Tackling Factoring Fraud: Safeguarding Your Freight Business
Factoring fraud threatens cash flow for all involved. Find out how freight factoring can help safeguard you from bad actors in the market.
Factoring fraud threatens cash flow for all involved. Find out how freight factoring can help safeguard you from bad actors in the market.
Is freight factoring right for you? Learn how it works and why it can be a benefit to your business.
Learn the 11 essential owner-operator expenses that will help you track your finances and improve profitability.
Learn about common trucking scams and 10 steps you can take to avoid them.
Curious about what digital freight matching is all about? Learn about digital freight matching and the idea that a carrier can simply tap to accept a load and then hit the road.
One of the most significant issues for any small business is cash flow. Most clients you haul for pay your outstanding invoices 30, 60, or even 90 days later. In the meantime, you still have expenses to continue to run your company. Some daily and monthly expenses like fuel, maintenance, and insurance can’t be put
Invoice factoring is the practice of “selling” your invoices, or accounts receivables, to a company that then pays you right away for that invoice, minus a fee. This helps you increase cash flow to pay bills, finance operations, take on new business, and handle business expenses as they come up. Factoring companies may also handle
Having an efficient process for generating freight invoices will help you get paid faster. Getting paid faster means carriers can concentrate more on booking freight and delivering loads rather than racking up hours creating invoices and tracking down payments. We’ll explain some of the key elements that make up a freight invoice and the level of detail
What is truck factoring? Being a carrier can lead to a great deal of freedom, especially as an entrepreneur. But one downside of being an owner-operator is getting paid on time. If you’re lucky, you might get paid at the end of a delivery. But more often than not, you end up waiting for your