2020 is shaping up to be a very interesting year for the trucking industry. External pressures are offering both growth opportunities and challenges a...
The Advantages of Factoring in Good and Bad Economic Conditions
The economy can take some wild turns and it has a history of peaks and valleys. Still, businesses need access to working capital throughout the highs ...
Recognizing Truckers as First-Responders
Throughout the COVID-19 pandemic, people have been looking at scientists and healthcare professionals as the heroes on the front lines who are helping...
Improving Finances for Your Trucking Company
In the current economic climate, trucking companies are looking to improve finances any way they can. At the same time, the outlook for the near futur...
Traditional Loans Vs. Factoring: A Comparison for Fleet Owners
Fleet owners need a reliable source of financing to keep operations moving and to take advantage of growth opportunities when they arise. The two most...
How Businesses Survive an Uncertain Economy
During times of economic uncertainty, businesses in all sectors need a clear strategy to come out on top. As legislation rolls out to limit hours of s...
New Trucking Companies Keep Supply Chains Strong
Amid the COVID-19 pandemic, all industries are looking to the trucking industry to keep the economy moving. If the driver shortage was up for debate o...
Trucking Companies Need Working Capital Amid COVID-19 Concerns
The trucking industry is the backbone of our economy. Now, more than ever, every industry and consumer is depending on trucking companies to deliver e...
How Working Capital Reserves Keep Your Business Safe
Businesses of all sizes enjoy sales and the revenue that follows. New, small, and even large businesses are vulnerable to cash flow issues, which is w...
3 Ways Fleet Owners Can Lower Fuel Costs
Of all the expenses that concern fleet owners, fuel costs are near the top of the list. In addition to making up a sizable part of every fleet’s budge...
Oil and Gas Distributors: Maintaining Strong Cash Flow
Oil and gas distributors cover a large area – supplying houses, businesses, and gas stations with the fuel necessary to keep people warm and to keep o...
Business Finances: Keeping Costs Low and Cash Flow High
Business owners across all industries are constantly looking to lower expenses and improve cash flow. In order to get a better handle on business fina...
Prevent Unpaid Receivables from Spiraling out of Control
Unpaid receivables can be a pain point for businesses. Waiting on payments from clients can place downward pressure on cash flow, and deplete internal...
Unsettled Client Accounts: Making Accounting Easier for Your Business
Whether your business has an in-house accounting department or you use an outside CPA, unsettled client accounts can throw a wrench into your finances...
Drug and Alcohol Clearinghouse Experiences Turbulent Launch
The FMCSA’s Drug and Alcohol Clearinghouse officially launched early last month. Within the first few hours, the clearinghouse was overwhelmed by peop...
Avoiding the Pitfall of Using Short-Term Loans to Bridge Gaps in Capital
Businesses need access to working capital to thrive and grow. However, there are times when working capital is low and cash flow is tight. While many ...
The Relationship Between IRS Tax Obligations and Cash Flow
It’s that time of year again, when businesses start preparing their quarterly 941 forms and figuring out their IRS tax obligations. While taxes may no...
How Much Does It Cost to Start and Operate a Trucking Company?
In an industry that generates over $700 billion in revenue annually it is easy to see why many people think of starting and running their own trucking...
Fuel Cost Projections for Q1 2020 and the Impact on the Trucking Industry
As we kick off 2020, the trucking industry is wondering about fuel cost projections for the first quarter and how much drivers will pay at the pump. W...
Invoice Factoring and Cash Advances: How Do They Stack Up?
When businesses are looking for fast access to working capital, two options come to mind: Invoice factoring and cash advances. However, the two are ve...
