Archive for May 1, 2019

What Commercial Factoring Companies Can Do

Written by Economic Development Jobs on May 1, 2019. Posted in Advance business capital factoring, Freight factoring companies, Why get an invoice advance loan

The United States is known for its enormous infrastructure of manufacturing, and goods ranging from cars to furniture to books to kids’ toys are produced in great numbers every year. At the same time, American farms, vineyards, and orchards from New York state to California are producing the nation’s foodstuffs from wheat to dairy to chicken meat. But all of these goods need to be delivered, and the American transportation network is up to the job. Today, countless trucks, freight trains, airplanes, and seagoing ships are delivering goods when carrier companies are contacted by shipper customers to make deliveries to and from factories, warehouses, and retailers. These carriers, many of which are on the smaller side, charge invoices to their shipper customers for their services rendered, but carriers also make use of third parties such as commercial factoring companies or freight brokers. Why get an invoice advance loan, a