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1st Commercial Credit was established in 2001 and is a Texas-based company offering accounts receivable financing and factoring.
WHAT IS OFFERED:
- 30 Day Factoring Trucking Rates as low as 0.69% – 1.59%
- Fuel Card Discounts
- Same day funding on credit approved shippers or brokers
- No up-front fees to set up.
- Flexible approvals – same day decisions.
- Free credit checks online
- No monthly minimums
Overall impression of 1st Commercial Credit – Neutral
MAIN CONCERNS / HIGHLIGHTS
1) No Information / feedback online – company is too new.
2) No BBB accreditation
3) No TheTruckersReport.com comments
4) No RipOffReport.com reports filed
1 – Neutral Report
Neutral comment posted on TheTruckersReport.com on 7-29-10
Potential client stated:
“Next step is to get a factoring agency. I’m so lost on this one it’s not even funny. I’ve heard a lpot of bad things about them but I dont think I have other options. So far I’ve heard about Eagle (4% , 1st commercial credit (1.59%), and the truck stop D&S (5%)”