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Factoring companies?

Discussion in 'Ask An Owner Operator' started by Cheepjeep8, Oct 12, 2021.

Page 1 of 3
  1. Oct 12, 2021 #1
    Cheepjeep8

    Cheepjeep8 Bobtail Member

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    Has anyone found a factoring company that is worth a crap? I'm a new authority, been a o/o for a few years. i have plenty of cash in the bank but there are situations where i think it would be smart to factor a load. I also don't always have time to go chasing down brokers for payment. If you guys have any suggestions pass them on please.
    I use truckstop.com primarily for a load board, and they have a factoring service at 2.99% i thought about using, anyone have any experience with them?
     
    Cheepjeep8, Oct 12, 2021
    Cheepjeep8, Oct 12, 2021
    #1
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  3. Oct 12, 2021 #2
    ProfessionalNoticer

    ProfessionalNoticer Road Train Member

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    How hard is it to send an email or make a phone call?
     
    ProfessionalNoticer, Oct 12, 2021
    ProfessionalNoticer, Oct 12, 2021
    #2
    RedForeman Thanks this.
  4. Oct 12, 2021 #3
    Cheepjeep8

    Cheepjeep8 Bobtail Member

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    I didn't ask for your judgement as to why i want to use a factoring company, i asked if anyone has any experience with a good one. You have a nice day
     
    Cheepjeep8, Oct 12, 2021
    Cheepjeep8, Oct 12, 2021
    #3
    Skwhirl, Bean Jr., DUNE-T and 1 other person Thank this.
  5. Oct 12, 2021 #4
    ZVar

    ZVar Road Train Member

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    Because that doesn't answer the question asked. He wants to know peoples experience with them, not their marketing bs.
     
    ZVar, Oct 12, 2021
    ZVar, Oct 12, 2021
    #4
    Bean Jr. Thanks this.
  7. Oct 12, 2021 #5
    ProfessionalNoticer

    ProfessionalNoticer Road Train Member

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    I didn't pass judgment. I asked a simple question. You clearly stated you wanted to use factoring because you have no time to, "chase down brokers" to get paid. Those are your words, not mine.

    I know good and well you have time to make phone calls. You're driving all day. The time you took to make this post and respond to me took the same amount of time as it would have to email a brokerage's A/P Department as well.

    There are countless threads here asking your same question, over and over and over again. Use the search function and you'll see there's no such thing as a free lunch. Have a good day!
     
    ProfessionalNoticer, Oct 12, 2021
    ProfessionalNoticer, Oct 12, 2021
    #5
    RedForeman and shanman Thank this.
  8. Oct 12, 2021 #6
    Cheepjeep8

    Cheepjeep8 Bobtail Member

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    My time management is none of your business, my motivations for anything is none of your business. If you can't be helpful then piss off.
     
    Cheepjeep8, Oct 12, 2021
    Cheepjeep8, Oct 12, 2021
    #6
    p608 Thanks this.
  9. Oct 12, 2021 #7
    ProfessionalNoticer

    ProfessionalNoticer Road Train Member

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    You made it everybody's business when you posted it on a public forum.
     
    ProfessionalNoticer, Oct 12, 2021
    ProfessionalNoticer, Oct 12, 2021
    #7
    RedForeman Thanks this.
  10. Oct 12, 2021 #8
    Cheepjeep8

    Cheepjeep8 Bobtail Member

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    Wow you're an ####### aren't you. You obviously have nothing to contribute other than being a troll, so why don't you just move on.
     
    Cheepjeep8, Oct 12, 2021
    Cheepjeep8, Oct 12, 2021
    #8
    p608 Thanks this.
  11. Oct 12, 2021 #9
    ProfessionalNoticer

    ProfessionalNoticer Road Train Member

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    Just admit you don't have enough money to issue 30 days credit to multiple brokers.
     
    ProfessionalNoticer, Oct 12, 2021
    ProfessionalNoticer, Oct 12, 2021
    #9
  12. Oct 12, 2021 #10
    Cheepjeep8

    Cheepjeep8 Bobtail Member

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    what is your deal man? why continue to come in here and #### on my thread? i don't have to prove anything to you.
     
    Cheepjeep8, Oct 12, 2021
    Cheepjeep8, Oct 12, 2021
    #10
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