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4 Ways Freight Bill Factoring Helps Trucking Companies Succeed

November 11, 2022 By Engs Commercial Finance

Freight Bill Factoring, also called Invoice Factoring gets invoices paid faster

If you’re a veteran trucker, or already looking at cash flow solutions for your business, you’re likely familiar with freight bill factoring which means you’re ahead of the curve.  This factoring primer is for the new owner-operator, or business owner who’s either boot-strapped the business to this point, or whittling away at a bank loan […]

Filed Under: Blog, Working Capital Tagged With: big rig trucking business, Factoring, Freight Bill Factoring, running a trucking business, Working capital

Tips For Working With A Load Broker

January 3, 2022 By Engs Commercial Finance

Negotiating Load Broker Fees as a Small Carrier

Picture this. Every time you hunt for a new load as an owner operator or independent trucking company, you have to deal with load brokers. However, it never fails that something goes awry with your commercial truck and trailer loads. The load broker might have failed to share some important information, or you may have […]

Filed Under: Blog, Transportation Tagged With: Independent Operator, Load Broker, Owner Operator, running a trucking business, start a trucking business, Trucking Business

Using Technology to Stay Connected To Your Drivers

November 30, 2021 By Engs Commercial Finance

Social Media for Truckers

Over the past decade, the method of media consumption has experienced a growing departure from television and newspaper to Social Media platforms.  According to Pew Research, nearly half of all media discovery or consumption occurs on Social Media platforms including Facebook, Instagram, Twitter, LinkedIn, and even TikTok.  It’s no wonder then, that opinions are formed […]

Filed Under: Blog, Transportation Tagged With: big rig trucking business, Long Haul Trucking, OTR Trucking, running a trucking business, Trucker Life, Trucking Business

Prepare Your Commercial Trucks for Winter

November 14, 2020 By Engs Commercial Finance

Winterizing your Big Rig Truck

North America is a beautiful continent to explore throughout the year—with 4 distinct seasons through much of the northern regions.  The gorgeous reds, oranges, and golds of Fall will swiftly change to bare trees and ice and snow up north.  Fortunately, we have time to plow through the winter maintenance checklist.  If you don’t have […]

Filed Under: Blog, Transportation Tagged With: big rig trucking business, Long Haul Trucking, running a trucking business, Truck Maintenance, Trucking Business

A Surge in One-Way Freight; Truckers Stepping Up To Meet Demand

March 27, 2020 By Engs Commercial Finance

Surge in One-Way Trucking Due To COVID-19

I’m sure you’ve been to the grocery or big-box store in the last 3 weeks—paper products? GONE. Disinfectant sprays and wipes? OUT. Frozen foods and pasta? SLIM PICKINGS.  It seems our strength and resolve is being tested on three fronts: healthcare, economic, and grocery availability.  While medical professionals and pharmaceutical researchers are receiving an abundance […]

Filed Under: Blog, Transportation Tagged With: big rig trucking business, OTR Trucking, running a trucking business, trucking safety

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