Learn what a letter of release in this article from altLINE. We'll walk you through what to look out when factoring trucking invoices.| altLINE
Every invoice factoring company structures a deal a little differently, so it’s often difficult to compare proposals. Don't be fooled..ask about "float."| altLINE
A factoring contract is an agreement where a small business sells outstanding invoices to third parties — known as factors — in exchange for upfront cash.| altLINE
A bank factoring company is FDIC-insured and regulated at the state and federal level, while independent factors are far less regulated.| altLINE
The lockbox payment process is an efficient way for account debtors to transfer payments, particularly when invoice factoring.| altLINE