Category: Freight invoice factoring

  • The Benefits And Myths Associated With Using Commercial Factoring Services

    The Benefits And Myths Associated With Using Commercial Factoring Services

    A trucking factoring service is a company that allows transportation companies to exchange your unpaid invoices with cash. The company often pays 80%-90% of the total invoice value upfront, then pays the remaining percentage after your customer pays up. This is after subtracting their small service fee. Most trucking factoring services check your debtor’s credit,…