Factoring
- News
Ransomware target Apex Capital declares systems ‘back up and running’
A week after Apex Capital Corp., and its subsidiary, TCS Fuel, were targeted in a ransomware attack, Apex said Monday that it’s business as usual.
Read More » - News
Carriers unable to pay drivers, buy fuel after CoreFund Capital closes
Hundreds of small-business truckers who use CoreFund Capital to factor their accounts receivable are struggling to stay afloat after the company abruptly closed its doors.
Read More » - Trucking
ComFreight offers accessible factoring options for new, small brokers
Traditional loans or recourse factoring are not the only ways to get carriers paid and build up credit. ComFreight has set out to help brokers…
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TriumphX aims to make its mark streamlining trucking payments
TBK Bank division wants to optimize payments and cash-flow management for the freight industry
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Live demo preview: Show me the money
As part of FreightWaves’ The Future of Supply Chain event, Axle Payments will be demonstrating its payment automation software.
Read More » - Trucking
Truckstop’s new CEO sees scaling, integration as major challenges
The load board at Truckstop.com remains the core business but integrating it with other operations is seen as providing opportunity.
Read More » - News
Factoring has proven successful for new and small carriers looking to grow
Summar focuses on helping small carriers with one to 30 trucks sustain and grow their businesses.
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4 reasons why factors turn to TriumphPay
Small and midsize factoring companies are able to achieve a competitive advantage, which many previously thought was impossible without millions of dollars of investment.
Read More » - Finance
BasicBlock building path to same-day factoring — for free
Zero-percent factoring will be able to provide relationships and data that can be used as a foundation for other trucking support businesses, according to BasicBlock’s…
Read More » - Finance
TriumphPay calls out achievement of first fully automated factoring payments
Triumph’s CEO Graft is not holding back, likening the automated deals to the invention of the telephone in terms of technical significance.
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