Advance business capital continues to be a very popular approach to payments in a wide variety of industries. One place where invoice factoring continues to take center stage is in the transportation sector. Transportation factoring allows logistical and transportation businesses to receive a significant percentage of their payment upon delivering their goods. According to the…
Category: Load factoring companies
Services Offered by Freight Factoring Companies and Their Benefits
Are customer invoices running past due? Are clients paying late, or even not at all? Freight factoring companies provide the service of providing financial advances based upon those past due invoices. The factoring companies collect a fee for the service of chasing down clients, similar to the way that a collections company would work. What…