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 ...

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 ...

Factoring services refer to collecting receivables and maintaining sales ledgers, credit control, and credit protection. Factoring services offer comprehensive solutions to businesses to manage their ...

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 ...

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 ...

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 ...

BIRMINGHAM, Ala., May 14, 2021 /PRNewswire/ -- Freight factoring company, Porter Freight Funding, has announced a partnership with America's leading provider of transportation compliance and operating ...

Love’s Travel Stops has made its single biggest acquisition in the factoring business by scooping up three companies in a deal that closed Friday. In an email to FreightWaves, Neely Campbell Thomas, ...

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 ...