What is freight invoice factoring?

Freight invoice factoring is a financial service that allows trucking companies to sell their unpaid invoices to receive immediate cash.

How does freight invoice factoring work?

The factoring company advances a percentage of the invoice amount, and once the invoice is paid by the client, the remaining amount is released minus a fee.

What are the benefits of using freight invoice factoring?

Benefits include improved cash flow, reduced waiting time for payments, and the ability to focus on business operations without financial stress.

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Freight Invoice Factoring - page 1

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Freight Invoice Factoring

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