Recourse vs Nonrecourse Freight Factoring: How to Choose the Right Fit for Your Cash Flow
In the trucking industry, delayed payments can put serious pressure on finances. Freight factoring offers a reliable solution by turning unpaid invoices into fast cash, helping trucking companies cover fuel, payroll, repairs, and daily operations without waiting 30, 60, or 90 days for shippers to pay. Carriers sell invoices to a factoring company, which advances most of the invoice value upfront and releases the remaining balance once payment is collected. The key choice is between recourse and nonrecourse factoring. Recourse is more affordable but places non-payment risk on the carrier, while nonrecourse offers added protection at a higher cost, helping maintain steady cash flow.
Read our blog to know more:
https://medium.com/@saintjohnc....apital/recourse-vs-n
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