[Stay on top of transportation news: Get TTNews in your inbox.] Freight factoring is on the upswing this year as traditional banks apply stringent lending standards and truckers who are most likely to ...
Extended payment terms are squeezing carrier cash flow. Here are some practical ways fleets can stay liquid without disrupting daily operations.
Experienced credit executive joins Porter Freight Funding to strengthen risk strategy and support long-term customer ...
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 ...
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 ...
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 ...
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 ...
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 ...
Explore Texas factoring solutions with Catamount Funding's Houston freight factoring and small business factoring Houston services to enhance cash flow. HOUSTON, TX, UNITED STATES, November 18, 2024 ...