The Bittersweet Shipping Industry Outlook for 2019
Between the global trade war and unprecedented shifts in supply and demand, 2018 was a wild year for the US shipping industry. Such a volatile global shipping market begs the question: “What will 2019 bring?” A Bittersweet Outlook Overall for 2019 Shipping Companies A quick glance shows a promising outlook for the shipping industry nextRead More
5 Fastest Ways to Lower Commercial Truck Insurance Rates
Despite what most insurance companies show you upfront on their websites, the truth is, the actual costs of commercial truck insurance rates are often hidden from view. There’s a million variables that affect interest rates for commercial trucks and equipment. Luckily, there’s also a ton of things you can do right now to lower interestRead More
Freight Factoring 101: Trade Slow Payments for Immediate Capital
Freight factoring is facing a surge in popularity among trucking and transportation companies across the US. Trucking business owners are sick of waiting for their invoices, so they started turning to freight factoring companies to turn their slow customer payments into immediate cash. With peak season in full swing, NBC has been flooded with requestsRead More
7 Busted Myths About Invoice Factoring
Just saying the words ‘invoice factoring’ leaves a bad taste in the mouths of most business owners. There’s a few myths about invoice factoring that cloud the truth of it actually being one of the easiest, fastest ways to turn invoices into much-needed cash. To help, NBC’s Business Financing Advisors got to work busting theRead More
Top 3 Commercial Truck Financing Options
Commercial truck financing has been on the forefront of every transportation business owner’s mind recently. With the transportation industry growing faster than anticipated – about 3.5% each year – preparing for the increasing boom in business has never been more urgent. Use Business Trucking Loans for Any Purpose, for Any Industry With new commercial trucking business loansRead More
When is Purchase Order Financing Right for Your Business?
Here’s common scenario: a business receives a significant purchase order that would generate substantial profit. But the profit isn’t the only benefit to a large purchase order! It also deepens competitive advantage, boosts brand visibility, and creates a strong customer relationship that could lead to several more purchase orders down the road, along with highRead More
