Freight Factoring Archives

The History of Invoice Factoring

February 7, 2017February 13, 2014 by quicktsi

Invoice factoring is one of the oldest, and one of the most misunderstood business practices. Invoice factoring is a method of easing cash flow for businesses to operate while awaiting payments owed. A factoring agent, often a bank will provide a cash advance to a business that is owed money, usually 70%-90%. When the invoice … Read moreThe History of Invoice Factoring

Five Options For Financing A Commercial Truck

August 24, 2017January 19, 2013 by quicktsi

In a post recession economy financing a commercial truck is more difficult than it used to be. Here are five alternatives to help you with your next truck purchase. Using Trucks for Commercial Applications Many businesses have needs that require the used of specially designed and equipped commercial trucks. A wide variety of trucks are … Read moreFive Options For Financing A Commercial Truck

Pros and Cons of Freight Factoring for Trucking Companies

February 7, 2017November 15, 2012 by quicktsi

The down economy is hurting almost every business in the United States and trucking companies are particularly affected because of high fuel and insurance prices. Freight factoring is one of the ways that trucking companies solve the problem of not having a consistent cash flow. What is Factoring? A factoring company is a financial business … Read morePros and Cons of Freight Factoring for Trucking Companies

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