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Factoring Programs available from Interstate Capital
Posted: Jun 24, 2015
The Factoring programs at Interstate Capital are designed for the needs of a variety of factoring industries. Whether you are looking for trucking factoring, staffing factoring,manufacturing factoring or service business factoring, we provide the services required for the industry.
Our Factoring program handles all invoicing, processing and collections for your factoring account, thus enabling you to focus on your business rather than searching for your next payment!
Set up is easy and free. Unlike some other factoring companies, there is no application fee. In addition, we also provide same day funding along with a host of other features, not to mention factoring rates as low as 0.49%.
Factoring Program Fuel Card
The CSI Global-Fleet Fuel MasterCard through Interstate Capital provides a ‘Smart Buy’ savings tool which locates the best-priced gas/diesel stations in any given zip code or city. The card works directly at the pump and is nationally accepted at over 180,000 fuel merchants. It also features Level III data capture at over 90% of fuel locations.
One of the great benefits is that all "per card" fees are waived and the fee is standardized into one easy monthly fee. There is also a reduced one-time setup fee. Discounted access is also provided to the O-T-R Network (10,000-plus travel centers & truck stops).
Purchase Control Limits & Security:
- Restrict transaction limits per day and dollar amount
- Daily, weekly or monthly per card spending limits
- PIN and odometer prompting option
- Render certain cards inactive during non-business hours and/or days
- Lock cards to work at the pump only
Comprehensive Purchasing Options:
- Fuel purchases only
- Fuel and maintenance only
- Travel and business purchasing options available for hotels, airlines, rental cars, etc.
- Cash advances and controlled access to ATMs
Functionality & Flexibility:
- Assign cards to vehicles or drivers or any combination
- Driver or vehicle # PIN and/or odometer prompting
- Purchases limited by merchant type (fuel merchants and/or automotive maintenance merchants)
- Set different daily/monthly limits for fuel vs. maintenance purchases
Exception Monitoring Options (exceptions automatically e-mailed to account supervisor):
- Fuel grade and type variances
- Time of day & day of week variances
- Multiple fueling same day
- Mileage and exceeds tank capacity variances
Online Account Maintenance and Reporting:
- Real-time online account/card maintenance and reporting capabilities
- Online access to reports and account information
- Dedicated customer service available 24/7
The CSI Global-Fleet Fuel MasterCard is universally accepted at any fueling location that accepts MasterCard’’ over 180,000 locations! The following oil brands/merchants accept theCSI Universal Fleet Fuel Card and typically provide Level 3 data capture (line item transaction detail and PIN and odometer prompting capability):
- Amerada Hess
- BP/Amoco
- Casey’s General Store
- Certified Oil
- Chevron
- Circle K
- Citgo Pure Oil*
- Clark PDQ Stores*
- Coastal Marts
- Conoco
- Crystal Flash
- ETNA Smokers Express*
- Fast Stop/Grow Mark
- Freedom Oil
- Gas America
- Gas City*
- Gate Petroleum
- Getty
- Giant
- Git N Go*
- Gulf/Cumberland Farms
- Holiday
- Kum & Go Stores
- Lil’ Champ
- Murphy USA
- Phillips 66
- RaceTrac
- Sheetz
- Shell
- Sprint Stores
- Sunoco
- SuperAmerica
- Tesoro*
- Texaco
- Union 76
- Valero
Major Truck Stop Merchants
- Love’s
- Petro
- Pilot/Speedway
- Total Petroleum
- Travel Centers of America
- Williams Travel Centers
- Plus over 35,000 smaller retail chains and independents!
Interstate Capital’s factoring programs include a long list of unique features including rates starting at just 0.49% per invoice, advance rates up to 100%, same-day funding, 24/7 automatic credit approvals, fuel advances (for motor carriers), professional collections, and much more.
Set-up is always fast and easy. There is no application fee and most companies will qualify for an instant online proposal in under 2 minutes just by completing the Instant Factoring form on this page. If you like what you see in your proposal, just click on the application link in your proposal and you’re on your way to fast funding.
Today, the Interstate Capital group of companies employs more than 85 dedicated professionals, and has successfully funded over 6,000 motor carriers, freight brokers, manufacturers, staffing services, oilfield service, and other service businesses for over 20 years.
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