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The Secret to Being Wealthy - Our Receivable Financing Company Can Provide
Your Trucking Company The Money You Need

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Factoring invoices is beneficial for a number of factors. It permits a truck firm to raise cash without acquiring new debt. While financial obligation is in some cases essential, the majority of trucking firms would prefer to raise money without obtaining cash. Debt is risky, and when it cannot be repaid, assets can be repossessed. If the debt is large enough, it could even force a truck companies out of business.

 

 

 

 

 

 

 

You Can Laugh at Money Worries - if You Follow This Simple Plan - Select An Accounts Receivable Factoring Company Instead Of A Traditional Bank Funding

How to Increase Money Flow Without Borrowing -Cash Money flow is one of the main reasons businesses fail.

At one time or another, every company, even successful ones, have actually experienced poor money flow.

Money flow does not have to be an issue any more. Do not be deceived -- banks are not the only locations you can get funding. Other solutions are available and you do not have to borrow. What is truck factoring ? One solution is called truck factoring. Trucking Factoring is the process of offering invoices to an investor rather than waiting to collect the money from the client. Oh, the Irony- Trucking factoring has a paradoxical difference: It is the financial foundation of numerous of America's most successful companies. Why is this paradoxical ? Since trucking factoring is not instructed in business colleges, is seldom mentioned in business strategies and is fairly unknown to bulk of most of American company individuals.

Yet it is a monetary process that frees billions of dollars every year, enabling countless businesses to grow and succeed. Receivable Loan Financing has actually been around for countless years. Invoice Factoring Businesses are investors 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 customer has actually to pay in the near future. Factoring Principals--Although factoring deals solely with business-to-business deals, a large percentage of the retail business uses a factoring principal. MasterCard, Visa, and American Express all use a type of factoring in their retail transactions. Utilizing the purest meaning of the word, these big customer finance business are truly simply large Commercial Factoring Businesses of customer paper. Consider it: You purchase at Sears and charge it to your MasterCard. The shop makes money almost immediately, even though you do not make payment until you are ready.

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

Factoring offers the ways for a manufacturer to renew stock and make even more items to sell: There is no longer a need to wait for earlier sales to be paid. Receivable Loan Financing is not just a cash management device for producers: Almost any type business can take advantage of Truck Factoring. 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 how much is bound in 60 days' worth of invoices: You can not pay the power expense or this week s payroll with a client s invoice, but you can sell that invoice for the money to satisfy those obligations. Using trucking factoring companies is a fast and simple process. The factor buys the invoice at a price cut, typically a few percentage points less than the face 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 American Transportation Association
states that there are about
205,000 employees with freight trucking
firms and
250,000 personal providers trucking
firms accredited to
run in the States that transferred,
according to their newest data of millions
products, materials and
standard materials .
There are a number of usual
providers either going solo or in
groups on our country
roads carrying these
crucial products to our
shops, factories and shipping ports.

And truck factoring
firms aid
several of them and offer their
receivables financing services
countrywidecounting
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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Searching for the right trucking companies to move your freight can be tough, with the large amount of local, regional, and national truck carriers out there. Center helps make freight shipping simple, finding you the safest, reliable trucking companies every time you ship. Trucking companies are licensed and insured to carry freight safely and efficiently across the country, no matter the size or type of freight you need to ship.Plus, with the high volume of freight we move, we will work to get you the best freight rates possible. Simply enter in a few details below and you�ll see instant freight rates from all the top trucking companies in one easy screen

 

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Click below to find Trucking Companies in the United States:

Trucking Companies serving to/from points within the United States,
categorized by services offered. United States Trucking
Companies will be listed under all categories in which they provide specified Trucking Services.
To find companies offering specific Trucking Services in the United States, click on the list of services below.

