Freight Factoring

Summary: Most trucking companies encounter cash flow problems at one point or another. This happens because managing a trucking company’s cash flow is challenging. Cash flow problems occur because most expenses are immediate while revenues are delayed by 30 to 60 days. This situation creates a gap in your cash flow that affects your ability […]

Summary: Managing a growing freight carrier is difficult, especially while growing a fleet and adding drivers. While business growth is beneficial, it can also create cash flow problems. This article discusses how fast-growing carriers can use factoring to improve cash flow. You will be able to determine if it is the right solution to help […]