[Stay on top of transportation news: Get TTNews in your inbox.] Freight factoring is on the upswing this year as traditional banks apply stringent lending standards and truckers who are most likely to ...

For many trucking companies, cash flow is the lifeblood that keeps wheels turning. While hauling freight is the core of the business, carriers often face a frustrating reality: waiting weeks, or even ...

Cash flow can make or break a trucking business. Freight factoring has emerged as a financial lifeline for carriers of all sizes, offering a way to turn invoices into immediate working capital. By ...

Extended payment terms are squeezing carrier cash flow. Here are some practical ways fleets can stay liquid without ...

Experienced credit executive joins Porter Freight Funding to strengthen risk strategy and support long-term customer ...

Freight factoring has become a significant financial tool for businesses, yet opinions on its efficacy vary widely. Known as accounts receivable (A/R) financing, factoring involves trading invoices ...

Express Freight Finance, an independent factoring company specializing in transportation clients, has recently launched its freight-bill factoring services for truck fleets, owner-operators, and ...

Bibby Transportation Finance is turning to automation and artificial intelligence to speed up the process to pay truck drivers and fleets who factor their invoices to get cash up front. The freight ...

DALLAS, July 08, 2020 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (Nasdaq: TBK) (the “Company”) announced today the close of the acquisition of the transportation factoring assets of Transport Financial ...

There are many factors that contribute to the factoring rate a company offers you. One of the most significant benefits of factoring for many carriers is that they consider the creditworthiness of ...