A Factoring Line of Credit is a flexible financing arrangement that combines elements of both traditional factoring and a revolving line of credit. It allows businesses to access funds based…
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A Private Carrier refers to a transportation entity that exclusively transports goods for its own company or parent organization rather than offering services to the public or other businesses. Private…
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Prepaid Freight is a term used in shipping and logistics to indicate that the cost of transporting goods has been paid by the shipper (the seller or sender) before the…
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Equity Financing is a method of raising capital by selling ownership stakes in a company to investors. In exchange for their investment, these investors receive shares of the company's stock,…
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Inventory financing is a type of asset-based lending that allows businesses to use their inventory as collateral to secure a loan or line of credit. This financial solution is designed…
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The Debt Service Coverage Ratio (DSCR) is a financial metric used to assess a company's ability to meet its debt obligations, including interest and principal payments, from its operating income.…
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An Owner/Operator is an individual who owns and operates their own business or equipment, particularly in industries such as trucking, transportation, and franchising. The term is most commonly associated with…
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