© 2022 HMD Financial
A PROUD MEMBER OF THE HMD GROUP OF COMPANIES
Receive up to 99% of your money upfront to get your business rolling at 100% speed. No extra fees.
Fast and convenient
freight invoice factoring services
A PROUD MEMBER OF THE HMD GROUP OF COMPANIES
Receive up to 99% of your money upfront to get your business rolling at 100% speed. No extra fees.
Fast and convenient
freight invoice factoring services
Get your business going. Full-bore.
Advocating for the needs of small trucking businesses, HMD Financial offers professional recourse freight invoice factoring services to owner-operators and freight carriers.
How freight invoice factoring works
In the logistics and transportation industry, freight invoice factoring (also known as trucking factoring or freight bill factoring) is a handy financial tool that simply speeds up payment.
Get up to 99% advances
on your invoice totals
with same-day payouts
on your invoice totals
with same-day payouts
Optimize your cash flow
Secure more contracts
without compromising
on current ones
without compromising
on current ones
Accelerate delivery pipeline
It enables you, as an owner-operator or a freight carrier, to sell your invoices or BOLs to a factoring service provider and receive the full amount due less a fixed commission within 24 hours or less.
In exchange for choosing to work with us, you enjoy same-day funding and super-low service fees.
Recourse factoring means that our clients share the risk of potential nonpayment and must buy back any invoices that we are unable to collect payment on.
HMD Financial is a modern, online-based, recourse factoring company created by truckers for truckers.
Use this expedited payment to effectively close cash flow gaps and channel funds into purchasing new equipment or accelerating the delivery of urgent shipments — all without having to wait for weeks or even months to collect from customers or brokers!
WHY CHOOSE HMD FINANCIAL
Our founders started HMD Trucking in 1998. They have over two decades of hands-on experience working in the transportation industry. So we understand the cash flow needs of motivated drivers who strive to grow
a trucking business in a highly competitive market
a trucking business in a highly competitive market
Our ultimate goal is to make freight invoice factoring easy and accessible for every proud owner of a trucking business. To that end, we offer simple and straightforward financing terms with no hidden fees or unexpected penalties to make sure your hard-earned money stays in your pocket.
We understand that time is of the essence for all our clients and offer same-day application review and quick payouts for qualifying applicants.
Our clients are always busy delivering various types of loads throughout the nation. We fully appreciate that and make it easy and hassle-free for truck owner-operators to submit their financing requests anytime, anywhere, via our online client portal or mobile app.
With its founders bringing over 20 years of experience, our group of companies has been extremely successful in working with local and nationwide partners providing various services to drivers and trucking owner-operators.
WHY CHOOSE HMD FINANCIAL
Our founders started HMD Trucking in 1998. They have over two decades of hands-on experience working in the transportation industry. So we understand the cash flow needs of motivated drivers who strive to grow a trucking business in a highly competitive market
Our ultimate goal is to make freight invoice factoring easy and accessible for every proud owner of a trucking business. To that end, we offer simple and straightforward financing terms with no hidden fees or unexpected penalties to make sure your hard-earned money stays in your pocket.
We understand that time is of the essence for all our clients and offer same-day application review and quick payouts for qualifying applicants.
Our clients are always busy delivering various types of loads throughout the nation. We fully appreciate that and make it easy and hassle-free for truck owner-operators to submit their financing requests anytime, anywhere, via our online client portal or mobile app.
With its founders bringing over 20 years of experience, our group of companies has been extremely successful in working with local and nationwide partners providing various services to drivers and trucking owner-operators.
More than two decades of service excellence and steady growth
Founded in March 1998 by Henry Malukas and his wife Daiva, the HMD Group of Companies is one of the leading trucking groups in the Midwest.
Since inception, the HMD Group of Companies has grown its fleet and diversified its service portfolio. With an emphasis on achieving and maintaining high safety ratings and rewarding driver performance and loyalty, its competencies have expanded from over-the-road freight hauling to include flatbed hauling, hazmat transportation, freight brokerage, and, most recently, recourse freight invoice factoring.
modern trucks
500
years of history
24
Get funded today. Let’s talk!
