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It is these trucking services that take the goods around by road or deliver goods on the shores or to the airport to be transported overseas. Unfortunately these companies face a lot of operational issues
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Factoring companies buy your invoices and manage your accounts receivable for a certain percentage of the invoiced amount. The factoring company gives the trucking business its payment right away which
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is we buy a piece of your accounts receivable. We aren’t just loaning you money, we’re basically becoming active in your business. That is you get the money you need right now, but we have an assurance
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we strongly suggest that your accounts receivable financing company provides non notification factoring, meaning that you retain control over customer communications. If this is not an option for your
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is we buy a piece of your accounts receivable. We aren’t just loaning you money, we’re basically becoming active in your business. That is you get the money you need right now, but we have an assurance
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It is these trucking services that take the goods around by road or deliver goods on the shores or to the airport to be transported overseas. Unfortunately these companies face a lot of operational issues
-
we strongly suggest that your accounts receivable financing company provides non notification factoring, meaning that you retain control over customer communications. If this is not an option for your
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is we buy a piece of your accounts receivable. We aren’t just loaning you money, we’re basically becoming active in your business. That is you get the money you need right now, but we have an assurance
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factoring company instead of a traditional loan is that you aren't required to provide collateral to the factoring company in order to secure financing, because the company “buys” the accounts receivables;
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also called the “Assignment of Accounts Receivable” by the FASB and GAAP) is the sale of invoices, instead of invoice discounting which involves collateral in order to ensure that the individual who