All posts in " Tips for choosing the right factoring company "

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. […]