Why Might Cattle Carriers Need Factoring?
Owning a trucking business is an expensive venture. Insurance costs alone can be thousands of dollars per year, not to mention maintenance costs and making sure the animals are taken care of. Having a slow working capital is a stress factor that you don’t want to add into the mix. A fast cash flow proves beneficial for livestock truck drivers because they are able to easily afford fuel and any maintenance costs that may be necessary.
How to Choose the Right Factoring Company
There are tons of factoring companies in the US that would love to help your business, but how do you know which one is the right fit? That’s where we come in. We know how to get your livestock hauling trucking company funded. Not all factoring companies work with livestock carriers, but we know who does. Some qualities to look for include: low fees, flexible terms, perks such as fuel cards and fuel advances and no long term contracts.