Because of the freight capacity shortfall, carriers now have
economic leverage over shippers and
Why Should You Choose Us.
We have no truck factoring minimum dollar
NO ANNUAL TERM TRUCK FACTORING CONTRACT REQUIRED
The danger with a
that even in the face of increasing freight levels, truckload carriers have not been expanding their capacity but rather, for the first time in many years, are Focusing on a strategy on return on investment vs. the 20% growth strategy of the '90s that led to the tremendous overcapacity for carriers in 2001-2003. What they're buying is mostly for equipment replacements.
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More Truck Factoring Information
Although commercial factoring has been used for over 200 years, it is especially useful in today's uncertain economic environment. Factoring involves the purchase of the accounts receivable of an operating business by a third party (the 'Factor"). The Truck Factoring company provides credit analysis and the mechanical activities involved in collecting the receivables. Factoring is a flexible financial tool providing timely funds, efficient record keeping, and effective management of the collection process.
Truck Businesses factor their accounts receivable for many reasons, but most frequently to gain greater CONTROL over those receivables. While most aspects of a business's performance, i.e. inventory control, labor costs, overhead, and production schedules can be determined by its management, when and how the business is paid is usually controlled by its customers (the"Account Debtors").
Truck Factoring provides a means for turning your receivables into IMMEDIATE cash! Other benefits of factoring include: Protection Against Bad Debts - Unfortunately, a careless or overly optimistic approach to the extension of credit by a business owner who is sales oriented by nature, and who follows the axiom " no business grows by turning customers away", can lead to financial disaster. A Truck Factoring company provides you with an experienced, professional approach to credit decisions and collection operations by examining each Account Debtor's credit standing and determining credit worthiness from a credit manager's point of view. Stronger Cash Flow - The financing afforded by a Truck Factoring to its client is based on sales volume rather than on conventional credit considerations. Usually, the amount of credit obtainable is higher than the amount offered by a bank or other lender. This feature provides you with additional financial leverage.
=> transport -- (move something or somebody around; usually over long distances)
=> motor vehicle, automotive vehicle -- (a self-propelled wheeled vehicle that does not run on rails)
truck -- (convey (goods etc.) by truck; "truck fresh vegetables across the mountains")
-> transport -- (move something or somebody around; usually over long distances)
=> sluice -- (transport in or send down a sluice; "sluice logs")
Additional Trucking Information
Trucking freight firms confront many of the same risks that other industries face--labor shortages, workers' comp claims, regulation and competition. But when it comes to insuring and protecting their assets, many freight factoring companies are apt to carry their own freight, so to speak. Some choose to self-insure,
There are big, big changes ahead as the heavy trucking manufacturing
More Truck Factoring Information
We offer the highest advances in the freight factoring industry.How? Because we use our own money. The others are restricted by their banks. How To Make Freight Factoring Work For You. Our truck factoring company uses our own money, which means we can be more flexible with our freight factoring company rates
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One of the biggest advantages of truck factoring your accounts receivable is that you are able to take on more work and better paying loads. Have you had to settle for low paying loads in order to get paid within a couple of weeks? Truck Factoring allows you to take better paying accounts without having to worry about how fast they pay.
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=> float -- (set afloat; "He floated the logs down the river"; "The boy floated his toy boat on the pond")
=> ferry -- (transport by ferry)
=> wheelbarrow -- (transport in a wheelbarrow)
=> raft -- (transport on a raft; "raft wood down a river")
=> bus -- (send or move around by bus; "The children were bussed to school")
=> pipe -- (transport by pipeline; "pipe oil, water, and gas into the desert")
=> freight -- (transport commercially as cargo)
=> truck -- (convey (goods etc.) by truck; "truck fresh vegetables across the mountains")
=> rail -- (convey (goods etc.) by rails; "fresh fruit are railed from Italy to Belgium")
=> sledge -- (transport in a sleigh)
=> lighter -- (transport in a flatbottom boat)
=> pick up -- (give a passenger or a hitchhiker a lift; "We picked up a hitchhiker on the highway")
=> wheel, wheel around -- (wheel somebody or something)
=> carry over -- (transport from one place or state to another; "Adam would have been carried over into the life eternal")
=> advect -- (convey by horizontal mass movement of a fluid; "energy advected from the environment")
=> teleport -- (transport by dematerializing at one point and assembling at another)