Blog | Accutrac Capital Factoring Company

Blog | Accutrac Capital Freight Factoring Company

National Truck Driver's Appreciation Week

Alma Bailey 0 Comments

Through unexpected complications, long days at the wheel, and lonely nights, a driver’s life is full of adventure and stories most other jobs may never offer. Travelling over 100,000 miles annually, the well-travelled truck driver breathes the air of more cities in a year than most people will during their lifetimes.

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How to Calculate Working Capital for Your Trucking Company

Alma Bailey 0 Comments

Whether you have a good understanding of finances or just a basic knowledge, the most important thing to understand and manage is your operation’s working capital in order to support your trucking business. Sometimes referred to as operating capital, working capital is the life blood of your company. Working capital pays the bills and sustains your trucking operations. Knowing how to calculate net working capital and being financially prepared is essential to the success of your trucking business operations.

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5 Tips to Accounts Receivable Management for Trucking

Accutrac Capital 0 Comments

Get paid faster. Accounts Receivable Management is a critical task that needs to be performed regularly and professionally in order to fully manage your trucking companys cash flow. The speed with which your company converts its invoices into cash can have a tremendous impact on the overall health and profitability of your trucking business.

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Factoring Line of Credit vs Business Line of Credit

Alma Bailey 0 Comments

You have a thriving business, a fleet of trucks and a pool of drivers that produce good revenues and yet your cash reserves are always low. How do you keep operations moving when fuel expenses, driver salaries, maintenance costs and so many other expenses keep draining available working capital?

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4 Tips for Collecting on Accounts Receivables

Accutrac Capital 0 Comments

It can be one of the most frustrating things when running a trucking business. You've done a great job, delivered your shipment on time. And then your customer doesn't pay on time or takes up to 90 days to pay. Learn how ot improve your accounts receivables collection process with these easy tips that will help you collect on your freight bills faster.

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How to Use Freight Factoring in Your Trucking Business Plan

Alma Bailey 0 Comments

To succeed and grow your trucking business you need a plan. Part of your financial strategy should include a means of keep cash flowing into your company.

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How to Calculate HVUT for Form 2290

Alma Bailey 0 Comments

Just a few short months ago your trucking company had to pay its 2018 taxes. But it’s not over yet, another truck tax is looming just around the corner. The Heavy Vehicle Use Tax (HVUT) Form 2290 is due September 3rd, 2019.

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Press Release: Accutrac Capital Solutions Inc. Acquires eCapital LLC

Alma Bailey 0 Comments

Accutrac Capital Solutions Inc. is pleased to announce the acquisition of eCapital LLC, a leading transportation factoring company that provides cash flow solutions to transportation, freight and logistics companies throughout the US.
 

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Alleviate the Pain of Payroll with Freight Factoring

Alma Bailey 0 Comments

Its mid-week and all your trucks are outbound delivering freight. Sounds like a good scenario, but is it? Friday is looming, drivers will be returning and payday is just a few days away. Do you have the cash flow to meet payroll?

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The Essential Checklist to Starting Your Own Successful Trucking Business

Alma Bailey 0 Comments

If you are planning to start your own trucking business or just got your authorities this article will help get your new company started on the right track.

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How to Get Your Own Authority in Trucking

Alma Bailey 0 Comments

Once you have experience as a truck driver or owner-operator it’s a natural progression to want to run under your own authorities. Having your own trucking business provides complete independence and the opportunity to earn more money! Find out how to get your own trucking authorities and reap the benefits.

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Infographic: The Essential KPIs for Trucking Companies

Alma Bailey 0 Comments

Whether you are a 1 truck company or a growing fleet, knowing your KPIs is critical in gauging the success of your growing trucking company. Check out our infographic to learn more about the essential KPIs you need to know to kick your business into high gear.

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