Factoring, Trucking Tips April 23, 2024 What Can Carriers Do If They Aren’t Paid? Freight brokers provide access to loads and lanes that you may not otherwise be able to run, and those can become a fruitful source of revenue for your business. However, payments from freight brokers may...
Take advantage of early payment discounts by setting up dynamic discounting protocols. These arrangements encourage early invoice settlement by offering a discount for payments made before the due date. For instance, a vendor might offer a 2% discount on the invoice total if paid within ten days ...
Invoice factoring vs invoice discounting Can I choose which invoices to factor? What are some other terms I might like to know? How do factoring companies assess the creditworthiness of my customers? What is a factoring agreement? Can invoice factoring be used for international transactions? Are...
In this blog, you’ll hear from Chad Boblett, owner of Boblett Brothers, LLC and founder of the popular Facebook group, Rate Per Mile Masters. Based out of Lexington, Kentucky, Chad spends his days operating his business, providing expert advice within his… Read Article Trucking Tips ...