Not all freight factoring companies are alike, but what’s the biggest differentiator between us and our competitors? Our loyal customers most often tell us that Express Freight Finance service makes all the difference. Check out what our valuable customer N&F Trucking had to say about how Express Freight Finance service has made a positive impact on their business. #EFF #Testimonials #Factoring #Clients
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Not all freight factoring companies are alike, but what’s the biggest differentiator between us and our competitors? Our loyal customers most often tell us that Express Freight Finance service makes all the difference. ?? Check out what our valuable customer N&F Trucking had to say about how Express Freight Finance service has made a positive impact on their business. #EFF #Testimonials #Factoring #Clients
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Freight factoring can help you maintain a healthy cash flow, keep up with expenses, and take on more freight. Take a look at this video for more information about what factoring can do for you #factoring #trucker #trucking
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What’s holding you back from switching to freight factoring? For many, especially in the current market, the cost of factoring is a point of contention for many trucking companies. However, those companies with reservations about the costs of factoring might be surprised to find that it can be surprisingly affordable. You can find out more about the surprising affordability of freight factoring here:? https://lnkd.in/e4YS_SAR #EFF? #TruckingBusiness #Loads #Blog? #freight #findingfreight
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Freight factoring can be a strategic choice for trucking businesses for several reasons: ????Improved Cash Flow ????Focus on Core Operations ????Financial Stability ????Flexibility Overall, freight factoring allows trucking companies to maintain consistent cash flow, which is crucial for operational health and growth. ??(888) 575 -1323
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The transportation industry is a vital sector for factoring, and its challenges have grown in recent years. In IFA's latest blog post, Kimberly Fisk, Chief Operating Officer at Triumph's Factoring Division and IFA Advisory Board Member, shares her perspective on navigating the current freight recession that has impacted trucking companies across the nation. With many companies struggling to manage costs and maintain profitability, Kim emphasizes the importance of building strong customer relationships and diversifying your client base. She also highlights practical strategies for optimizing savings and cash flow, including the benefits of factoring as a financial tool that can provide immediate capital and reduce administrative burdens. Click to read more:?https://lnkd.in/eXe2vFAG #factoring #transportationfactoring #InternationalFactoringAssociation
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Learn how freight factoring fees are calculated! From invoice volume to freight type, stay informed with Dispatch It Now for the latest updates. #Freight #Factoring #Logistics #DispatchItNow #TruckingNews
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Are you a carrier struggling to keep up with all of your paperwork? When most people think of a factoring service, they immediately think “cash flow solution” or “get paid faster,” but more times than not, the real benefit of a factoring service is the collections side of it. If you’d rather spend your time finding more freight to haul instead of tracking down brokers for payment, shoot me a message! #factoring #fuelsavings #freight #trucking
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Attention Carriers!???? Join us for a Live Webinar with OTR Solutions on Wednesday, December 4th, at 12:30 PM MST to uncover the key factors you need to consider when working with factoring companies. Learn how to: ??Avoid potential risks ??Select a reliable partner to keep your business financially strong Save your spot today ?? https://bit.ly/3UDgEb2 #Trucking #Factoring #CarrierSuccess #TruckingBusiness #DATWebinar
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One of the most important attributes you should look for in a factoring company is experience. Look for factoring companies that have been around for a long time and have a good reputation among truckers.?? They have thorough industry knowledge and insights, and can help guide your trucking company through the many challenges that arise from financial uncertainty.???? What you want to hear when you ask this question is that the company has been operating successfully for several years. What other questions should you ask when looking for a freight factoring company?? Read this blog post to find out. https://rpb.li/lLUN #FactoringCompanies #FreightFactoring #TruckingCompanies
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?? #Truckers, know your options! ?? #Factoring companies can be a game-changer for truckers, helping manage cash flow by buying your invoices and providing immediate payment. But not all factoring companies are created equal! ?? Key Differences to Consider: - #Recourse vs. Non-Recourse Factoring: Recourse means you're liable if the customer doesn't pay; non-recourse transfers that risk to the factoring company. Advance #Rates: The percentage of the invoice value you get upfront can vary widely. #Fees and #Contracts: Watch out for hidden fees and long-term contracts that can limit your flexibility. Look for a factoring company that offers transparent terms, good advance rates, and excellent customer service. Your cash flow deserves the best! ?? #Trucking #Factoring #CashFlow
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