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The Secret to Being Wealthy - Our Invoice Factoring Company Can Provide
Your Freight Company The Money Your Company Needs

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Small freight businesses, particularly those who have actually not been around for really long, will typically find it difficult to secure a loan. Banks are typically hesitant to provide money to businesses that do not have a lot of income and assets. They also desire evidence of the viability of a company and thus require that most operations, specifically small ones, be in company for a particular quantity of time before they want to turn over any money. Since of this, a medium-size business typically has a couple of cash creating choices when needs occur. One option available, however often overlooked, is receivable Financing. This is an exceptional means for a medium-size company to get cash.

 

 

 

 

 

 

 

You Can Laugh at Money Worries - if You Follow This Simple Plan - Pick A Truck�Factoring Company  Instead Of A Typical Bank Financing

Exactly how to Enhance Cash Flow Without Borrowing -Cash Money flow is among the main reasons businesses fail.

At one time or another, every company, even effective ones, have actually experienced bad cash flow.

Cash flow does not have to be an issue any ever more. Do not be deceived -- banks are not the only places you can get funding. Other options are offered and you do not have to borrow. Exactly what is truck factoring ? One option is called truck factoring. Trucking Factoring is the procedure of offering invoices to an investor instead of waiting to gather the cash from the client. Oh, the Irony- Truck factoring has an ironic difference: It is the monetary backbone of numerous of America's most successful companies. Why is this paradoxical ? Because invoice factoring is not taught in business colleges, is seldom discussed in company plans and is relatively unidentified to the majority of most of American business individuals.

Yet it is a financial procedure that frees billions of dollars every year, allowing thousands of companies to grow and prosper. Receivable Loan Funding has actually been around for thousands of years. Receivable Loan Financing Companies are financiers who pay cash for the right to get the future payments on your invoices. An overdue receivable or invoice has value. It is a debt your client has to pay in the near future. Factoring Principals--Although factoring deals exclusively with business-to-business deals, a large portion of the retail business uses a factoring principal. MasterCard, Visa, and American Express all utilize a type of factoring in their retail deals. Utilizing the purest definition of the word, these big consumer finance companies are truly simply big FACTORING Companies of customer paper. Think about it: You purchase at Sears and charge it to your MasterCard. The store gets paid practically immediately, even though you do not make payment until you are prepared.

For this service, the charge card company charges XYZ Store a charge (typical common normal fees range from 2 to four percent of the sale). The Advantages Receivable Loan Funding can offer numerous benefits to cash-hungry companies. Rather than wait 30, 60, 90 days or longer for payment on an item that has actually currently been delivered, a company can factor (sell) its receivables for cash at a little price cut off the amount of the invoice. Payroll, marketing efforts, and working capital are just a few of the business needs that can be met with instant  money.

Staffing Factoring offers the means for a producer to renew inventory and make more items to sell: There is no longer a need to await for earlier sales to be paid. FACTORING is not just a cash management device for producers: Practically any kind business can take advantage of Receivable Loan Financing. Typically, a company that extends credit will have 10 to 20 percent of its annual sales tied up in accounts receivable at any given time. Think for a moment about exactly how much is bound in 60 days' worth of invoices: You can not pay the power expense or today s payroll with a client s invoice, but you can offer that invoice for the cash to satisfy those obligations. Using trucking factoring companies is a fast and easy process. The factoring company buys the invoice at a discount, usually a couple of portion points less than the stated value of the invoice.

 

 

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Virginia Beach is an independent city located in the U.S. state of Virginia. As of the 2010 census, the population was 437,994. In 2013, the population was estimated to be 448,479. It is the most populous city in Virginia as well as the 39th most populous in the United States.Located on the Atlantic Ocean at the mouth of the Chesapeake Bay, Virginia Beach is included in the Hampton Roads metropolitan area. This area, known as ""America's First Region"", also includes the independent cities of Chesapeake, Hampton, Newport News, Norfolk, Portsmouth, and Suffolk, as well as other smaller cities, counties, and towns of Hampton Roads.Virginia Beach is a resort city with miles of beaches and hundreds of hotels, motels, and restaurants along its oceanfront. Every year the city hosts the East Coast Surfing Championships as well as the North American Sand Soccer Championship, a beach soccer tournament. It is also home to several state parks, several long-protected beach areas, three military bases, a number of large corporations, two universities, International headquarters and site of the television broadcast studios for , Edgar Cayce's Association for Research and Enlightenment, and numerous historic sites. Near the point where the Chesapeake Bay and the Atlantic Ocean meet, Cape Henry was the site of the first landing of the English colonists, who eventually settled in Jamestown, on April 26, 1607.The city is listed in the Guinness Book of Records as having the longest pleasure beach in the world. It is located at the southern end of the Chesapeake Bay Bridge-Tunnel, the longest bridge-tunnel complex in the world.Virginia Beach is best known for its tourism but the military and agribusiness sectors contribute to the city's economy. The city's economy also contains a large retail component at places such as Lynnhaven Mall. Major companies headquartered in Virginia Beach include Service Command. Virginia Beach was ranked at number 45 on list of best places for business and careers.

 

Norfolk (/'n?rf?k/ NOR-f?k, local /'n?f?k/ NOF-uuk) is an independent city in the Commonwealth of Virginia, United States of America. At the 2010 census, the population was 242,803; in 2013, the population was estimated to be 246,392 making it the second-most populous city in Virginia, behind neighboring Virginia Beach.Norfolk is located at the core of the Hampton Roads metropolitan area, named for the large natural harbor of the same name located at the mouth of Chesapeake Bay. It is one of nine cities and seven counties that constitute the Hampton Roads metro area, officially known as the Virginia Beach-Norfolk-Newport News, VA-NC MSA. The city is bordered to the west by the Elizabeth River and to the north by the Chesapeake Bay. It also shares land borders with the independent cities of Chesapeake to its south and Virginia Beach to its east. One of the oldest of the cities in Hampton Roads, Norfolk is considered to be the historic, urban, financial, and cultural center of the region.The city has a long history as a strategic military and transportation point. The largest Navy base in the world, Naval Station Norfolk, is located in Norfolk along with one of NATO's two Strategic Command headquarters. The city also has the corporate headquarters of Norfolk Southern Railway, one of North America's principal Class I railroads, and Maersk Line, Limited, who manages the world's largest fleet of US-flag vessels. As the city is bordered by multiple bodies of water, Norfolk has many miles of riverfront and bayfront property, including beaches on the Chesapeake Bay. It is linked to its neighbors by an extensive network of Interstate highways, bridges, tunnels, and three bridge-tunnel complexes�the only bridge-tunnels in the United States.Since Norfolk serves as the commercial and cultural center for the unusual geographical region of Hampton Roads (and in its political structure of independent cities), it can be difficult to separate the economic characteristics of Norfolk from that of the region as a whole.

 

Chesapeake is an independent city located in the U.S. state of Virginia. As of the 2010 census, the population was 222,209, in 2013, the population was estimated to be 232,977, making it the third-most populous city in Virginia.Chesapeake is included in the Hampton Roads metropolitan area.One of the cities in the South Hampton Roads, Chesapeake was formed in 1963 by a political consolidation of the city of South Norfolk with the former Norfolk County, which dated to 1691. Chesapeake is the second-largest city by land area in the Commonwealth of Virginia.Chesapeake is a diverse city in which few urban areas are located as well as many square miles of protected farmland, forests, and wetlands, including a substantial portion of the Great Dismal Swamp. Extending all the way from the rural border with North Carolina to the harbor area of Hampton Roads adjacent to the cities of Norfolk, Portsmouth, Suffolk, and Virginia Beach, Chesapeake is located on the Atlantic Intracoastal Waterway and has miles of waterfront industrial, commercial and residential property.In 2011, Chesapeake was named the 21st best city in America by .According to Chesapeake's 2010 Comprehensive Annual Financial Report, the top employers in the city are:

 

Prior to 1071 � Richemont: a town in Normandy, France.1071 to 1501 � Richmond: a castle town in Yorkshire, UK.1501 to 1742 � Richmond, a palace town in Surrey, UK.1742 to present � Richmond, Virginia. Richmond /'r?t?m?nd/ is the capital of the Commonwealth of Virginia, in the United States. It is the center of the Richmond Metropolitan Statistical Area (MSA) and the Greater Richmond Region; since 1871 Richmond has been an independent city.As of the 2010 census, the population was 204,214; in 2013, the population was estimated to be 214,114, the fourth-most populous city in Virginia. The Richmond Metropolitan Area has a population of 1,208,101.Richmond is located at the fall line of the James River, 44 miles (71 km) west of Williamsburg, 66 miles (106 km) east of Charlottesville, and 98 miles (158 km) south of Washington, D.C. Surrounded by Henrico and Chesterfield counties, the city is located at the intersections of Interstate 95 and Interstate 64, and encircled by Interstate 295 and Virginia State Route 288. Major suburbs include Midlothian to the southwest, Glen Allen to the north and west, Short Pump to the west and Mechanicsville to the northeast.The site of Richmond had been an important village of the Powhatan Confederacy, and was briefly settled by English colonists from Jamestown in 1609, and in 1610�1611. The present city of Richmond was founded in 1737. It became the capital of the Colony and Dominion of Virginia in 1780. During the Revolutionary War period, several notable events occurred in the city, including Patrick Henry's ""Give me liberty or give me death"" speech in 1775 at St. John's Church, and the passage of the Virginia Statute for Religious Freedom written by Thomas Jefferson. During the American Civil War, Richmond served as the capital of the Confederate States of America. The city entered the 20th century with one of the world's first successful electric streetcar systems, as well as a national hub of African-American commerce and culture, the Jackson Ward neighborhood.Richmond's economy is primarily driven by law, finance, and government, with federal, state, and local governmental agencies, as well as notable legal and banking firms, located in the downtown area. The city is home to both the United States Court of Appeals for the Fourth Circuit, one of 13 United States courts of appeals, and the Federal Reserve Bank of Richmond, one of 12 Federal Reserve Banks. Dominion Resources and MeadWestvaco, Fortune 500 companies, are headquartered in the city, with others in the metropolitan area.Richmond's strategic location on the James River, built on undulating hills at the rocky fall line separating the Piedmont and Tidewater regions of Virginia, provided a natural nexus for the development of commerce. Throughout these three centuries and three modes of transportation, the downtown has always been a hub, with the Great Turning Basin for boats, the world's only triple crossing of rail lines, and the intersection of two major interstates.

