Carrier Services
FUEL SAVINGS
Sign up for the Covenant Carrier Fuel Card and and you’ll automatically receive 15 cents off the retail pump price at over 250 TA/PETRO locations.
If your trucks combined use is over 30,000 gallons a month or if you begin using addional products like factoring or leasing, you could qualify for Fuel17 and Fuel19.
FACTORING
Invoice factoring is a tried and true financial tool that many companies use to improve their short term cash flow. Unlike traditional financing which concentrates on the assets, net worth and profitability of a business, invoice factoring is based on two criteria: your ability to generate revenue streams and the financial condition of your customers (i.e. their ability to pay). And with banks making it more and more difficult to obtain the financial support you need to operate and grow your business, invoice factoring may be right for you.
Benefits
- Cash to meet payroll, operating costs, purchase equipment and fund growth
- Ability to extend credit to larger accounts
- Relief from slow-pay clients
EQUIPMENT LEASING
We have taken the roles of Fleet Management Consultants as well as Lease and Lease Purchase Advisors for our clients. We understand the best combination of owning or leasing (new or pre-owned) equipment and how each is essential to reaching your greatest profitability.
Our services range from Small Fleet Leasing, customized Lease Purchase Programs, Equipment Remarketing as well as business Re-Capitalization. Contact Us to discuss your specific business needs.
HOW DO YOU KNOW IF LEASING IS FOR YOU?
You've typically had 3 options in deciding how to finance the trucks for your fleet: purchase new trucks, purchase used trucks, or lease new trucks. While each option has its advantages and dis-advantages, we have added the 4th option of leasing pre-owned equipment that focuses on the thing and one thing only: increasing YOUR cash flow.