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Tag: cash flow
Channel 19
With PPP loan terms relaxed, consider these questions to avoid a forgiveness trap
As Paycheck Protection loan terms extend, here's how to avoid a potential loan forgiveness trap, given freight uncertainty for the rest of the year.
June 12, 2020
Business
Owner-operatorsā 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
Business
News roundup, May 14: Trump chief of staff pledges dialogue on independentsā issues
Fleet Advantage has designed a new āSale-Leasebackā program for truckers to use excess or older equipment as a cash-flow tool to offset down revenues. During a visit with D.C. demonstrators Wednesday, Trump Chief of Staff Mark Meadows pledged ongoing dialogue on independentsā issues.
May 14, 2020
Channel 19
New low-cost payments/collections platform geared toward small biz
The Melio payments/collections service offers small trucking businesses and brokers the ability to cut a check or directo deposit to a vendor from a bank-account/debit source for no fee ā 2.5 percent in the case of a credit card. Similar terms apply for use of the service for easing collections between small businesses, whether carrier or broker.
September 24, 2019
Channel 19
Cash flow, freight strategies: Report from the GATS panel of independents, small fleets
PIB small fleet panel at GATS: Substantial profit can be hard-won in the trucking business, though with diligence around business analysis and cash flow, cost control, freight market wisdom and customer relationships, an independent owner-operator or small fleet owner can set themselves up for long-term success.
August 27, 2019
Overdrive Radio
Preparing for the impossible, shutdown pessimism and the divisions in trucking history
Steve Bixler on those situations when contingency plans come up short, his long advocacy for an experienced-driver regs-review panel, the history of the āshutdownā and whatās changed since he started in the 1970s, and more in this Overdrive Radio podcast. Also: Slow roll convoy in the offing in Illinois this weekend ā¦
January 25, 2019
Channel 19
Real-time cash flow clarifies operations for small fleet
Part-owner, Kyle Cousins, discusses Fleenor Bros. Transportation's factoring relationship with MHC Financial. Learn more on Overdrive.
September 12, 2018
Overdrive Radio
Podcast: One owner-operatorās credit claw-back after identity theft | āELD or meā dates set
How did owner-operator Scott Reed find out about the theft of his identity that destroyed his good credit: He learned of erroneous warrants for his arrest out West. Hear how he repaired the situation here. Also: āELD or meā demonstration dates set for Oct. 3-7.
June 2, 2017
Business
TBS Factoring goes paperless
The company has implemented a paperless system for its fast-cash invoice-factoring core service, and also celebrated its 10,000th client, hotshot hauler Larry McNeil, with recognition and a few extras.
January 27, 2017
Business
New in-house load board, more from TBS factoring
TBS Factoring Service, increasingly fashioning itself as a one-stop shop for both cash flow and compliance solutions, is adding finding loads and saving money on fuel to the services available to customers.
April 25, 2016
Overdrive Extra
The hurdles of cash, fees and paperwork
Financial and technical prep ā the work is tedious, so consider using companies that will complete the process for you.
September 11, 2012
Business
Dollars & Sense
There is more than one way to be a business owner in trucking.
May 1, 2012
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