 

Newport News is an independent city located in the U.S. state of Virginia. As of the 2010 census, the population was 180,719. in 2013, the population was estimated to be 183,412, making it the fifth-most populous city in Virginia.Newport News is included in the Hampton Roads metropolitan area. It is at the southeastern end of the Virginia Peninsula, on the northern shore of the James River extending southeast from Skiffe's Creek along many miles of waterfront to the river's mouth at Newport News Point on the harbor of Hampton Roads.The area now known as Newport News was once a part of Warwick County. Warwick County was one of the eight original shires of Virginia, formed by the House of Burgesses in the British Colony of Virginia by order of King Charles I, in 1634. The county was largely composed of farms and undeveloped land until almost 250 years later. In 1881, 15 years of explosive development began under the leadership of Collis P. Huntington, whose new Peninsula Extension of the Chesapeake and Ohio Railway from Richmond opened up transportation along the Peninsula and provided a new pathway for the railroad to bring West Virginia bituminous coal to port for coastal shipping and worldwide export. With the new railroad came a terminal and coal piers where the colliers were loaded. Within a few years, Huntington and his associates also built a large shipyard. In 1896, the new incorporated town of Newport News, which had briefly replaced Denbigh as the county seat of Warwick County, had a population of 9,000. In 1958, by mutual consent by referendum, Newport News was consolidated with the former Warwick County (itself a separate city from 1952 to 1958), rejoining the two localities to approximately their pre-1896 geographic size. The more widely known name of Newport News was selected as they formed what was then Virginia's third largest independent city in population.With many residents employed at the expansive Huntington Ingalls Shipbuilding, the joint U.S. Air Force-U.S. Army installation at Joint Base Langley�Eustis, and other military bases and suppliers, the city's economy is very connected to the military. The location on the harbor and along the James River facilitates a large boating industry which can take advantage of its many miles of waterfront. Newport News also serves as a junction between the rails and the sea with the Newport News Marine Terminals located at the East End of the city. Served by major east-west Interstate Highway 64, it is linked to others of the cities of Hampton Roads by the circumferential Hampton Roads Beltway, which crosses the harbor on two bridge-tunnels. Part of the Newport News/Williamsburg International Airport is in the city limits.Among the city's major industries are shipbuilding, military, and aerospace. Newport News Shipbuilding, owned by Huntington Ingalls Industries,[39] and the large coal piers supplied by railroad giant CSX Transportation, the modern Fortune 500 successor to the Chesapeake and Ohio Railway (C&O). Miles of the waterfront can be seen by automobiles crossing the James River Bridge and Monitor-Merrimac Memorial Bridge-Tunnel, which is a portion of the circumferential Hampton Roads Beltway, linking the city with each of the other major cities of Hampton Roads via Interstate 664 and Interstate 64. Many U.S. defensive industry suppliers are based in Newport News, and these and nearby military bases employ many residents, in addition to those working at the shipyard and in other harbor-related vocations.

 

Alexandria (formerly Belhaven and Hunting Creek Warehouse) is an independent city in the Commonwealth of Virginia. As of the 2010 census, the population was 139,966, in 2013, the population was estimated to be 151,218. Located along the western bank of the Potomac River, Alexandria is approximately six miles (9.6 kilometers) south of downtown Washington, D.C.Like the rest of Northern Virginia, as well as central Maryland, modern Alexandria has been shaped by its proximity to the nation's capital. It is largely populated by professionals working in the Federal civil service, in the U.S. military, or for one of the many private companies which contract to provide services to the federal government. One of Alexandria's largest employers is the U.S. Department of Defense. Others include the Institute for Defense Analyses and the Center for Naval Analyses. In 2005, the United States Patent and Trademark Office moved to Alexandria.The historic center of Alexandria is known as Old Town. With its concentration of boutiques, restaurants, antique shops and theaters, it is a major draw for tourists. Like Old Town, many Alexandria neighborhoods are compact, walkable, high-income suburbs of Washington, D.C. It is the 7th largest and highest-income independent city in Virginia.A portion of adjacent Fairfax County, Virginia, is named Alexandria, but it is under the jurisdiction of Fairfax County and separate from the city; the city is sometimes referred to as the City of Alexandria or Alexandria City to avoid confusion. In 1920, Virginia's General Assembly voted to incorporate what had been Alexandria County as Arlington County, Virginia to minimize confusion.Companies headquartered in Alexandria include the Institute for Defense Analyses, the Center for Naval Analyses, VSE and the Pentagon Federal Credit Union.

 

Hampton is an independent city in Virginia. As of the 2010 census, the population was 137,436.As one of the seven major cities that compose the Hampton Roads metropolitan area, it is on the southeastern end of the Virginia Peninsula.Hampton traces its history to the city's Old Point Comfort, the home of Fort Monroe for almost 400 years, which was named by the 1607 voyagers, led by Captain Christopher Newport, who first established Jamestown as an English colonial settlement. Since consolidation in 1952, Hampton has included the former Elizabeth City County and the incorporated town of Phoebus, consolidating by mutual agreement.After the end of the American Civil War, historic Hampton University was established opposite from the town on the Hampton River, providing an education for many newly-freed former slaves and for area Native Americans. In the 20th century, the area became the location of Langley Air Force Base, NASA Langley Research Center, and the Virginia Air and Space Center. Hampton features many miles of waterfront and beaches.For residents and visitors alike, the city features a wide array of business and industrial enterprises, retail and residential areas, and historical sites. Most recently, the new Peninsula Town Center development opened in May 2010 on the site of the former Coliseum Mall. Located in the area adjacent to the Hampton Coliseum and the Convention Center, the new urbanism-type project features a wide mix of retail stores, housing and other attractions.[6] Development of new residential development and additional public facilities (such as the new fishing pier recently opened) are underway at Buckroe Beach, long a noted resort area.Located on the Hampton Roads Beltway, it hosts the Hampton Roads Bridge-Tunnel (HRBT) on Interstate 64. First opened in 1957, it was the world's first bridge-tunnel, crossing the mouth of the Hampton Roads harbor, which serves as the gateway to the Chesapeake Bay and the Atlantic Ocean from the eastern United States' largest ice-free harbor and its tributary rivers. Expanded in the 1970s, the HRBT remains Virginia's busiest and deepest such facility.

 

Roanoke (formerly Big Lick) is an independent city in the southern U.S. state of Virginia. As of the 2010 census, the population was 97,032. It is located in the Roanoke Valley of the Roanoke Region of Virginia.[6]Roanoke is the largest municipality in Southwest Virginia, and is the principal municipality of the Roanoke Metropolitan Statistical Area (MSA), which had a 2010 population of 308,707. It is composed of the independent cities of Roanoke and Salem, and Botetourt, Craig, Franklin, and Roanoke counties. Bisected by the Roanoke River, Roanoke is the commercial and cultural hub of much of Southwest Virginia and portions of Southern West Virginia.Roanoke's economy developed around the Norfolk and Western Railroad, with a strong emphasis on manufacturing. Roanoke's economic history also includes Sun Belt characteristics as it was once a center for the garment industry. Surrounding areas have traditionally relied on traditional industries of the rural South such as textiles and furniture manufacturing, which have lost jobs to offshore outsourcing. Despite Virginia's being a right to work state, unions have traditionally represented workers at many large employers in the Roanoke area and southwest Virginia.[citation needed]

 

Portsmouth is located in the U.S. Commonwealth of Virginia. As of the 2010 census, the population was 95,535.Portsmouth is located in the Hampton Roads metropolitan area.The Norfolk Naval Shipyard, often called the Norfolk Navy Yard, is a historic and active U.S. Navy facility that is actually located in Portsmouth rather than Norfolk; the original name ""Gosport"" was changed to ""Norfolk"" to reflect its location in Norfolk County, VA. The shipyard upgrades, remodels, and repairs ships of the US Navy and is one of the few facilities in the world with the capability to dry dock an aircraft carrier.Directly opposite Norfolk, the city of Portsmouth also has miles of waterfront land on the Elizabeth River as part of the harbor of Hampton Roads. There is a ferry boat that takes riders back and forth across the water between Downtown Norfolk and Olde Towne Portsmouth.

 

Suffolk is an independent city located in the U.S. state of Virginia. As of the 2010 census, the population was 84,585. It is the largest city in Virginia by area as well as the 11th largest in the country.""Suffolk"" is located in the Hampton Roads metropolitan area which also includes the independent cities of Chesapeake, Hampton, Newport News, Norfolk, Portsmouth, and Virginia Beach, as well as other smaller cities, counties, and towns of Hampton Roads. With miles of waterfront property on the Nansemond and James River, present day Suffolk was formed in 1974 after consolidating with Nansemond County and the towns of Holland and Whaleyville. The current mayor is Linda T. Johnson.In modern times, Suffolk remains a major peanut processing center and railroad and highway transportation hub. It hosts a diverse combination of industrial, manufacturing, distribution, retail, and hospitality businesses, as well as active farming.

