In this way, you will be able to pay for the insurance, truck repairs and fuel, on time.
How amazing is that?
As a matter of fact, it is the beauty of the factoring companies.
If you ask me, it is more of a reasonable deal to make than with a bank. Normally, the banks take a kind of percentage or rate of interest once you get the loan.
On the other hand, freight bill factoring companies have lower rates for the transportation companies and they are 1.5%.
In this way, using their services, you get lower rates, 95% high advances and you can choose the type of funding services you want to receive.
They Get High-Quality Equipment
As you know the complexity of the transportation industry, you need the right equipment in order to provide a first class and fast service.
The equipment is the most expensive decision that transportation companies ever have to make.
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Continually, after you select the necessary equipment, the next step is to make the following decision: “Should I lease or buy the equipment?”
