Invoice factoring lets you get cash for unpaid invoices in exchange for a percentage of the invoiced amount. Factoring can either be recourse, where you'll owe the full invoice amount if your customer ...

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 ...

Cash flow is the lifeblood of any business, especially motor carriers who must cover their fuel, payroll and other operating expenses long before shippers and brokers pay freight bills. “If you don’t ...

Invoice factoring is a financial solution that allows businesses to sell outstanding invoices to a factoring company for immediate payment rather than waiting for their customers to pay those invoices ...

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 ...

Invoice financing allows you to borrow against your outstanding invoices. With factoring, you're selling your invoices to a factoring company at a discount. Many, or all, of the products featured on ...

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 ...

It can be a quick way to get financing, but it could lead to cash flow issues if used regularly If your small business needs funding, invoice factoring can help improve your cash flow. For a fee, ...