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Invoice Factoring Category | Accutrac Capital Factoring Company

Act with Caution when Buying New or Used Equipment

Accutrac Capital 17-May-2018 0 Comments
Use Freight Factoring to support Equipment Acquision

Following years of monetary restraint, many trucking companies are now better positioned to update working equipment. But consider carefully before taking on long term debt. Freight Factoring supports growth without the restrictive covenants and monthly obligations a bank imposes on lenders.

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Will the IoT Save Trucking Companies Money in the Long Term?

JVBRoadWork 14-Mar-2018 0 Comments
Trucking Companies will Save with the IoT

Fleet companies will want to be a lot more proactive with the IoT rather than reactive for one simple reason: taking advantage of it will save them money, especially in the long term.

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Embracing Technology to Survive and Prosper

Accutrac Capital 17-Apr-2017 0 Comments
Trucking Companies rely on alternative financing such as Freight Factoring to embrace new technology

The key to survive and prosper for today's trucking companies is to embrace modern technology and stay current by continually upgrading. Ensuring your company has the working capital to support this activity is a critical necessity. Freight bill factoring has become a mainstream financial strategy for a growing number of trucking companies to meet this need.

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Trucking is Essential to Affordable Health Care

Accutrac Capital 03-Apr-2017 0 Comments

Health care logistics is an important niche segment in the trucking industry that requires specialized facilities, equipment and personnel. Even though the demand for qualified transportation in this sector is high, it is an exceptionally controlled service that proves difficult for trucking companies to sustain profitable operations. To help manage the fiscal obligations needed to support operations, many trucking companies are utilizing the cash flow benefits of Freight Factoring to ensure steady and reliable access to operating funds.

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Recruit and Retain Truck Drivers with Freight Factoring

Accutrac Capital 13-Mar-2017 0 Comments
Use Freight Factoring to improve Cash Flow and Recruit Drivers

Most trucking companies have had a huge challenge to remain profitable during the difficult era following the financial crisis of 2009. With market trends now turning in favor of trucking companies, they are in a stronger position to sustain profitability and support stable employment conditions. To combat the ever present driver shortage, freight carriers need financial stability to recruit and retain professional drivers. Freight Factoring provides the financial stability of uninterrupted cash flow.

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Protecting the North American Way of Life

Accutrac Capital 23-Feb-2017 0 Comments

An invoice factoring company for trucking is a prime example of a dedicated service provider with a mandate to strengthen trucking companies. Despite being a critical service, trucking is an industry exposed to tremendous challenges that threatens its very existence. A growing driver shortage, emerging government regulations and restricted funding options are just a few of the issues that impede the vitality of commercial trucking.

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Why Choose Recourse Factoring vs Non-Recourse

Accutrac Capital 01-Feb-2017 0 Comments
Recourse Factoring is the preferred choice over Non-Recourse Factoring

Once a freight carrier decides to use invoice factoring to gain control of its cash flow, it then becomes a question of whether to use Recourse or Non-Recourse factoring. Perhaps the most misunderstood form of invoice factoring is Non-Recourse. It is commonly believed that a Non-Recourse factoring agreement safe guards the carrier against financial loss if a customer fails to pay their freight bill for any reason. In reality, this is not correct! The Preferred Choice is Recourse Factoring.

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How to Finance your Trucking Company in 2017

Accutrac Capital 09-Jan-2017 0 Comments
Freight Factoring for your Trucking Company

2017 is expected to be a positive period of economic growth. This year, the long awaited start to freight capacity contraction is expected to take hold in the third and fourth quarters. This signals the return to higher demand in the freight transportation industry and a need for carriers to plan ahead for growth. A growing number of trucking companies are turning to the distinct advantages of freight factoring to gain immediate access to working capital.

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Factoring Provides Financial Certainty

Accutrac Capital 24-Nov-2016 0 Comments
Invoice Factoring creates certainty with immediate access to working capital

Factoring companies provide a vital element of certainty to owners of trucking companies pursuing financial stability in these uncertain times. By utilizing the inherent benefits of invoice factoring, owners gain immediate access to working capital, a critical necessity in this capital intense industry.

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Invoice Factoring is a Mainstream Financial Strategy for Trucking

Accutrac Capital 24-Oct-2016 0 Comments
Invoice Factoring for Trucking is Mainstream

As the world around us undergoes rapid change, so too does the trucking industry. It is important to embrace new technologies and rethink old perceptions. Invoice factoring is a prime example of an old concept deserving of re-evaluation. It is now regarded by a growing sector of the industry as an important financial tool to leverage capital, improve collections, minimize risk and reduce expenditures. Invoice factoring for trucking is now considered a mainstream financial strategy to grow fleet operations in this low growth environment.

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Calculating Cost-per-Mile of Your Truck Operations (part 2 of 2): Make More Money

Accutrac Capital 22-Aug-2016 0 Comments
Calculate Cost-per-Mile to Make More Money

Performing the cost-per-mile calculation regularly on your fleet operations is key to making more money for your company. Its not what you earn in revenues thats most important . . . its what you retain as earnings. How much you keep depends on how much you spend. Knowing how much you spend is key to determining how much you need to charge for services. Setting rates higher than expenses yet remaining competitive is one of the most essential exercises in determining the financial health of your trucking company.

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

Accutrac Capital 08-Jul-2016 0 Comments

If you do not 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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Invoice Factoring & Discount Fuel Cards for Trucking Industry
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Cash Advance | Invoice Factoring | Cost Saving Solutions
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Cash Advance | Invoice Factoring | Cost Saving Solutions
Services for the Trucking Industry

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