Running a trucking company is difficult enough due to its highly competitive nature and during a time where there is a significant driver shortage. Trucking entrepreneurs struggle with recruitment, electronic logging regulations, compliance issues, and so many other facets of running a business in a market that is experiencing a dramatic technology shift, that they can’t focus on cash flow or simple billing and back-office support functions.
HOW IT WORKS
OperFi provides a platform for trucking companies to grow their existing operations and focus on their core competencies rather than dealing with working capital constraints and back-office support difficulties.
WE DO DETAILS SO YOU CAN FOCUS ON GROWTH
SOLUTIONS AT THE SPEED OF BUSINESS
OperFi offers its clients a back-office solution so drivers and owner-operators can focus on their next load and capturing consistent load volumes with their customers, rather than tedious, but critical, business functions.
As a business partner, OperFi provides credit consulting, billing services, working capital, and other strategic vendor relationships that support growth which benefits both parties in the long term.
THE PROCESS
OperFi’s operational processes for trucking entrepreneurs to receive funding from start to finish are as follows:
SIGN UP
Contact an OperFi representative today to fill out an application and see if your business qualifies. Gather your important business documents and take the next step.
UNDERWRITING & ONBOARDING
Once approved and terms are agreed upon, your company is onboarded and educated on OperFi processes and how we work to grow your operation.
GETTING LOADED
OperFi partners with nationally based logistics companies and load boards in order to provide our clients with load volumes and revenue opportunities. We provide free credit services and educate clients on how credit works and why it is important to be selective with your customers
FUNDING PROCESS
Submit invoices, rate confirmations, and other supporting documents to the Billing Team. Same day funding depending on customer criteria. Payments are distributed through Wire, ACH, Check, or Fuel Card processing depending on your preferred method.
BILLING & COLLECTIONS
OperFi professionals understand the back-office transportation space and the sensitivities of customer billing processes. OperFi Account Executives ensure the necessary freight bills are billed timely and accurately, in order to make sure that payment terms are met and collected according to industry standard practices.
GROWTH
Through ongoing working capital and consultative business services with OperFi’s team along with the OperFi Carrier Vendor Network, our clients can grow their business and build a sustainable trucking company for years to come.
