Trucking companies often face significant challenges in securing credit due to the industry’s inherently volatile cycles and operational uncertainties. Freight demand can vary seasonally or even year to year, and cash flow is frequently impacted by delayed payments from clients. All of these factors make it difficult to meet consistent financial obligations.
Additionally, many transportation businesses lack the extensive credit history that traditional lenders require, which complicates access...
https://www.freightwaves.com/news/trucking-companies-need-a-lender-that-understands-transportation