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What Is Freight Funding?

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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)

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