The true cost of delayed payments in trucking
In the trucking industry, time is money—but waiting on broker payments can cost you both. With payment terms stretching 30, 60, or even 90 days, trucking companies often face serious cash flow challenges that can slow down operations and limit growth.
The impact of delayed payments
Fuel & maintenance costs – Without steady cash flow, covering essential expenses like fuel, truck repairs, and maintenance becomes a challenge.
Limited growth opportunities – When funds are tied up in unpaid invoices, investing in new equipment or hiring additional drivers isn’t an option.
Financial stress – Late payments can disrupt payroll, insurance renewals, and loan repayments, putting unnecessary strain on your business.
How factoring can help
Freight factoring ensures you get paid the same day you deliver, eliminating long waits and keeping your business moving. At Source Funding, we provide fast, reliable cash flow solutions so you never have to put your operations on hold.
- Turn invoices into immediate cash
- No more waiting for slow broker payments
- Stay ahead of your expenses and expand your business
Don’t let unpaid invoices slow you down
Partner with Source Funding and keep your trucking business rolling without financial roadblocks. Contact us today to get started.