Invoice factoring is an account receivable financing plan which transforms unpaid invoices into instant cash under 90 days. This allows companies or businesses to get the funding they can use to facilitate their business operations. According to the Wall Street Journal, the factor advances most of the invoice amount, normally 70% to 90%, after assessing…
Category: Invoice funding companies
A Guide For Choosing A Freight Factoring Company
Almost 12 million rail cars, trucks, vessels, and locomotives move goods over the transportation network. The trucking industry is one of the markets that has attracted a significant number of investors. The urge for people to move goods throughout the country and globally has seen an increase in freight and logistics companies. However, as some…
