By vanko on August 2, 2011
If you have just started your transport company, then you would probably be wishing for a way, to have ready cash in your hands to pay off your daily and recurring expenses. Well, there is a way for making your freight company grows and it is called ‘Freight Factoring’.
Freight factoring is a financial tool available [...]
Posted in Develop Your Skill | Tagged company, factoring, freight, grow, make, transport, with, your
By vanko on August 1, 2011
Transportation Company owners have to face a typical situation in dealing with clients who pay the freight bills in 30 to 60 days. They have daily cash expenses to take care of. They have to pay the driver’s wages, fuel bills, and vehicle and tire repair expenses. The expenses have to be met urgently while [...]
Posted in Develop Your Skill | Tagged company, easy, factoring, Finance, freight, the, to, transportation, way, your
By vanko on July 31, 2011
If your small truck fleet business has just hatched out of a container, then you would have realized that just delivering goods and deducting your fuel expenses and salaries does not equal to profit. There are loads of other related expenses as rent, insurance, bad debt, breakdowns, etc which have to be calculated before you [...]
Posted in Develop Your Skill | Tagged a, boon, factoring, fleet, for, freight, owners, small, truck
By vanko on July 29, 2011
If you are an exporter of goods to other countries, then at some time or the other, you must have faced a cash crunch and wished that you had ready cash in hand, instead of having to wait for your customer’s payments to arrive. Well, you now have a way of getting ready cash against [...]
Posted in Develop Your Skill | Tagged factoring, for, how, international, invoices, works
By vanko on June 26, 2011
If you are running a small to medium freight company, then you must be losing sleep, worrying about getting cash on time to meet your expenses and getting your payments from customers on time. This is where freight factoring can help your business go from slow to quick growth.
When you haul freight for your customer [...]
Posted in Develop Your Skill | Tagged about, companies, factoring, freight, know, must, what
By vanko on May 11, 2011
For any trucking company, hauling goods around requires instant cash to take care of fuel bills, salaries, and recurring expenses such as truck servicing and tire replacement bills and also unexpected expenses such as breakdowns. If you are praying to god for relief, then your prayers have almost been answered, with a little “Factoring Fee” [...]
Posted in Develop Your Skill | Tagged about, all, bill, factoring, freight, know, need, to, you
By vanko on May 10, 2011
Many businesses face a typical problem of long delay ranging up to 60-90 days or even more to receive the payments for the job completed and delivered. In their attempt to achieve the next big order the businesses ignore the need for funds for this next order. So how do you arrange for capital required [...]
Posted in Develop Your Skill | Tagged factoring, how, industry, the, works
By vanko on May 9, 2011
If you own a truck fleet or are a freight broker, then you would know that cash on hand is an important condition like a mirage in the desert. On the one hand you have customers, who would be paying your freight bills after 30 to 60 days and on the other hand, you have [...]
Posted in Develop Your Skill | Tagged and, brokers, can, factoring, freight, how, truckers, use
By vanko on May 9, 2011
If you are running a business, you would know that the term ‘cash on hand’ looks good only on paper and in reality it is always ‘cash out of hand’. Finance, or rather lack of it is what cripples your business. This is where factoring can help finance your business.
When you sell your products to [...]
Posted in Develop Your Skill | Tagged and, Business, factoring, Financing, your
By vanko on May 8, 2011
If you are a freight broker, i.e. arranging transport to haul goods between carriers and shippers, then you could be wishing that you had ready funds to tide over those days while you wait for your credit freight bills to mature. Well, now there is a way. It’s called freight broker factoring.
Fuel expenses and payment [...]
Posted in Develop Your Skill | Tagged broker, factoring, Financing, freight
