Financing Sales to Big Box Retailers

Becoming a distributor for a large big box retailer – companies such as Walmart,¬†Loblaws, or¬†Rona– can be both a important opportunity and a major challenge at the same time. Most big retailers can place large purchase contracts, which are great for revenues. However, they also negotiate payment terms that enable them to pay your invoices […]

Financing your Imports from China and Asia

Resellers and distributors often have to play a very delicate game of balancing their cash flow. This can even be more challenging if you are buying goods from factories in China, or anywhere in Asia for that matter. On one hand, the Chinese factories will want you to pay for the goods in a secure […]

Financing for Resellers and Distributors

For many resellers, distributors and importers, managing cash flow is a very important but delicate task. Unless you have a long established relationship with your supplier, they will likely ask you to prepay for goods – or pay upon shipment. On the other hand, your commercial clients will often demand to pay your invoices in […]

Purchase Order Financing Benefits

In recent years, purchase order financing has been gaining traction in the marketplace as a funding solution for distributors and resellers that need money to pay their suppliers. It solves a common problem – what to do when you have run out of working capital but still have purchase order to fulfil. This type of […]

Using PO Financing to Fulfill Large Orders

For a small business, getting a large order from a coveted client can provide an important opportunity to grow the company. If you manage the order correctly, your client is very likely to become a repeat customer. And a large order is almost always a stepping stone to even larger orders. However, if you get […]

How to Grow a New Trucking Company

Owning a trucking company can be very profitable, but only if you follow the right growth strategy. This article covers the areas that are most important to successfully growing your trucking company: Select the right industry and equipment Determine per-mile costs and rates Find high-paying loads Manage cash effectively How to finance growth 1. Start […]

Financing for Freight Brokers in Canada

Operating a successful freight brokerage can be financially rewarding. However, freight brokerages are financially demanding. Their primary financial issue stems from the fact that expenses must be paid quickly but revenues flow in slowly. This article discusses how to manage this challenge using financing. We cover: Do you have this cash flow problem? Can you […]

How to Finance Your Trucking Company

Every successful trucking company needs to use financing at some point. Growing companies have to buy equipment, pay employees, and handle multiple expenses. Eventually, the owner will run out of funds and use external financing. This article discusses how trucking company owners can finance their two most significant expenses: equipment purchases and operations. It also […]

What is Freight Bill Factoring?

Freight bill factoring is a form of financing that is commonly used in the transportation industry. It works by allowing carriers and brokers to finance their slow-paying invoices. Transportation companies use this type of financing to improve their cash flow and grow their businesses. In this article, we cover: What is freight bill factoring? How […]

Payroll Financing for Your Staffing Agency

Making payroll is the most important responsibility for a staffing agency owner. It’s also the largest recurring expense and most challenging responsibility for company owners. Unfortunately, staffing companies can experience cash flow shortfalls because they are growing quickly or lack a cash reserve. This article discusses how payroll financing can help staffing companies that need […]