The severe down-cycle in freight has decreased per-mile rates for carriers, and increased competition for work. At the same time, the elevated interest rate environment has led to higher factoring ...
Trucking companies, whether small startups or large fleets, face unique financial challenges. Cash flow gaps, delayed payments, and rising operational costs can strain even the most successful ...
Triumph Financial combines a highly profitable regional bank and factoring business with innovative, early-stage payments and intelligence offerings for the trucking industry. The company's unique ...
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