Demo

Factoring Account Executive

Truckstop
Chicago, IL Full Time
POSTED ON 3/26/2025
AVAILABLE BEFORE 4/24/2025
At Truckstop, we have transformed the entire freight-moving lifecycle with our SaaS solutions.  From freight matching to payments and everything in between, we are the trusted partner for carriers, brokers, and shippers alike. We lead this industry forward with our One Team mindset committing to principles such as assume positive intent, have each other's back, and be your authentic self.  Our drive for greatness produces high expectations, yet our regard for humans is even higher. Join a team of brilliant minds and generous hearts who care deeply about other's success.  

Position Summary:

As a Factoring Account Executive, you will consult with motor carriers to help them secure the money needed to grow their business. During each call, you will ask questions to learn about their current business situation, evaluate their goals and determine whether Factoring could improve their cash flow. Different from a loan, factoring is a form of financing in which we buy the carrier's payable invoices and pay them for their work before their customers cut them to check. We then buy the invoice and collect on its full value.

Essential Job Functions:

  • Contact assigned prospective businesses daily via phone, email, trade shows
  • Consult with prospects to determine your financial needs, provide expert guidance and pitch Truckstop.com Factoring services accordingly
  • Maintain lead / prospect sales records in the CRM database
  • Identify new sources of prospects - prepare action plans and schedules to reach specific geographical regions, industries of prospective clients
  • Development a group of reliable referral sources
  • Assess prospective clients' Accounts Receivable & Aging information to determine relevant factoring options for their business
  • Work with multiple internal departments to create relevant financial services proposals and contracts for prospective clients
  • Work as a team in follow up on your customers' services and provide new service opportunities as needed
  • Work as a sales leader to refine sales tactics to meet / exceed monthly / quarterly / annual benchmark quota goals
  • Protect company and customer information in accordance with company policies and procedures

Position Requirements:

  • High school diploma or equivalent
  • Customer service experience preferred
  • Sales experience preferred - including persuasiveness, communication, energy, undeterred by rejection
  • Experience with transportation, factoring, financing, or banking preferred
  • Email, MS Office (Word & Excel) CRM database skills required

OTC for this role is $99,840

At Truckstop we are dedicated to creating a workplace that is equitable, inclusive, and inspiring for every employee. In an effort to provide greater transparency, we are sharing the base salary range for this position. The position is also eligible for commission based on meeting monthly targets. Final salary is based on a number of factors including market location, job-related knowledge, education/training, certifications, key skills, experience, internal peer equity as well as business considerations.

The anticipated base pay range for this position is:

$22—$24 USD

The above description covers the most significant duties performed but does not include other related occasional work that may be assigned or is completed by the employee. 

Truckstop provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. 

Truckstop participates in the E-Verify program. Learn more about the E-Verify program here: https://www.e-verify.gov/

Truckstop Privacy Policy

Salary : $99,840

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a Factoring Account Executive?

Sign up to receive alerts about other jobs on the Factoring Account Executive career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$103,275 - $152,386
Income Estimation: 
$133,333 - $194,768
Income Estimation: 
$41,687 - $52,851
Income Estimation: 
$49,453 - $59,725
Income Estimation: 
$78,252 - $113,319
Income Estimation: 
$168,296 - $226,155
Income Estimation: 
$103,275 - $152,386
Income Estimation: 
$55,240 - $79,001
Income Estimation: 
$104,545 - $161,038
Income Estimation: 
$103,275 - $152,386
Income Estimation: 
$133,333 - $194,768
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at Truckstop

Truckstop
Hired Organization Address San Francisco, CA Full Time
Job Description Job Description At Truckstop, we have transformed the entire freight-moving lifecycle with our SaaS solu...
Truckstop
Hired Organization Address San Francisco, CA Full Time
Job Description Job Description At Truckstop, we have transformed the entire freight-moving lifecycle with our SaaS solu...
Truckstop
Hired Organization Address Chicago, IL Full Time
Job Description Job Description At Truckstop, we have transformed the entire freight-moving lifecycle with our SaaS solu...
Truckstop
Hired Organization Address San Francisco, CA Full Time
Job Description Job Description At Truckstop, we have transformed the entire freight-moving lifecycle with our SaaS solu...

Not the job you're looking for? Here are some other Factoring Account Executive jobs in the Chicago, IL area that may be a better fit.

Account Executive

Executive Alliance, Village, IL

Key Account Manager

AMK Executive Search, Chicago, IL

AI Assistant is available now!

Feel free to start your new journey!