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Five Financial Benefits Freight Factoring Companies Can Offer
The Federal Motor Carrier Safety Administration says that approximately 5.9 commercial motor vehicle drivers operate in the US and nearly 12 million trucks, rail cars, trains and other vessels move goods over the transportation network. When it comes to trucking, money is essential to keep the industry going. But in some circles, there’s the perception…
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Hiring Factoring Company
Many businesses today are based on not selling a product, but providing transportation services to other companies and businesses. How do these companies make their profits? Invoice funding. A client company will rent a carrier’s trucks and similar vehicles to deliver items, and will be charged an invoice for the services rendered. Typically, invoices are…