Factoring – Real Life Example Why Companies Factor
[ad_1] Any company that experiences a steep increase in sales will generally experience a cash flow shortage. Like the trucking company that just landed a large account and now has to hire more drivers and pay for more fuel for their trucks on a weekly basis, then wait for 60 days to get paid for the loads. The runs are non-stop around the clock, but the cash flow is not. Running inventory must be acquired to ship the loads as…