As customer payments slow and bad debt rises, small businesses turn to factoring to reduce billing overhead, improve ...
Selecting the right technology partner for our future was critical...XEN is that partner.”— Phil Cohen, President of ...
Freight factoring has become a significant financial tool for businesses, yet opinions on its efficacy vary widely. Known as accounts receivable (A/R) financing, factoring involves trading invoices ...
Invoice factoring is a form of invoice financing where you sell unpaid invoices to a third party in exchange for cash up front, rather than waiting for your customers to pay. It’s a common practice ...
Trucking companies, whether small startups or large fleets, face unique financial challenges. Cash flow gaps, delayed payments, and rising operational costs can strain even the most successful ...
As the owner of a growing business, you might consider ways to sustainably finance your company. Two popular options are supply chain finance programs and invoice factoring. Supply chain finance ...
The deals closed Dec. 19, expanding Love's freight factoring business. The three firms, based in Oklahoma City, Chicago and Charlotte, N.C., added about 3,400 customers and primarily serve small- to ...
Invoice finance and factoring are financial solutions designed to improve cash flow by leveraging outstanding invoices. However, they differ in terms of operational approach and the level of control ...
Triumph Financial combines a highly profitable regional bank and factoring business with innovative, early-stage payments and intelligence offerings for the trucking industry. The company's unique ...