Leveraging Truck Factoring Companies to Capitalize on the 2025 Freight Market Rebound
Truck factoring is a financial service that allows trucking companies to receive immediate payment for unpaid invoices, enhancing cash flow management in the industry. Trucking companies send invoices directly to brokers, who receive a cash advance on the invoice amount. The factoring company handles billing and collection, while the trucking company receives the remaining amount after a fee. Read more: http://bit.ly/4lNLTvb
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