I wasnt judging you but I was simply stating my opinion on factoring . One of the things talked about on TTR is having cash surplus for when things run south , most would say 2 to 3 months and some would say enough to replace all your equipment if disaster strikes . Those small fees ad up over time , a full year of factoring can pay for Tires on your rig and trailer and than some . Well good luck with the rest of your year and hope you get to the point where factoring is a afterthought .
RTS Factoring, beware...
Discussion in 'Ask An Owner Operator' started by crocky, Jun 1, 2021.
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Midwest Trucker, ProfessionalNoticer, Snailexpress and 1 other person Thank this.
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Maybe pay an attorney to send them a letter.
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Speed_Drums Thanks this.
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Use anything else possible instead of factoring. Even credit cards are a better option. Those factoring companies are like the mob and they take way too much control over your business when you use them.
Last edited: Jun 3, 2021
Midwest Trucker Thanks this. -
On the internet complaining about letting people take your money so you can be paid faster. I have a good answer for this. Don’t ####ing use a factoring company!!
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Odd.... after my contact refusing to send me a release letter and then refusing to even explain why, I just got an email from RTS directly sending me a release letter..
I've now officially been released..kemosabi49, nikmirbre, Speed_Drums and 1 other person Thank this. -
crocky and Speed_Drums Thank this.
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Trucking Jobs in 30 seconds
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