RapidPay

Transportation service provider, RoadEx, offering invoice factoring, an EFS Fuel Card program, dispatch, and insurance services to owner-operator truck fleets, will expand its factoring services with RoadEx RapidPay to provide instant funding for clients’ freight loads.

“Receiving timely payments for their freight is a consistent pain point for truckers, particularly as economic pressures compound across the supply chain,” said Paul Adams, CEO of RoadEx. “The launch of RoadEx RapidPay will allow our clients to access cash faster with less fees. RoadEx is for truckers, by truckers which drives our commitment to offering leading-edge services to elevate small fleets and independent truckers, like RoadEx RapidPay.”

Factoring clients can sign up for a RoadEx RapidPay account to start receiving their funds in 10 minutes or less after the load has been verified. Account holders will receive a card that has no fees and minimums associated with usage. Existing clients can submit a request and new clients must sign up for RoadEx’s factoring service to obtain payment. For more information, please call 607-TRUCKER or visit https://tank-payments.webflow.io/roadex.

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