Toll Free: 1 (800) 207-7661 | Fax: (405) 528-4493 3909 N. Classen Blvd. | Oklahoma City, OK 73118
Motor Carrier Safety Ratings
Motor Carrier Safety Ratings
Companies that operate motor vehicles across interstate lines are subject to periodic safety reviews by the federal government. The agency in charge of these reviews is the Federal Motor Carrier Safety Administration (FMCSA). Because financial security is one of the factors that the FMCSA takes into consideration when assigning safety ratings to trucking companies, truck factoring can play a crucial, if indirect, role in your company's safety review.
A truck factoring specialist can tell you more about using factoring to strengthen your business. Contact the friendly staff of TBS Factoring Service, LLC, at 1-800-207-7661 today to discuss your company's financial needs.
FMCSA Ratings
There are many reasons why the FMCSA may choose to conduct a safety audit of a trucking company. The company may request the safety review in order to increase its safety rating, or a citizen may file a complaint about potential safety problems, such as hours of service violations.
FMCSA safety reviews result in one of three ratings. The three potential ratings are:
- Satisfactory
- Conditional
- Unsatisfactory
In order to receive a satisfactory rating from the FMCSA, trucking companies must meet minimum federal guidelines in many aspects of their business, including their financial stability. If your company's cash flow is not all that it could be, you may wish to contact a truck factoring service.
Contact Us
Factoring plays an important role in keeping small and large trucking companies on firm financial footing. To begin taking advantage of this valuable service, contact the freight factoring experts of TBS Factoring Service, LLC, at 1-800-207-7661.
