Last year was a treacherous time to be in the logistics industry. While experts are more optimistic about 2024, flipping the calendar over to January did not offer instantaneous relief. Brokers and ...
In June 2020, TBS Factoring and OTR Capital formed a joint partnership to help truck drivers during the pandemic. Through a program called Pandemic Protection Program, the finance firms offered a ...
Once a carrier has made the decision to use freight bill factoring to improve cash flow, it quickly becomes a choice between using recourse or non-recourse factoring. At first glance, non-recourse ...
Nationwide Commercial Credit, Inc. (NCC) offers a specialized freight broker non-recourse factoring program designed to optimize cash flow and ensure timely payments to carriers. NCC's program ...
BANGALORE, India, Oct. 8, 2024 /PRNewswire/ -- Invoice Factoring Market is Segmented by Type (Recourse Factoring, Non-recourse Factoring), by Application (Domestic, International), by Enterprise Size ...
NEW YORK--(BUSINESS WIRE)--White Oak Commercial Finance, LLC (“White Oak”), an affiliate of White Oak Global Advisors, LLC, announced it provided a $3 million non-recourse advance factoring facility ...
NEW YORK--(BUSINESS WIRE)--White Oak Commercial Finance, LLC (“White Oak”), an affiliate of White Oak Global Advisors, LLC, announced it provided a $10 million non-recourse factoring facility to a ...
Invoice factoring is a financial solution that allows businesses to sell outstanding invoices to a factoring company for immediate payment rather than waiting for their customers to pay those invoices ...
Trucker Path announced last week it has secured $30 million through Flexible Funding to boost its in-app factoring services for owner-operators. The company’s InstaPay factoring service, which ...
Love's Financial (Love's), a member of the Love's Family of Companies, has acquired two freight factoring companies: Vero Business Capital of Memphis, Tenn., and Foley Business Capital of Omaha, Neb. ...