Washington DC
New York
Toronto
Distribution: (800) 510 0384
Press ID
  • Login
Fairmont Post
No Result
View All Result
Monday, June 23, 2025
  • Business • Financial
  • Culture • Entertainment
  • Lifestyle • Travel
  • Technology • Science
  • Environment • Conservation
  • FinTech • Blockchain NFT
  • Business • Financial
  • Culture • Entertainment
  • Lifestyle • Travel
  • Technology • Science
  • Environment • Conservation
  • FinTech • Blockchain NFT
No Result
View All Result
Fairmont Post
No Result
View All Result

Alternative Transportation Financing Option Picking Up Steam

Trucking companies choosing transport factoring over bank loans and lines of credit for ease-of-use and benefits, new Viva Capital report shows.

Craig Richer by Craig Richer
September 29, 2021
in Finance
A A
Alternative Transportation Financing Option Picking Up Steam

Viva Capital Funding

Viva Capital Funding, the leading invoice factoring company, says more transportation companies are recognizing the benefits of transport factoring. Whereas traditional lending channels such as bank loans and lines of credit once seemed ideal, the appeal of debt-free, streamlined funding is attracting more growth-minded businesses than ever before. Additional insights into the shift can be found in “Why Factoring is the Right Option for Transportation Financing,” which is now live on VivaCF.net.

Transportation companies often wind up waiting months for payment, the article notes. When paired with the industry’s notoriously thin margins, owner-operators up through mid-size fleets routinely struggle to cover expenses like ever-growing payroll, maintenance, licensing fees, and insurance.

READ ALSO

Harnessing Big Data for Smarter Financial Services: Insights From Eric Hannelius

Unlocking Real Estate Success: Allan Polendey’s Course on Foreclosure Investments to Launch This Summer

“The expenses of running a transportation company really add up,” says Viva Capital’s President and Partner, Greg DiDonna. “A lot of the smaller businesses struggle to make ends meet when their clients don’t pay in a timely manner as it is, which can put growth-related expenses even more out of reach.”

DiDonna notes that traditional transportation financing options are drying up too, so whereas a company might have been able to finance equipment or other growth-related expenses in the past, it’s not always possible now. Moreover, business owners today have weathered uncertain economic times and are hesitant to take on debt unless it’s absolutely necessary.

“With transport factoring, there’s no debt accruing,” DiDonna explains. “It works like a cash advance, so the business is always moving forward, not getting bogged down making payments on borrowed money. Plus, it can eliminate the need for quickpay options, so truckers have more freedom to choose their loads and who they work with.”

Businesses typically have a much easier time qualifying for transport factoring, Viva representatives say, and there are no stringent requirements about how many freight bills a company must factor. They can also tap into benefits like fuel advances and fuel cards through the factoring company, allowing trucking companies to save even more cash. By unlocking money tied up in unpaid invoices and reducing or eliminating unnecessary costs, once-struggling businesses gain a competitive edge and grow.

Transportation companies that are struggling with slow-paying shippers and looking for alternative funding solutions are encouraged to learn more about freight factoring or obtain a complimentary quote at VivaCF.net.

FP Newsroom

Harnessing Big Data for Smarter Financial Services: Insights from Eric Hannelius
Finance

Harnessing Big Data for Smarter Financial Services: Insights From Eric Hannelius

June 14, 2025
Allan Polendey
Finance

Unlocking Real Estate Success: Allan Polendey’s Course on Foreclosure Investments to Launch This Summer

May 11, 2025
Zafir Rashid
Finance

Zafir Rashid Discusses Cross-Border Partnerships and the Future of Global Investment

April 25, 2025
Greenfield Partners Secures $400 Million to Boost Early Growth Investments
Finance

Greenfield Partners Secures $400 Million to Boost Early Growth Investments

February 18, 2025
Jose Plehn Explains the Essentials of Effective Payroll Management
Finance

Jose Plehn Explains the Essentials of Effective Payroll Management

February 12, 2025
New York Tops List of States Payouts for Police Misconduct Settlements, Followed by Illinois and Pennsylvania
Finance

New York Tops List of States Payouts for Police Misconduct Settlements, Followed by Illinois and Pennsylvania

January 3, 2025

News in Focus

Golf-Specific Strength Training: Building Power and Endurance for the Course

NASA Astronauts to Engage With Students in Unique Earth-to-Space Events

GHRP-6 Peptide: A Scientific Overview

St. John’s Community Health: Why Oral Health is a Pillar of Overall Well-Being

Grady Paul Gaston: Pioneering Solutions in Software Engineering and Business Innovation

