by Dean Wiltsey | Nov 28, 2023 | Freight Brokers, Press Releases
Financial and technological solutions to help freight brokers and carriers succeed in this down market. Las Vegas, NV, {November 28, 2023} – Quickpay Funding, a leading provider of invoice factoring services, announced today they have partnered with AscendTMS, the...
by Dean Wiltsey | Aug 16, 2023 | Factoring, Freight Brokers
Starting a career as a freight broker can be both exciting and challenging. As a new player in the industry, you’ll find yourself navigating a complex landscape of shipping regulations, carrier relationships, and financial management. One crucial aspect of your...
by Dean Wiltsey | Aug 9, 2023 | Factoring, Freight Brokers
In the fast-paced world of freight brokerage, maintaining a healthy cash flow is paramount. Balancing operational expenses, client demands, and timely payments to carriers can be challenging. This is where factoring steps in as a powerful financial tool for freight...
by Dean Wiltsey | May 2, 2023 | Factoring, Freight Brokers
As a freight broker, choosing the right factoring company can make or break your business. Factoring companies can provide much-needed cash flow, administrative support, and help build strong relationships with carriers. But with so many options out there, it can be...
by Dean Wiltsey | Apr 27, 2023 | Finance, Freight Brokers, Trucking
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...
by Dean Wiltsey | Apr 25, 2023 | Factoring, Freight Brokers
The freight brokerage industry is fast-paced and competitive, with freight brokers constantly juggling multiple tasks to ensure smooth operations and timely deliveries. However, challenges such as cash flow gaps, administrative burdens, and limited funding...
