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Trucking Factors. What Every Trucking Company Ought To Know...
Cash flow continues to be the number one factor for most trucking businesses that provide trade credit, and are looking to grow. So, not surprisingly, increasing numbers of trucking companies are turning to trucking factors--an arrangement by which a trucking factors provide 'full service' or 'co-operative' control of the debtors ledger, and advances funds on the value of money owing--thereby significantly strengthening a trucking business's cashflow.
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