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Blog | Accutrac Capital Factoring Company

​Calculating Cost-per-Mile of Your Truck Operations (part 1 of 2): Know your Costs - Make more Money

Accutrac Capital 08-Jul-2016 0 Comments

If you don’t know the cost of each mile your trucks drive, you can run your trucking company out of business before you even know it. Knowing what your operational costs are on a per-mile basis allows you to manage expenses more efficiently and determine an appropriate per-mile rate to charge shippers. For trucking companies, this form of cost control provides the essential information needed to be profitable.

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Key Performance Indicators for Trucking Companies

Accutrac Capital 27-Jun-2016 0 Comments

If you own or manage a trucking company, you need to know the key performance indicators (KPIs) that are crucial to the success of your organization. Identifying and tracking the KPIs that are appropriate to your company’s performance is comparable to using a map and compass to evaluate direction and progress towards your strategic goals.

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Trucking Load Boards and Employment Sites

Accutrac Capital 15-Jun-2016 0 Comments
Load boards are a useful tool for trucking companies

Load boards are useful tools for trucking companies to find and acquire loads. With so many options available it's often difficult to choose a load board that best suits your needs. This article features a few of the industry's trucking load boards and employment websites to help you narrow your search and find good loads or the best trucking jobs.

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Information and Resources: Tracking the Industry

Accutrac Capital 17-May-2016 0 Comments
Current State of the Trucking Industry

Trucking is a complex industry creating a difficult management environment for business owners and fleet managers to operate in. Accutrac Capital regularly posts blog articles featuring information and opinions from industry advocates to assist in making informed decisions.

View our most recent collection of articles selected for our resource library.

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FLAT FEE FACTORING is a Game Changer!

Accutrac Capital 05-May-2016 0 Comments
Establish a financial strategy to manage the constant flux of operational costs

Establishing a solid financial strategy to manage the constant flux of operational costs is essential. What if you had the ability to calculate revenue and cost per mile while receiving payment in a controlled environment. That would be a significant step forward in minimizing variables - that would be a game changer!

Flat Fee Factoring is the game changer for many freight carriers.

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Get Cash and Save Cash along your trucking lanes

Accutrac Capital 21-Apr-2016 0 Comments
Flat Fee Factoring and Fuel Discounts creates Cash Points along the lanes you run.

Trucking is not only a capital intensive industry, but also cash flow intensive, requiring daily access to working capital. This infographic illustrates how your working fleet can access immediate funds to sustain operations while on the road. Flat Fee Factoring, Cash Advance and Fuel Discounts are industry specific financial services that create “Cash Points” along the lanes you run to keep your trucks moving and bolster your bottom line.

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How does Invoice Factoring increase profitability?

Accutrac Capital 07-Mar-2016 0 Comments
How to Increase Profits for Your Trucking Company

Factoring companies that specialize in freight transportation provide tailored funding options to help your trucking business grow and increase profitability. As the economy seeks revival throughout 2016 and beyond, it is the trucking companies that react quickly and efficiently to opportunities that will benefit the most. With immediate access to working capital, trucking companies can operate at their most productive levels; efficiency is key to profitability.

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Information and Resources: Monitoring the Industry

Accutrac Capital 01-Mar-2016 0 Comments
Monitor the Industry to run an efficient operation

To assist truck company owners and fleet managers in operating an efficient and profitable trucking business, Accutrac Capital curates a series of blog articles relevant to current industry issues.

View our most recent collection, intended to provide a snapshot of market conditions and highlight common topics of interest.

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A History of Invoice Factoring in the Trucking Industry

Accutrac 22-Feb-2016 0 Comments
Invoice Factoring is a well-established form of business financing

Invoice Factoring has accompanied and supported the trucking industry since its early days. The success of this financial arrangement is based on the expediting of payment on revenue already generated. Invoice factoring has been around for centuries and will continue to provide financial support to the trucking industry for many more.

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Financing for Trucking Companies

Accutrac Capital 04-Feb-2016 0 Comments
Financing Options for Trucking Companies

Financing your trucking company is the #1 business challenge for many owners. Freight Factoring has evolved to become a viable option as a solution for working capital and is now an increasingly popular form of financing for trucking companies.

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Improving Your Business Credit Score

Accutrac Capital 10-Dec-2015 0 Comments
Improved Credit Score will increase credibility

Improving your business credit score should be one of the main goals of your trucking company’s financial strategy. Your business credit status is often the basis for decisions other companies make about you. It pays to have a focused long term goal to foster a strong credit rating for your trucking business.

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How do Bank Covenants Affect Your Trucking Business?

Accutrac Capital 10-Dec-2015 0 Comments
How do Bank Covenants Affect Your Trucking Business

Knowing how bank covenants affect your trucking business is a critical consideration when choosing the right funding solution for your company. Loan covenants are generally associated with financial benchmarks of your business’ performance and are closely monitored by the bank to assure adherence. Read and thoroughly understand the implications prior to signing an agreement.

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Invoice Factoring & Discount Fuel Cards for Trucking Industry
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Cash Advance | Invoice Factoring | Cost Saving Solutions
Services for the Trucking Industry

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Questions? Contact Us!

Cash Advance | Invoice Factoring | Cost Saving Solutions
Services for the Trucking Industry

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