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Freight Factoring Steers Your Business In The Right Direction

By Mark Holland / a couple of years ago

If you are a trucking company owner, you’ve likely heard of the term freight factoring. This is a mainstream financial tactic used by trucking businesses to secure cash advance funding on outstanding invoices. Essentially, your business sells an unpaid invoice at a discount in exchange for a lump sum payment upfront from a factoring company. […]