As an illustration, one bad thing about the load boards is the following:
Many Loads Pay in 30 – 60 Days
If trucking businesses which are at the very beginning of their career need quick cash, sometimes they can experience the road of uncertainties.
Having said this, there are shippers which actually pay from 30 to 60 days. Generally speaking, these delays can create a cash-flow gap in the owner operator’s or company’s profile.
Looking on the positive side, there are shippers which pay 4 to 8 weeks maximum and you can get the best of it by using a freight factoring program.
Thus, we transfer to the good part of using the free load boards:
Improve Cash Flow by Factoring Freight Bills
Even though factoring companies soak up your pocket money, you can use their services in order to cover the company financially for some time.
In this way, your company will be able to finance the slow-paying bills where you get immediate funds.
