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...
by Dean Wiltsey | Jan 4, 2023 | Factoring, Finance
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...
