In today's fast-paced world of trade, managing cash flow can be a daunting task for small-to-medium...
Summar Financial
Recent Posts
How AVVIA Overcame Client Concentration to Secure Bank Financing
In the highly competitive aviation industry, maintaining consistent cash flow is essential for...
Critical Issues: Top Concerns for Small Trucking Companies in 2024
As the trucking industry navigates another challenging year, the 2024 American Transportation...
The Best States for Cheapest Commercial Truck Insurance in 2024
Navigating the world of commercial truck insurance can be overwhelming, especially for...
Empowering Growth: MT International’s Journey to Traditional Banking
In 2020, MT International identified a unique opportunity within the Latin American food industry....
Tips for Saving Money for Truck Drivers
Updated September 2024—Truck driving isn't just about getting from point A to point B—it's about...
How to Start a Successful Trucking Business in 8 Steps
If you're an experienced trucker, a passionate road warrior, or an owner-operator with the ambition...
Starting a Trucking Company: How Much Does It Cost?
Updated, August 2024. Starting a trucking company comes with excitement and challenges, like any...
Turning the Tide: How D&T Reclaimed Financial Stability
D&T, a Miami-based distributor of consumer electronics across Latin America, found itself in a...
Back to Basics: Choose the Right Truck for Your Company
Whether you started a trucking company or want to expand your fleet to take better hauls, you're...
Crustrade: Navigating Towards Success in Seafood Importation
In the competitive world of seafood importation, Crustrade emerges as a success story, overcoming...
Top Staffing Firms Strategies to Adapt to Today's Job Market
It's a challenging time to lead a temporary staffing firm. The landscape is rapidly changing, with...
Top 5 Load Boards for Trucking Companies and Carriers – 2024 Edition
Choosing the right load board can make all the difference for trucking businesses and carriers....
The Rising Costs of Trucking 2024: A Comprehensive Analysis
The trucking industry is the backbone of the American economy, responsible for moving 72.2% of the...
The Power of Skills-Based Hiring in Temp Staffing
In our last blog post, we covered the core issue of 'why' skills over credentials in hiring...
Skills or Credentials? The Classic Argument in the Staffing Industry
As the leader of a staffing agency, you've likely confronted this debate more than you care to...
AI's Impact on Recruitment for Temp Staffing Companies
So, imagine you are the Recruitment Director of a temporary staffing agency. You're comfortable...
AI In Staffing: How Artificial Intelligence Impacts Temp Agencies
What's the future of AI in staffing?
As a former CEO in the staffing industry, I've witnessed...
Staffing Compliance: Classifying 1099 and W-2 Workers Correctly
As a leader within a staffing company, one of the biggest challenges you might face is classifying...
Vizcaino vs Microsoft: A Story on misclassifying temporary workers
Do I engage my temporary staff on a 1099 or W2 basis?
This question is fundamental. It dictates...
Mastering Finance Essentials: A Guide for Staffing Agency Executives
Think about it: at its core, a temporary staffing agency is a payroll mechanism. Every billable...
Client Spotlight: Embracing Innovation for Strategic Growth
Adaptability and innovation are crucial for success, especially within the dynamic landscape of the...
Leading a Temporary Staffing Agency: The Top 10 skills essential for Success
Staffing leaders must fully understand that the staffing industry is a dynamic force that is...
Leading a Temporary Staffing Agency in Today's Market
The demand for flexible and skilled workforce solutions has never been greater in the fast-paced...
Major Insurance Challenges and Related Expenses for Temp Agencies
As your staffing company grows, so do the complexities of managing its operations and costs. And,...
Best Practices to Overcome Insurance Fluctuations in Staffing
"While payroll remains the largest cost, insurance is a close second"
Imagine this: You're the...8 Reasons Why Staffing Companies Use Factoring
In staffing, success isn’t just about securing clients; it’s also about managing cash flow...
How Can Staffing Companies Deal With Cash Flow Difficulties?
You’ve likely heard this before… “When Payroll is due - but you are waiting 30-90 days to receive...
How Does Factoring for Staffing Companies Work?
Staffing firms are the backbone of modern workforce management, providing crucial human capital...
Staffing Industry Trends in the US (2024)
The outlook for the staffing industry in 2024 presents a mixed picture, with some industry...
The Advantages of Factoring for Temp Staffing Agencies
Do you own or have leadership duties at a staffing firm? How would you rank your biggest business...
What is Payroll Funding? Understanding Staffing Factoring
In the staffing industry, it is paramount to have consistent cash flow to achieve success. However,...
Preventing Fraud in Freight: Strategic Cargo Theft on the Rise
The issue of cargo theft through double brokering remains a significant concern in the US trucking...
5 Key Questions Small Carriers Should Ask Freight Factoring Companies
When you're a small player in the transportation game, managing your cash flow can be quite the...
Where Does the Convoy Shutdown Leave Small Carriers?
The Convoy collapse was as quick as it was sudden. Convoy commanded a $3.8 billion valuation less...
Critical Issues: Top 10 Concerns of Trucking in 2023
Atri's annual report sheds light on the critical concerns for carriers and owner-operators in the...
Preventing Fraud in Freight: Tips for Carriers
Protect yourself from falling victim to scams that could impact your bottom line.
Fraudulent loads...
What is Freight Factoring?
If you are running a trucking company, whether it be one truck or fifty trucks, there is one thing...
Why Fuel Cards are a Must-Have for Truckers and Owner Operators
If you're the owner-operator of a trucking company, you know that times can be tight and keeping...
Preventing Fraud in Freight: The Credit Check Advantage
Fraud can, unfortunately, occur in any industry, and lately, there has been a rise in incidents...
Everything You Should Know About Trucking Insurance
If you are starting your trucking company or trying to catch up with more opportunities to upgrade...
Turn Your Cash Flow Into a Competitive Advantage
It's no secret that cash flow, or the lack of it, is a risk factor for many companies. But there is...
Top 5 Cities and Ports That Receive the Most Shipments in the US
The most populated cities in the US are a good start to understanding what cities receive the...
Summar Launches 1 PM Cut-off Time Nationwide for Same-Day Purchases
Improve your Trucking Route – And your Income – With These Pro Tips
Step one, plan your routes. Just as you plan the significant milestones of your company, you need to
Three Ways to Increase Cash Flow for your Small Business
Business owners still believe cash flow is a top concern. In fact, a study published by Capital One...
Term Loans vs. Lines of Credit: Which One Is Right for Your Business?
When your business needs funding to grow, bridge cash flow gaps or take advantage of a can’t-miss...
Seven Starter Steps to Organize Your Small Business Finances
Going into business for yourself is a big deal. There’s always a long to-do list and if you’re not...
Seven Entrepreneurs Reveal How They Scaled Their Business
In every successful entrepreneur’s life there comes a breaking point: When you either must clone...
Is Invoice Factoring Right For Your Small Business?
If your business, like many others, has outstanding invoices and slow-paying customers, you don’t...