Freight Factoring

freight factoring

Freight Factoring: Advantages & Disadvantages

If you’ve worked in the transportation industry for some time, you’ve probably experienced the concept of freight factoring. It’s far from an innovative financial solution. It’s been around for a long time, and it has remained in the market due to how it can improve cash flow for businesses and allow transportation companies to thrive. […]

Freight Factoring: Advantages & Disadvantages Read More »

freight broker agent, freight agent, freight factoring

What is Freight Factoring and the Difference between Freight Broker & Freight Agent?

Freight factoring, also known as transportation factoring, trucking factoring, or freight bill factoring, is the process of a person or organization delivering a load selling their invoice to a factoring company. When a factoring business buys your invoice, it becomes the company’s property. Simply put, freight invoice factoring occurs in the process by which owner-operators,

What is Freight Factoring and the Difference between Freight Broker & Freight Agent? Read More »