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Tag: Factoring

Understanding Freight Factoring: How It Can Benefit Truckers

Understanding Freight Factoring: How It Can Benefit Truckers

In the trucking industry, cash flow is king. Truckers often face long payment cycles, sometimes waiting 30, 60, or even 90 days to receive payment for completed jobs. This delay can create significant financial strain, especially for small trucking companies and owner-operators. One effective solution to maintain a healthy cash flow is freight factoring. This article explores what freight factoring…

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