 

Lynchburg is an independent city in the Commonwealth of Virginia. As of the 2013 census, the population was 78,014. Located in the foothills of the Blue Ridge Mountains along the banks of the James River, Lynchburg is known as the ""City of Seven Hills"" or ""The Hill City"".[citation needed] Lynchburg was the only major city in Virginia that was not captured by the Union before the end of the American Civil War.[citation needed]Lynchburg is the principal city of the Metropolitan Statistical Area of Lynchburg, near the geographic center of Virginia. It is the fifth largest MSA in Virginia with a population of 254,171 and hosts several institutions of higher education. Other nearby cities include Roanoke, Charlottesville, and Danville. Lynchburg's sister cities are Rueil-Malmaison, France and Glauchau, Germany.Lynchburg features a skilled labor force, low unemployment rate,[26] and below average cost of living. Of Virginia's larger metro areas, Magazine ranked Lynchburg the 5th best place in Virginia for business in 2006, with Virginia being the best state in the country for business.[27] Only 6 places in Virginia were surveyed and most of Virginia's cities were grouped together by as ""Northern Virginia"". Lynchburg achieved the rank 109 in the whole nation in the same survey.

 

Harrisonburg is an independent city in the Shenandoah Valley region of Virginia. As of the 2010 census, the population was 48,914.[11] Harrisonburg is the county seat of Rockingham County,[12] although the two are separate jurisdictions. The Bureau of Economic Analysis combines the city of Harrisonburg with Rockingham County for statistical purposes. Harrisonburg is home to James Madison University and Eastern Mennonite University.Harrisonburg is the core city of the Harrisonburg, Virginia Metropolitan Statistical Area which has a 2011 estimated population of 126,562[13]

 

Charlottesville is an independent city in the Commonwealth of Virginia. As of the 2010 census, the population was 43,475. It is the county seat of Albemarle County, which surrounds the city, though the two are separate legal entities. It is named after Charlotte of Mecklenburg-Strelitz, the queen consort of the United Kingdom.The Bureau of Economic Analysis combines the city of Charlottesville with Albemarle County for statistical purposes, bringing the total population to 118,398. The city is the heart of the Charlottesville metropolitan area which includes Albemarle, Fluvanna, Greene and Nelson counties.Charlottesville is best known as the home to two U.S. Presidents, Thomas Jefferson and James Monroe. Close by is the historical home of a third, James Madison, in Orange. It is also known as the home of the University of Virginia, which is one of the most historically prominent colleges in the United States and, along with Monticello, is a UNESCO World Heritage Site. The latter, Jefferson's mountain-top home, attracts approximately half a million tourists every year. While both served as Governor of Virginia, they lived in Charlottesville and traveled to and from the capitol (Richmond, Virginia) along the 71-mile (114 km) historic Three Notch'd Road.According to the City's 2013 Comprehensive Annual Financial Report,[21] the largest employers in the city are:

 

Danville is an independent city in the U.S. state of Virginia. As of the 2010 census, the population was 43,055. It is bounded by Pittsylvania County, Virginia and Caswell County, North Carolina. It hosts the Danville Braves baseball club of the Appalachian League.Danville is the principal city of the Danville, Virginia Micropolitan Statistical Area. View of the Dan River in downtown DanvillePrior to the recession of 2008, the City of Danville and its partners began a major project focused on the revitalization of the Historic Downtown and Tobacco Warehouse districts, now coined �The River District.� Today, the project continues with a new momentum as the public sector has joined the movement. See Danville River District.

 

Manassas (formerly Manassas Junction) is an independent city in the Commonwealth of Virginia. As of the 2010 census, the population was 37,821. The city is surrounded by Prince William County and the independent city of Manassas Park. The Bureau of Economic Analysis combines the city of Manassas (along with Manassas Park) with Prince William County for statistical purposes.Manassas also surrounds the 38-acre (150,000 m2) county courthouse, but that county property is not part of the city. The City of Manassas has several important historic sites from the period 1850�1870.The City of Manassas is part of the Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Statistical Area and it is situated in the Northern Virginia region.Colgan Air, a regional airline, maintains two hangars at Manassas Regional Airport in Manassas.[23] At one time Colgan Air was headquartered in Manassas.[24] Pinacle Airlines Corp. purchased Colgan Air and announced that it was moving all operations to Memphis to be in proximity to the offices of Pinnacle Airlines Corp.

 

Petersburg is an independent city in the U.S. state of Virginia. As of the 2010 census, the population was 32,420. The Bureau of Economic Analysis combines Petersburg (along with the city of Colonial Heights) with Dinwiddie County for statistical purposes. It is located on the Appomattox River and 23 miles (37 km) south of the state capital of Richmond. The city's unique industrial past and its location as a transportation hub combined to create wealth for Virginia and the region.The location on the Appomattox River at the fall line (the head of navigation of rivers on the U.S. east coast) early in the history of the Colony of Virginia caused Petersburg to become a strategic place for transportation and commercial activities, as well as the site of Fort Henry. As railroads emerged beginning in the 1830s, it became a major transfer point for both north-south and east-west competitors. The Petersburg Railroad was one of the earliest predecessors of the modern-day CSX Transportation system. Several of the earliest predecessors of the area's other major Class 1 railroad, Norfolk Southern, also met at Petersburg.During the American Civil War, because of the railroad network, Petersburg was key to Union plans to capture the Confederate capital at Richmond. The city saw nine months of trench warfare during the 1864-65 Siege of Petersburg. Battlefield sites are throughout the city and surrounding areas, partly preserved as Petersburg National Battlefield.The city is also significant for its role in African-American history. Petersburg had one of the oldest free black settlements in the state at Pocahontas Island. Two Baptist churches in the city, whose congregations were founded in the late 18th century, are among the oldest black congregations and churches in the nation. In the 20th century, these and other black churches were leaders in the national Civil Rights Movement. In the post-bellum period, a historically black college which later became Virginia State University was established nearby in Ettrick in Chesterfield County. Richard Bland College, now a junior college, was originally established as a branch of Williamsburg's College of William and Mary.Petersburg remains a transportation hub, with the network of area highways including Interstate Highways 85, 95, and 295, and U.S. highways 1, 301, and 460. Both CSX and NS rail systems maintain transportation centers at Petersburg. Amtrak serves the city with daily Northeast Corridor trains to Norfolk, and long-distance routes from states to the south. In the early 21st century, Petersburg leaders were highlighting the historical attractions for heritage tourism, and the industrial sites reachable by the transportation infrastructure.[not verified in body] Military activity has expanded at nearby Fort Lee, home of the United States Army's Sustainment Center of Excellence, and the Army's Logistics Branch, Ordnance, Quartermaster, and Transportation Corps.one of the top 20 pharmaceutical manufacturers, operate in Petersburg. The city has a long history as an industrial center for Virginia. It was home to many tobacco companies, including tobacco giant Williamson. The Southern Chemical Co., the original maker of soda (used in hospitals world wide), was a well-known brand associated with the town. As of September 2012, the e-tailer .com opened a fulfilment center in the southwest part of the to"

 

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em, high median salary, and a rate of sole proprietors per capita that ranks it in the top 1% nationwide.Old Town Fairfax has undergone an extensive redevelopment, which began in 2005. The redevelopment added a new City of Fairfax Regional Library, more than 45,000 square feet (4,200 m2) of retail and restaurant space, more than 70,000 square feet (6,500 m2) of office condominiums, and 85 cale residential condominium units.

 

Hopewell is an independent city within Prince George County in the Commonwealth of Virginia. As of the 2010 census, the population was 22,591. The Bureau of Economic Analysis combines the city of Hopewell with Prince George County for statistical purposes.Hopewell is in the Tri-Cities area of the Richmond Metropolitan Statistical Area (MSA).

 

Waynesboro (formerly Flack), is an independent city in the U.S. state of Virginia. As of the 2010 census, the population was 21,006. The city is surrounded by Augusta County and is named for General Anthony Wayne.Waynesboro is located in the Shenandoah Valley, near many important historical markers of the Civil War and Shenandoah National Park. A portion of Interstate 64 falls within the city limits of Waynesboro, and the Blue Ridge Parkway, Skyline Drive, and the Appalachian Trail are less than five miles away. The town is perhaps best known for being the home of P. Buckley Moss and the P. Buckley Moss Museum, which attracts 45,000 visitors annually. A large DuPont plant (now vista and owned by Industries) and the associated aboratory where spandex was invented (under the brand name , as well as a large textile mill called Tex (now owned by Industries), were significant employers for residents through much of the 20th century. A Generalsite on the northeast side, which made relays and later computer printers, was also a substantial employer. Waynesboro is home to the corporate headquarters of n ,a regional wireless and telecommunications company serving Virginia, West Virginia, North Carolina, Tennessee, Kentucky, and Ohio). Tourism, industrial production, and retail remain vital to the Waynesboro economy. The Generals of the Valley Baseball League play there.Waynesboro is a principal city of the Staunton-Waynesboro Metropolitan Statistical Area, which includes all of Augusta County and the independent cities of Staunton and Waynesboro.

 

Bristol is an independent city in the U.S. state of Virginia As of the 2010 census, the population was 17,835. It is bounded by Washington County, Virginia, Bristol, Tennessee, and Sullivan County, Tennessee.It is the twin city of Bristol, Tennessee, just across the state line, which runs down the middle of its main street, State Street. The Bureau of Economic Analysis combines the city of Bristol, Virginia with Washington County for statistical purposes. Bristol is a principal city of Kingsport�Bristol�Bristol, TN-VA Metropolitan Statistical Area, which is a component of the Johnson City�Kingsport�Bristol, TN-VA Combined Statistical Area � commonly known as the ""Tri-Cities"" region.According to Bristol's 2011 Comprehensive Annual Financial Report, the top employers in the city are:

 

Colonial Heights is an independent city in Virginia, United States. As of the 2010 census, the population was 17,411. The Bureau of Economic Analysis combines the City of Colonial Heights (along with the City of Petersburg) with Dinwiddie County for statistical purposes.Colonial Heights is located in the Tri-Cities area of the Richmond Metropolitan Statistical Area (MSA).

