Last year was a treacherous time to be in the logistics industry. While experts are more optimistic about 2024, flipping the calendar over to January did not offer instantaneous relief. Brokers and ...

For many trucking companies, cash flow is the lifeblood that keeps wheels turning. While hauling freight is the core of the business, carriers often face a frustrating reality: waiting weeks, or even ...

Once a carrier has made the decision to use freight bill factoring to improve cash flow, it quickly becomes a choice between using recourse or non-recourse factoring. At first glance, non-recourse ...

TORONTO, Ont. – Generating consistent cash flow is one of the greatest challenges facing small fleets or start-ups, which has given rise to the prominence of invoice factoring. With margins in the ...

In normal economic times, factoring has long appealed to certain fleets, especially small ones that have trouble keeping a steady flow of collections. Overdrive polling shows that almost half of owner ...

In June 2020, TBS Factoring and OTR Capital formed a joint partnership to help truck drivers during the pandemic. Through a program called Pandemic Protection Program, the finance firms offered a ...

NEW YORK--(BUSINESS WIRE)--White Oak Commercial Finance, LLC (“White Oak”), an affiliate of White Oak Global Advisors, LLC, announced it provided a $3 million non-recourse advance factoring facility ...

As you might have already experienced, it is not unusual for small businesses to be short on cash. Depending on the industry you operate in, you might find yourself stacking up unpaid invoices from ...

It can be a quick way to get financing, but it could lead to cash flow issues if used regularly If your small business needs funding, invoice factoring can help improve your cash flow. For a fee, ...

However, under a conventional factoring agreement, the supplier makes the delivery and then sells its invoice(s) or accounts receivable (AR) to a third-party, often to a bank or financial institution ...