In the intricate world of finance, loan covenants play a pivotal role in shaping the relationship between lenders and borrowers. They become especially crucial in contexts like asset refinancing, where
Understanding the intricacies of cash flow is crucial for the survival and success of any business, regardless of its size or industry. In this article, we'll answer the question 'why
Bills are coming up, trucks need fuel and your employees need payment. However, you’re holding invoices that still aren’t paid. Without that payment, how can you cover your expenses? What
Load factoring, also known as freight bill factoring, is a popular financial strategy employed by trucking businesses — often to manage their cash flow. It involves selling receivables, like bills
In the world of transportation, making the right decision for your cargo needs is crucial, especially when dealing with perishable goods. As a result, the ‘reefer trailer for sale vs
As an owner-operator, a small business owner, or an owner of a larger corporation, there might come a time when you are in need of financing. It doesn’t necessarily matter
No matter the size of your business, unpaid invoices are undoubtedly a part of your reality. A healthy cash flow is essential to running your company successfully, and outstanding invoices
Semi-trucks can carry tens of thousands of pounds. These vehicles support the supply chain, but they also come at a high price. A new semi-truck can cost $70,000 to $150,000.
For many truck owners waiting weeks for payment is just not a viable option. The operational costs don’t wait and how do you grow your business without cash? This is
