Jul
27
2009
Factoring: Real Life Example Why Companies Factor
Posted by: in Home Mortgage Online, tags: Cash Flow, Clock, Excerpt, Factoring Companies, Random, Steep Increase, Trucking Company, TrucksRandom Feed wrote an interesting post today on
Here’s a quick excerpt
by Wade Henderson Any company that experiences a steep increase in sales will generally experience a cash flow shortage. Like the trucking company that just landed a large account and now has to hire more drivers and pay for more fuel for their trucks on a weekly basis, then wait for 60 days to get paid for the loads. The runs are non-stop around the clock, but the cash flow is not. Inventory must be produced and shipped to fill these mushrooming orders even though incoming cash reflects sal
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