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

What a mess: Triumph details problems with big factoring client acquired from Covenant - FreightWaves

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