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What is Freight Factoring? Is it a Wise Move for Your Freight or Trucking Business?

Trucking companies are always looking for ways to improve their cash flow and optimize their operations. One way to do this is by using freight factoring. Freight factoring is a financial transaction in which a company sells its accounts receivable (invoices) to a third party (factor) at a discount. The factor then assumes the responsibility …

What is Freight Factoring? Is it a Wise Move for Your Freight or Trucking Business? Read More »

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