Searching for the right trucking companies to move your freight can be tough, with the large amount of local, regional, and national truck carriers out there. Center helps make freight shipping simple, finding you the safest, reliable trucking companies every time you ship. Trucking companies are licensed and insured to carry freight safely and efficiently across the country, no matter the size or type of freight you need to ship.Plus, with the high volume of freight we move, we will work to get you the best freight rates possible. Simply enter in a few details below and you�ll see instant freight rates from all the top trucking companies in one easy screen

 

Searching for the right trucking companies to move your freight can be tough, with the large amount of local, regional, and national truck carriers out there. Center helps make freight shipping simple, finding you the safest, reliable trucking companies every time you ship. Trucking companies are licensed and insured to carry freight safely and efficiently across the country, no matter the size or type of freight you need to ship.Plus, with the high volume of freight we move, we will work to get you the best freight rates possible. Simply enter in a few details below and you�ll see instant freight rates from all the top trucking companies in one easy screen

 

Searching for the right trucking companies to move your freight can be tough, with the large amount of local, regional, and national truck carriers out there. Center helps make freight shipping simple, finding you the safest, reliable trucking companies every time you ship. Trucking companies are licensed and insured to carry freight safely and efficiently across the country, no matter the size or type of freight you need to ship.Plus, with the high volume of freight we move, we will work to get you the best freight rates possible. Simply enter in a few details below and you�ll see instant freight rates from all the top trucking companies in one easy screen

 

 

"

Reid 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 boom times from 2002 to 2007 Reid Truck & Haul was the mastermind of a top-rated accounts receivable in the trucking industry. Very few customers were behind on their bills, and those customers who were late turned in their overdue payments within an acceptable time frame. Times were great for everyone, and the cash was flowing.It was just one year later, in 2008, when the economy in the United States took a sharp decline, and both large and small businesses started to notice the squeeze on their pocketbooks: everyone had suddenly gone silent. Business slowed to a crawl

 

. And worse yet, Reid had noticed during the early part of 2008 that though the bulk of their clients were always on time with payments, the few late-bloomers there were, had seemingly started to spread this illness. Spring changed to summer, summer changed to fall, and the CEO of Reid, Darryl Kelley, was beginning to feel very uncomfortable indeed whenever he looked at their weekly Accounts Receivable reports. There was a growing list of clients who now owed them back debt.He had already been to the administrators to ask what the actual problem was. Were they doing things different, or wrong, when it came to collecting overdue 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. They could not afford to pay him their debt, but they could afford a lesser service, maybe. But after doing the cursory research for this and talking to friends in the field, he found that alas, no, customers of Reid hadn't gone elsewhere. The had just gone!.To Darryl Kelley the situation looked desperate. There were goods to ship, employees to pay, trucks to repair and maintain, and continuous overheads that were very extensive when compared to the funds (or lack of) that were incoming. At night he would speak to his wife Constance and shake his head in frustration.

 

""Lin, I have a really bad feeling,"" he would say with deep woe.""Well, what do you think it is?"" she would ask.Darryl 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. Why couldn�t he work out how to resolve this financial problem with his business?""I think I know what it could be,"" said Darryl. ""I've relied too long on the profits I receive from invoices alone. I've let too many of our customers go too long without paying on their bills."" Constance would look at her husband lovingly, and holding his hand would say 'it is such a harsh economy these days and our clients must be having difficulty meeting their responsibilities'.""Constance was trying so hard to support her husband in these worrying times, while Darryl was weighed down with the worry of how he was going to handle this situation he found himself in.The following day Darryl walked into his office with a spring in his step, determined to call each and every client who owed money to Reid Truck & Haul. Now, it wasn't the most efficient way to spend a day as a chief executive, what he really needed to be doing was to be overseeing all of the other intricacies of shipment and delivery and reaching out to prospective clients or retraining his sales team to do the same. Even though he was doing something to help his company, he knew he had folks on salary to do just this thing. A waste of time - a waste of money - he had the best intentions, but all the while Darryl was realising just how much trouble he was in.Poor Darryl spent the whole morning trying in vain to contact his debtors: they promised to call back, dodged his calls, or made small interest-only payments. He was beginning to feel quite despaired when his secretary knocked on his door.

