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Old 20th October 2017, 03:52 PM   #1
AngelBiz
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Join Date: May 2010
Location: Detroit, MI
Posts: 1,117
Default How Can Freight Factoring Help To Keep Your Trucking Business Viable

Everyone knows that money can get in the way of any relationship ó and that means business relationships can be compromised when money issues arise. Small, midsize, and even large business owners understand that maintaining sound relationships with customers and vendors is of the utmost importance. To avoid compromising these relationships you will need to manage your cash flow, and this takes a great deal of diplomacy and tact.

If, for example, one of your major customers refuses to pay in a timely fashion, but still wants you to continue hauling loads for them, difficulties can emerge. Sometimes, your biggest clients are also your slowest to pay. Some companies can take 30, 60, or even 90 days to pay invoices, but you donít want to press the issue because of how much business they bring you. Also, 90 days is often the standard for large invoice turnaround, so many companies are dealing with this issue each and every day.

Read more - http://www.smallbizviewpoints.com/20...siness-viable/

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