Freight Factoring Vs. Traditional Loans: Which Is Right For Your Small Fleet?
July 12, 2023 ⚊ 1 Min read ⚊ Views 67 ⚊ BUSINESSSmall fleet operators have a choice between freight factoring and regular loans with advantages and disadvantages. Traditional loans which provide a flat sum that can be utilized for a variety of business needs, may take longer to get and demand ongoing interest. Freight factoring adapts to the fleet’s operational requirements, allowing for expansion and varying demand.
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