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Archivo del autor: tbs_factoring
Factoring vs. Quick Pay: Which Actually Saves Owner-Operators More Money?
Consistent cash flow is crucial for owner-operators and small trucking businesses because it’s a lifeline. Keeping cash coming in makes their business profitable and allows them to reinvest it where it’s needed. One major challenge for truckers with cash flow … Seguir leyendo
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How Factoring Helps Truckers Keep Cash Flow Steady During the Christmas Freight Rush
The holiday season is an exciting time for everyone, but it’s also one of the busiest times of the year for freight due to increased ordering. As a result, we see increased loads, tighter schedules, higher maintenance, and higher fuel … Seguir leyendo
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Building Credit as an Independent Trucker Through Factoring History
Independent truckers face a variety of financial challenges when trying to build or strengthen credit, including the fact that many lenders often view independent operators as a higher risk. Building credit is crucial for everyone, especially independent truckers looking to … Seguir leyendo
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Why Freight Factoring Beats Business Loans for Independent Truckers
Independent trucking operators have to face financial realities that don’t exactly make business easy for them. One example is the 30 to 60-day payment wait, which can be hard on the business and set back its overall scalability. Freight factoring … Seguir leyendo
Publicado en Blog Comentarios desactivados en Why Freight Factoring Beats Business Loans for Independent Truckers
Factoring vs. Merchant Cash Advance: Which Is Safer for Trucking Businesses?
If you operate a trucking company, then you are familiar with the many challenges associated with its finances, such as delayed payments or inconsistent cash flow. With that said, there are options to solve these problems, such as a merchant … Seguir leyendo
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How FMCSA’s New Hours of Service Requirements Could Impact Your Trucking Business
The FMCSA, or the Federal Motor Carrier Safety Administration, plays a huge role in regulating trucking operations. It helps to develop and reinforce regulations, educates the public, and promotes safety throughout the trucking industry. Specifically, when we look at hours … Seguir leyendo
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How Freight Factoring Can Shield You from the Impacts of the De Minimis Change
De minimis is something that has been used and talked about throughout freight and trade for years now, but there is a change that’s coming which could affect all operations. De minimis is referred to as a threshold for shipments … Seguir leyendo
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What You Need to Know About Factoring During a Payment Dispute
Freight Factoring is a great option for trucking companies that are looking for a better way to get their money fast, without the need to wait for invoices to be paid. Typically, it includes selling the invoice to the factoring … Seguir leyendo
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Understanding Fuel Card Security Features: Protecting Your Business from Fraud
Fuel costs are one of the biggest expenses when it comes to fleet management, which makes it one of the first places that you might want to cut down on or manage spending. Many fleet lines do this by using … Seguir leyendo
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Accounts Receivable Factoring vs. Invoice Financing: What’s the Difference?
As a fleet operator, you likely face a range of financial and cash flow challenges. Typically, there are two main options to help manage these issues: accounts receivable factoring or invoice financing. The big question is: which option is best … Seguir leyendo
Publicado en Blog Comentarios desactivados en Accounts Receivable Factoring vs. Invoice Financing: What’s the Difference?