There are many factors that contribute to the factoring rate a company offers you. One of the most significant benefits of factoring for many carriers is that they consider the creditworthiness of ...

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 ...

If you’re a client of factoring service OTR Capital, there’s a going to be a new avenue toward the freight universe available from brokers participating in Trucker Tools‘ load matching engines. The ...

In comparison to last year, 38% of factoring customers plan to factor more loads, underscoring a growing reliance on factoring to maintain cash flow. The survey also highlighted that speed of payment ...

In the United States, much of commerce relies on moving goods to market on trucks. The way it works is a manufacturer calls a shipping broker with instructions like “I need to get a load of beer to ...

Triumph Financial’s earnings had numerous points that showed a strengthening freight market. The post Positive signals from ...

United States, 8th Aug 2024 - In the trucking industry, one of the biggest challenges is managing cash flow. Late customer payments can put a lot of strain on finances, making it hard for businesses ...

Many companies have to deal with cash flow problems at various points in their history of operations. The truth is that it was quite tricky to manage cash flow in the past. Companies could not find ...

Covenant Logistics Group, Inc. is selling its factoring business for $132.2 million to help cut the overall debt for the Chattanooga-based trucking giant. The deal announced Wednesday is expected to ...

Explore Texas factoring solutions with Catamount Funding's Houston freight factoring and small business factoring Houston services to enhance cash flow. HOUSTON, TX ...

Love's Financial (Love's), a member of the Love's Family of Companies, has acquired two freight factoring companies: Vero Business Capital of Memphis, Tenn., and Foley Business Capital of Omaha, Neb. ...

A freight brokerage’s success hinges on its relationships, which increasingly involve vast amounts of data. Sensitive data — often financial — constantly flows between shippers and carriers, and ...