Rule of the Road – Cash is King

There are many industries in which companies have the opportunity to get by on a sharp sales pitch and reliance on future returns to fund present expenses and investments. Trucking, as you are likely aware, is not one of these industries. Individual truckers and small trucking companies are forced by the very nature of their occupation to perpetually have access to liquid resources. A client’s failure to submit timely and proper payment for services rendered can greatly interfere with this fundamental business need. Left unchecked, a small collection of delinquent clients can ground the most ambitious of dreams.

Do not let your financial success or independence be adversely affected by an irresponsible or antagonistic client. Truck factoring can grant you the funds that you need to continue with operations and can free you from the distress that accompanies the uncertainty of whether you will be able to collect on an unpaid invoice. Contact the experienced freight factoring professionals of TBS Factoring Service, L.L.C., at 800-207-7661.

The Importance of Having Cash on Hand

The expenses incurred at the outset when you choose to make a living as an independent trucker or the owner of a small fleet are substantial. Recruiting and training employees, obtaining the equipment and space necessary to properly manage them, and purchasing and insuring the vehicles all place a significant burden on your finances. But that’s only the start of a never-ending need. Cash is usually necessary for all of the following:

• Driver wages
• Fuel costs
• Food and lodging expenses
• Tolls
• Maintenance and repair bills

Contact Us

It only takes 24-48 hours to open an account with us and to begin receiving payments for the unpaid invoices that are leaving you and your company with empty pockets. Call now. Contact the freight factoring professionals of TBS Factoring Service, L.L.C., at 800-207-7661.