Freight factoring has become a significant financial tool for businesses, yet opinions on its efficacy vary widely. Known as accounts receivable (A/R) financing, factoring involves trading invoices ...

There are many factors that contribute to the factoring rate a company offers you. One of the most significant benefits of factoring for many carriers is that they consider the creditworthiness of ...

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 ...

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 ...

Invoice finance and factoring are financial solutions designed to improve cash flow by leveraging outstanding invoices. However, they differ in terms of operational approach and the level of control ...

Maintaining cash flow and working capital is the biggest problem for many small and medium-sized businesses (SMBs). One of the main reasons that it’s a challenge is slow-paying clients. Online invoice ...