TruckingBlogger.com | Blog

A ccounts receivable financing and freight  factoring are essential funding options for a trucking company that is billing customers on credit terms of up to 90 days.  Freight factoring can eliminate cash flow problems due to unpaid invoices and can further h elp protect carriers against bad debt. The fact is that unpaid invoices can negatively impact a company's operation, invoice and receivables factoring can help solve cash flow problems quickly.  More information:  www.1sttruckingfactoring.com

  What Is Freight Funding? 1 (888) 331-3839 What is freight funding for transportation carriers and trucking companies in general?  Freight funding is the purchase of account receivables/freight bills by a freight factoring company, it provides capital/cash to the carrier typically within 24 hours after the invoice is presented. Freight funding is a necessary funding tool for most carriers, it is designed to help eliminate cash flow problems based on unpaid invoices. More information:  What is freight funding? (1sttruckingfactoring.com)

Many trucking companies inadvertently may be constraining themselves by offering credit terms to their customers of 30 to 90 days and then having to wait to get paid. Freight factoring can eliminate the cash flow constraints associated with unpaid invoices. Talk to a cash flow professional today to discuss options on how to improve your cash flow quickly.  Contact us www.1sttruckingfactoring.com

  Professional grade trucking and transportation freight factoring services: Simple process from start to funding Up to 97% advances on freight bills Non-recourse freight factoring Factoring facilities up to $35 million Factoring tailored to your needs Factor only the invoices you choose Competitive rates and flexible terms Fuel Card for added convenience Manage account online Track payments and collections Free invoicing and collections Free load board Free credit checks on your customers And more We are a dedicated team of experienced trucking and transportation freight factoring professionals, and since 1978 have been helping transportation companies with their immediate and ongoing funding needs. https://1sttruckingfactoring.com/

Invoice factoring and accounts receivables financing are products we offer to help companies improve cash flow and further protect from bad debt. The fact is that unpaid invoices can negatively impact a company's cash flow, invoice factoring can help solve a company's cash flow problems quickly. More information: https://www.1sttruckingfactoring.com

 U.S. Department of Labor Announces Proposed Rulemaking to Implement Executive Order, Increase Wages for Workers on Government Contracts.  U.S. Department of Labor (07/21/21) The U.S. Department of Labor has announced a Notice of Proposed Rulemaking to establish standards and procedures to implement and enforce Executive Order 14026, “Increasing the Minimum Wage for Federal Contractors,” signed by President Joe Biden on April 27.  The Executive Order will increase the minimum wage for workers performing work on or in connection with covered federal contracts to $15 per hour beginning Jan. 30, 2022; continue to index the federal contract minimum wage in future years to an inflation measure; ensure a $15 minimum wage for workers with disabilities performing work on or in connection with covered contracts; and restore minimum wage protections to outfitters and guides operating on federal lands. The department invites comments from the public on the proposed rule at regulatio...

Professional grade trucking and transportation freight factoring services: Simple process from start to funding Up to 97% advances on freight bills Non-recourse freight factoring Factoring facilities up to $35 million Factoring tailored to your needs Factor only the invoices you choose Competitive rates and flexible terms Fuel Card for added convenience Manage account online Track payments and collections Free invoicing and collections Free load board Free credit checks on your customers And more Simple form at http://www.truckingapplication.com

  Livestock Hauling Factoring 1 (888) 331-3839 Livestock hauling factoring is available to carriers (no sole-proprietorship) with well-experienced management and a strong client base, and subject to certain criteria, for example: We treat livestock hauling factoring deals like any other trucking factoring deal There might be certain issues when our customer is dealing with produce under the Perishable Agricultural Commodities Act ( PACA ) There could be a problem if the trucker is delivering livestock on a sale that is subject to payment Or the trucker is a distributor or middleman and there are concerns such as the farmer getting paid for his livestock If our customer is just hauling the livestock like any other load and has other non-livestock loads to factor, there should be no problems We also look at personal credit and debtor credit This is an affiliate program with a team of freight factoring professionals that are experts on the cash flow issues that trucking...