Uncertain about recourse vs. non-recourse freight factoring? Understanding the difference is crucial to optimizing your cash flow strategy. Recourse factoring offers lower fees but holds you responsible if clients don't pay. Non-recourse puts the risk on the factoring company (for a higher fee), ensuring you get paid even with late payments. This guide dives into the pros and cons of each option, helping you choose the approach that best aligns with your risk tolerance and customer payment history. Navigate the world of freight factoring with confidence and unlock smoother financial operations for your hauling business.
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