The New Gatekeepers: Editors as Architects of Audience Trust

Shane Schaffer Examines Innovations in Biotechnology

Harnessing Big Data for Smarter Financial Services: Insights From Eric Hannelius

BK8 Enhances Fan Engagement Through Sponsorship of the HSBC BWF World Tour Finals 2024

From Mumbai to Los Angeles: Cinematographer Eeshan Kamath’s Rise as a Visionary Talent

Vincenzo Carnovale Elaborates on Why Food is the Ultimate Connector of People and Cultures

Hogan Brooks: Leaving A Legacy of Hard Work and Virtue

Breaking the Stigma: Managing Mental Health With Chronic Conditions

The Love Odyssey: Navigating Relationships With Self-Love and Vulnerability

PG&E and Smart Wires Collaborate on Innovative Grid Enhancement Project in San Jose, CA

Data-Driven Decision-Making: How Businesses Can Improve Strategic Planning With Analytics

Ambassador William E. Grayson Named Commissioner General for USA Pavilion at Expo 2025 Osaka

Creating a Data-Driven Culture in Mission-Driven Organizations

Neutral’s Groundbreaking Ceremony Marks Milestone for Sustainable Living in Milwaukee

BK8: An Inspiration of Charitable Giving and Social Responsibility in Sports

Vialox Peptide: Speculative Research Potential

U.S. Eases Sanctions on Syria With New General License, Aiming for Economic Recovery and Stability

Golden Coast Beach Hotel: An Easy Escape to Protaras That Actually Feels Like a Break

From Struggle to Strength: How Avidator is Empowering UK Students to Master Maths and Build Academic Confidence

Optimizing Modern Data Ingestion Techniques With Tips From Nathaniel DiRenzo

Executives Are Rewiring Public Speaking Anxiety With This Science-Based Method

How to Become a Professional Trader and Investor: Lessons From Corrado Garibaldi

Sustainability Partners Takes Helm of Daily Operations for Ecofin U.S. Renewables Infrastructure Trust

Overcoming Entrepreneurial Burnout: Dustin Pillonato’s Tips for Maintaining Balance

Virtual Public Speaking: Thriving in the Era of Online Presentations

  • Kia America представляет цены и захватывающие обновления для Sorento 2025 (ICE)

https://madisongraph.com/kia-america-unveils-pricing-and-exciting-updates-for-2025-sorento-ice/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost
  • Kia Recognized as One of TIME Magazine’s “World’s Most Sustainable Companies of 2024”

https://madisongraph.com/kia-recognized-as-one-of-time-magazines-worlds-most-sustainable-companies-of-2024/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost
  • VinFast Auto Establishes Dealer Advisory Board to Enhance Customer Experience

https://madisongraph.com/vinfast-auto-establishes-dealer-advisory-board-to-enhance-customer-experience/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost
  • Medicare Announces Expansion of Coverage for Microprocessor-Controlled Knees for Lower Mobility Users

https://lincolncitizen.com/medicare-announces-expansion-of-coverage-for-microprocessor-controlled-knees-for-lower-mobility-users/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost
  • GA-ASI Successfully Tests PT6 Engine on MQ-9B SkyGuardian Aircraft

https://lincolncitizen.com/ga-asi-successfully-tests-pt6-engine-on-mq-9b-skyguardian-aircraft/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost
  • U.S. Leading Economic Index Declines by 0.2% in June 2024, Coincident Index Rises by 0.3%

https://fairmontpost.com/u-s-leading-economic-index-declines-by-0-2-in-june-2024-coincident-index-rises-by-0-3/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost
  • USTDA Director Travels to Bulgaria and Romania to Promote Clean, Secure Energy

https://belmontstar.com/ustda-director-travels-to-bulgaria-and-romania-to-promote-clean-secure-energy/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost
  • Police Recommend a Hidden Camera Detector Device to Protect Privacy

https://marketsherald.com/police-recommend-a-hidden-camera-detector-device-to-protect-privacy/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost

© 2025 Fairmont Post. Published by The Ritz Herald. Editions: Markets Herald • Lincoln Citizen • Madison Graph • Belmont Star • The Hudson Weekly

Address: 1177 6th Avenue, 5th Floor, New York, NY 10036. Removals: pr@fairmontpost.com. Phone: (718) 313-5252. Mon-Fri: 9AM-5PM. Privacy Policy

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Business • Financial
  • Culture • Entertainment
  • Lifestyle • Travel
  • Technology • Science
  • Environment • Conservation
  • FinTech • Blockchain NFT

© 2025 Fairmont Post