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Thursday, 2 May 2013

How to maintain cash flow for a transportation company?

Cash is a must for the smooth functioning of a company. I own a trucking firm and due to the recession, firms who we have offered transportation services have denied to pay due amounts in time. I understand their problem, but I was too in the middle of a great cash problem. I have to make payments to my drivers and truck maintenance. I opted to look for alternative sources from where I could get funds in order to pay employees.

In the middle of all these problems I came across the service of www.cashfactor.com. I found that they offer services exclusively for the trucking industry. I was overwhelmed to know that they pay the same day and also do not ask for a guarantor or original paper in order to fund.

I decided to get a contract with the credible services of Transportation factoring companies Colorado. I contacted them through their toll free number that I found on the web-page. They told me about the simple and fast process of offering cash. They told me that they would upload the funds available based on the creditworthiness of my customers. If my customers are declared factorable then they will offer cash the same day.

To know whether my customers are factorable or not the http://www.cashfactor.com/ checked it over the internet. If the company has good credit ratings then it means that my shipment is factorable. This is easy to detect and I detected it via their website.

The Freight bills Pennsylvania services also offers fuel services. Through this service I was able to load the truck with fuel at a nominal price. I am satisfied by the services of CashFactor and want to recommend them to all the freight units who are looking for immediate monetary help.

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