Factoring
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Finance
Transfix launches carrier payments factoring at 0.99 percent cost
Digital freight brokers continue to add services in the pursuit of carrier stickiness.
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News
Broker efficiency starts in the back office
As more signs in the truck freight market point to decreasing demand and excess capacity, brokers are looking for better ways to increase the efficiency…
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TriumphPay
Breaking the lock on carrier payments
Cash flow – the life blood of a trucking operation – is under more pressure than ever as shippers continue to push out pay dates…
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News
FreightRover shakes up leadership team after Celadon indictment
CEO Eric Meek and COO Danny Williams — who pleaded guilty to securities fraud last week — are no longer with the freight payments company.
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News
Wintrust Bank: the financiers of Chicago’s high-growth 3PLs
Wintrust’s working capital lines of credit leave brokerages with more control than equity raises and have lower cost-of-capital than factoring.
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News
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News
Rapid-fire pitch: TriumphPay provides a quicker, safer carrier payment solution
TriumphPay presented its product to a room of 1,000 transportation, technology and finance executives at MarktWaves18 in Dallas, Texas.
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News
BAM makes factoring a powerful tool with a finance and tech double whammy
Incongruent payment cycles make it hard for low-credit businesses to fund their operations. BAM is a Fintech solution for the world’s oldest method of raising…
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News
FreightWaves presents as one of Venture Atlanta spotlight companies
35 companies are being spotlighted in Venture Atlanta 2018, double the number of last year. These companies are already successful and making strides in a…
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Cash Flow Corner
Common factoring mistakes trucking companies make
Cashflow Corner presented by TriumphPay ...Factoring can be a great way for small businesses, especially trucking companies, to manage their cash flow effectively and not…
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