Which Industries Use Invoice Factoring?

Posted by Gil Oliva on Thu, May 11, 2017 @ 09:01 AM

Invoice factoring can save the day when a company with outstanding accounts receivable needs cash flow to grow the business. Many industries commonly use invoice factoring to make prompt payments or commit to new projects before clients have paid outstanding invoices. Read more to find out which industries utilize invoice factoring for business growth.

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Topics: Alternative Financing, Business Finance Solutions, Business Growth, Trucking Industry, Manufacturing and Distribution Financing, Wholesale financing

Freight Factoring 101

Posted by Gil Oliva on Mon, Oct 26, 2015 @ 12:34 PM

If you are a fleet trucking company or owner/operator, you may be very familiar with having to find creative ways to manage your cashflow while waiting for your customers to pay their invoices. You could be waiting for 30, 60…even 90 days for your customers to pay. Meanwhile, you have bills and/or employees to pay. Because of this float time, you may find yourself overextended and having to rely on credit cards or facilities from the bank to keep your operation afloat. However, there is another option to consider.

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Topics: Cash Flow, Cash Advance, factoring freight, Freight Factoring for Trucking, Trucking Industry

Trucking Topics – How Healthy is the Trucking Industry in 2015?

Posted by Gil Oliva on Wed, Aug 19, 2015 @ 08:00 AM

According to the Bureau of Labor Statistics (BLS), 2015 has seen the transport sector grow at a steady pace. How much of this growth is reflected in the trucking sector? 

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Topics: Cash Flow, Trucking Industry

How can Mobile Apps Help my Trucking Business?

Posted by Aaron Zahedani on Wed, Jun 17, 2015 @ 08:00 AM

We tend to rely upon our smartphones for information, turning to them in a second to look up events, read the news and communicate with each other. Trucking companies want to manage productivity, while also helping their drivers on the road. There are many useful apps for both fleet operators and their drivers. 

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Topics: Cash for Copies Program for Trucking, Trucking Industry

Thank a Trucker!

Posted by Jesus McDonald on Fri, Jun 05, 2015 @ 08:00 AM

It’s time to think about those behind the scenes players who help to make life’s memorable moments possible. We are talking about the American Trucker! Our fun and informative infographic illustrates how Truckers are the busy behind the scenes men and women who deliver the goods. Here is a glimpse at some of the information you will discover. 

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Topics: Trucking Industry, Truckers

Three Trucking Industry Issues

Posted by Gil Oliva on Wed, May 20, 2015 @ 08:00 AM

The trucking industry is in pretty good shape when it comes to fuel costs and demand for freight carriers, but in the ever-changing economic landscape, what are some of the major concerns facing trucking companies?  

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Topics: Freight Factoring for Trucking Companies, Trucking Industry

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