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Invoice Factoring vs. Bank Loans

Invoice Factoring vs. Bank Loans

As a business owner, you may need to consider different financing options to help maintain or grow your business. Two common options are invoice factoring and bank loans. While both can provide a source of funds, there are significant differences between the two....
What is Double Brokering?

What is Double Brokering?

Double brokering is a serious issue in the freight transportation industry. It happens when a freight broker tenders a load to a carrier, but the carrier turns around and reassigns the load to another carrier. This unethical practice can result in delays, damages, and...
What is Invoice Factoring?

What is Invoice Factoring?

Factoring is a financial transaction whereby a company (Seller) sells its accounts receivable (Invoices) at a discount to a third party (Factor).  This is done to facilitate the immediate payment of an invoice(s) and allow the business to accelerate cash flow to...