Fast Pay
Commodity Services Inc provides a simple way to speed up your cash receipts and improve your cash flow. Carriers have many expenses up front (fuel, tolls, etc.) so it can be difficult to wait 30 days to be reimbursed for these costs. Our freight broker agents can help to keep your cash from going out faster than coming in. There are many benefits to the Fast Pay Program:
- Payment issued 3 to 5 business days of invoice receipt
- Funds received 3 weeks faster than normal payment terms
- Fast Pay fee is just 2 ½% per invoice
- Less costly than most factoring arrangements
- No holdback of funds
- Funds electronically transferred directly to your bank account
- Direct Deposit faster and more convenient with no additional fees for this service
To enroll in the Fast Pay Program call 507-238-9411 ext 130.