Financing Archives - Elite Driver Systems

Tag: Financing

freight factoring invoices as a small business

The Benefits of Factoring Freight Invoices as a Small Carrier

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As a small carrier, managing cash flow can often feel like navigating through rough waters. When timely payments are crucial, waiting weeks or for clients […]
how freight factoring works

Factoring vs. Traditional Financing: Which is Best for Trucking?

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When it comes to the trucking industry, cash flow can determine whether a business thrives or simply survives. With expenses piling up and invoices waiting […]
a pile of hundred dollar bills spread around

How Freight Factoring Improves Cash Flow for Trucking Businesses

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Running a trucking business can be tough, especially when it comes to managing money. One of the biggest challenges is waiting to get paid for […]
small business truck driver, cash flow, freight factoring, financing

Common Misconceptions About Freight Factoring

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Freight factoring is a service many trucking companies use to get paid faster. Instead of waiting a long time—sometimes up to 90 days—for customers to […]