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 estimate...
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...
Freight Factoring
February 19, 2018
What Is Freight Factoring?
If you are running a trucking company, whether it be one truck or fifty trucks, there is one thing...
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...
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: Invoice Factoring for a Machinery & Equipment Provider
A client called Summar asking for help fulfilling a purchase order. This particular client provides...
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...