Why Truckers Trust Us
At Global Funds, we believe in keeping things simple and straightforward. That's why we're proud to offer an experience with NO unnecessary fees or requirements. Take a look at what sets us apart:
Bank Loan vs. FactoringBank Loans
Bank Loan
- Difficult application process
- Takes weeks for approval
- Collateral required in the form of fixed assets
- Creates a debt on your company
- Startups usually don't qualify
- Interest paid monthly
- You are responsible for credit, collections, and receivables management
Factoring
- Simple application
- Approval is in 1-2 days
- Your A/R is your collateral
- No debt created
- Startups welcome
- No monthly interest
- All back-end office services handled by Global Funds on your behalf