Category Archives: Blog & News
How Does Freight Factoring Work?
Whether you’re an owner-operator or head a large trucking fleet, timely payments help you grow. However, even one late or missing payment threatens to topple the business you’ve built from the ground up. The trucking industry is filled with slim …
Recourse vs. Non-Recourse Freight Factoring
Freight factoring is an important financial tool in the transportation industry. It’s a way to get paid immediately in an industry where it’s common to wait 30, 60, or 90 days after completing a job. It does come with risks, …
What to Look for in a Freight Factoring Service
No matter how large or small your trucking company is, prompt payments are everything. With bills and wages to pay every week or two, a strong cash flow is important. Waiting 30, 60, or even 90 days for clients to …
Transportation Invoice Factoring: How to Find the Right Partner
The transportation industry is known for its ups and downs. Pressures may be caused by increased tariffs, lack of diversification, and clients’ sudden closures or unexpected bankruptcies. After the Chapter 11 bankruptcy of a key player in the industry, a …
Key Financial Metrics Every Trucking Business Owner Should Be Tracking in 2025
Staying afloat in 2025 is a challenge everyone is facing. Threats of tariffs, rising prices on truck repairs and new equipment, high credit card interest rates and loan APRs, and increasing minimum wage rates in many states all impact your …
Understanding the Impact of Interest Rate Hikes on Small Fleet Financing Options
When trucking company owners require on their small fleet of vehicles for deliveries and freight transportation, maintenance and growth are essential. Your business needs to keep up with your clients’ demands, but you cannot risk financial ruin due to growth …
Scaling to 20 Trucks: Funding Models That Support Fleet Growth Without Debt
One of the greatest feelings in the world is when your business is thriving. You have a few trucks, and your client base is strong. Referrals are pouring in. You’re ready to grow, and you want to get up to …
Factoring for Hot Shot Carriers: Getting Paid Faster on Freight Loads
Hot shot trucking involves getting loads to their destination as quickly as possible. These are urgent loads, and there’s no time to waste. You’ve done your part and got the items to the destination earlier than expected. That’s great, but …
How Dynamic Discounting Can Benefit Trucking Businesses
Trucking company owners operate on tight margins. There are only so many hours in a day, and you have to be competitive. You can’t take on more work if you’re already on the road for the maximum number of hours …
How to Avoid Invoice Factoring Scams
Trucking companies need a strong, steady cash flow to stay ahead. It’s the key to being competitive, but it’s also difficult when the brokers and shippers you work with take a month or two to pay invoices. Freight factoring is …