By now, you likely have realized how important it is to have a high credit score, especially when running a business. A high credit score will unlock more financing opportunities, better funding options, and will give your business a better reputation with venders. [Read more…] about How To Fund Your Business Even With Bad Credit
credit analysis and risk assessment
Understanding Invoice Factoring
Over the last several years, invoice factoring has gained significant popularity as a means of growing trucking and transportation companies. Customers often take an inordinate amount of time to pay outstanding invoices, and some can take as much is three months to pay you for work that cost you upfront in fuel and payroll costs. Invoice factoring — also known as freight factoring — has become a go-to financial resource for trucking companies of all sizes, because it allows them to turn outstanding invoices into immediate cash. However, not every factor is the same, and it pays to do some research before entering into a partnership with a freight factoring company. [Read more…] about Understanding Invoice Factoring