So, you’ve decided to opt in favor of factoring in order to sort out your cash flow woes? Well, you’ve made an excellent decision. Factoring is a fantastic way to make sure your business cashflow stays in shape till the actual profits roll in. However, before you do enroll into a factoring program, make sure […]
Business invoice finance
How Factoring Saved a Trucking Business
Background The client was a privately owned long haul transport business. They had never heard of factoring. They were trading well, Dad drove one truck and Son drove the other. Everything was going well enough so they decided to purchase a new Truck (Prime Mover). Not long after that, a friend of the family died […]
Invoice factoring is not only for big businesses?
There are lots of finance options that suit business owners who have a large established businesses. Often these won’t suit your transport businesses. One finance tool to consider is invoice factoring. Sometimes this is called debtor finance, invoice factoring or even freight note factoring for transport companies or truckers. In can solve a lot of […]
