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Who Ever Heard of Freight Factoring Companies that Offer These...
There are many benefits of freight factoring companies financing. For starters, most lenders do not require a business plan or tax documents to make this type of loan. Also, freight factoring companies financing allows freight companies to free up capital that is tied up in inventory. When you receive an accounts receivable loan, the lender uses your company's freight accounts receivable as collateral. You then repay the loan as your customers pay their freight receivables.
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