The two most important considerations when looking into a new factoring agreement are your freight factoring rate and advance rate. We’ll focus on the factoring rate in this article. When......
Express Freight Finance offers freight factoring to help truck drivers and trucking companies that factor freight to get paid faster. Instant Pay makes it even faster. Introducing Instant Pay Instant......
Freight Factoring is More Affordable Than You Think.
In business, the big picture matters the most. Trucking requires operating capital. Freight factoring makes sure carriers have it.
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If you own or manage a freight company, you may be looking to expand your service area and customer base. At the very least, you need a steady business income......
For truckers, average freight factoring fees range from 1% to 5% of the complete load payment. There are a number of hidden costs in the company’s contract and knowing about......
Understanding How Freight Factoring Rates are Figured, Plus a Top-Down View of Common Fees Freight factoring can be a game changer for trucking companies, helping them keep their cash flow......
Load boards help the trucking industry keep running, but what are load boards exactly? A load board is an online marketplace where shippers, freight brokers, and carriers can post and......
Trucking is the lifeblood of the American economy, accounting for more than 72.5% of the freight transportation across the country. With more than 3.3 million drivers, and 7.6 million people......
When you ask small business owners what’s important to them, most will tell you: cash flow, coming up with ways to reduce business expenses, and more efficient ways to operate......