Tbs Factoring06 Aug, 2025Business
Freight factoring is a financial solution that allows trucking companies to receive immediate cash for outstanding invoices, enabling them to cover fuel, maintenance, driver wages, and other operating expenses without waiting for customers to settle their bills. It helps large fleets manage cash flow, reduces bad debt risk, and takes advantage of faster growth opportunities. Factoring companies should have industry knowledge, flexible contract terms, transparency, and customer assistance. Working with an appropriate AR factoring company allows fleets to increase growth and focus on service.
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