transAm factoring

Discussion in 'Ask An Owner Operator' started by meta1979, Jul 21, 2014.

  1. meta1979

    meta1979 Bobtail Member

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    Jul 21, 2014
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    has anybody deal with TransAm factoring or Oak Hill factoring?trying to decide between two or if someone working with other factoring companies please advise?Thank you.
     
    Last edited by a moderator: Nov 6, 2014
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  3. BigKid2

    BigKid2 Road Train Member

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    They are supposed to be one of the worst ones. I called OOIDA and asked if they recommended any and the only one they thought was not terrible is factorloads.com. I use them and am happy with them. You are not locked in to a contract and can choose to factor a load or have them bill and invoice the load.
     
  4. meta1979

    meta1979 Bobtail Member

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    Jul 21, 2014
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    thanks BigKid2...what kind of rates do they have?
     
  5. Derailed

    Derailed Road Train Member

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    Trans am got my number some how and have been ringing my phone off the hook offering there factoring service. Imo it's way too much. My advice would be to look into dealing with brokers like landstar who offer the savings plus plan which is very reasonable if you need to get paid quickly to get up and running. Other's have similar plans as well
     
  6. FireTrucker

    FireTrucker Bobtail Member

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    Run from Trans AM Financial Service as far as possible, I'm so happy that I have never worked with them, but my friend was working with them and it was a nightmare.
    Just Google Rip off Report Trans Am Financial and you will understand what I am talking about.
     
  7. Cranky Yankee

    Cranky Yankee Cranky old ######

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    Green Bay Wi
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    Rip Off Report is one step below supermarket tabloid
    maybe trans am factoring is run by the aliens
     
  8. JackofAllTrades

    JackofAllTrades Bobtail Member

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    Oct 30, 2014
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    My husband has been factoring with Oak Hill for almost one year and we have been very happy with the services. We like that they don't charge fees upon fees like other factoring companies do. Also, they are very attentive- always answer emails and calls promptly. We would definitely highly recommend them
     
  9. AEMTransport

    AEMTransport Bobtail Member

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    I am with Oak Hill also.
    Very pleased with them, amazing customer service. No hidden fees no nothing.

    Deff recommend them.
     
  10. AEMTransport

    AEMTransport Bobtail Member

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    Yeah, what are you trying to say?
     
  11. JackofAllTrades

    JackofAllTrades Bobtail Member

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    Oct 30, 2014
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    My husband drives the truck- I do the billing. I replied to this feed bc I am happy with Oak Hill's services- I deal with them daily. I'm sorry if you find it suspect my first post is about factoring- I don't know what to tell you-like I said I deal with them on a day to day basis and the original poster was asking for opinions on them.
    To the original poster- I hope you found my post helpful-that's what these message boards are here for. Good Luck!
     
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