The Midnight Trucking Radio Network talked to representatives from FreightCheck and Bibby Transportation Finance, who explained the differences between factoring and bank financing and the types of services that can help truckers identify reputable partners. Time is money for truckers, so these two experts explained how they can get paid for loads quickly (as fast as eight hours) and get back on the road.
Tag Archives: cash flow
A Small Business Owner’s Secret Weapon
September 14, 2011 – 4:09 pm
When you’re looking to run your business as lean as possible, taking a hard look at expenses is the natural thing to do. Annual subscriptions and industry organization dues may seem to be an easily expendable luxury but, in fact, they’re quite the opposite.
Three Ways Truckers Can Navigate Uncertain Times
September 8, 2011 – 3:14 pm
If you listen to the news, you’ve probably heard an earful on the uncertainty of the economy. For every encouraging piece of news, we are told something discouraging. The American Trucking Association recently released figures that showed truck tonnage rose 3.9% in July from a year ago, but it also fell 1.3% from June ‘11. To help our trucking clients navigate these unexpected ups and downs successfully, we asked our transportation team for a few nuggets of advice.
5 Handy Apps for Small Business Finance Management
August 17, 2011 – 3:51 pm
Mashable.com just came out with a quick reference guide on 5 Handy Apps for Small Business Finance Management. It features some useful apps, such as one to help you easily handle expense reports. Another aggregates all of your receivables and payables onto one easy-to-understand dashboard and provides budget recommendations.
Increasing Liquidity in the Automotive Supply Chain
April 26, 2011 – 1:11 pm
Reprinted from April 2011 issue of The Commercial Factor
The automotive market is heading toward a growth spurt, giving factors enormous opportunity to help fuel the growth of this country’s single largest manufacturing employer.
Pent up demand, consumer confidence and a shift towards fuel-efficient vehicles will spearhead this automotive Renaissance. Industry analyst Lindsay Chappell predicts, “The U.S. [...]
Why U.S. Businesses Should Ramp up Export Efforts Now
March 16, 2011 – 3:57 pm
Goldman Sachs market analysis predicts the U.S. will emerge a strong exporter this year that will share in the growth of the emerging powerful Bric countries (Brazil, Russia, India and China). Are you ready to take advantage of this trend?
Temporary Staffing Offers Good News
August 12, 2010 – 1:16 pm
As our economy limps forward with stubbornly higher than predicted unemployment rates, temporary staffing remains one of the few industries that offer a sliver of good news.
Factor Export Initiative Into 2010 Strategy
January 29, 2010 – 8:55 am
In Wednesday night’s State of the Union address, President Obama brought to the forefront a smart strategy for small businesses to boost sales now, while the U.S. economy continues to slowly recover.
Small Business and the Missing $11.6 billion
December 18, 2009 – 4:55 pm
We all know that the engine of any modern economy is entrepreneurial small businesses. Well, maybe someone needs to tell that to the bankers.
