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 ...

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 ...

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 ...

Equipped with sophisticated back-ends, larger conglomerates are often outcompeting small freight brokers, but Axle Payments wants to change this by empowering over 10,000 freight brokers currently ...

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 ...

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 ...

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

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 ...

Express Freight Finance announced the nationwide launch of its freight-bill factoring services for truck fleets, owner-operators, and freight brokers. March 7, 2016 Express Freight Finance announced ...

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 ...

A trucking financial services company in metro Detroit is seeing rapid growth and anticipates doubling its revenue this year compared with before the COVID-19 pandemic. Livonia-based RoadEx was ...