Start A Trucking Company

Start A Trucking Company There is a lot to think about when starting your own trucking company.  First, do as much research as possible.  Read everything you can, especially about trucking regulations and about the costs of starting and operating a trucking company.  You’ll need to become familiar with the different requirements prescribed by the…

UNDERSTANDING FACTORING TERMS

UNDERSTANDING FACTORING TERMS In case you’re new to factoring, we thought an explanation of some common terms might come in handy: Account Debtor: Also known as the customer.  A company that purchases products or services from the factoring client and who will pay the invoice that is factored.  Accounts Receivable: Money owed to a business by its…

WHY CHOOSE NON-RECOURSE FACTORING?

WHY CHOOSE NON-RECOURSE FACTORING? Trucking Partners has offered non-recourse factoring services for several years.  Non-recourse factoring is the purchase of accounts receivable (freight invoices) for cash. Trucking Partners pioneered the use of non-recourse factoring for small-medium sized motor carriers including many startup companies. Non-Recourse Factoring Benefits Cash Flow: Trucking Partners purchases freight invoices providing motor carriers…