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 ...

Invoice factoring lets you get cash for unpaid invoices in exchange for a percentage of the invoiced amount. Factoring can either be recourse, where you'll owe the full invoice amount if your customer ...

DELRAY BEACH, FL / ACCESSWIRE / January 16, 2024 / Business owners who benefit from using invoice factoring often face important decisions when starting a factoring relationship. While many businesses ...

In June 2020, TBS Factoring and OTR Capital formed a joint partnership to help truck drivers during the pandemic. Through a program called Pandemic Protection Program, the finance firms offered a ...

Fleet managers who haven’t given much thought lately to freight factoring may be missing out on new ways that have emerged to leverage this financial instrument to boost operational efficiency. Mike ...

AUSTIN, Texas, Aug. 1, 2024 /PRNewswire/ -- 1st Commercial Credit, LLC, in collaboration with its affiliate Nationwide Commercial Credit, Inc. (NCC), is proud to introduce a specialized Freight Broker ...

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 ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J. Brock is a CFA and CPA with more than 20 years of experience in various areas ...

Carla Tardi is a technical editor and digital content producer with 25+ years of experience at top-tier investment banks and money-management firms. Thomas J Catalano is a CFP and Registered ...