In normal economic times, factoring has long appealed to certain fleets, especially small ones that have trouble keeping a steady flow of collections. Overdrive polling shows that almost half of owner ...

Factoring has helped many a new fleet to get on its feet, and it also has helped established fleets to grow or smooth out irregular cash flow. Over the years, the addition of other services has ...

Transfix, a digital freight marketplace, has expanded its product suite with the Transfix Factoring Program powered by BAMFi. The program is designed to unlock money for carriers upfront at a rate of ...

DAT Freight & Analytics is partnering with OTR Capital to expand factoring services available to freight brokers and carriers through DAT’s load board network. OTR Capital provides fast, reliable ...

SEATTLE--(BUSINESS WIRE)--Convoy, the nation’s most efficient digital freight network, today announced Convoy Factoring, powered by Apex Capital, a new payment service for carriers that provides same ...

However, under a conventional factoring agreement, the supplier makes the delivery and then sells its invoice(s) or accounts receivable (AR) to a third-party, often to a bank or financial institution ...