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 ...

There are many factors that contribute to the factoring rate a company offers you. One of the most significant benefits of factoring for many carriers is that they consider the creditworthiness of ...

For many trucking companies, cash flow is the lifeblood that keeps wheels turning. While hauling freight is the core of the business, carriers often face a frustrating reality: waiting weeks, or even ...

In June 2020, TBS Factoring and OTR Capital formed a joint partnership to help truck drivers during the pandemic. Through a program called Pandemic Protection Program, the finance firms offered a ...

Many companies have to deal with cash flow problems at various points in their history of operations. The truth is that it was quite tricky to manage cash flow in the past. Companies could not find ...

Equipped with sophisticated back-ends, larger conglomerates are often outcompeting small freight brokers, but Axle Payments wants to change this by empowering over 10,000 freight brokers currently ...

If you’re a client of factoring service OTR Capital, there’s a going to be a new avenue toward the freight universe available from brokers participating in Trucker Tools‘ load matching engines. The ...

Blockchain freight settlement provides fast liquidity and eliminates expensive freight factoring intermediaries. Imagine waiting months to receive your paycheck. Or worse, imagine spending hundreds or ...

Axele, a Transportation Management System company, has announced a strategic partnership with Apex Capital, where the Axele TMS will be integrated with Apex Capital’s freight factoring solution.