 

Rad (formerly Central City, English Ferry and Ingle's Ferry) is an independent city in the U.S. state of Virginia. As of the 2010 census, the population was 16,408. For statistical purposes, the Bureau of Economic Analysis combines the city of Rad with neighboring Montgomery County.Rad is included in the Blacksburg�Christiansburg�Rad Metropolitan Statistical Area.Rad is the home of Rad University. The Rad Arsenal is nearby in Pulaski and Montgomery counties. Rad City has four schools: McHarg Elementary, Belle Heth Elementary, Dalton Intermediate, and Rad High School.

 

Manassas Park is an independent city in the U.S. state of Virginia. As of the 2010 census, the population was 14,273. Manassas Park is bordered by the city of Manassas and Prince William County. The Bureau of Economic Analysis combines the city of Manassas Park (along with City of Manassas) with Prince William County for statistical purposes.Manassas Park is a part of the Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Statistical Area.

 

Williamsburg is an independent city in the U.S. state of Virginia. As of the 2012 census, the population was 15,167.Located on the Virginia Peninsula, Williamsburg is in the northern part of the Hampton Roads metropolitan area. It is bordered by James City County and York County.Williamsburg was founded in 1632 as Middle Plantation as a fortified settlement on high ground between the James and York rivers. The city served as the capital of the Colony of Virginia from 1699 to 1780 and was the center of political events in Virginia leading to the American Revolution. The College of William & Mary, established in 1693, is the second-oldest institution of higher education in the United States and the only one of the nine colonial colleges located in the South; its alumni include three U.S. presidents as well as many other important figures in the nation's early history.The city's tourism-based economy is driven by Colonial Williamsburg, the restored Historic Area of the city. Along with nearby Jamestown and Yorktown, Williamsburg forms part of the Historic Triangle, which attracts more than four million tourists each year. Modern Williamsburg is also a college town, inhabited in large part by William & Mary students and staff.The tourist volume of Colonial Williamsburg has attracted many other related businesses to the area.

 

Martinsville is an independent city in the U.S. state of Virginia. As of the 2010 census, the population was 13,821. It is the county seat of Henry County, although the two are separate jurisdictions. The Bureau of Economic Analysis combines the city of Martinsville with Henry County for statistical purposes.Martinsville is the principal city of the Martinsville Micropolitan Statistical Area, with a population of 73,346 as of the 2000 census.The paper clip-shaped Martinsville Speedway, the shortest track in stock car racing [0.526 miles (0.847 km)] and one of the first paved ""speedways,"" built in 1947, is located just outside the city in the town of Ridgeway.

 

Falls Church, officially the City of Falls Church, is an independent city in the U.S. state of Virginia. As of the 2010 U.S. Census, the population was 12,332.Falls Church is included in the Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Statistical Area.Taking its name from The Falls Church, an 18th-century Anglican parish, Falls Church gained township status within Fairfax County in 1875. In 1948, it was incorporated as the City of Falls Church, an independent city with county-level governance status. It is also referred to as Falls Church City.The city's corporate boundaries do not include all of the area historically known as Falls Church; these areas include portions of Seven Corners and other portions of the current Falls Church postal districts of Fairfax County, as well as the area of Arlington County known as East Falls Church, which was part of the town of Falls Church from 1875 to 1936. For statistical purposes, the U.S. Department of Commerce's Bureau of Economic Analysis combines the City of Falls Church with Fairfax City and Fairfax County.According to the U.S. Census Bureau, Falls Church has the lowest level of poverty of any independent city or county in the United States.In 2011, Falls Church was named the richest county in the United States with median annual household income of $113,313. While Fortune 500 companies Computer Sciences Corporation, General Dynamics, and Northrop Grumman have headquarters addressed in Falls Church, they are physically in Fairfax County.

 

Poquoson /p?'ko?s?n/ is an independent city located in the U.S. state of Virginia. As of the 2010 census, the population was 12,150. The Bureau of Economic Analysis combines the city of Poquoson with surrounding York county for statistical purposes.Poquoson is located on the Virginia Peninsula, in the Hampton Roads metropolitan area.Poquoson, which was formerly part of York County, became an incorporated town in 1952 and an independent city in 1975. (In Virginia, municipalities incorporated as independent cities are not part of any county.) However, the ties remain close. Over 30 years after Poquoson became a politically independent entity, some constitutional services such as the courts, sheriff and jail continue to be shared with neighboring York County.Poquoson is one of the oldest continuously named cities in Virginia. It is also one of the few to retain a name which derived from the Native Americans who inhabited the area before colonization by the English began in the 17th century.

 

Franklin is an independent city in Virginia. As of the 2010 census, the population was 8,582. The Bureau of Economic Analysis combines the city of Franklin with Southampton County for statistical purposes.Modern day Franklin has two major industrial sectors: agriculture and manufacturing. Franklin is listed as being the 13th-most profitable and 12th-largest farming community in the state.[12] The neighboring areas of Southampton and Isle of Wight counties, along with the city of Suffolk are all ranked in the 20 most profitable farming counties, with Southampton County being the eighth-largest in the state.[12]

 

Lexington is an independent city in the Commonwealth of Virginia. As of the 2010 census, the population was 7,042. It is the county seat of Rockbridge County, although the two are separate jurisdictions. The Bureau of Economic Analysis combines the city of Lexington (along with nearby Buena Vista) with Rockbridge County for statistical purposes. Lexington is about 55 minutes east of the West Virginia border and is about 50 miles north of Roanoke, Virginia. It was first settled in 1777.Lexington is the location of the Virginia Military Institute (VMI) and Washington and Lee University (W&L).Today, Lexington's primary economic activities stem from higher education and tourism. Located at the intersection of historic U.S. Route 11 and U.S. Route 60 and more modern highways, Interstate 64 and Interstate 81. With its various connections to the Civil War, Lexington attracts visitors from around the country. Places of interest in Lexington include the Stonewall Jackson House, Lee Chapel, the George C. Marshall Museum, Virginia Military Institute Museum, Museum of Military Memorabilia, and the downtown historic district. Hull's Drive In theater attracts visitors to the area and was the first community-owned, non-profit drive-in in the U.S.

 

Galax /'ge?l�ks/ is an independent city in the southwestern part of the Commonwealth of Virginia. As of the 2010 census, the population was 7,042. The Bureau of Economic Analysis combines the city of Galax with neighboring Carroll County for statistical purposes. Galax is bounded to the northeast by Carroll County and to the southwest by Grayson County.

 

Buena Vista (/?bju?n?'v?st?/ BEW-n?-VIS-t?) (formerly Hart's Bottom) is an independent city located within the confines of Rockbridge County, Virginia. As of the 2010 census, the population was 6,650. The Bureau of Economic Analysis combines the cities of Buena Vista and Lexington, along with Rockbridge County for statistical purposes.

 

Covington is an independent city in the U.S. state of Virginia. As of the 2010 census, the population was 5,961, making it the third-least populous city in Virginia. It is surrounded by Alleghany County, of which it is also the county seat. The Bureau of Economic Analysis combines the city of Covington with Alleghany county for statistical purposes.Located at the confluence of Jackson River and Dunlap Creek, Covington is one of three cities (with Roanoke and Salem) in the Roanoke Regional Partnership.The current mayor of Covington is Thomas H. Sibold Jr. The city's media and news needs are served by The Virginian Review newspaper, which has been continuously published since August 10, 1914, and by AM radio station WKEY.Fire protection is provided by the Covington Fire Department, which was chartered on March 4, 1902.[6] The Covington Rescue Squad provides emergency medical services to the city of Covington. Both the fire department and rescue squad are volunteer organizations. The rescue squad was organized in 1933 and is the third oldest volunteer rescue squad in Virginia.Covington is named in honor of General Leonard Covington, hero of the War of 1812 and friend of James Madison and Thomas Jefferson.Luke Mountain Historic District, Persinger House, and Rosedale Historic District are listed on the National Register of Historic Places.[7]

 

Emporia is an independent city located within the confines of Greensville County, Virginia, United States. As of the 2010 census, the population was 5,927, making it the second-least populous city in Virginia. The Bureau of Economic Analysis combines the city of Emporia with surrounding Greensville county for statistical purposes. It is the county seat of Greensville County.

 

Norton is an independent city in the Commonwealth of Virginia. As of the 2010 census, the population was 3,958, making it the least populous city in Virginia. The Bureau of Economic Analysis combines the city of Norton with surrounding Wise County for statistical purposes.

 

Leesburg is a historic town within and the county seat of Loudoun County, Virginia. Leesburg is located 33 miles (53 km) west-northwest of Washington, D.C. along the base of Catoctin Mountain and adjacent to the Potomac River. Its population according the 2010 Census is 42,616. The town is also the northwestern terminus of the Dulles Greenway, a private toll road that connects to the Dulles Toll Road at Washington Dulles International Airport.Leesburg, like the rest of Loudoun, has undergone considerable growth and development over the last 30 years, transforming from a small, rural, piedmont town to a suburban bedroom community for commuters to the national capital. Current growth in the town and its immediate area to the east (Lansdowne/Ashburn) concentrates along the Dulles Greenway and State Route 7, which roughly parallels the Potomac River between Winchester to the west and Alexandria to the east.The Federal Aviation Administration's Washington Air Route Traffic Control Center is located in Leesburg.