 

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

 

""Sure thing Jeanette, come on in."" Darryl leaned back in his chair and looked expectantly at Jeanetteerely.""Well, I did a little searching this afternoon and tried to figure out a way out of this mess Darryl."" She pulled a small stack of papers from a folder and set them on the desk before him.""Have you ever heard of factoring?"" she asked.""It sounds vaguely familiar. What is factoring""? he asked.""Well,"" she began, ""It�s actually quite simple really.

 

Basically, factoring invoices means that we would get paid immediately for the loads we haul.""Immediately?"" Darryl interrupted.""Immediately, yes"" she added, ""it is actually very simple. We can have an expert account manager review our numbers and help us complete a company profile. That profile will also include investigating our accounts receivable aging reports, our existing customer credit limits and so on. In addition, factoring will assist in determining our customers' creditworthiness, independent from their credit relationship with our company. It provides a very broad view.""Darryl replied cautiously ""I see - and what happens then?""Well, after their review, and we�re approved for a factoring contract, we can negotiate terms and conditions. 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. The funding commences once we�ve arrived at an agreement.�Darryl leaned forward and reviewed the paperwork closely.""I do not know, Jeanette - it just sounds too good to be true"", Darryl said quietly.""Yes, I know; that's exactly what I thought at the beginning. But really, they have guaranteed us experts that do all the legwork, which would free us up here to focus on our clients in good standing and marketing, all that good stuff. And they're flexible Darryl,"" she drew a circle around a paragraph on the document before him.""How flexible?"" he asked.""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. Apparently they can figure this all out in two to four days.

 

""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 Darryl.He took a deep breath and looked at his secretary with something she recognized as hope.""Precisely�. I think this might just be a way out of the trouble we are in with these folks who owe us money.""Darryl thought about this and agreed with Jeanetteerley. The clients who owed them money were long standing friends and professional resources of Reid. Darryl wasn't prepared to lose these relationships just because they were having financial issues at the moment. Darryl knew only too well that the whole economy was floundering, and that it was not going to change overnight. If he did not handle these debtors in the right way, that unknown amount of time could spell disaster for all of them. Of course he did not want to lose any more money, but he did not want to lose business either.""Let me go over this tonight Jeanette, and thankyou."" Jeanette stood up and left Darryl's office, with the nice feeling of knowing that she may just have solved a very serious problem.Darryl sat behind his desk and looked over the details Jeanette had not mentioned in their meeting. What other issues could freight factoring help Reid with? With his pencil gliding down the sheet he noticed that the factoring company could help fray the cost of fuel with fuel discount cards and fuel advances. In fact, Reid could receive up to fifty-percent cash advances upon load pick-ups. Darryl was a typical business man: he despised binding contracts that did not allow room to breathe, so he was pleasantly surprised to see that the factoring company did not require a long term contract, that there was no minimum volume required, and that there were no sign-up fees.""I must tell Milton the good news,"" muttered Darryl to himself.Milton is Darryl's son-in-law, and he really admired the ideas behind Reid, so much so that only two years before he had started his own transportation service business. At that time Darryl knew the struggles Milton would face, but he still encouraged him to follow his dream. With the economy the way it was, if an established company such as Reid was struggling then the little guys, like Milton, were going to be in even more trouble. But, maybe the answer for both of them was in freight factoring, and Darryl was going to find out very soon.Some months later, having successfully gone through the entire process of the application, having experts study his credit history and statements and review his accounts receivable, Darryl found that he was starting his journey out of the despair which had been created for him by his delinquent account holders.They took on reasonable factoring purchase contracts and stopped spending their precious man hours scrambling to collect debt. They took that time and refocused effort to offering competitive prices in new territories. Darryl recalled those dismal months when he wasn't aware of freight factoring, and he shuddered at those memories. Had he missed the boat on this one, he probably wouldn't be in business today.

 

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The Future of a Trucking Company, and Factoring Vincent Gibson let the phone ring on his desk. His morning coffee cooled and his cigarette smoked away in the tray: Vincent is thinking, and pondering the biggest decision he's ever had to make for his trucking business. Gibson 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.

