Understanding Freight Bill Factoring: A Lifeline for Trucking Companies
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For many trucking companies, cash flow is the lifeblood that keeps operations running smoothly. But in an industry where invoices often take 30, 60, or even 90 days to be paid, maintaining steady cash flow can be a serious challenge. This is where freight bill factoring comes in—a financial solution that allows trucking companies to turn their unpaid invoices into immediate cash.
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