 

Blacksburg is an incorporated town located in Montgomery County, Virginia, United States, with a population of 42,620 at the 2010 census.Blacksburg, Christiansburg, and Rad are the three principal jurisdictions of the Blacksburg-Christiansburg-Rad Metropolitan Statistical Area which encompasses those jurisdictions and all of Montgomery, Pulaski, and Giles counties for statistical purposes. The MSA has an estimated population of 159,587 and is currently one of the faster-growing MSAs in Virginia. Blacksburg is dominated economically and demographically by the presence of Virginia Polytechnic Institute and State University (popularly known as Virginia Tech), a Virginia land-grant university. Blacksburg is the largest town in Virginia by population, and the 15th-largest municipality overall. It is larger than several of the commonwealth's independent cities.In spite of the Virginia Tech shootings that occurred on April 16, 2007, the town (and the university campus) has a long tradition of safety and living satisfaction. In 2011, Businessweek named Blacksburg the ""Best Place in the U.S. to Raise Kids"". Also in 2011, readers of Southern Living named Blacksburg the ""Best College Town in the South"".[6] Its public transportation system, Blacksburg Transit, which also connects to the neighboring town of Christiansburg, has repetitively received recognition for the quality of its service.[7] Blacksburg High School, which in 2013 unveiled its new state-of-the-art building,[8] is often ranked among the top schools of the nation for its academics, but its Soccer, Track, and Cross Country teams are also among the top in the state.The Virginia Tech Corporate Research Center is home to several companies of varying sizes including VTLS, Honeywell, and the National Weather Service which maintains its Southwestern Virginia headquarters there. The town and county continue to recruit major industry to the area. Due to its close proximity to Virginia Tech and Rad University, Blacksburg is an ideal location for developing high tech industry.

 

Herndon is a town in Fairfax County, Virginia, in the Washington, D.C. metropolitan area of the United States. The population was 23,292 at the 2010 census, which makes it the largest of three towns in the county.Herndon is part of the Dulles Technology Corridor, which Fortune magazine named the ""Netplex"" because of the presence of the headquarters of such companies as AOL, XO Communications, Verizon Business (formerly MCI, formerly WorldCom, originally UUNET), and Network Solutions, which began as the INTERNIC � the registry where every domain name was once administered.

 

Christiansburg (formerly Hans Meadows) is a town in Montgomery County, Virginia, United States. The population was 21,041 at the 2010 census. It is the county seat of Montgomery County. Christiansburg, Blacksburg, and Rad are the three principal municipalities of the Blacksburg-Christiansburg-Rad Metropolitan Statistical Area which encompasses those municipalities and all of Montgomery County.

 

Culpeper (formerly Fairfax) is the only incorporated town in Culpeper County, Virginia, United States. The population was 16,379 at the 2010 census. It is the county seat of Culpeper County.

 

Vienna is a town in Fairfax County, Virginia, United States. As of the 2010 United States Census, it had a population of 15,687.[1] Significantly more people live in ZIP codes with the Vienna postal addresses (22180, 22181, and 22182) bordered approximately by Interstate 66 on the south, Interstate 495 on the east, Route 7 to the north, and Hunter Mill road.In August 2013, CNN/Money and Money magazine ranked Vienna, VA third on its list of the 100 best places to live in the United States. In addition to highly ranked public schools, its assets include a downtown with many small businesses, a Washington Metro station with large parking garages (the western terminus of the Orange Line) just south of the town, and a portion of the Washington & Old Dominion Railroad Regional Park hiker/biker trail cutting through the center of the town. Tysons Corner a residential and shopping district is nearby, as is Wolf Trap National Park for the Performing Arts.MAE-East is located within the Vienna postal area in Tysons Corner CDP. This served as one of two locations (in addition to MAE-West) where all Internet traffic was exchanged between one ISP and other private, government, and academic Internet networks and served as a magnet for telecom and other high-tech companies focused on the Internet. In 1995 America Online (AOL) was headquartered at 8619 Westwood Center Drive in Tysons Corner CDP in unincorporated Fairfax County,[19][20] near Vienna.[21]

 

Front Royal is a town in Warren County, Virginia, United States. The population was 14,440 at the 2010 census. It is the county seat of Warren County.

 

Warrenton is a town in Fauquier County, Virginia, United States. In 2011, Fauquier County was number eight on the U.S. Census Bureau list of highest-income counties in the United States. Population was 6,670 at the 2000 census, and 9,611 at the 2010 census. It is the county seat of Fauquier County. Public schools in the town include Fauquier High School, Warrenton Middle School, Taylor Middle School, and two elementary schools. There are two private schools in Warrenton: Highland School and St. John The Evangelist's Catholic School. Warrenton is at a junction of U.S. Route 15, U.S. Route 17, U.S. Route 29, and U.S. Route 211. The town is in the Piedmont region of Virginia, near the Blue Ridge Mountains. The well-known Airlie Conference Center is on the northeast boundary of Warrenton, and the historic Vint Hill Farms military facility is several miles east. Fauquier Hospital is also located in the town. Surrounded by Virginia wine and horse country makes Warrenton a popular destination outside of Washington D.C.Like many incorporated towns in Virginia, the town of Warrenton has government and taxation separate from the county. The town and the county do share some services, such as schools and the county landfill.

 

Pulaski is a town in Pulaski County, Virginia, United States. The population was 9,086 at the 2010 census. It is the county seat of Pulaski County.Pulaski is part of the Blacksburg�Christiansburg�Rad Metropolitan Statistical Area.

 

Purcellville is a town in Loudoun County, Virginia, United States. The population was 7,727 as of the 2010 census. Purcellville is the major population center for western Loudoun and the Loudoun Valley. Today[update], many of the older structures remaining in Purcellville reflect the Victorian architecture popular during the early 20th century.

 

Wytheville (/'w??v?l/ WITH-vil) is a town in, and the county seat of, Wythe County, Virginia, United States. The population was 8,211 at the 2010 census.

 

Abingdon is a town in Washington County, Virginia, United States, 133 miles (214 km) southwest of Roanoke. The population was 8,191 at the 2010 census. It is the county seat of Washington County and is a designated Virginia Historic Landmark. The town encompasses several historically significant sites and features a fine arts and crafts scene centered on the galleries and museums along Main Street.Abingdon is part of the Kingsport-Bristol (TN)-Bristol (VA) Metropolitan Statistical Area, which is a component of the Johnson City-Kingsport-Bristol, TN-VA Combined Statistical Area - commonly known as the ""Tri-Cities"" region.Alpha Natural Resources is not based in Abingdon any longer, but in nearby Bristol, VA .

 

Farmville is a town in Prince Edward and Cumberland counties in the U.S. state of Virginia. The population was 8,216 at the 2010 census. It is the county seat of Prince Edward County.The Appomattox River traverses Farmville, along with the High Bridge Trail State Park, a more than thirty-mile long rail trail park. At the intersection of US 15, VA 45 and US 460, Farmville is the home of Longwood University and is the town nearest to Hampden-Sydney College.

 

Smithfield is a town in Isle of Wight County, in the South Hampton Roads subregion of the Hampton Roads region of Virginia in the United States. The population was 8,089 at the 2010 census.The town is most famous for the curing and production of the Smithfield ham. The Virginia General Assembly passed a statute defining ""Smithfield ham"" by law in 1926, with one of the requirements that it be processed within the town limits. Currently, Smithfield Foods, a Fortune 500 Company that owns Smithfield Packing Company and others, is the world�s largest pork processor and hog producer. The company, based in Smithfield, raises 12 million and processes 20 million hogs annually.

 

Vinton is a town in Roanoke County, Virginia, United States. The population was 8,098 at the 2010 census. Vinton is part of the Roanoke Metropolitan Statistical Area and the Roanoke Region of Virginia.Vinton's official newspaper is the Vinton Messenger.

 

South Boston, formerly Boyd's Ferry, is a town in Halifax County, Virginia, United States. The population was 8,142 at the 2010 census.

 

Ashland is a town located 15 miles north of Richmond along Interstate-95 in Hanover County, Virginia, United States. Ashland is named after the Lexington, Kentucky estate of Hanover County native and statesman Henry Clay. The area known as The Slashes,that later became Ashland, was developed by the Richmond, Fredericksburg, and Potomac Railroad as a mineral springs resort in the 1840s. The population was 7,225 as of the 2010 census. It is the only incorporated town in Hanover County chartered by the Commonwealth of Virginia. Ashland is home to Randolph-Macon College (1830).

 

Strasburg /'str??zb?rg/ is a town in Shenandoah County, Virginia, United States, which was founded in 1761 by Peter Stover. It is the largest town by population in the county and is known for its pottery, antiques, and Civil War history. The population was 6,398 at the 2010 census.

 

Marion is a town in Smyth County, Virginia, United States. The population was 5,968 at the 2010 census. It is the county seat. The town is named for American Revolutionary War officer Francis Marion.

 

Bridgewater (formerly Dinkletown and Bridgeport) is an incorporated town in Rockingham County, Virginia, United States. The population was 5,644 at the 2010 census. It is included in the Harrisonburg, Virginia Metropolitan Statistical Area. Bridgewater is also home to Bridgewater College, a private, coeducational, four-year liberal arts college founded in 1880, historically associated with the Church of the Brethren.

 

Richlands is a town in Tazewell County, Virginia, United States. The population was 5,823 at the 2010 census. It is part of the Bluefield, WV-VA micropolitan area which has a population of 107,578.

