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 […]
Factoring of debtors
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 […]
