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Posts filed under: Freight Factoring

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......
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CoreFund closed their doors. Express Freight Finance is here to help all carriers impacted by the CoreFund shutdown. Carriers have options. ...
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You know, there is a certain point everyone hits in their business where you consider a business or service partner. But there are a lot of considerations to take in......
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The trucking industry is starting to gain a firm foothold in the economy, despite the challenges posed by pandemic restrictions, high unemployment in other sectors, and new legislation. For trucking......
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In the trucking industry, cash flow deficits can be a recurring issue. While short-term loans might seem like a viable solution, the reality is they can cause larger problems further......
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Since the trucking industry is leading economic averages across almost every industry, the need for working capital is of the utmost importance to maintain momentum so the economy can get......
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If 2020 were a magic eight-ball, the results right now would be “outlook uncertain.” The economy is reopening in spurts, but spikes in COVID-19 infections are also preventing other areas......
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Cash flow has become the main focus for trucking fleets of every size. Especially now, when trucking companies need to maximize their access to working capital, speeding up cash flow......
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While essential supply chains are the domain on Class-8 vehicles, trucking companies are realizing the need for medium-duty vehicles to stay competitive and relevant. While medium-duty vehicles may not have......
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The Outbound Volume Index is currently 25% above average, which means there is currently high demand for products, resulting in increased revenue for the trucking industry. Some analysts believe that......
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