 

Big Stone Gap is a town in Wise County, Virginia, United States. The population was 5,643 at the 2010 census.

 

Bluefield is a town in Tazewell County, Virginia, along the Bluestone River. The population was 5,444 at the 2010 census. It is part of the Bluefield WV-VA micropolitan area which has a population of 107,342. The micropolitan area is the 350th largest statistical population area in the United States.

 

Woodstock is a town in Shenandoah County, Virginia, United States. It has a population of 5,097 according to the 2010 census. It is the county seat of Shenandoah County.The Massanutten Military Academy is located in Woodstock, as is the national headquarters of Sigma Sigma Sigma sorority. Woodstock is also home to the River Bandits of the Valley League.

 

Dumfries, officially the Town of Dumfries, is a town in Prince William County, Virginia. The population was 4,961 at the 2010 United States Census.

 

"

 

Virginia

 

The United states Transportation Association
specifies that there are about
195,000 employees with freight trucking
firms and
300,000 personal companies trucking
firms certified to
run in the U.S. that transferred,
according to their latest listings of millions of
products, materials and
standard products .
There are several typical
providers either going solo or in
teams on our nation
roads transferring these
vital items to our
stores, factories and harbors.

Plus truck factoring
companies benefit
several of them and offer their
factoring services
countrywidecomprising
including the following states.

: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho State, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming

 

"Virginia has an economy that is highly diversified. Agriculture, once its mainstay, now follows other sectors in employment and income generation. Tobacco, Virginia's traditional staple, is still the leading crop, and grains, corn, soybeans, peanuts, sweet potatoes, cotton, and apples (especially in the Shenandoah Valley) are all important. Wine production is also important; but the major sources of agricultural income are now poultry, dairy goods, and cattle, raised especially in the Valley of Virginia. The coastal fisheries are large, bringing in especially shellfish�largely oysters and crabs. Coal is Virginia's chief mineral; stone, cement, sand, and gravel are also important. Roanoke is a center for the rail transport equipment industry, and a high proportion of the nation's shipyards are concentrated at Hampton Roads, especially in Newport News. Norfolk is a major U.S. naval base, and Portsmouth is a U.S. naval shipyard; Hampton is a center for aeronautical research. N Virginia has become the home of one of the largest concentrations of computer communications firms in the U.S. Other leading industries include tourism and the manufacture of chemicals, electrical equipment, and food, textile, and paper products. Tens of thousands of Virginians work in government, especially in the District of Columbia or in nearby ""Beltway"" suburbs like Reston and Langley."

 

 

 

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The largest trucking companies in the U.S. set a revenue record in 2013, but revenuegrowth slowed for the second year in a row.

The combined revenue of the 50 largest motor carriers rose to $106.6 billion last year, according to The Top 50 Trucking Companies list, based on data prepared by Consulting Group in Pittsburgh.

 

EveryJob is a free service dedicated to helping professional truck drivers find new truck driving jobs with the best trucking companies hiring today!

Locate truck driving jobs by city, state, position andenefits offered. Search current driving jobs and fill out the EZ truck driver application customized for cdl trucking jobs

 

The largest trucking companies in the U.S. set a revenue record in 2013, but revenuegrowth slowed for the second year in a row.

The combined revenue of the 50 largest motor carriers rose to $106.6 billion last year, according to The Top 50 Trucking Companies list, based on data prepared by Consulting Group in Pittsburgh.

 

The largest trucking companies in the U.S. set a revenue record in 2013, but revenuegrowth slowed for the second year in a row.

The combined revenue of the 50 largest motor carriers rose to $106.6 billion last year, according to The Top 50 Trucking Companies list, based on data prepared by Consulting Group in Pittsburgh.

 

The largest trucking companies in the U.S. set a revenue record in 2013, but revenuegrowth slowed for the second year in a row.

The combined revenue of the 50 largest motor carriers rose to $106.6 billion last year, according to The Top 50 Trucking Companies list, based on data prepared by Consulting Group in Pittsburgh.

 

EveryJob is a free service dedicated to helping professional truck drivers find new truck driving jobs with the best trucking companies hiring today!

Locate truck driving jobs by city, state, position andenefits offered. Search current driving jobs and fill out the EZ truck driver application customized for cdl trucking jobs

 

 

"

King Truck and Haul has been in business since the mid 1980s. For more than twenty years they've been delivering goods for most major industries in the nation, with business booming as they traversed the country, in all kinds of weather, for all kinds of clients. During the heady times from 2002 to 2007, King was a top rated accounts receivable mastermind of the trucking industry. Few customers were ever late on bills and those clients who were, were sure to turn in their late payments within a reasonable amount of time. The money was flowing, and times were great.But a short year later, in the fall of 2008, when the United States economy took a nosedive and businesses both small and large began to feel the pinch on their pocketbooks, those that used to make their demands had suddenly and largely gone silent. Business slowed to a crawl

 

. Worse still, it was noticed by King in early 2008 that even though most of their loyal customers were on time with their payments, there were a few late bloomers who were starting to spread the disease. Spring changed to summer, summer changed to fall, and the CEO of King, Jeffrey Anderson, was beginning to feel very uncomfortable indeed whenever he looked at their weekly Accounts Receivable reports. The number of clients who were late in their payments was continuing to grow.He had already been to the administrators to ask what the actual problem was. Were they doing something wrong or different when it came to reaching out to delinquent accounts? By his bookkeepers records, this wasn't the case. Perhaps he was losing his customers to his competitor, who seemed to offer very low prices with no guarantee of quality or performance, and these clients who were in debt to his company had possibly disappeared leaving him stranded. Perhaps they were unable to pay their debt to him, but were able to meet the costs of a lesser service. So he did the necessary research and, after discussions with friends in the same field, he realised that no, his customers hadn't gone anywhere else. They had just gone home.To Jeffrey Anderson the situation looked desperate. Jeffrey was very concerned, because there were constant overheads, goods to ship, employees to pay, and trucks which needed to be maintained, but there just wasn't the money coming back into the business. At night he would speak to his wife Melissa and shake his head in frustration.

 

""I have a bad feeling, Lin,"" he would say with deep woe.""Well, what do you think it is?"" she would ask.Jeffrey would stare off for a moment and then close eyes. He could see the fleet of trucks he had purchased over the years. He could see them on the road, delivering good to all his loyal customers. But then a haze would cover his trucks and his vast fleet would vanish to leave just a few. What on earth was happening to create the death of his business?""I think I know what it could be,"" Jeffrey said. ""I've relied too long on the profits I receive from invoices alone. For too long I've been allowing our clients to let their accounts become overdue."" All Melissa could do was hold his hand and look at him tenderly. 'We know it is a difficult economy at the moment - perhaps it will take a while for people to get on top of their bills'.""Jeffrey knew very well that Melissa was only trying to help, but his responsibilities weighed heavily on his shoulders and he knew he had better do something soon to resolve this situation.The next day Jeffrey strolled into his office and was determined to sit down and make every phone call to every client who had owed King money. This wasn't really a very efficient way for a Chief Executive to spend his day, and Jeffrey knew he should be overseeing all the other sides of the business, such as shipments and deliveries, approaching prospective customers, or working with his sales team. Even though he was doing something to help his company, he knew he had folks on salary to do just this thing. Wasting money, wasting time - even with the best of intentions, Jeffrey knew that he was in trouble.

 

After a half day of contacting debtors in vain - they dodged his calls or promised to call back at worst or made minimal interest-only payments at best - he was about to throw in the towel when his secretary Michelleerley knocked at his door.

 

""Can I have a word with you Jeffrey?"" she queried, standing in the doorway.

 

""Of course Michelle, please come in."" Jeffrey leaned back in his chair and looked expectantly at Michelleerely.""Well Jeffrey, this afternoon I did some research, trying to work out how we are going to get out of this mess."" She pulled a small stack of papers from a folder and set them on the desk before him.""Have you ever heard of factoring?"" Michelleerley asked.""It sounds vaguely familiar. What is it?"" he said.She began, ""Well, it is really very simple. So basically, factoring invoices would enable us to get paid on the nose for loads that we haul.""Jeffrey interrupted ""Immediately?"".""Immediately, yes"" she added, ""In a nutshell, it is pretty easy. We start by having a professional account manager review our figures and help us set up a company profile. Included in the profile would be the investigation of our accounts receivable aging reports, our current customers' credit limits etc.. Additionally, the factoring will help to determine the creditworthiness of our customers independent of their credit history with our business. It�s a broad view.""I see,� Jeffrey said. �And then what?""Following the completion of their review and once we have been approved for a contract with the factoring company, then we sit down to negotiate conditions and terms. You'll be surprised at the amount of flexibility, all dependent upon the credit histories and business volume.

