Cash flow is a challenge for small businesses, especially for those that have to carry large inventories. Inventory keeps your business running but it locks up capital. If you need
No one said that starting a business would be easy, but most trucking business owners will tell you that it’s worth it. But to be successful, you have to be
Whether you’re starting out in the trucking industry or looking to expand your fleet, the largest investment will be in a single semi or an entire fleet. There are different
Moving freight is a complex operation involving many moving parts. It requires coordinated efforts from a vast group of individuals who are knowledgeable about the ins and outs of the
Transport companies use factoring to ensure that they have enough cash to cover the operational costs of the business. Transporters must cover the costs of fuel and wages on an
Invoice factoring lets businesses collect proceeds from their invoices without delay. Although companies use factoring to raise extra funds, some wonder if invoice factoring is possible with bad credit. Want
As a trucker, you might dream of owning your own rig someday. But the price tag on a new semi-truck can make it feel impossible to achieve this goal when
Non-recourse factoring companies are businesses that won’t charge you for the full invoice amount if your customers fail to pay. But it’s also harder to qualify to work with these
It is standard practice for invoices to not be paid immediately but sometimes you need that cash flow. Keeping a truck (or even a fleet of trucks) on the road
