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Posts tagged with: Freight Factoring

Regardless of the state of the freight market, choosing the right freight factoring company is a critical decision for small trucking companies. Oftentimes for small carriers, the difference between profit and loss is seemingly small decisions like which freight factoring...
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In a volatile freight market, steady cash flow can make or break a trucking operation. That’s likely why freight factoring is surging in popularity. When trucking companies factor their invoices, the factoring company pays the invoice, essentially extending credit to...
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Cash flow management, or the management of money coming in, in the form of income and going out in the form of expenses is critical for trucking companies. Here, we’ll explore the reasons cash flow management is so important and...
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Loans are often a necessary part of doing business in any industry, and there are plenty of types of credit that companies can lean into including the most obvious traditional loans. In the freight industry, there’s an additional finance option...
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Freight factoring can be a powerful tool for small trucking businesses, but how exactly does it help them grow? Read on to learn how factoring can help small trucking companies thrive and grow. How Can Freight Factoring Help Small Trucking...
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It’s a lot of work to run any small business, and small trucking companies are no exception. Effectively running a company in the freight industry is nuanced. Outsourcing certain tasks can help free up time and energy for growth, adding...
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For trucking companies, the right vendor partnerships can make all the difference. The right vendors can provide crucial services and support that can improve both productivity and profitability while streamlining processes and reducing some of the stress that comes with...
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Everybody likes to get paid, and for trucking businesses, ensuring payments occur on time and in full is the key to maintaining cash flow that allows the business to keep running smoothly. Finding the right payment solution for your company’s...
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Switching freight factoring companies may seem like a daunting task, but benefits like lower costs or an improved level of service can make it worth the time and effort. By planning carefully and paying attention to the details, the process...
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What is Digital Freight Matching? Digital freight matching (DFM) apps use load,  carrier data, and algorithms to match carriers to freight that fits their needs, helping shippers and brokers get their loads covered by qualified carriers and carriers find the...
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