The severe down-cycle in freight has decreased per-mile rates for carriers, and increased competition for work. At the same time, the elevated interest rate environment has led to higher factoring ...

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 ...

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 ...

Trucking companies, whether small startups or large fleets, face unique financial challenges. Cash flow gaps, delayed payments, and rising operational costs can strain even the most successful ...

Invoice factoring is a financial solution that allows businesses to sell outstanding invoices to a factoring company for immediate payment rather than waiting for their customers to pay those invoices ...