How to Offset Cost With Fuel Discounts

Fuel costs can quickly accumulate across the vast distances that fleet drivers travel to get from loading to delivery points along the nation’s freeways. For managers of fleets, one of the chief operating concerns is to lower costs as much as possible, including in the area of fuel spending. One of the best ways for … Continue reading “How to Offset Cost With Fuel Discounts”

Top 12 Tips for Women Truck Drivers

The trucking industry is tough — and for female truck drivers, it can be even tougher. Although the trucking industry as a whole has become more welcoming to female drivers in recent years, women still represent a small minority of truckers. According to 2018 data from the Bureau of Labor Statistics, just 6.6% of the 3.55 … Continue reading “Top 12 Tips for Women Truck Drivers”

Why You Need a Fuel Card as an Owner-Operator

The highly competitive trucking market in the U.S. today means even small owner-operator businesses need to think big to compete. It used to be that programs such as fleet cards were reserved for large national lines. Nowadays, fuel cards can help even small fleets save big money when it comes time to fuel up. Here … Continue reading “Why You Need a Fuel Card as an Owner-Operator”

18 Benefits of Being a Truck Driver

Should you become a truck driver? Many people have asked that question while scanning prospective fields in the job market. Whether you are just now entering or contemplating a career change, the idea of being a truck driver might come with mixed feelings. People associate the job with the ability to drive – a skill … Continue reading “18 Benefits of Being a Truck Driver”

9 Benefits of Being a Truck Driver

Truck drivers keep our nation running. From local runs to cross-country treks, truck drivers and trucking companies get all of our goods where we need them. Driving a truck has its challenges, but it’s also a rewarding line of work. Our team here at FactorLoads is proud to support the trucking industry and giving a … Continue reading “9 Benefits of Being a Truck Driver”

8 Ways to Save Money as an Owner-Operator

Running your own business can be rewarding, but it also takes a lot of hard work, dedication and patience. There are days where it seems you’re putting out more money than you’re taking in. Here at FactorLoads, we built our business on finding affordable and flexible factoring solutions for small and medium owner-operator businesses. Check … Continue reading “8 Ways to Save Money as an Owner-Operator”

How Do Freight Brokers Benefit From Factoring?

Freight brokers are squeezed from both ends. They have customers that may take 30 or more days to pay their bill, while carriers demand payment right away. When cash is flowing out faster than it is flowing in, keeping above water is difficult. If you are a freight broker looking for a way to improve … Continue reading “How Do Freight Brokers Benefit From Factoring?”

What Is Freight Factoring? Common Factoring Questions Answered

When it comes to fleet operation, timeliness is everything. Unfortunately, expenses arise that are often hard to cover due to the delayed timetable on which clients pay their bills. To account for this delay, freight factoring companies give fleets the option to get the bulk of the cash up front. For smaller fleets and owner-operators, … Continue reading “What Is Freight Factoring? Common Factoring Questions Answered”

Freight Factoring Tips for Owner-Operators & Small Fleets

Trucking fleets of various sizes use freight factoring as a way to speed up cash flow. So how does freight factoring benefit owner operators? The benefits are numerous, from upfront cash to billing services and other back office assistance. With the following tips for factoring, you too can make an informed choice on the best … Continue reading “Freight Factoring Tips for Owner-Operators & Small Fleets”

How To Get the Best Factoring Rate – What to Look Out for When Choosing a Factoring Company

What is Truck Factoring & How Does it Help? In the commercial trucking business, one of the most crucial aspects of the trade is to fulfill deliveries as soon as possible. However, the payments from customers — which can take anywhere from four to six weeks on average — are slow when you consider the … Continue reading “How To Get the Best Factoring Rate – What to Look Out for When Choosing a Factoring Company”