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Category Archives: Blog & News

How To Do a Freight Factoring Buyout

For one reason or another, you’ve had enough of your current invoice factoring company. You may be tired of the increased fees, the monthly rules on how many invoices you must factor with them, or need more services than they …

Keep Money Flowing By Factoring Some of Your Invoices

Gas and diesel prices are slowly coming down. Diesel is down about 14 cents and gas is almost 16 cents lower during the past week (7/25/22). But, other prices keep going up, and that can make it hard when you’re …

How to Switch Freight Factoring Companies

Freight factoring is a convenient way to ensure you have a steady flow of cash coming in. But, you may find that the company you chose isn’t the right fit anymore. While they were great years ago, your trucking business …

Same-Day Payments Prevent Frustration and Keep Your Drivers Happy

Have you stopped to think about what it takes to keep your workers happy? Whether it’s your drivers or your administration staff, there are several reasons your employees are less likely to stick around. Each time a worker leaves, you …

What Are the Pros and Cons to Freight Invoice Factoring?

Freight invoice factoring has been around for a long, long time. It’s not a new service, but it’s one that some trucking companies overlook, especially if they’re new to the business. What if you could pick up or drop off …

Employee Retention: Seven Tips for Hiring and Keeping New Drivers

The U.S. Bureau of Labor Statistics estimates that around 231,000 new tractor-trailer driving jobs open up each year. Delivery truck driving jobs are growing at a rate of about 12%, and around 190,700 new job openings occur each year. The …

Foolproof Ways to Cut Costs and Grow Your Trucking Company

The war in Ukraine, the pandemic, and the difficulty finding workers have impacted so many families and businesses. As a trucking company owner, you’re having a hard time with rising costs impacting how well you can grow your trucking company. …

Freight-Factoring-Advantages

How Do You Choose the Best Freight Factoring Company For Your Needs?

You’re tired of waiting a month, two months, or even three months to get paid for the loads you haul. Your creditors don’t feel bad that you’re not being paid. They want their money now, and they’ll slap you with …

Why Are Diesel Prices Rising So Fast? (And How Do You Budget For It?)

Between May 30th and June 6th, the average per-gallon cost of diesel went from $5.54 to $5.70. It’s an increase of $2.43 per gallon in just a year. A gallon of diesel costs more than $6 a gallon in New …

Does Bad Credit Matter For Freight Factoring?

The pandemic hit many trucking companies pretty hard. You’re among them. You managed to survive the pandemic’s slowdown, but it impacted your credit. You need to build your trucking business to ensure you have steady revenue, but bad credit keeps …

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