Recourse vs. non-recourse factoring
Factoring companies have two primary types of agreements when it comes to funding your [...]
Top 5 pitfalls transport carriers are facing
In 2020, successful businesses know how to harness financial statement data. But for transport carriers, [...]
Cash is king: Tips on making it work for you
As a business owner, you know cash on hand allows you to invest in [...]
How A Cash Reserve Works
A cash reserve for a business is what a personal savings account is for [...]
What is Transportation Factoring?
Transportation Factoring companies are third party accounts receivable financial institutions that buy a carrier’s [...]
Accurate recordkeeping impacts your cashflow
Currently, no uniform system of record keeping is available for the freight industry. While there are hundreds of computerized records keeping systems for transport carriers, the vast majority have no uniform system of cost accounts for yielding financial data to make freight pricing decisions.