 

This company tells us what the cost will be to purchase factoring for our accounts receivable. Once we arrive at a mutual agreement, the funding begins.�Jeffrey was still a little concerned. He leaned forward in his chair and studied the paperwork very closely.""It sounds too good to be true, Michelle,"" he said.""Now, now, I know, I thought the same thing. But think about it, Jeffrey: they've guaranteed that experts will do all the paperwork, and that will free us up to do what we should be doing - focusing on our customers in good standing, and that kind of stuff. And they're flexible Jeffrey,"" she drew a circle around a paragraph on the document before him.""How flexible?"" asked Jeffrey.""It seems that they personalize their factoring charges so that the amount they're prepared to work with is commensurate with our client's debt and our needs. It only takes 2 to 4 days for this to be figured out. ""It does all sound pretty good, remembering that we are all tapped out now with loans from the bank last year to repair vehicles, and we all know just how tight money is. We need to keep business rolling as normal and every day we�re going unpaid, we�re closer to facing some serious problems in both the short and long term,"" said Jeffrey.He took a deep breath and looked at his secretary with something she recognized as hope.""Exactly�. I think this might just be a way out of the trouble we are in with these folks who owe us money.""Jeffrey took a moment to think about this solution, and agreed with his secretary. The customers who were in debt to King Truck & Haul were professional resources of the company, but they were also long-standing friends. Jeffrey wasn't prepared to lose these relationships just because they were having financial issues at the moment. He was well aware that the economy was in a bad way and that it might be quite a while before things started picking up. That unknown amount of time could create a disaster situation for both of them if he wasn't careful in how these debtors were handled. Of course he did not want to lose any more money, but he did not want to lose business either.""Well, let me think about this tonight Michelle, thank you."" Michelle nodded, satisfied with her work, and she left the office feeling quite content in the knowledge that she had helped Jeffrey keep the shirt on his back, and possibly hers too.Jeffrey stayed at his desk for a long time, looking over the details they hadn't discussed during their meeting. What other issues could freight factoring help King with? Running his pencil down the sheet, he noted that the freight factoring company could assist with fuel costs, fuel advances, and fuel discount cards. Jeffrey was surprised: it said that his company could get up to fifty percent cash advances on load pickups. As a man who hated binding contracts with no room to breathe, he was pleased to see that this factoring company would not make him sign a long term contract, would not make him pay any sign up fees and there was no minimum volume required.""I must tell Jaime the good news,"" muttered Jeffrey to himself.His son-in-law Jaime had liked the idea of King so much and revered his father in law for having such business acumen that only two years before, he had gathered the venture capital to begin his own transportation service company. At that time Jeffrey knew the struggles Jaime would face, but he still encouraged him to follow his dream. With the faltering economy, if a big fish like King was hurting, a little guy like Jaime was about to catch his death. Perhaps the antidote to these problems was in freight factoring, and they were about to find out.A few short months later, after completing the application process, having the legal experts review his credit history, accounts receivable, and statements, finally Jeffrey was beginning to find his way out of the hole his debtors had created for him.They took on reasonable factoring purchase contracts and stopped spending their precious man hours scrambling to collect debt. They used that time to refocus their efforts in being competitive in new territories. Jeffrey recalled those dismal months when he wasn't aware of freight factoring, and he shuddered at those memories. He probably wouldn't be in business today had he not learned just in time about freight factoring.

 

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"

The Future of a Trucking Company, and Factoring The phone was ringing on his desk, and Dan Hart just sat there letting it ring. He let his morning coffee cool and left his cigarette to ash itself in the tray, because he is trying to make the biggest decision ever for his trucking company. Hart Trucking Company had reached a turning point and he now had to make a decision as to whether he should sign up with a factoring company, and indeed if this would be a good or regrettable decision for his business.

 

More than forty years ago Dan's father had started this business working as an owner-operator and eventually growing Hart Trucking Company into a fifteen trailer fleet. There had been some hard times when it seemed everything was going to go under and even Dan�s mother strapped herself into a cab to make hauls. His father had lived long enough to witness the price of hires drop during the recession and watch the eruption of fuel prices afterwards. Now the company was solely in Dan�s hands and he wanted to live to see it in better shape for his sons.

 

To move Hart Trucking Company ahead into the future, he needed a steady cash flow but there was just not enough money to go around. His employees needed to be paid. They had families and household bills too. Some of the refrigerated trailers were in need of repairs and he felt to stay competitive it was also a good idea to invest in specialized haulers to be ready for the constant requests he was getting for loads of new energy and agriculture equipment. Every time he had to turn down a request, Hart Trucking looked weak in a very strong market.

 

He knew what his father would have said - 'wait, take your time before adding new technology'. Dan chuckled, thinking about his father. He remembered when his father was totally against installing GPS units in the cabs. His Dad would say ""Why on earth do you need some stranger telling you to get off the exit that everyone knows has been there for years?� He smiled to himself as he remembered his father poking fun at the other drivers who switched to automatic, even though automatic was quite obviously more efficient (though less manly). He knew his father's days were long gone and new technology was very important for the business, like having Qualcomm to reduce communication time for bills of lading.

 

Dan knew he was right in his forward thinking. What would be the next step for Hart Trucking? More importantly, how could he afford it? Funding was all tied up in the mortgage for the office and garage and in the fuel bills. He just finished paying off the small bank loan for installing satellite radio in the trucks for the guys.

 

But was factoring the answer? There was a lot he didn�t understand about the process. It sounded a lot like ninth grade algebra which just didn�t feel like it belonged as part of the trucking business. A factoring company actually purchases your invoices and takes control of your accounts receivable, payment being a certain percentage of the amount invoiced. The factoring company gives the trucking business its payment right away which allows the business to have continuous cash flow so it can pay employees, buy fuel, and make repairs for upcoming hauls. Without the assistance of factoring, you have to wait for customers to send you the payment which is often 30 days late. During those thirty days the trucking company cannot pay its employees and bills with invoices.

 

Dan had to really consider what his next step was going to be. Dan had heard that there were companies that charged for same day money transfers and would only advance a percentage of the money owed to your company while holding the rest in a private account if they didn�t get their bill payment within 60 or so days. Plus it was worse still if the customer didn�t pay up at all because then the factoring company would take it right out of the money supposed to be coming to you! Through the grapevine, he�d also heard about how some companies suddenly slipped you onto a sliding scale of percentages even if you had already signed a lengthy contract for maybe 3% or 7% so there you are with 10% coming as a cost to you out of the freight bill. His colleague, Ronnie, who owned a trucking company in Missouri, was nearly destroyed by a factoring company who charged him the full freight bill on top of the fees for factoring. Well, what was the point of going to a factoring company if there was shady business like that going on?

 

However, it all turned out to be very simple. All the factoring companies he researched were open about their business practices and very friendly on the phone when he called. Their customer service actually knew things about their company and spoke in nice clear English so he could understand what was being explained. He was quite happy to sign an exclusive contract. He liked the idea of a long term commitment so he knew he wouldn�t have to bother going back and forth to different companies and wasting time filing more forms. Nobody charged him for credit checks and they offered him a fuel advance on the pick-up of the load. In fact there were a few companies who offered him a non-recourse factoring program, and this was exactly what he had been hoping for. He was more than happy with the figures he was offered in percentage terms on the freight bills. It sounded like a great scheme to him.

 

For Dan it was quite a relief to be dealing with the factoring company. They were more personable than those loan managers at the bank. It seemed as though those bank people spoke another language, but these factoring guys knew the trucking business and spoke to him like a client, not like a beggar for a handout. The factoring companies were not interested in his credit nor the financial problems his father had experienced in the past. Factoring was based on the credit of his customers and on their reliability which worked well for Dan because he and his father had built up good strong relationships over decades with their list of clients. So he knew they would understand when the factoring company contacted them for the invoices. His clients would not have any problems, nor would they think poorly of Hart Trucking, because the factoring companies handle themselves in such a polite and professional manner, similar to the way his father had managed the business in the past.

 

Feeling happier now, Dan stepped out of his office to advise his secretary to expect to receive the contract very shortly from the factoring company. There was a new bounce is his step now: he knew instinctively that this new step would raise the future of his company to a new and higher level, and that all the stress from the past could now be put behind him. With the capabilities of this new cash flow, Dan could actually expand Hart Trucking Company further across the country and perhaps even go international into Canada. His heart felt full knowing his sons wouldn�t have to worry about money because of the right decisions he had made for their trucking business.

 

"

 

 

 

 

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Trucking Factoring  Articles

"

�So, this is not a loan?� Howard Nelson asked as he leaned back in his chair, crossing his legs. The woman who sat across the desk smiled and shook her head.�No, not exactly,� she said.Howard was the owner of a small trucking company which had fallen on some hard times recently. Certainly the trucking business can be an extremely profitable venture, and for many years it had been that way for Theodore. His company was called Butler Trucking, named after both of his grandfathers, Eddie and Brad. They had both been hardworking men, and had done a lot to make Howard the same.Disaster had struck half a year ago, when two trucks in Theodore�s fifteen truck fleet went down. One was a roll-over and ended up in the trucking graveyard: the other was involved in a serious and costly accident. The financial security of Theodore's company relied on his full fleet on fifteen being on the road, and missing two trucks was just devastating . Furthermore, buying a whole new truck and fixing the other simply took more cash than Howard had on hand.A big problem a lot of trucking companies came across was how bills were paid in the industry. You could go a month or more before bills were completely paid off. This system works okay as long as no problems arise, but if they do, then things can get quite sticky.Howard was an excellent business man, and he certainly hadn't done anything wrong. Things had happened that he could not have predicted, and he had to figure out a way to keep his business from hurting, or even going under.And that's why he found himself across the desk from this woman. Howard knew she was employed by a Factoring company and that her name was Kristina. Howard had come across her company as he sat in his office late one night, pouring over the internet for some solution to his problem long after his employees had gone home.She sat there now, and explained. �It�s not a loan, we purchase your accounts receivable. We aren�t giving you money to be paid back later, we�re buying something from you, and you can buy it back when you can. This is a win-win situation: we are protected from a total loss, and you're protected from the ridiculous fees and charges you'd have to pay if you borrowed from a bank.Howard nodded. It sounded perfect - perhaps too good?.The woman laughed. �You look like you don�t believe me,� she said.�No, I do, I just think it sounds a bit too good to be true. I actually thought I might end up losing my business.�Kristina nodded. �Yes, we get a lot of that. There's no way we want to see you lose your business. You work hard, you�ve put everything you can into it. Sometimes you need help. That's why we do what we do.""In any case, thank you for coming to see me.""No problem - I'm just down the road. We normally do it all online but I was happy to come and visit you today,� said Kristina with a smile. �Let's work out a solution to your problem.�And with that they set about making a profile.

