Why is Freight Factoring the Backbone of Modern Logistics Operations?

Freight factoring has become an essential financial tool in the fast-moving logistics industry, where delayed payments often disrupt cash flow. With shippers and brokers taking 30 to 90 days to settle invoices, trucking companies face challenges covering fuel, wages, and maintenance. Freight factoring solves this by providing immediate access to most of the invoice value, ensuring steady working capital.

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Is Freight Factoring Safe for New Trucking Businesses?

Freight factoring is a financial service that changes unpaid invoices into instant cash. You sell said invoices to a factoring company instead of having to wait 30, 60, or even 90 days before brokers or the shippers pay up. They finance you 85 percent to 95 percent of the invoice within 24 to 48 hours. The balance is freed to you immediately after the customer makes a payment, but at a low fee. Freight factoring is no magic bullet, but it is a potent tool in the hands of the wise.

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