What is Freight Factoring?

Freight factoring, also known as transport factoring, trucking/truck factoring, and freight bill factoring takes invoices and turns them into cash. Instead of waiting for 30, 60, or 90 days to be paid, freight factoring unlocks money already earned, so you can put the funds to use right away. This allows for working capital, keeping you in business in between payouts.

3 Reasons Why Trucking Companies Use Freight Factoring

3 Reasons Why Trucking Companies Use Freight Factoring

Why do so many trucking and transportation companies include freight factoring as part of their financing toolkit? The business rationale for choosing factoring for trucking…
3½ Ways to Grow Your Trucking Business

3½ Ways to Grow Your Trucking Business

If there’s one thing we know about trucking businesses, it’s that owner-operators and fleet owners are focused on growth. When we talk to trucking business…
20 Easy Ways Trucking Companies Can Increase Profit Margins This Month

20 Easy Ways Trucking Companies Can Increase Profit Margins This Month

You’re a great truck driver. You know how to choose the best routes, are always reliable and deliver on time, every time. But it takes…

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