A load board service from a factoring company uses a platform to connect trucking companies and independent truck drivers with shippers who need to move freight.
Factors provide financing to transportation companies by purchasing their accounts receivable. By offering a load board service, a factoring firm gives your transportation company another way to find freight to haul. This, in turn, helps you generate more revenue and improve your cash flow.
Load boards offer businesses a range of benefits and features, including: