Time is a crucial resource that each business treasures and tries to change into a reward. When choosing document management application, be aware of a clutterless and user-friendly interface that empowers customers. DocHub offers cutting-edge tools to optimize your file management and transforms your PDF file editing into a matter of a single click. Insert Selected Option to the Factoring Agreement with DocHub in order to save a ton of time as well as increase your productiveness.
Make PDF file editing an easy and intuitive operation that saves you a lot of precious time. Quickly modify your documents and send them for signing without having looking at third-party alternatives. Focus on relevant tasks and boost your file management with DocHub today.
hey whats up everybody is David McGill now I was asked by a viewer Robert Nixon to explain how the factoring process works so I decided to shoot this quick video to hopefully explain this concept to anybody else out there whos unsure of how factoring works now before I explain how the factoring process works I first need to explain how to cash collection process typically works in the trucking industry now once you deliver a low for a broker and you fulfilled your part of the agreement its now time for you to get paid now what you need to do is email or fax your paper your paperwork over to the broker and thats gonna include like your your lo confirmation as well as your proof of delivery your bol s and any lumper receipts or any other receipts that you need to supply to the broker now once you deliver that lo and you send the invoice to the broker typically the payment terms could be you know anywhere from 30 to 90 days before the broker actually pays you for a small business wait