Limited access to working capital is one of the biggest frustrations for freight truckers. Most start-ups struggle to keep afloat as they wait for 30, 60, or even 90 days for payments to arrive. With 79% of business owners admitting to late payments, your freight company may suffer a severe cash crunch. What Is A…
Category: International factoring
What You Need to Know About Small Business Invoice Factoring
The United States has a significant number of small businesses. Recent figures indicate that there are almost 28 million small businesses currently operating within this country. At some point, a certain percentage of these small businesses may experience a temporary cash-flow issue. In order to address this situation, a business may choose to utilize invoice…
