Factoring
Factoring is an easy way to manage cash flow for your trucking company. Factoring companies buy invoices for freight that you’ve already delivered, so it’s money that is advanced on accounts receivable. Freight factoring keeps the cash flowing so you can keep hauling.
Factoring is an easy way to manage cash flow for your trucking company. Factoring companies buy invoices for freight that you've already delivered, so it's money that is advanced on accounts receivable. Freight factoring keeps the cash flowing so you can keep hauling. Here are some helpful links:
January 22, 2021
January 20, 2021
Pilot, RTS Financial Launch Factoring Partnership - Fleet Management - Trucking Info
October 20, 2020
Benefits of factoring during a pandemic | FleetOwner.com
October 19, 2020
Average size of factored invoice rises at Triumph Bancorp | FreightWaves.com
August 13, 2020
Startup aims to democratize freight broker financing | FreightWaves.com
Assorted Articles -
Factoring: What is it and how does it work | fitsmallbusiness.com
Tech speeds up and lowers cost on Factoring | ccjdigital.com
How transportation uses invoice factoring | allbusiness.com