Trucking companies often run into funding problems that limit their growth. The problem isn't the business; it's the nature of the business. There is a major disconnect between services rendered and payment for those services. It can take up to 90 days to get paid for services you provided upfront.
We get it. You need your funds now. You need to keep your business
Topics: How to Grow Your Business, Freight Factoring for Trucking Companies, Freight Factoring for Trucking, Invoice factoring
Companies of all sizes struggle with cash flow issues.
These challenges usually arise between the time your product or service is delivered to your customer…and when that customer eventually pays you. That can take up to 30-, 60-, or 90 days.
Without enough cash on hand, you may lose opportunities to respond to changes in the marketplace. Or grow your business. If the money comes in “waves,” you might even find it difficult to make payroll from time-to-time.
Topics: Cash Flow, Business Growth, Cash Advance, Invoice factoring, FAQ
As the year draws to a close and plans for the upcoming year begin, many business owners and managers examine their finances and look for opportunities to improve their processes. Having adequate cash flow is arguably the most important component of business management. There are some techniques to help your business cash management that will not involve getting a loan.
Topics: Factoring Companies, Business Growth, Cash Advance, Invoice factoring
Running a business can be an adventure. Every week it’s something different – a new problem or a big success. However, there’s one thing that most business owners would happily give up: cash flow issues caused by slow-paying clients. For that reason, many business owners turn to invoice factoring.
Topics: Cash Flow Solution, Cash Flow, Invoice factoring
Are you looking for creative financing for your small business without having to take out a loan? Have you considered invoice factoring?
Topics: Alternative Financing, Invoice factoring
How well are you managing your distribution process, and what about finances?
Topics: Distribution Financing, Invoice factoring, Manufacturing financing
So you want to use invoice factoring to finance your business but are concerned about letting your customers know? Customer relationships are extremely important. The main concern is that if you are not handling your own accounts receivable, there is a chance that things could go wrong, and your customers will be unhappy.
Topics: Cash Flow Solution, Invoice factoring
