For many trucking companies, cash flow is the lifeblood that keeps wheels turning. While hauling freight is the core of the business, carriers often face a frustrating reality: waiting weeks, or even ...

Invoice factoring lets you get cash for unpaid invoices in exchange for a percentage of the invoiced amount. Factoring can either be recourse, where you'll owe the full invoice amount if your customer ...

In June 2020, TBS Factoring and OTR Capital formed a joint partnership to help truck drivers during the pandemic. Through a program called Pandemic Protection Program, the finance firms offered a ...

United States, 8th Aug 2024 - In the trucking industry, one of the biggest challenges is managing cash flow. Late customer payments can put a lot of strain on finances, making it hard for businesses ...

Discover lender rights with recourse loans: seize collateral in defaults, differences from non-recourse loans, implications, ...