DALLAS, July 08, 2020 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (Nasdaq: TBK) (the “Company”) announced today the close of the acquisition of the transportation factoring assets of Transport Financial ...

Freight factoring is on the upswing this year as traditional banks apply stringent lending standards and truckers who are most likely to sell invoices benefit from a robust spot market, industry ...

Cash flow can make or break a trucking business. Freight factoring has emerged as a financial lifeline for carriers of all sizes, offering a way to turn invoices into immediate working capital. By ...

Covenant Logistics Group, Inc. is selling its factoring business for $132.2 million to help cut the overall debt for the Chattanooga-based trucking giant. The deal announced Wednesday is expected to ...

Bibby Transportation Finance is turning to automation and artificial intelligence to speed up the process to pay truck drivers and fleets who factor their invoices to get cash up front. The freight ...

CHATTANOOGA, Tenn., July 08, 2020 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ/GS: CVLG) (“Covenant”) today announced the sale of the transportation factoring assets of its Transport ...

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 ...

Pegasus TransTech says it is seeing significant growth in the number of transportation factoring companies using its Transflo Express truck stop scanning and Transflo Velocity products to expedite ...

NASHVILLE, Tenn.--(BUSINESS WIRE)--Bibby Transportation Finance (BTF), a division of Bibby Financial Services (BFS), announces its new client portal powered by HubTran. The new BTF client portal ...

Triumph Bancorp in Dallas has acquired a factoring business. The $5.4 billion-asset company said in a press release Wednesday that its Triumph Business Capital unit had bought assets from Transport ...

After moving to a recourse factoring relationship with MHC Financial, the 50-plus-truck Fleenor Bros. Transportation got a one-time cash infusion that was, in some ways, dangerously tempting, says ...