Last year was a treacherous time to be in the logistics industry. While experts are more optimistic about 2024, flipping the calendar over to January did not offer instantaneous relief. Brokers and ...
For many trucking companies, cash flow is the lifeblood that keeps wheels turning. While hauling freight is the core of the business, carriers often face a frustrating reality: waiting weeks, or even ...
Once a carrier has made the decision to use freight bill factoring to improve cash flow, it quickly becomes a choice between using recourse or non-recourse factoring. At first glance, non-recourse ...
TORONTO, Ont. – Generating consistent cash flow is one of the greatest challenges facing small fleets or start-ups, which has given rise to the prominence of invoice factoring. With margins in the ...
In June 2020, TBS Factoring and OTR Capital formed a joint partnership to help truck drivers during the pandemic. Through a program called Pandemic Protection Program, the finance firms offered a ...
NEW YORK--(BUSINESS WIRE)--White Oak Commercial Finance, LLC (“White Oak”), an affiliate of White Oak Global Advisors, LLC, announced it provided a $3 million non-recourse advance factoring facility ...
NEW YORK--(BUSINESS WIRE)--White Oak Commercial Finance, LLC (“White Oak”), an affiliate of White Oak Global Advisors, LLC, announced it provided a $10 million non-recourse factoring facility to a ...
As you might have already experienced, it is not unusual for small businesses to be short on cash. Depending on the industry you operate in, you might find yourself stacking up unpaid invoices from ...
The pandemic took a heavy toll on the factoring market. Access to finance via UK government support schemes meant that invoice factoring and discounting was less of a priority for businesses, while ...
Nearly six years back, Jonathan Brindley, founder of Toronto-based Liquid Capital Advance Corp., set out to develop a factoring company. The goal was to create an entity that would provide small- and ...