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 | 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...
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...
