Alex E

/Alex Elias

About Alex Elias

Alex Elias is the Director of Factoring Sales and Account Management. In his role, Alex is responsible for the strategic growth of the department, as well as ensuring that every Foley customer receives fast payments and superior customer service. Alex is also an active member of the International Factoring Association and an authority on the current state of the factoring industry.
1 08, 2017

4 Ways to Save Money on Fuel

AUGUST 1, 2017 - Diesel fuel prices across the U.S. remain elevated, currently averaging $2.50 per gallon. According to the American Trucking Associations, diesel fuel is the second highest expense for motor carriers, equaling up to 20 percent of the total operating costs for fleets. And as diesel prices remain unpredictable, more motor carriers are [...]

28 06, 2017

How to Develop Relationships with Direct Shippers

JUNE 28, 2017 - When it comes to developing relationships with direct shippers, a little preparation can go a long way. Not only will you ensure that you’re putting your best foot forward as a business owner, but you’ll be better prepared to negotiate freight rates that are in line with the needs of your [...]

16 05, 2017

Technology That Helps You Get Paid Faster

May 16, 2017 - Now that new Foley customers can review and sign their factoring contracts and other program materials online, they're able to complete the onboarding process and receive their first fundings in record time. In fact, most new clients are seeing their first payments about a week sooner than was possible otherwise. This [...]

20 04, 2017

3 Ways to Stay Organized (and Improve Cash Flow) on the Road

APRIL 20, 2017 - If you’ve ever had to wait for payment because of a paperwork error, you know how important it is to make sure all of your documents are well organized and complete. Unfortunately, this can be difficult to accomplish when you’re running a business from the road. With a little organization and [...]

14 03, 2017

Freight Invoice Collections Improved by Technology

MARCH 14, 2017 - By keeping up with technology, our factoring customers can now look forward to greater accuracy, faster processing times and enhanced communication. Recently, Foley implemented HubTran, a third-party platform that automates many of our back-end billing processes. One of the highlights of HubTran is its ability to "read" and enter data off [...]

21 02, 2017

Factoring vs. Quick Pay: Getting the Best Deal for Your Business

FEBRUARY 21, 2017 - If you work with brokers, you know how convenient they can be in terms of load and payment reliability. You also probably know that the convenience comes at a cost…especially if you opt for your broker’s Quick Pay option. In addition to the high percentage they take off the top of [...]

24 01, 2017

The Cost of Diesel Fuel – Will it Continue to Rise?

Have you been feeling the pain of higher fuel prices lately? The price of highway diesel fuel has been on the rise since January 2016, according to the Department of Energy. While down slightly this past week, prices averaged 47.3 cents higher across the U.S. than last year at this time, and may continue to [...]

18 01, 2017

Considering Factoring? Here’s What to Look For

JANUARY 19, 2017 - For motor carriers worried about maintaining a steady flow of cash, factoring can be the solution. Through an active factoring program, you can get paid for the work you’ve completed almost immediately – without having to wait for brokers and shippers to process and pay your invoices. The key to getting [...]