The Pros and Cons of Working with Freight Factoring Companies

Saintjohncapital04 May, 2023Finance

Freight factoring is a financial service that provides a solution to the cash flow problems faced by many businesses in the transportation industry. It offers same-day or next-day funding, increased flexibility, and the ability to outsource billing and collection activities. The amount of funding is directly tied to your invoicing volume, and there are no collateral requirements or credit checks involved.