Love’s Travel Stops has made its single biggest acquisition in the factoring business by scooping up three companies in a ...

Invoice factoring involves selling your outstanding invoices to a third party at a discount. It might make sense if you need fast access to cash but can’t qualify for a business loan. Invoice ...

Factoring services refer to collecting receivables and maintaining sales ledgers, credit control, and credit protection. Factoring services offer comprehensive solutions to businesses to manage their ...

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 ...

It can be a quick way to get financing, but it could lead to cash flow issues if used regularly If your small business needs funding, invoice factoring can help improve your cash flow. For a fee, ...

You put in the hours, you haul the loads, and the job gets done. The work moves fast, but the check doesn’t. Sometimes it takes 30 days, sometimes 90, and in the meantime, you’re facing fuel bills, ...

Triumph Financial combines a highly profitable regional bank and factoring business with innovative, early-stage payments and intelligence offerings for the trucking industry. The company's unique ...

NEW YORK (Reuters) - Wells Fargo & Co has agreed to buy the North American factoring business of a unit of GMAC, the U.S. auto finance company, Wells Fargo said on Wednesday. Terms of the deal were ...

NEW YORK, Sept. 30, 2024 (GLOBE NEWSWIRE) -- SLR Investment Corp. (NASDAQ: SLRC) (the “Company” or “SLRC”) today announced that on September 27, its wholly-owned portfolio company, SLR Business Credit ...