Prime Interest Rate

Understanding Prime Fees in Freight Factoring

Understanding Prime Fees in Freight Factoring Freight factoring is a crucial financial tool for trucking companies, offering immediate cash flow by advancing funds against invoices. Among the various fees associated with factoring, prime fees are a standard cost charged by most factoring companies. These fees represent the broader cost of…
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Source Funding provides financial support to carriers in the transportation industry. We understand the industry and have over 20 years of experience, which is why our clients put their trust in our hands.

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