The Benefits of Factoring Financing

Written by Economic Development Jobs on February 26, 2019. Posted in Business invoice factoring, Transportation factoring, What is a factoring company

Many industries exist in the United States today, and they are highly diverse in what they do. Some are farms or manufacturers, producing everything from grain to automobiles to computer parts and kids’ toys. Other businesses provides services, such as IT for client businesses or maid cleaning services for hotels. And other businesses deal with freight, making them carrier companies. Many of these diverse businesses are on the smaller side; nearly 28 million small businesses can be found across the United States today, and together, they do a lot of work. Carriers, meanwhile, make their profit from charging invoices to their shipper clients, but these invoices take time to pay, and payments are sometimes late. This is how factoring financing can help. Freight broker companies or business factoring companies can offer freight inv

Invoice Funding Companies Help Business Meet Their Financial Obligations

Written by Economic Development Jobs on December 29, 2018. Posted in Factoring service for trucking, Freight capital factoring, Transportation factoring

This is the time of year when financially things can get tight. End of the month. End of the year.
If you are a small business then you likely know the stress of having to pay your company’s own bills when you are waiting for your own customers to pay theirs. Not wanting to risk your businesses credit rating or reputation you need to find access to the cash that you need while you wait for income that is owed to you. Business factoring services can help businesses of all sizes bridge the gap.
Often thought of as transportation factoring companies, it is important to note that business factoring companies help businesses outside of the transportation industry meet their own financial obligations while they wait for the customer payments to arrive.
Small Business Success Is Often Difficult to Achieve
With the use of advance business capital factoring many busin