Many businesses think that factoring is reserved for only certain types or businesses, or that factoring services can only be used in specific circums...
Can the Creditworthiness of Your Customers Impact Your Business?
We all know that credit ratings impact business owners. The creditworthiness of a business is what determines loan amounts, interest rates, the abilit...
The Case For Mid-Sized Vehicle Fleets
Between the pandemic and shifts in consumer demands, the trucking landscape is changing. In order to reach more markets, lower costs, and generate mor...
Mythbusting the COVID-19 Trucking Bubble
The COVID-19 pandemic has disrupted everything from the way we talk with people to the way we do business. As the trucking industry continues to maint...
Two Freight Taxes Come Under Fire from the OOIDA
From consumers to businesses to lawmakers, the one consensus is that the US economy moved with the trucking industry. Yet despite PPP loans, relief pa...
Trucking Pulls Ahead of Other Industries in the Current Economy
Economic conditions have been uncertain throughout the COVID-19 pandemic. There is no doubt that businesses in every industry are charting new territo...
Keeping Up with Client Demand: A Cash Flow Primer
With states reopening, businesses are eagerly anticipating high demand from clients. However, rushing to meet that demand without a strategy can place...
Trucking Bounces Back: Staying Ahead of the Flattened Curve
After months of disruption and apprehension about reduced volume the trucking industry is bouncing back. More industries are increasing production aft...
Solving the Issue of Gaps in Revenue for Freight Carriers
Freight Carriers have a lot of expenses to cover. Employees need to get paid, trucks need fuel, maintenance needs to be performed on equipment, plus t...
Logistics and Freight Factoring Go Hand-in-Hand
Our economy relies on logistics. From matching shipment and drivers to plotting routes, logistics get products to their destinations and into the hand...
The OOIDA’s Push for Transparency with Brokers Continues
Last month, we reported that the Owner-Operator Independent Drivers Association (OOIDA) made a presentation to Congress to ensure more transparency be...
The Immediate and Long-Term Benefits of Factoring
The economy is getting back on its feet, which means businesses across all industries need fast access to revenue and working capital to keep the ligh...
Pandemic Vs. Petroleum: The Outlook for Gas Prices
The COVID-19 pandemic had an impact on gas prices all over the world. The reasons were very easy to figure out – since everyone was staying at home fo...
The Trucking Industry’s Roadmap for Economic Recovery
Last month, the American Trucking Associations (ATA) went before the United States Senate Commerce Committee to outline a roadmap for economic recover...
Invoice Factoring Plays a Key Role in Business Recovery
As cities and states begin a slow reopening after what seems like a long lockdown, businesses are looking to make up lost ground. Many businesses have...
Trucking Companies Are Looking for Services Beyond Insurance
Insurance is a necessary cost for both trucking companies and independent drivers. One of the reasons for the Drug and Alcohol Database was to further...
Cash Flow Is the Key to Recovery and Success for Businesses
As some states start to re-open after being in a COVID-19 lockdown, others are still closed, leaving many businesses unsure how to survive. Strong cas...
The Trucking Industry Needs More Transparency from Brokers
The relationship between carriers and brokers has been strained these past few months. Even though supply chains are of the utmost importance during t...
The Market Outlook for Owner-Operators
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 ...