 

Vincent�s father had started as an owner-operator and had grown Gibson Trucking Company into a fifteen trailer fleet over forty years. There had been some hard times when it seemed everything was going to go under and even Vincent�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. But now things were different: the company was in Vincent's hands and he needed to ensure that this business would be left in great shape for his sons.

 

To move Gibson 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. A few of the refrigerated trailers really needed some maintenance, and in order to stay competitive he really wanted to invest in specialized haulers to meet the increasing requests for loads of agricultural and energy equipment. He knew that turning down these requests made Gibson Trucking look inefficient and weak in what was currently a strong market.

 

He knew what his father would have said - 'wait, take your time before adding new technology'. Vincent chuckled, thinking about his father. He remembered when his father was totally against installing GPS units in the cabs. He would say, �Why do you need the voice of some woman to tell you to get off at an exit that has been the same exit that 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.

 

Vincent believed a successful man is always thinking of his next step. What would be the next step for Gibson Trucking? And how would he be able to 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.

 

He wondered about factoring - was this the answer for him? If he was being honest, he did not really understand how it all worked. It sounded a lot like ninth grade algebra which just didn�t feel like it belonged as part of the trucking business. Factoring companies buy your invoices and manage your accounts receivable for a certain percentage of the invoiced amount. 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. In those 30 days, a trucking company can�t pay its bills and employees in invoices.

 

Now it was time for Vincent to do his homework. He had heard of companies charging for same day money transfers, advancing a percentage of the money owed to your business, while the rest is held in a private account if the bill wasn't paid within sixty or more 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?

 

But it turned out to be quite easy. All the factoring companies he researched were open about their business practices and very friendly on the phone when he called. Customer service appeared to understand their company and explained in clear, concise English exactly how it all worked. He didn�t mind signing an exclusive contract. In fact, he was quite pleased with the idea of a long-term contract because he knew this was a one-off and he would not have to keep going back and forth to different companies. He was not charged for a credit check, and in addition he was offered a fuel advance on the pick-up of a 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. Also he was happy to hear how much he was offered in terms of percentages on the freight bills. It sounded like a great scheme to him.

 

For Vincent it was quite a relief to be dealing with the factoring company. They were extremely helpful and more personable than the bank staff. 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 Vincent 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 wouldn�t think poorly of Gibson Trucking and the factoring companies appeared capable of handling the accounts receivable in the same polite manner that his father had used over the years.

 

Vincent stepped out of his office to let his secretary know to expect the arrival of the factoring contract shortly. He felt exhilarated by the new possibilities that would make the future of the company fun again and put the stress of the difficult times behind him. With the capabilities of this new cash flow, Vincent could actually expand Gibson 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.

 

 

 

 

 

Funding Business Capital

 

Invoice Discount

 

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Trucking Factoring  Articles

"

