Factoring
Recourse vs. Non-Recourse Factoring: How Trucking Companies Can Protect Their Cashflow
Getting paid for the loads you haul should be predictable — not a roll of the dice. Yet many trucking companies don’t realize how much financial risk they’re accepting until an invoice goes unpaid. One of the biggest factors determining who absorbs that loss is whether you use recourse or non-recourse freight factoring. At a high level, recourse factoring offers lower fees but places the risk of nonpayment on the carrier. Non-recourse factoring costs slightly more but shields your business if a
4 min read
