Triumph Business Capital
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Blockchain
Graft: smart contracts will reduce factoring costs
Smart contracts will lower the labor costs—and thus the price—of receivables factoring, but don’t expect same-day payments because the technology won’t change fundamental capital requirements,…
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Cash Flow Corner
Pros and cons of an extended warranty program
Cashflow Corner presented by TriumphPay You’ve taken the leap and decided to purchase your own truck. Or maybe you run a small fleet and have a…
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Cash Flow Corner
Automation offers cost-saving solution to cash flow problems
Manual processes may appear cheaper at first, but studies have shown that switching to automated accounting programs for account payables and receivables saves money in…
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Cash Flow Corner
Key data points for the year in freight
With third-quarter GDP coming in at 3.2% growth and fourth-quarter GDP also expected to best the 3% mark, which would be the third consecutive quarter…
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Cash Flow Corner
How a factor can turn your fleet into a profit center
When you run a trucking business that has weekly and daily bills such as salaries and fuel, but shippers pay at 30, 60 or even…
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Cash Flow Corner
How to control your fuel costs
Fuel surcharges have a long history in the transportation industry, dating back to the Arab oil embargo in 1973 by most accounts. While the early…
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Cash Flow Corner
What you will pay under the House, Senate tax plans
Filing your taxes can be confusing enough, try writing tax law. The complications in writing a tax law is one of the reasons the nation…
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Cash Flow Corner
Finding the right hauling rate for your operation
Chances are pretty good you got into trucking to make money. Some carriers, though, continue to suffer through lean year. They are always running short…
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