�So It is not a loan?� asked Randy Peters, reclining back into his chair and crossing his legs. The woman who sat across the desk smiled and shook her head.�No, not exactly,� she stated.Randy 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 Stephen. His company was called Holmes Trucking, named after both of his grandfathers, Juan and Casey. Both of these men had been very hardworking and had set a great example for Stephen.Disaster had struck half a year ago, when two trucks in Stephen�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 Stephen's company relied on his full fleet on fifteen being on the road, and missing two trucks was just devastating . In addition, he just did not have the available cash to buy a new truck, plus repair the other one.A big problem a lot of trucking companies came across was how bills were paid in the industry. Waiting a month or longer for bills to be paid was quite normal. This system works okay as long as no problems arise, but if they do, then things can get quite sticky.Randy 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.That�s where the woman across the desk came in. Her name was Peggy and she worked for a factoring company. Randy 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.Peggy explained. �it is really not a loan at all: we actually buy your accounts receivable. we are not giving you finance to be repaid later: we are purchasing something from you, and when you can you can buy it back. That way we�re protected from a complete loss, but you�re protected from the outrageous fees you would find in a loan from the bank.Randy agreed. It sounded perfect - perhaps too good?.Peggy laughed. �I'm not sure that you 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.�Peggy smiled, agreeing. �Yes, we get a lot of that. Listen, I�d hate to see you lose your company. You work hard, you�ve put everything you can into it. Sometimes you need help. That�s what we�re here for.""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 Peggy with a smile. �Let's work out a solution to your problem.�And right there and then they created a business profile. Randy filled the form out, with Peggy available to help him if he needed it. The completed profile gave Peggy and her company all the information they needed on Stephen's business, and with this information they would determine if this business would in fact be suitable for Factoring. Unfortunately, not all companies are. Some businesses are beyond the help of a Factoring company, while other businesses weren't in enough financial stress to warrant it. Listening as Randy filled out his form, Peggy was pretty sure he was a perfect candidate for factoring.When the form was done Peggy took it and slid it into her briefcase. She then stood, reached across the desk and shook Stephen�s hand. He stood before they shook as well, and then smiled. Randy walked Peggy to the door where they said 'Goodbye', then he went back into his office.His employees were there, seven who worked in the office, and as he sat behind his desk once more he heard the familiar clack of fingers on keyboards, the electronic whine of the copy machine.He shut his eyes. He felt so drained: he had been flailing helplessly for so long, he just knew his business was going to collapse and probably take him with it. But now, after speaking to Peggy and learning all about Factoring, he felt such a huge relief, like someone had just lifted a huge weight off his shoulders. He relaxed into his chair, running his hand through his thick black hair with its telling streaks of grey.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.Randy couldn�t help but think back to when he had first started the business. At twenty-two and straight out of school he had opened a restaurant. It had been successful. Home cooking in his hometown, and he had done very well.But it wasn't what he really wanted to do. His passion didn�t lie with the food industry. He thought long and hard, and then he decided to sell the restaurant. He took six months off, and during that time he decided to create Holmes Trucking. And that's exactly what he did. For the second time in his short life he created 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 nearing 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 did not want to quit - both for himself and for his staff members.And now it seemed as though he would not have to - all because of Factoring. Randy opened his eyes, sat forward, turned his computer on. He had things to do. He could be thankful later, for now, it was time to work.

 

"

 

 

 

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The key reasons why Trucking Agencies Make use of Factoring Companies.

 

As the manager of your own firm, you may well be much more than conscious already of the difficulty in making certain that cash flow matters do not become a problem down the line. Anyway, the most disappointing thing that can possibly happen for your firm is to find yourself embroiled in a long and challenging condition that leaves you forever looking for the funds you require on an ongoing basis.

 

For just about any enterprise in this condition, the challenge can come for waiting for work to clear up and actually be paid into your bank account. Statements, checks, and the like can take a long time to actually to beprocessed which can easily leave you with temporary capital dilemmas. Thank goodness, there are options out there for enterprises to explore-- and among these is factoring agencies.

 

Factoring companies will, in exchange for your statements, grant you with the funds immediately to ensure that you do not need to fret about the delaying phase which could make paying the expenses and obtaining toolsmore challenging. With this style of arrangement, invoice factoring can end up being tremendously helpful for several businesses who ought to get out of a money ploy which they have discovered themselves in.

 

Considering that, depending upon the scale of the job, it can take up to 60 days for some enterprises to get paid out then it is crucial to blanket your own back and not leave yourself cash short to settle the expenses. After all, how many companies possess two months cash flow just lying there to deal with all their overheads until they earn?

 

This is most especially true of truck firms. They have the tendency to handle great deals of statements which means a huge quantity of collection period involves company owner themselves. Making an effort to get paid off in time can develop into an amazing headache and this is the reason why you use truck factoring organizations who are thrilled to help out truckers exclusively.

 

As most of us recognize, trucking is an incredibly massive market with a lot of firms out there utilizing hundreds of operators. Unfortunately, several of these drivers end up in money problems given that they are still anticipating work from six weeks previously to actually compensate them. When this is the situation for a trucking business, consulting factoring agencies for reinforcement could be the most suitable alternative left.

