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 a factoring company provides you with a rate, they consider...

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 Pay is a new service offered by Express Freight Finance...

CoreFund closed their doors. Express Freight Finance is here to help all carriers impacted by the CoreFund shutdown. Carriers have options. ...

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. ...

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 to keep your business alive and well. However, running your...

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 them ahead of time can spare you the difficulty and...

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 moving and offering a wealth of other benefits. While freight...

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 find loads. Different load boards have different features and formats,...

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 employed directly or indirectly by the trucking industry, it plays...

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 their business. Running a trucking business is no different. Cash...