Truckstop QuickPay vs. the industry: what… A carrier delivers on Friday and wants the money before the weekend. QuickPay makes that possible, and carriers now expect it, which makes it a… READ MORE
Five carrier payment habits every broker… A carrier hauls your load, sends the invoice, and waits. Pay late and the next time you post a load, that carrier remembers. Miss enough due dates an… READ MORE
Why a personal guarantee in freight… You are reviewing a factoring contract, ready to sign, and then you hit two words that make you stop. Personal guarantee. For a lot of brokers,… READ MORE
Freight factoring vs. line of credit: whic… You pay a carrier the day the load delivers. The shipper pays you in 30, 45, sometimes 60 days. In a soft market with thin margins, waiting weeks to… READ MORE
What to ask a factoring company before you… Choosing a factoring company is one of the bigger decisions a freight brokerage makes. The company you pick touches your cash flow, how fast your… READ MORE
Three tips for building credit with carrie… A carrier likes your load, runs your MC through their factoring company, and gets a no. The factor will not fund a load from a broker it does not… READ MORE
How carriers get paid after a broker goes… You hauled the load. The paperwork was clean and the POD went in on time. Then the broker stops answering the phone, and a few days later the news… READ MORE
Freight broker factoring: a complete guide Freight factoring is easy to hear about and harder to pin down. In short, it means a factoring company pays you most of an unpaid invoice upfront,… READ MORE
Freight broker credit score: what it is an… A freight broker credit score is a rating from 0 to 100 that shows how reliably your brokerage pays carriers and vendors. Carriers and factoring… READ MORE