Fleet managers who haven’t given much thought lately to freight factoring may be missing out on new ways that have emerged to leverage this financial instrument to boost operational efficiency. Mike ...
Freight factoring is on the upswing this year as traditional banks apply stringent lending standards and truckers who are most likely to sell invoices benefit from a robust spot market, industry ...
For many trucking companies, cash flow is the lifeblood that keeps wheels turning. While hauling freight is the core of the business, carriers often face a frustrating reality: waiting weeks, or even ...
Love’s Travel Stops has made its single biggest acquisition in the factoring business by scooping up three companies in a ...
It helps boost cash flow, but carriers need to do their homework before fully jumping into a freight factoring arrangement. Many trucking companies – especially small to medium-sized carriers – use ...
Cash flow can make or break a trucking business. Freight factoring has emerged as a financial lifeline for carriers of all sizes, offering a way to turn invoices into immediate working capital. By ...
Freight factoring has become a significant financial tool for businesses, yet opinions on its efficacy vary widely. Known as accounts receivable (A/R) financing, factoring involves trading invoices ...
If you’re a client of factoring service OTR Capital, there’s a going to be a new avenue toward the freight universe available from brokers participating in Trucker Tools‘ load matching engines. The ...
There are many factors that contribute to the factoring rate a company offers you. One of the most significant benefits of factoring for many carriers is that they consider the creditworthiness of ...
Small trucking firms often engage in factoring to ensure they have the cash needed to run their business. LoadPay is offering ...