National Advance Group – Freight Factoring Explained

11/9/18 How does Freight Factoring work with National Advance Group? We proudly provide freight factoring services for medium to larger sized trucking companies. We aim to satisfy the needs of our customers in every aspect possible. As a factoring company, also referred to as a “factor”, we purchase freight bills at a discount, providing up-front funds to a client for …

National Advance Group – Introduction to Truck Financing

At National Advance Group, commercial truck finance and equipment finance are our strong suits. We are actively involved in the industry of trucking and transportation financing. We assist finance managers on funding deals for their customers. National Advance Group works with finance managers across dealerships nationally such as Premier Truck Group, Arrow Truck Sales, MHC Kenworth, and Campbell Freightliner to …

Could Self Driving Trucks Be Good for Truckers?

The outlook for trucking jobs has been grim of late. Self-driving trucks, several reports and basic logic have suggested, are going to wipe out truckers. Trucking is going to be the next great automation bloodbath.But a counter-narrative is emerging: No, skeptics in the industry, government, academia are saying, trucking jobs will not be endangered by autonomous driving, and in the …

5 Advantages of Heavy Truck And Equipment Financing

The equipment-intensive nature of the trucking businesses can easily put significant financials train on anyone. The proper equipment is necessary to get the job done right, and good equipment can cost some serious cash if you decide to pay up front. These front-loaded equipment costs are often an insurmountable obstacle for many would-be businesses – but not always! Here are 5 advantages …

Tips to Commercial Truck Financing

  Commercial truck financing can be a formidable obstacle to the uninitiated. Questions about cost, down payment, type of vehicle and credit needed are some of the determinations which need to be assessed when considering a truck purchase. Each individual circumstance, such as credit, can affect a buyer’s ability to secure financing. As detailed here down payment amounts and monthly finance payments …

Recreational Vehicle Battery Global Market Report Forecast to 2025

Recreational Vehicle Battery Global Market Report is a professional and in-depth research report on the world’s major regional market conditions of the Recreational Vehicle Battery Market, focusing on the main regions and the main countries (North America, Europe, China, Japan, Southeast Asia and India). Recreational Vehicle Battery Global Market Report from Market Insights Reports covers market characteristics, size and growth, …

The Future of Transportation Factoring

The core principles that every transportation factoring company should practice are: Getting to know your customer, and the industry they work in. When considering the future challenges of your client, and the changes on the horizon, the factor will be better prepared to deal with the hurdles along the way by understanding the intricacies of the transportation industry. Although there …

Account Receivable Factoring / Alternative Financing

Accounts receivable financing is an affordable way for small businesses to receive funds for their business expenses while awaiting payment on all outstanding invoices.   Financing accounts receivable has similarities to a traditional loan in that a lender offers funds in exchange for a fee assessed as a percentage of the loan. Unlike a traditional loan, accounts receivable financing is …