News - Saint John Capital

Freight Factoring for Driver Incentive Advances

Several concerning facts came out with the 2025 release of the American Transportation Research Institute’s “An Analysis of the Operational Costs of Trucking.” Driver benefit costs increased by almost 5%. Driver wages are up by almost 2.5%. Truck and trailer …

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 …

How to Select a Freight Factoring 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 …

Top Financial Metrics for Trucking Businesses 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 …

How Rate Hikes Affect Small Fleet Funding

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 …

How to Scale a 20-Truck Fleet 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 …

Hot Shot Carriers: Freight Factoring for Faster Payments

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 …

Dynamic Discounting in Trucking: Key Benefits

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 …