Did you get off the redeye to Washington DC for your meeting? That was the transportation industry. Did your entire household, carefully packed by the movers in Detroit and consigned to Miami, Florida, accidentally get offloaded in Kalamazoo, Michigan? That was shipping.
Shipping and Transportation are the industries of motion. If it moves by air, sea, or ground, whether it is a person or freight, raw or finished material, it is all part of the shipping and transportation industry.
There are various funding options when the transportation industry is left waiting for payment after the load has already been delivered and payment delayed. Factoring can turn your accounts receivables into cash. Operations can be financed, while a business credit card can ease the financial burden. Freight bill factoring, over the road equipment, and equipment factoring can help provide the funds to keep your hands on the wheel and your truck/trucks on the road.
Regardless of your need, our experts at K-WAM Financial Solutions have the solution to lighten your company’s LOAD. For additional information, send a message to our team, Click here.