Monthly Archives: November 2016

What Are The Two Types Of Freight Factoring?

78461642_xsFreight factoring is a subdivision of “invoice factoring” or “commercial factoring.” In freight factoring services, trucking companies can sell their invoices or accounts receivables to a factoring firm. The factoring company gets the invoices and offers direct funds to the freight companies.

Now you can check in Google to pick the best online freight factoring service firms that are suitable to your requirement. The trucking industry of each country differs and also their trucking regulations. The website http://www.nti.com.au/files/files/NTI-Guide-to-Trucking-Industry.pdf explains the guide to Australian trucking industry.

Any trucking company can select a freight factoring firm that identifies itself short of money to meet their expenses. Generally, in business, the customers can settle payments for the invoice for the services offered within 30-90 days period, but it is hard to meet business expenses within that time limit. The big difference between factoring and loan is you don’t want to pay any monthly interest, and the factoring company pays you a certain percentage of your invoice.

Factoring is the best option for start-up businesses that need to meet their business expenses to avoid short on money till their customers pay invoice amount. You will defiantly get some money that is helpful to ship your next load. You must say aware that factoring is expensive when compared to the other forms of lending. Before deciding about factoring option, you must know about two types of factoring and pick the best one for you.

The two factoring types are recourse and non-recourse factoring. In recourse type, you should buy back the invoices from the factoring company if your customer fails to pay the invoice amount within a specified period. Because of this, it is not a risky factoring option for the factoring firm. The benefit is that the cost will be low to the factoring company since there is less risk involved.

You can select this option only when you are sure about your customer’s ability to pay the invoices. The factoring firm’s give you better rates since they have the right to take legal action when their clients failed to pay the invoices within a period of time.

In Non-Recourse factoring, the factoring company has all responsibility for the bills once they purchase the invoices. Because of this, the factoring company has a higher risk, and the cost of the non-recourse factoring is expensive than the previous type. You don’t want to worry about buying the invoices later.

Non-Recourse Factoring type is the preferable option in the transportation industry. It is worth to spend some extra money in this cost rather than investing legal cost later in the recourse factoring type when your customers decline to pay. If you want just to sell your invoices, non-recourse factoring is the best option to pick.

You can perform credit checks on your customer, and the reports of credit check will give you deep insight about your customers. Also, this information will be very helpful when using recourse type. The main benefit of freight factoring option is it allows you to grow your business rather than stagnates because of a shortage of cash.

Benefits Of Drinking Filtered Water

beautiful woman drinks water from a glass and showing thumbs upNo matter what your views are on the kind of water that you should drink, the ultimate fact is that filtered water is a smart choice. The thing is that natural water will always contain at least one or two substances that are not fit for consumption by a human being. In such a case it will be better to opt for filtered water.

If you are looking to buy filtered water bottles, then you will not find a better choice than Turapur Water Pitcher. It is one of the very best brands and models of filtered water bottles that are available for purchase and use. If you want to know more about this particular brand of filtered water bottles, then you can read the Turapur Water Pitcher Review.

If you want to get hold of health-related statistics dealing with drinking water, then you can visit http://www.health.state.mn.us/divs/idepc/dtopics/waterborne/statistics.html. There is a very high probability that you will be very surprised with the numbers. You will also be in a pretty good stead if you know about the most common substances that are often mixed with natural water. The fact is that a very high number of the most commonly occurring substances that are found mixed in natural water are not at all fit for consumption by humans in any way.

In order to make sure that the water that you ultimately consume is as fit for drinking as possible you will have to make sure to buy the right water filter. These days a lot of people are opting for filtered water bottles instead of the regular water bottles. This is a smart and beneficial choice because of the fact that a person is able to lay his hands on clean and drinkable water even on the go. He or she will not even need to spend too much money on buying the sometimes ridiculously expensive mineral water bottles.

Elements such as arsenic and aluminum are among the most common substances found mixed in water. These substances can and will have a number of unwanted effects upon the human body if consumed in quantities above the tolerable limit of the human body. It is best that you drink water that is filtered and thus substances such as arsenic and aluminum have been removed from it. This is the way things are supposed to be done.

There are many things about bottled water that most of us have no clue about. The reality is that a very high number of bottled water brands sell tap water after bottling it up. The faith and belief of most consumers are among the things that have kept the business of such bottled water companies going and growing. Please become aware of the real situation by gathering information and thus gaining knowledge. You must always opt for filtered water in order to protect the health of yourself as well as the members of your family. You can get a lot of data and proper information from the reliable sites online.