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Can’t afford to wait 30 to 60 days to get paid by your clients? If you are like most business owners, waiting to be paid can be very challenging. In some cases it can mean lost opportunities. It can mean that you don’t bid for big sales because you know you won’t be able to play the waiting game. At
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What is factoring? Accounts receivable financing, also known as factoring, is a powerful financial tool that has fueled the growth and success of a number of companies. Factoring enables companies to capitalize on their unpaid receivables by selling them to a factoring company for immediate payment. With factoring, companies immediately get paid for their invoiced work from the factoring
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How does it feel to finance your customers for free? With money you've already earned? Being taken advantage of by your clients? Are you angry when 30 days turns into 45? 60? 90? Feel like pounding the desk because of lost opportunities? Or throwing up your hands and quitting? Are your sales people pissed because they have to make collections,
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Trucking companies are one of the most cash hungry businesses in the transportation industry. There are driver expenses, equipment expenses and fuel expenses. However, trucking companies can also be very profitable, if cash flow is managed properly. One of the main challenges that trucking company owners face is that freight bills can take as long as 60 days to get paid.
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Do you own a growing trucking company? Learn if freight bill factoring can help you grow your business. There are few businesses that are as cash flow intensive as a trucking company. The list of ongoing expenses can be endless and can easily overwhelm small and medium size trucking companies. There are fuel expenses, truck
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