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Freight Factoring Services For Large Fleets

What do you know about freight factoring? Many owners of small fleets use freight factoring to grow their fleet. But, what about a larger trucking company? Does freight factoring for large fleets benefit trucking businesses? Across the U.S., haulers from …

Things You Need to Know About Hauling FEMA Loads

Why do many trucking firms haul Federal Emergency Management Agency (FEMA) loads? The thought of delivering items that people need after a massive storm or other emergency is a big part of the appeal. The generous compensation is another. Most …

Is Invoice Factoring and Freight Factoring the Same Thing?

One question we hear often is if invoice factoring and freight factoring are the same things? While they’re similar, they also have key differences. Think about it in this way. A dog and a cat are both animals, but they’re …

Myths About Freight Factoring That Just Aren’t True

Freight factoring involves partnering with a factoring company to sell your invoices for loads you’ve hauled. The factoring firm pays you all or some of the amount due and chases down payment from the shipper or broker for you. It …

Freight Factoring Services for Small Fleets

Too many people think freight factoring is only for companies with large fleets. The truth is freight factoring is ideal for companies with one or two trucks. By getting paid quickly, it makes it easier for your business to grow. …

What’s the Difference Between Recourse and Non-Recourse Freight Factoring?

One of the best ways to keep a steady flow of money is by hiring a freight factoring company. You don’t have to wait around for your shippers or brokers to pay you. A company will pay you all or …

freight broker factoring

Tips For Long Haul Truck Drivers To Stay Awake On The Road

The 2014 Federal Motor Carrier Safety Administration’s Large Truck Crash Causation Study found that 13% of truck drivers were tired when they crashed. Crashes, even if they’re minor, are costly. Loads arrive late, and repairs and property damage are additional …

How Much Do Freight Factoring Companies Charge?

When you own a trucking business, you find yourself running into several issues. First, you have to pay for your trucks, registrations, insurance, fuel, etc. Second, you have your drivers’ wages and benefits. To keep your business running, you need …

Can I Factor My Freight Invoices If I’m a Brand New Company?

As a new trucking company, you have a lot of questions. You want to grow your business, but you’re just starting out. It’s hard to get loans and lines of credit when you have no proven history. This is why …

How Does Freight Factoring Work?

Sometimes, you don’t want to wait to get paid. You’ve delivered a company’s merchandise, but you have to wait a month or two for them to pay your invoices. It would help if you had cash now. Urgency is a …

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