Invoice factoring is a financial solution that allows businesses to sell outstanding invoices to a factoring company for immediate payment rather than waiting for their customers to pay those invoices ...

United States, 8th Aug 2024 - In the trucking industry, one of the biggest challenges is managing cash flow. Late customer payments can put a lot of strain on finances, making it hard for businesses ...

There are many factors that contribute to the factoring rate a company offers you. One of the most significant benefits of factoring for many carriers is that they consider the creditworthiness of ...

A challenging operating environment for trucking and logistics companies has inspired the launch of Transcap, the newest business venture of Pepper Pike family office AdCap Management. Led by AdCap ...

Freight factoring has become a significant financial tool for businesses, yet opinions on its efficacy vary widely. Known as accounts receivable (A/R) financing, factoring involves trading invoices ...

DAT Freight & Analytics is partnering with OTR Capital to expand factoring services available to freight brokers and carriers through DAT’s load board network. OTR Capital provides fast, reliable ...

Triumph Bancorp has developed a payments platform that will change how payments and invoices are handled in the trucking industry. The platform will better connect carriers, shippers, factoring ...

A trucking financial services company in metro Detroit is seeing rapid growth and anticipates doubling its revenue this year compared with before the COVID-19 pandemic. Livonia-based RoadEx was ...

The trucking industry is very fragmented, with lots of players. Trucking Invoicing and payments have been slowed by manual processes. This company believes it has created a more efficient and ...

It’s important to create a separate bank account that will be used to manage the income and expenses of your business. All income from your trucking business should be deposited there. In addition, ...

GeekWire chronicles the Pacific Northwest startup scene. Sign up for our weekly startup newsletter, and check out the GeekWire funding tracker and VC directory. by Taylor Soper on Sep 24, 2024 at 6:00 ...