Industries we serve
Our Transportation industry clients include a wide range of freight carriers and owner operators working hard each day to get their loads delivered on time and coordinating their next shipment seamlessly. Quickpay Funding understands the needs and constant pressures of these road warriors from freight rates that change based on season, fuel increases and surcharges going up, increased rules and regulations, escalating insurance costs, expensive power units and trailers, shortage of profitable loads, long waiting periods, deadhead miles, lumper charges, accessorial charges and fees, and increased competition. We understand that you need Quickpay’s, affordable fuel advances, and faster operating funds. You also need to know your customer’s credit condition and need to get paid quickly on your open invoices. Our services are designed to pave the way for you!
Energy and Oil
Our clients in the Energy Industries – Oil, Gas, Solar, Renewable, and others – operate in a fluctuating economy where extended payment terms impact the working capital needed to run business operations. We understand the paperwork requirements and approval stages required by your customers to process your payments. Dealing with high insurance minimums, complex MSA’s, large customers with high credit concentrations, diverse service providers, extensive competition for the business, low rate environment, extensive waiting periods, local, state, and federal laws and regulations, handling hazardous materials, directional drilling and fracking, short notice work orders, and employee safety. We know this industry and can help you drill your way through it!
Our management team has accumulated extensive international experience to help our clients doing Cross Border work in transportation, services, manufacturing, and product distribution. We understand the pain of federal regulations and customs, lack of proper financing and understanding by local banks, cultural clash, currency exchange risks, rising transportation costs, clearance and long wait times, complex price negotiations, shipping and delivery schedules, international safety, licenses, & permits. Our products and services will help you build a bridge to profitability and growth.
Our clients in the Fresh Produce industry are always under pressure, meeting strict delivery deadlines and battling government regulations and compliance in order to deliver fresh products on time. Our clients sell to brokers and retailers. Banks and larger finance companies stay away from their business due to regulations that they don’t understand (Product Quality, Origin, Food Safety, PACA). We work with our clients to develop creative and flexible funding programs to help grow your business!
Our clients in the Marine Industry deal with large container/shipping lines, big fishing companies, transportation, shipyards, and canneries. Our management team and corporate advisors understand the pressures created by these big companies just to get your name in the door. Long payment terms, high cost of operations, rules and regulations at the ports, security clearances and customs, travel expenses, fuel costs, escalating insurance costs, and dealing with organized labor. We will help you navigate through the industry and support your business!
Staffing and Utilities
Other industries served by Quickpay Funding include service providers and primary contractors in Utilities, Cable, Telecom, Staffing, and Employment Agencies.