What is Freight Factoring? How Does it Work?

The Scoop On Freight Factoring

In simple terms, factoring is a financial transaction that turns your invoices into immediate cash. It is a widely accepted method that eliminates the wait and worry of getting paid. Factoring unlocks money already earned, so you can put the funds to use right away.

Transportation businesses turn to eCapital a freight factoring company to help manage receivables collection and billing. We simplify every step of getting paid, so you can focus on what is needed to run your business better.

Originally published at https://ecapital.com on July 12, 2022.

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eCapital a tech-enabled finance provider in N.Amer. & U.K offers business lending through invoice/freight factoring, asset-based lending, payroll funding & more

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eCapital

eCapital

eCapital a tech-enabled finance provider in N.Amer. & U.K offers business lending through invoice/freight factoring, asset-based lending, payroll funding & more