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Trucking Factoring Tips At Integrity Factoring, we understand that purchasing a new semi can be a significant expense for any trucking company. As with any major equipment, acquiring a new truck typically requires leasing or buying it. What is the wisest investment? Let’s take a look at the following information associated with each financing option…

Invoice Factoring Trucking companies are vital to the American economy and support businesses big or small throughout the country. By picking up and delivering billions of tons of goods each year, trucking companies enable these businesses to thrive. However, owning a trucking company requires specialized knowledge and a lot of hard work. If you are…

Invoice Factoring The economy is unpredictable and the demand for certain products and services fluctuate depending on a wide variety of reasons. That’s why it’s important to stay on top of business finances, especially in the early stages of company development in order to avoid bad debt. Bad debt is money you are unable to…

Invoice Factoring Tips If you’re in the process of starting your own trucking company, you’ve probably heard the phrase “starving startup”. Why? Most people assume that the odds are against them when it comes to surviving their first year in business. In reality, however, approximately 75% of small business startups make it past their first…

Invoice Factoring Tips Developing a prompt approach to billing and collecting client payments is extremely important to maintaining the financial strength of your company. That’s why Integrity Factoring would like to provide you with the following invoice factoring tips for handling collections to improve company cash flow. Know Your Clients Working with clients that you…

Most trucking businesses use bookkeeping programs that effectively enable them to design their company’s invoice within minutes. Simply put in some key data, drop your logo onto the invoice and you’re ready to send. Be that as it may, some bookkeeping programs may not walk you through the fundamental components that should be included. Having…

Every small business goes through rough patches when money is tight while trying to make ends meet. In fact, over 50% of small businesses fail within the first four years due to a lack of money. Furthermore, cash flow problems can also lead to other problems, including: Inability to plan for the future Inability to…

With November just around the corner, winter is well on its way. This means dangerous driving conditions for truck drivers everywhere. At Integrity Factoring, we care about our clients. That’s why we’d like to provide you with some critical winter safety truck driving tips, whether you are new to the industry or have years of…

Becoming your own boss as an owner-operator can be a wonderful thing. While growing a new trucking business comes with many challenges, there are many rewards, as well. Making more money is probably the single most important one. That’s why Integrity Factoring would like to provide you with the following tips for surviving in the…