For many trucking companies, cash flow is the lifeblood that keeps wheels turning. While hauling freight is the core of the business, carriers often face a frustrating reality: waiting weeks, or even ...
Companies facing a cash-flow squeeze and slow-paying customers often sell their invoices or accounts receivable to specialized companies called factors. The factor advances most of the invoice amount ...
Fleet managers who haven’t given much thought lately to freight factoring may be missing out on new ways that have emerged to leverage this financial instrument to boost operational efficiency. Mike ...
There are trillions of dollars of trade credit outstanding in the U.S. economy today, and at least a portion of it is undoubtedly creating an unnecessary cash flow burden for many small- to ...
In normal economic times, factoring has long appealed to certain fleets, especially small ones that have trouble keeping a steady flow of collections. Overdrive polling shows that almost half of owner ...
A common financial tactic used by companies to increase cash flow and liquidity is invoice factoring. Keeping a strong cash flow is essential for sustaining operations and taking advantage of growth ...
Capstone Business Funding LLC, a factoring firm for the construction industry today announced that ClearPay?, its integrated working capital and business guidance program for minority-owned businesses ...
The government in June this year had given an extension to MSMEs with Entrepreneur Memorandum – II or UAM registrations, which were valid up to March 31, 2021, till this year-end. The amendments to ...
Small and medium-sized enterprises (SMEs) are the backbone of Malaysia’s economy, contributing 38.2% to the country’s GDP and employing nearly 48% of the workforce. Despite their critical role, many ...
The share of MSEs in India’s gross bank credit in June improved after a five-month decline. The proposed amendments to the factoring law, which seek to widen the participation of financiers in ...
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