Quite simply, load factoring is a way for businesses to acquire the accounts receivables payments that are owed to them faster, so they don’t have to wait long periods of time to be reimbursed. Factoring is similar to the way a credit facility lends a company money, but without the need for collateral. For the trucking and freight industry, this means that trucking companies will no longer have to bear the burden of front-loading fixed costs over a lengthy duration. With an immediate cash advance from Thunder Funding, your business can operate at full strength.
Contact Thunder Funding for details.