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...

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....

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

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 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...

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...