Couriers find themselves in the same boat as haulage and distribution companies - a vast majority of their customers are businesses who are invoiced but until those invoices are paid, costs, including wages, need to be paid. This causes a shortfall in cash and a source of funding has to be found to allow the courier to continue operating.

To satisfy this need of cash to pay staff and costs many successfully turn to invoice factors. By using factoring, courier companies can get advances on their larger invoices (couriers will have many invoices - some of them will me for smaller amounts where the courier may feel it is not worth the discount to factor) to allow them cash to pay suppliers and staff.

To compare couriers factoring prices click here.