What is a Cash Reserve?
A cash reserve for a business is what a personal savings account is for an [...]
Recourse vs. Non-Recourse Factoring
Factoring companies have two primary types of agreements when it comes to funding your [...]
An Account Manager that Knows Your Business Makes the Difference
As an Account Manager, I work with about 75 to 100 different businesses. Every [...]
How to Avoid Being Mislead by a Factoring Company
When determining which factoring company you want to use do your due diligence and [...]
What is Transportation Factoring?
Transportation Factoring companies are financial institutions that buy a carrier’s receivables, take ownership of the [...]
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.