Posts filed under: Freight Factoring

As we get ready for spring, plans are being made for major construction projects throughout the United States. Carriers and owner-operators alike are being contracted to move building materials and heavy equipment to construction sites so workers can take on...
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We are still in the middle of winter, which means oil and gas distributors are supplying gas stations, private individuals, and more with the fuel necessary to keep vehicles moving and houses warm. However, staggered payment schedules may mean that...
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Smaller trucking companies have received a lot of attention from industry news outlets over the past few years. During the high-demand period of 2018, smaller trucking companies helped to offset the burden larger carriers were experiencing from shippers calling for...
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Independent owner-operators are looking for ways to improve cash flow. With the recent ruling in California, and the nebulous state of New Jersey’s “gig economy” legislation, it is of the utmost importance that owner-operators maintain a healthy cash flow to...
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This year, many trucking companies are trying to position themselves for growth or simply improve cash flow. Unfortunately, both goals are very challenging when trucking companies are waiting on payments for receivables issued in 2019. Outstanding Receivables Because of staggered...
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In simplest terms, locked capital is used to categorize money that is either inaccessible, or funds that are allocated for other uses. For example, trucking fleets with existing loans have a portion of revenue locked to make monthly payments on...
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The holiday season always brings a spike in retail commerce. Despite doom and gloom projections this year, the trucking industry is also experiencing growth, and the spike is once again coming from e-commerce. Shopping and Growth While the economic outlook...
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Debt seems like a necessary evil in the trucking industry. Trucking companies take out loans to purchase equipment, expand facilities, and even use short-term loans to overcome cash flow issues. One New Year’s resolution trucking companies should make is to...
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An uptick in consumer confidence bodes well for the fourth-quarter of 2019, and fleet owners can position themselves for growth in 2020. However, having access to working capital is going to be of the utmost importance, so maximizing cash flow...
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Staggered payments have been baked into the trucking industry since its inception. Staggered payments are a common business practice, and a courtesy extended to clients who need freight services. However, how things look on paper and how they work in...
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