Blog / News

Invoice factoring is a financing tool that allows your business to use its outstanding invoices to generate cash quickly and avoid waiting up to 90-plus days for customer payments. Essentially, your business is selling its accounts receivable to a factoring company at a discount.

Over the last twenty years, e-commerce has dramatically changed the way consumers spend their money and how and where they shop. The convenience of shopping online has gone on to transform the way the world functions, especially for trucking companies.

According to several national news agencies, diesel prices are continuing to drop. The new national average is $3.918 a gallon. Prices have been easing down since late April. Of course, there’s no guarantee that the prices will continue to drop.