In the ecosystem of commercial finance, recent media headlines have reportedly proclaimed the so-called death of factoring : ...
Invoice finance and factoring are financial solutions designed to improve cash flow by leveraging outstanding invoices. However, they differ in terms of operational approach and the level of control ...
Freight factoring has become a significant financial tool for businesses, yet opinions on its efficacy vary widely. Known as accounts receivable (A/R) financing, factoring involves trading invoices ...
Bibby Transportation Finance is turning to automation and artificial intelligence to speed up the process to pay truck drivers and fleets who factor their invoices to get cash up front. The freight ...
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 ...
Maintaining cash flow and working capital is the biggest problem for many small and medium-sized businesses (SMBs). One of the main reasons that it’s a challenge is slow-paying clients. Online invoice ...
LOLC Finance PLC, the largest non-banking financial institution in Sri Lanka, brings to light the significant role of its Factoring Business Unit in providing indispensable financial solutions to ...
Love’s Travel Stops has made its single biggest acquisition in the factoring business by scooping up three companies in a deal that closed Friday. In an email to FreightWaves, Neely Campbell Thomas, ...
Invoice finance and factoring are financial solutions designed to help businesses access cash tied up in unpaid invoices. Both methods provide quick access to working capital, but they differ in how ...