Monthly Archives: May 2024
Picking the Top Freight Factoring Company: Tips For a Seamless Partnership
One of the easiest ways for trucking companies to keep a constant cash flow is through a freight factoring partnership. Freight factoring is a financial service where you sell your bills of lading at a discount to a financial partner. … Continue reading
Trucking Tips: How to Get Paid Faster for Freight Deliveries
One of the biggest hassles in the trucking industry are slow payment cycles. When you’re driving loads for a broker or shipper, you need to keep up with fuel bills, truck maintenance, driver wages, and your office rent or building … Continue reading
Invoice Factoring vs. Freight Factoring: What’s the Difference?
Any business needs a strong cash flow to survive and thrive. But, it’s hard when clients pay invoices late. If you’re sending invoices the first week of the month and not getting paid for 60 or 90 days, it’s tough … Continue reading
How Does Freight Factoring Work? Insights From the Industry’s Factoring Leader
The global economy relies heavily on the movement of freight from manufacturers to warehouses, warehouses to trailers or shipping containers, and then to the stores or packaging companies that sell and ship merchandise to consumers. Without trucking companies, the world’s … Continue reading