What Is Freight Funding?
It Can Help Eliminate Cash Flow Concerns
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What is freight funding? Freight funding is the purchase of your freight bills/accounts receivable and unpaid invoices by a freight factoring company.
Trucking and transportation companies, in order to remain competitive, sometimes must offer credit terms to their customers of 30 to 90 days, but doing so may put a strain on their cash flow. Freight funding is designed to eliminate these types of cash flow problems.
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