Freight Factoring of Small Fleets: Cash Flow Financing that Keeps the Trucks On the Road

Small fleet freight factoring assists in the management of cash flow in case shipper payment is late. Most of the small trucking companies take weeks to be paid and this may put pressure on fuel costs, maintenance, and driver payrolls. Under freight factoring, invoices are turned into working capital shortly after delivery which enables fleets to run even without relying on loans. This solution can ensure stable operations besides assisting the owners to plan expenses more confidently. Small fleets have the advantage of quicker access to funds, less back-office and added shippers credit checks that decrease payment risk.
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