What is Accounts Receivable Factoring?

Also known as A/R factoring, factoring or general factoring. Factoring designed specifically for trucking companies is referred to as freight factoring.

  • Accounts Receivable (A/R)

    Accounts Receivable are monies owed to a company by their customers (another business, a government entity or individual) for goods or services sold on terms. Accounts receivable are a Current Asset on a company’s Balance Sheet. In most businesses, the…

  • Accounts Receivable Financing

    Accounts Receivable Financing is when a company turns its A/R (accounts receivable) into ready cash versus waiting 30, 45 or even 90 days for their monies. Banks and Asset Based Lending (ABL) finance companies offer this short-term business funding based…

  • Accounts Receivable Verification

    Accounts Receivable Verification is part of the due diligence process of A/R Factoring. The factoring company will verify the accounts receivable of their client’s customer (the Account Debtor). The factor is verifying that the Account Debtor is happy with the…

Five Tips for Following Up on Accounts Receivable

It can be one of the greatest frustrations of owning your own trucking comp...
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The Advantages of "One Stop” Purchase Order and Accounts Receivable Financing

Most commercial financial transactions follow a well-established process A ...
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