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In 2020, factoring company ECapital released more than $4 billion in capital and anticipates providing an additional $5 billion in 2021.
OTR Solutions has introduced OTR Clutch, a banking application designed for carriers in the United States.
According to Allied Market Research, the 2021 global freight trucking market was worth over $2.7 trillion.
As part of the company’s progress toward diversifying suppliers for its retail stores, Dick’s Sporting Goods announced that they have partnered with capital platform C2FO.
The corporate supply chain finance market grew globally to a whopping $1.8 trillion in 2021 - a 38% increase from 2020.
There are an array of elements that connect together in order for a factoring company to determine the rate they offer you.
Factoring is a viable option for owner-operators in order to focus on driving, and less on collecting.
The rates are usually stated in the fine print, but it’s important that your company is aware of them.
In 2020, factoring company ECapital released more than $4 billion in capital and anticipates providing an additional $5 billion in 2021.
A California-based freight forwarder, Boateng Logistics, has filed for bankruptcy liquidation, leaving trucking, logistics, and factoring companies owed millions.