Factoring has helped many a new fleet to get on its feet, and it also has helped established fleets to grow or smooth out irregular cash flow. Over the years, the addition of other services has ...

In normal economic times, factoring has long appealed to certain fleets, especially small ones that have trouble keeping a steady flow of collections. Overdrive polling shows that almost half of owner ...

Load boards help carriers find backhauls, explore new lanes, and secure freight without a pre-existing network. Advanced filters and alerts let carriers quickly find loads by trailer type, lane, rate, ...

Transfix, a digital freight marketplace, has expanded its product suite with the Transfix Factoring Program powered by BAMFi. The program is designed to unlock money for carriers upfront at a rate of ...

In comparison to last year, 38% of factoring customers plan to factor more loads, underscoring a growing reliance on factoring to maintain cash flow. The survey also highlighted that speed of payment ...

DAT Freight & Analytics is partnering with OTR Capital to expand factoring services available to freight brokers and carriers through DAT’s load board network. OTR Capital provides fast, reliable ...

SEATTLE--(BUSINESS WIRE)--Convoy, the nation’s most efficient digital freight network, today announced Convoy Factoring, powered by Apex Capital, a new payment service for carriers that provides same ...

However, under a conventional factoring agreement, the supplier makes the delivery and then sells its invoice(s) or accounts receivable (AR) to a third-party, often to a bank or financial institution ...