Do you have a freight or trucking business?
Contract rates for trucking are still sliding while spot rates are flat to up, compressing freight brokerages’ gross margins.https://finance.yahoo.com/news/brokers-manage-working-capital-challenging-143339622.html
Brokers in the freight business are struggling to keep up with slimming margins in their industry. Those that want to survive need to learn how to free up working capital to ride the wave, as several more quarters of a challenging climate in the industry.
Rapid Funders helps both trucking companies and brokers in the freight industry when times are tough. Contact us today to learn more about our favorable working capital loans.