Archive for June 30, 2019

Advance Invoice Loans Allow Many Companies to Pay Their Bills

Written by Fred on . Posted in Business invoice factoring, Invoice advance loan

It may be the hottest days of the summer, but there are many companies who are already receiving the Christmas merchandise that they will need to make sure that they are ready for the busiest shopping seasons of the year. When these companies have to make their purchases so many months in advance, however, they often find themselves stretching their budgets to pay for items that will not be sold for nearly a half of a year. These businesses, of course, rely on the sales of current summer items to help pay for this money that they owe on the Christmas merchandise.
And while many of us may be aware of the advanced ordering that retail stores need to do, we may not know that there are trucking companies across the country that are also paying expenses like drivers’ salaries, weeks, sometimes months, be fore they will receive the money that is owed to them by their own customers. In these cases, freight factoring services offer a solution. In fact, the latest research indicates that Fa