How to switch factoring companies
Tired of your current factoring company? Here’s how to switch.
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What should I do if a broker doesn’t pay?
It’s uncommon, but it can happen. So, what should you do if a broker doesn’t pay part or all of a load? Here’s a guide.
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Financial Management For Small Trucking Businesses
In the competitive trucking industry, where margins can be slim, it’s important to keep a close eye on your company’s finances.
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Owner-Operator Expenses: Budgeting For The Solo Trucker
How much does it really cost to be an owner operator? Find out with our list of owner operator expenses.
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You Asked, We Delivered. The Bobtail Mobile Factoring App Is Here!
We’ve been working on a mobile factoring app for many months and it’s finally arrived! Here’s everything you need to know about the new Bobtail mobile app.
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Four things To Do If You’ve Been Factoring With CoreFund
The worst of the CoreFund fiasco is over: yesterday (July 28, 2022), the judge in the court case about the factoring company appointed a trustee on behalf of CoreFund Capital. This means there is now an entity that (in theory) could issue releases from UCCs and NOAs, though it will likely take days or weeks…
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What Does Net 30 Mean In Trucking, And Why Does It Matter?
What does net 30 mean to carriers? Find out here, along with helpful advice on navigating trucking payment terms.
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What Is A Notice Of Assignment In The Trucking Industry?
Confused by the term “notice of assignment” in the trucking industry? It’s simpler than you think. Here’s what you need to know.
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What Is Factoring In Trucking? A Factoring FAQ
Factoring can get your invoices paid a lot faster. But what is factoring in the trucking industry in particular? Find out in this detailed FAQ.
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Low Down Payment Semi Trucks: A Path Toward Purchase
We won’t sugarcoat it: Purchasing a semi truck is a heavy financial lift. Don’t expect to buy new for less than $100,000—and depending on the features you need, the price will probably be a lot higher. Even with lender financing, you’ll need a down payment that could range from 10% all the way up to…
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6 Invoice Factoring Risks And How To Manage Them
Like any financial tool, factoring carries certain risks. Here are the invoice factoring risks truckers should watch out for—and ways to avoid them.
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Freight Factoring Contracts: What To Watch For
Find out the details to watch for in any factoring contract—and why it’s usually better to go without any contract at all.
