TruckingOffice – #1 Trucking Software For Truckers
In simple English, freight factoring is a way to get paid after delivery but before net-30.
Freight factoring is selling an invoice for a completed delivery to a factoring company – a financial institution – that will pay a discounted value of the invoice and take over the billing process, so the payment is redirected to them.
The post Intro to Freight Factoring appeared first on TruckingOffice.
[[{“value”:”TruckingOffice – #1 Trucking Software For Truckers
In simple English, freight factoring is a way to get paid after delivery but before net-30.
Freight factoring is selling an invoice for a completed delivery to a factoring company – a financial institution – that will pay a discounted value of the invoice and take over the billing process, so the payment is redirected to them.
The post Intro to Freight Factoring appeared first on TruckingOffice.”}]]
[#item_full_content] TruckingOffice
Recent Comments