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Infographic: How Freight Factoring Fits into your Trucking Company’s Business Plan
If you’re a fleet owner interested in how factoring might fit into your fleet operations, here is an intro to the fundamentals of freight factoring.
It’s all about cash in and cash out. And in trucking, the balance can get lopsided for any number of reasons, even when business is good.
A reliable factoring company can help your fleet navigate the ups and downs by negotiating better payment terms with existing freight customers to ensure you get paid faster for loads delivered.
So, if you’re a fleet owner interested in exploring how factoring might fit into your fleet operations, here is an intro to freight factoring to help paint a clearer picture.