What is Bill & Hold?

Bill & Hold is when a seller of product or goods bills a Customer for the product but does not ship the product to them until a later date. It can make it more difficult for a factoring company to fund in this situation since the end user has not received and inspected the goods.

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How to Get Your Trucking Business Invoices Paid Faster

How to Get Your Trucking Business Invoices Paid Faster

It's frustrating; you work hard, make tight deadlines and deliver the goods, then you have to wait around to get paid. Meanwhile, expenses mount up…
How to Improve Cash Flow and Enhance Your Trucking Company’s Profitability

How to Improve Cash Flow and Enhance Your Trucking Company’s Profitability

How do trucking companies make money? The basic principle is simple; trucking companies make money by driving loaded miles and charging a higher rate-per-mile than…

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