 

This indicates that a truck company can pay off the wages of the crew, keep all the vehicles refilled with fuel and continue to go up, evolve and expand without constantly waiting for the funds which is taking too prolonged to come in. Trucking Establishments running without a factoring program implemented are leaving themselves at substantial hazard, as rivals cash out quickly and continue to broaden.

 

There's honestly nothing to be worried about when it comes to working with a Factoring contractor-- they typically are not like a banking company or someone who is going to leave you with a considerable stockpile of financial debt to repay. You give them genuine invoices from work you have already wrapped up , you are only just quickening the payment system.

 

In the United states of America, where trucking establishments succeed, factoring agencies are not considered getting a loan in any capacity. This private deal then allows both parties to make money and enjoy a worry-free future-- it provides the factoring firm a secured resource of revenue to put into the list and it supplies the trucking company the required funds that they worked hard to acquire.

 

The trucking enterprise presents their accounts to the factoring firm. The trucking factoring business then receive the payments from the trucking company's customers. Factoring has been in existence for centuries and has been used for many years by a lot of diverse sectors-- but none much more so than truckers. While you could miss out on a small part of the money, something like 1-3 % depending on who you work with, it indicates that you are getting the cash today and can actually begin putting the funds to function.

 

After all, an IOU or an invoice is absolutely not going to cover costs, is it? For trucking companies when the resources can be good one day and gone the next, it is up to the drivers to work sensibly and to make sure they are leaving themselves with a significant amount of time and money to get through the week up until they are paid again.

 

So the next period your trucking business is having some short-term cash flow dilemmas and you are devoting excessive time chasing slow paying clients, why not begin taking into consideration utilizing a factoring companies as a way to get your finances and give yourself a more pleasant future in the eyes of your trucking team and your bank difference?

 

 

 

 

 

 

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Bank Loans

 

Finance through a bank loan is the normal, or traditional, way of financing your business. These loans can be a life-saver, but they're not always available to every business. For example, a fairly newly established business simply may not have the assets to readily get a loan from a bank, even if they do, the standard collateral for a business loan is the business itself, which means that if you cannot make your loan payment, you risk losing your entire business. Plus, the amount you apply for through the bank is the actual amount that you are going to receive. Once the loan is paid off, you can then apply for another loan if the need arises.

 

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. The finance you receive from the Trucking Factoring company is determined by money already earned by your business, but 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.

 

What Are The Benefits Of A Trucking Factoring Company Versus A Traditional 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. Since the Trucking Factoring company actually buys your accounts receivable you do not actually incur debt like you do with a bank loan. This has many benefits including the fact, that this type of financing will not affect either your business credit rating or your personal credit rating. 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. With a bank loan, the debt goes onto your credit report, and even one late payment can adversely affect your businesses credit, and even the ability to get insurance and may even reflect upon your personal credit rating.

 

2. No Collateral Required. Another benefit of using a Trucking Factoring company instead of a traditional loan is that you are not required to provide collateral to the Trucking Factoring company in order to secure financing, because the company �buys� the accounts receivables; not loans you money based on them. Plus, the state of your credit rating is not an issue; however the Trucking Factoring company will run a credit check on your clients whose accounts receivable are being offered for financing. 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. Receive Your 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. With a bank, there are vast amounts of paperwork, then the loan has to be underwritten, which can take months before you actually see the loan if it is approved.

 

4.You receive interest up-front. With a bank loan interest continues to build, and this has to be paid the whole time you have a business loan; however with a Trucking Factoring company there is no interest - they take it right off the top by deducting it from the total amount of receivable accounts. So you do not have to worry about monthly loan repayments, and you do not have to worry about the amount of interest payable, because all the money in the account is yours to spend.

 

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. In addition, there are other benefits that a Trucking Factoring company can offer you, outside the scope of a 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. Since these accounts belong to the Trucking Factoring company, this is now their job. 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.While a Trucking Factoring company is not the only way for your business to obtain the money it needs to keep growing, it does offer a type of financing well worth considering.

 

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