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 | Jun 9, 2023 | Factoring, Finance, Trucking
In the fast-paced world of trucking, maintaining a healthy cash flow is crucial for the success and growth of freight carriers. However, the nature of the industry often leads to delayed payments from shippers and brokers, which can put a strain on a trucking...
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 19, 2023 | Factoring, Freight Brokers
As a freight broker, managing cash flow is crucial to the success of your business. You need to pay carriers, cover operational expenses, and invest in growth opportunities. However, waiting for customer payments can cause cash flow gaps that can hinder your ability...