Tag: cash flow crisis
How borrowers, sometimes unknowingly, sign away their assets in MCA contracts
When signing a merchant cash advance contract, understanding important legal provisions can help owner-operators and small fleets avoid signing away assets.
June 29, 2020
‘I will take your daughters’: Abusive business lenders under increasing scrutiny from FTC
The U.S. Federal Trade Commission is seeking restitution for customers for fraud and abusive practices by merchant cash advance providers. More on Overdrive.
June 25, 2020
Struggling small fleets stung by aggressive cash advance lenders
Thousands of small fleets and other trucking-related entities have been saddled with unworkable merchant cash advances. More on Overdrive.
June 22, 2020
How load factoring companies’ diverse services help some fleets grow
Factoring companies can be effective tools for small fleet growth as an outsourced back office. Find growth rates for factoring versus non-factoring fleets.
June 18, 2020
Sharing risk: Load factoring offers strategic value amid economic contraction
In the current economic environment, factoring companies can be more valuable partners than usual for risk management. Read more here on Overdrive.
June 15, 2020
Owner-operators’ cash flow crisis: Borrowing outside of SBA, other debt-relief strategies
Lending resources & other strategies to help owner-operators and small fleets manage a cash-flow crisis, whether or not caused by coronavirus-impacted economy.
June 11, 2020
Buying money, buying time: Survival strategies for cash-strapped owner-operators
As the economy tiptoes to recovery, among the biggest issues facing owner-operators is cash flow. Explore strategies to cope in Overdrive's three-week series.
June 8, 2020
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