A big concern for many businesses today is cash flow, and freight brokerage and transportation companies are no exception.
If you’re in the trucking business and don’t like waiting for payment on your freight bills, freight factoring may be a great fit for you to turn unpaid invoices in to immediate cash. You can qualify based on the creditworthiness of your customers which is ideal.
Transportation factoring, also known as trucking factoring or freight bill factoring, is a good fit for freight companies of all sizes looking to either outsource their accounts receivables function. Freight factoring is commonly available throughout both the USA and Canada.