 

Howard completed the form, with Kristina offering advice as needed.

 

The profile filled Kristina and her company in on Theodore�s company, and would help them determine if he was suitable for factoring. Unfortunately, not all companies are. Some were beyond factoring special brand of help, and sometimes things weren�t even dire enough for it. As Howard completed his form, Kristina listened to his story and she felt quite sure he would be the ideal candidate for Factoring.When the form was done Kristina took it and slid it into her briefcase. Standing up, she reached over the desk and shook Theodore's hand. He also stood up, and they smiled at each other. They said their goodbyes and Howard walked her to the door, and then returned to his office.All his staff members were there, all seven who worked in his office. Sitting behind his desk once more he could hear the familiar sounds of his office workers going about their daily business.He leaned back and closed his eyes. He had felt so helpless lately, was sure the whole thing was collapsing, and would take him with it. But now, after speaking to Kristina and learning all about Factoring, he felt such a huge relief, like someone had just lifted a huge weight off his shoulders. He sat back in his chair and ran a hand through his graying but still thick black hair.The long nights, where he couldn�t sleep. The terrifying panic attacks that occurred regardless of where he was. Already he could feel all the stress start to drain away. He wasn�t out of the woods yet, there was still a lot of work to be done, but he could feel it. He was there, he was on the right path, and he was working to make things right.His mind wandered back to the very beginning, when he first started his business. At twenty-two and straight out of school he had opened a restaurant. It had been successful. Offering home cooking in his own hometown, his business had really prospered.But it wasn't what he really wanted to do. He wasn't passionate about the food industry. He thought about it for a long time, then decided it was time to sell his restaurant. He took half a year off, and in that time he thought to start Butler Trucking. So he did it. Once again he built a company from the ground up. He had been successful.Then disaster! The two trucks went down and suddenly his success wasn't looking so guaranteed. He was about to turn fifty. He didn�t think he had it in him, to save this company. But giving up wasn't part of his personality either.

 

The idea of cutting his losses, shutting down, laying off his workers, it actually made him sick some nights. He didn�t know how to say quit.And now, because of factoring, he was sure he wouldn�t have to. Theodore's eyes opened, he sat forward in his chair and turned on his computer. He had things to do. He could be thankful later, for now, it was time to work.

 

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The reason why Truck Firms Utilize Factoring Companies.

 

As the owner of your own business enterprise, you may be much more than wary already of the challenge in making sure that capital issues do not become a difficulty down the line. After all, the most unfortunate thing that can in all probability occur for your enterprise is to find yourself embroiled in a long and hard condition that leaves you forever trying to find the money you necessitate on an continuing manner.

 

For any type of business enterprise in this instance, the problem can come for waiting for work to clear up and actually be paid out into your bank account. Statements, checks, and the like can take a while to actually to be taken care of which may leave you with temporary available resources issues. Thankfully, there are options out there for industries to explore-- and just one of these is factoring companies.

 

Factoring companies will, in trade for your statements, grant you with the money right away to ensure you do not have to stress over the waiting period which could make paying off the bills and getting toolsmore hard. With this type of setup, invoice factoring can come to be remarkably helpful for many businesses who ought to get out of a cash trap which they have found themselves in.

 

Since, basing on the volume of the task, it can take up to 60 days for many enterprises to get compensated then it is critical to cover up your own back and not leave yourself resources short to pay the expenses. After all, how many enterprises have two months income just occupying there to pay for all their expenditures until they earn?

 

This is primarily true of trucking companies. They have the tendency to handle great deals of statements which means a considerable amount of collection time demands company owner themselves. Striving to get paid promptly can develop into an extraordinary trouble and this is precisely why you utilize trucking factoring companies who are delighted to help out truckers exclusively.

 

As most of us know, trucking is an remarkably big industry with many companies out there working with hundreds of operators. However, plenty of these drivers end up in finances predicaments due to the fact that they are still waiting for work from six weeks in the past to actually pay them. When this is the situation for a trucking agency, choosing factoring providers for aid may be the very best alternative left.

 

This indicates that a trucking business can provide the paychecks of the people, keep all the vehicles topped off with fuel and continue to surmount, develop and expand without constantly waiting for the cash which is taking too long to come in. Trucking Companies working without a factoring program implemented are leaving themselves at notable hazard, as contenders cash out rapidly and proceed to expand.

 

There's genuinely almost nothing to be stressed about when it comes to making use of a Factoring establishment-- they typically are not like a banking company or an individual who is going to leave you with a big mound of financial obligation to pay back. You give them legitimate invoices from work you have already accomplished , you are merely facilitating the payment process.

 

In the United states of America, where trucking enterprises thrive, factoring agencies are not considered borrowing in any capacity. This confidential contract then allows both parties to benefit and indulge in a worry-free future-- it provides the factoring agency a secured asset of earnings to add to the list and it provides the trucking company the needed funds that they sweated to generate.

 

The trucking establishment presents their invoices to the factoring business. The trucking factoring provider then acquire the payments from the trucking company's clients. Factoring has been all around for hundreds of years and has been used for long times by many different business sectors-- but none more so than truckers. While you could miss out on a small part of the money, something like 1-3 % depending on who you partner with, it implies that you are receiving the funds today and can actually start off putting the money to do work.

 

Anyway, an IOU or an invoice is not actually going to fund overheads, is it? For trucking companies when the money can be very good one day and gone the next, it is up to the vehicle drivers to work sensibly and to ensure they are leaving themselves with a substantial volume of time and finance to get through the week up until they are paid once more.

 

So the next time your trucking business is enduring some temporary cash flow issues and you are investing excessive time chasing slowly paying clienteles, why not begin considering making use of a factoring companies as a method to get your finances and give yourself a more convenient future in the eyes of your trucking staff and your bank balance?

 

 

 

 

 

 

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Bank Loans

 

Bank loans are an extremely traditional way for a business to get financing. These loans can be a life-saver, but they're not always available to every business. As an example, a newly formed business may not have the required assets to qualify for a bank loan, and even if they did, it is usual practise for a bank to use the business itself as collateral. This means that if you default on your loan payment you could lose your entire business. Plus, the amount you apply for through the bank is the actual amount that you are going to receive. Of course, once that loan has been re-paid, you can always re-apply for another loan.

 

Trucking Factoring Companies

 

Trucking Factoring companies do not give loans, and the money you get from the Trucking Factoring company does not put you in debt. Rather the financing you receive from a Trucking Factoring company is based on money your business has already earned, but have not yet received. The Trucking Factoring company purchases your accounts receivable, or part of them, for a certain percentage of their value - this is normally about 80-95%. The amount of money you can receive is based on the amount of money you have earned and the accounts receivable you are willing to �sell.� Once a Trucking Factoring account has been created for you, it will continue for as long as you need it, with the money available continuing to grow as your business grows, and providing cash as you require it.

 

Benefits of a Trucking Factoring Company Vs. A Bank Loan

 

Not every business can benefit from Trucking Factoring account financing because you have to have a business with accounts receivable, however there are many benefits for those who can access this type of finance.

 

1. You will not Incur Debt. You do not incur debt as you do with a bank loan because the Trucking Factoring company actually purchases your accounts receivable. One of the main benefits of this kind of financing is that your business credit rating and your personal credit rating will not be affected. Should the unforeseeable happen and your business fails, you will not have to worry about anyone coming after your personal as well as your business assets to pay off a loan. The debt goes onto your credit report with a bank loan, with only one missed payment adversely affecting your business credit: it would also affect your ability to secure insurance, and may reflect on your personal credit rating as well.

 

2. There's no collateral required. Another great benefit of using the services of a Trucking Factoring company instead of a bank loan is that there is no collateral required for the Trucking Factoring company, because the Trucking Factoring company is buying your accounts receivables. In addition, while the Trucking Factoring company does run a credit check on your customers whose accounts receivables are offered for financing, the state of your credit is not an issue. This makes it easier for fledgling businesses to get the financing they need through a Trucking Factoring company (as long as their accounts receivables are in good order) then from a bank, who may not feel that you have been in business long enough to be worth the risk of issuing you a loan.

 

3. You'll receive the money faster. Using a Trucking Factoring company means that you'll get the finance quicker. Once the Trucking Factoring company assures itself that the customers in your accounts receivable are likely to pay their debt, the money is usually in the account within 24 hours. Borrowing from a bank begins with vast amounts of paperwork, the loan must be underwritten, and this can take ages before you're notified if the loan has been approved.

 

4.You receive interest up-front. Unlike a bank loan that continues to build interest that you have to pay the entire time you have your business loan with a Trucking Factoring company, you do not have to continue to pay interest as they take it right off the top, deducting it from the total amount of accounts receivable. So not only are you relieved of those monthly loan payments, but you also do not have to worry about the building up of interest, as every penny in the account is yours to spend on the business.

 

As you can see from the above, there are some great benefits to financing through a Trucking Factoring company, and not through a traditional bank loan. However, there are also a couple of other benefits that a factory company can offer your business is far beyond the scope of the bank. The main benefit is that once you've sold your accounts receivable to the Trucking Factoring company, you are free from having to collect money owed by your customers. The Trucking Factoring company takes over that chore, since it is now their money to collect. Trucking Factoring companies are very good at collecting these debts, saving you the time and effort that you need to devote to your growing company.

 

In addition, since the Trucking Factoring company evaluates the credit quality of your customers prior to purchasing the accounts receivable you gain valuable information into which customers are likely to pay and which ones are not so likely to pay.A Trucking Factoring company is not the only method of gaining access to finance for the running and growing of your business, however it does offer a financing option well worth considering.

 

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