Factoring Reserves
Today we’re going to be taking a look at factoring reserves, what they are, the types of reserves, how they work and how you can better…
The Importance of Safety Scores
On our last blog post we discussed the freight rate cycle, and how we can currently “guesstimate” that…
The Freight Rates Cycle
The prevailing level of freight rates is the single most determinant factor for a trucking company’s …
Fuel Card Discounts
Fuel card programs are a great way to save money and improve your bottom line, and we all know that in trucking every cent counts, that’s why…
Getting Brokers Approved for Factoring
Most factoring companies will require that a new customer, which in the case of transportation companies are usually brokers or…
The Recourse / Non-Recourse Dilemma
There is plenty of confusion surrounding the issue of recourse vs non-recourse factoring. Most factoring facilities are provided on…
Factoring Payment Methods
Factoring companies will usually offer a selection of different payment methods, so that you (the client), can request any one of them depending…
What is Factoring?
Factoring is a form of financing where the lender, in this case the factoring company purchases your open invoices at a small discount and then…