A Review and Comparison of APU’s for Commercial Trucks

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We Reviewed Four Diesel Auxiliary Power Units

Due to tightening regulations regarding truck idling, along with increasing truck fuel and maintenance costs, Auxiliary Power Units have become an integral part of today’s trucking fleets. Particulate reduction regulations in the Nation’s Ports and heavily traveled truck corridors require companies to significantly reduce truck idling time. Additionally, since fuel and maintenance play a significant part in fleet profitability, APU’s are quickly becoming a “must have” in today’s trucking environment. Read more

What is Invoice Factoring in 2021?

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invoice2020 was a difficult year for many businesses and 2021 may turn out to be challenging as well. With so many restrictions and unpredictable conditions, it’s especially hard for businesses that provide their services on credit.

Invoice factoring is a type of financing that helps you maintain consistent cash flow, even during uncertain times. What is factoring? Let’s take a look at what it is and why it’s one of the best financing options for businesses in 2021. Read more

Factoring Costs and Benefits

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Costs and Benefits of Invoice FactoringBefore entering into any financial agreement, you should be sure to assess the costs and net benefits. Below we are going to walk you through both the benefits and costs associated with factoring.

For most small companies, the benefits of invoice factoring fall into four main categories:

  1. Sales Growth
  2. Bad Debt Elimination
  3. Supplier Discounts
  4. Administrative Cost Reductions

The benefits are derived from the three components of full-service factoring:

  • Finance (receivables converted to liquid funds)
  • Credit Services
  • Accounts Receivable Management

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