Associated with
Swaroop Rai
2 min read
Money Power: Alternative Lending for Carriers - What is Freight Factoring?
For business owners in the freight industry, collections take time, manpower, and expertise. And even with all the right tools in place, payments to carriers are rarely made immediately. The industry-standard collection period is 40 days, but some run to 60, or even 90 days.
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