Scale ups Factoring
February 09, 2022

Industries That Can Benefit From Invoice Factoring

From agricultural and food production to staffing and frozen foods. At Summar, we offer factoring...

Freight Operations
February 02, 2022

How Can Truckers Survive Slow or Challenging Markets?

The last few months have been proof of how everything can change in a matter of days. Slow markets...

Trucking
February 02, 2022

How to Take Care of a Reefer Truck

If you drive reefer trucks, your top priority is the maintenance of the refrigerated box. For...

Scale ups Factoring
January 26, 2022

How Can International Factoring Improve your Company's Balance Ratios?

Export factoring is the transfer of the collection rights of the invoices issued by an exporter,...

Freight Cash Flow
January 06, 2022

Standby Hours: What Are They and How Do They Affect Your Cash Flow?

Many things can delay the loading of your truck, causing frustration and affecting the way you...

Freight Operations
November 23, 2021

Trucking as a Career: Why Is This the Best Time to Start?

The world needs more truckers. If we could learn anything during the pandemic about logistics and...

Freight Operations
November 10, 2021

Crucial US Cities for Trucking: The Five Most Significant Locations

UPDATED IN AUGUST 2024

If you want to work as a truck driver, or you already are, but you want to...

Freight Operations
October 12, 2021

Improve Cash Flow with Freight Factoring no Matter Your Business Stage

Funding challenges for trucking companies creep up at any possible moment. In the beginning, there...

Freight Operations
August 31, 2021

Top Three Load Boards for Trucking Businesses and Carriers

The best load boards in 2021 include some of the longest-running service providers in the industry....

Freight Operations
August 25, 2021

2021: Facts About Trucking and The Future of Freight

It pays to start with the driver when discussing how the trucking industry will evolve over the...

Factoring
August 19, 2021

Invoice Factoring or Bank Loan?

When choosing a financing option for your company, it is important to consider all the...

Freight Operations
August 12, 2021

Tools and Figures for Reinvesting in the Trucking Business

Trucking business owners need to reinvest a certain amount of money every month, quarter, and year...

Freight Operations
July 28, 2021

9 Financial KPIs To Measure The Health Of Your Trucking Business

When you are trying to grow your trucking business, you need more than an optimized cash flow. You...

Freight Operations
July 19, 2021

Technology Is A Good Investment For Truckers, Discover Why

Technology is one of the best investments a trucking company can make for the health of its...

Freight Cash Flow
June 24, 2021

5 Steps To Optimize Your Cash Flow and Funding for Trucking

Your cash flow is vital for the health and success of your trucking business, that's a fact. If you...

Freight Cash Flow
June 15, 2021

Build An Easy Strategic Business Plan For Your Trucking Company

Whether your trucking company is just starting or you are looking to expand your operations, a...

Scale ups Factoring
March 30, 2021

What Invoice Factoring Is and How It Works

Have you ever considered invoice factoring in the moments you have required fast and secure funding?

Freight Operations
February 25, 2021

Choose the Perfect TMS for Your Small Trucking Company

Finding the best fit can be overwhelming in a world full of options, especially regarding...
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 to...

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...

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 every...

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 announce...

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 starting...

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 allow...

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 back...

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 demands...

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. According...

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 trend....

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 adapt...

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...

Scale ups Cash Flow
March 01, 2020

Factors Stepping into the Shoes of Trade Finance Banks

In this post, we want to comment on the various products that have emerged in the field of trade...

Freight Cash Flow
February 01, 2020

Calculate Your Cost Per Mile

Updated September 2024.  Cost per mile (CPM) is a crucial metric for truckers, as it represents the...

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 it...

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 the...

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 Your Credit Score Important, 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 because...

Freight Cash Flow
February 19, 2018

Cash Is King: Use 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...

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: which is right for you?

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 needed...

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 and...

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...