What is a Cash Reserve?
A cash reserve for a business is what a personal savings account is for an individual: a pool of savings to draw on when unexpected financial issues arise. A cash reserve can be the difference between going out of [...]
Recourse vs. Non-Recourse Factoring
Factoring companies have two primary types of agreements when it comes to funding your freight bills: recourse and non-recourse factoring. There are pros and cons to both types of agreements. As a client of a factoring company, you must [...]