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Summar Updates
January 11, 2021

Summar Financial Proudly Welcomes Bryan Doty to Its Sales Team

  • Bryan Doty joins Summar as the new National Sales Director.
  • Bryan’s incredible energy and...
Scale ups Factoring
January 06, 2021

All You Should Know About Purchase Order Financing

Purchase Order Financing (PO financing or PO lending) can be of enormous importance and benefit...

Freight Operations
December 23, 2020

Risks and Rewards of Automating Trucking Operating Expenses

Finding ways to save time and cut corners without making mistakes is critical in the trucking...

Freight Cash Flow
December 16, 2020

Simple Tips To Improve Your Negotiation Skills With Freight Brokers

When negotiating with freight brokers, you need to be prepared for some give and take on your...

Summar Updates
November 25, 2020

Gary Salisbury Joins Summar Financial

Miami, November 24th, 2020 – Gary Salisbury is a recognized leader with over 40 years of...

Scale ups Cash Flow
November 16, 2020

What Type of Financing Is Available for Startups?

Every Startup needs access to capital, whether for initial rollout efforts, acquiring inventory,...

Summar Updates
November 11, 2020

Summar Receives a New Award

Miami, November 10th, 2020 - One of our commitments and brand values is to WOW our clients...

Summar Updates
November 06, 2020

Summar Financial Launches its New Website

Miami, November 6th, 2020 -  After a lot of creativity and hard work, we are delighted to...

Freight Operations
November 03, 2020

How to Achieve Success With Your Trucking Business?

All companies were born from the dream of success. We know the day you set a milestone by...

Freight Investment
October 20, 2020

Factoring: A Way of Minimizing Risk From Your Investments

Throughout your company's life cycle, you will require personalized strategic directions that...

Freight Factoring
October 14, 2020

Is Your Factor an Ally To Your Growth?

One of the main reasons truckers choose factoring as their favorite financing option is to have...

Freight Investment
October 08, 2020

What Are the Best Investment Options for Trucking Companies?

Now that the COVID pandemic crisis seems to be calming down and small businesses are opening...

Freight Operations
September 29, 2020

How to Successfully Grow Your Trucking Company?

Taking the first step and starting your own business was the initial milestone in the history of...

Freight Investment
September 22, 2020

When Is a Good Time to Expand My Truck Fleet?

In this day and age, it’s essential to have a truck fleet that can meet the ever-increasing...

Freight Operations
September 10, 2020

How Can COVID-19 Legislation Affect Truckers as the Summer Ends?

The coronavirus pandemic has fast-spread through society after society around the world....

Freight Operations
September 09, 2020

Trucking Industry Trends for 2021

While some of the growth expectations for 2020 indicated that the economy would slow down, the...

Freight Operations
September 03, 2020

Going Digital: How the Trucking Industry Is Becoming More Efficient

An industry with more than 1.8 million drivers, trucking has been transformed by the tech...

Freight Operations
August 26, 2020

Customer Service Tips for Your Freight Business During COVID-19

After America slowly goes back to normal after the Covid-19 peak, freight companies have to...

Summar Updates
July 02, 2020

Summar, Awarded With the Growth Company Award

July 1, 2020. During a Summit held by Gravitas Impact Premium Coaching Organization, Summar, a...

Freight Cash Flow
June 24, 2020

Starting a Trucking Company: How Much Does It Cost?

The creation of a trucking company, like any new business, comes with excitement and challenges....

Freight Cash Flow
February 01, 2020

Tips for Saving Money for Trucks Drivers

Trucking is the single most common means of transporting merchandise in North America and as the...

Freight Cash Flow
February 01, 2020

Calculate Your Cost Per Mile

One of the most important things you can do before you start your trucking business is to...

Scale ups Operations
April 17, 2018

How Many Business Fail in the First 2 Years?

Business failure refers to a situation in which a company or business ceases operations because...

Freight Investment
April 13, 2018

Are You Putting All Your Eggs in One Basket, or Do You Diversify?

One thing that we believe very strongly in with our business is... Customer Diversification. In...

Freight Operations
March 14, 2018

Perspectives on the Transition to Clean Energy in the Transport Sector

Currently, the constant transit of medium and heavy-duty trucks has proved to have a negative...

Freight Cash Flow
March 08, 2018

Why Is It Important to Analyze Your Credit Score and How Can You Improve It?

Your credit score is important for many reasons. In regards to your business, your credit score...

Freight Cash Flow
February 20, 2018

Cash Flow Solutions for Your Trucking Business

According to a US Bank study, 82% of businesses fail due to poor cash flow management. Not...

Freight Cash Flow
February 19, 2018

Cash Is King: Decrease Your Cash Conversion Cycle to Save on Pretax Profits

At business school I was taught that cash is king. Here at Summar we definitely see our clients...

Freight Factoring
February 19, 2018

How Can Freight Factoring Help Your Business?

If you are running a trucking company whether it be one truck or fifty trucks, there is one...

Scale ups Cash Flow
February 16, 2018

Benefits of Supply Chain Finance

Supply Chain Finance is a financial tool offered by specialty finance companies to improve their...

Scale ups Cash Flow
February 14, 2018

Invoice Factoring or Merchant Cash Advance?

We recently met with a distributor who, with back against the wall, is finding it difficult to...

Scale ups Factoring
February 12, 2018

How to Increase Your Company’s Working Capital

 

The working capital of your company is the capital that your business uses to pay for the daily...

Freight Operations
February 09, 2018

Take Advantage of the ELD Mandate

Not all trucking companies are taking this regulation seriously, meaning that on April 1st, 2018...

Scale ups Factoring
February 08, 2018

Is Factoring a Line of Credit?

Factoring also known as Invoice factoring is not a line of credit. It provides the funding...

Scale ups Factoring
February 06, 2018

Why Entrepreneurs and Small Companies Should Consider Factoring

Have you, as an entrepreneur and small business owner had difficulties in securing bank loans...

Freight Cash Flow
November 02, 2017

Fuel Advances With-in 30 Minutes With Freight Factoring!

Take your trucking company to the next level with freight factoring. See how in 30 minutes Summar...

Scale ups Factoring
November 01, 2017

Questions to Ask Your Factor Before Signing

While invoice factoring has many advantages, working with factoring companies can be tricky at...

Scale ups Operations
October 13, 2017

Success Story: Business Invoice Factoring for a Machinery & Equipment Provider

A client called Summar asking for help fulfilling a purchase order. This particular client...

Scale ups Factoring
October 13, 2017

The Benefits of Invoice Factoring

Invoice factoring for an immediate cash flow will allow you to continue running your business, pay...

Scale ups Factoring
October 13, 2017

Invoice Factoring: Supply Chain Finance Program

Summar got a call from a US Based company with a bank loan that wanted to increase their purchasing...