So we started to get more freight ( totally wasn't planning that ) but it has blossomed into something bigger than we have ever expected.
We currently offer a 5% quickpay ( I put it at 5% in hopes people would say no and just take the 30 days ) and to my dismay every single carrier we have outsourced has taken the 5% quickpay.
I have enough funds to cover everything but gosh darn it puts me on edge personally have to wait that 30 days so I'm looking for an outside solution.
Is there a factoring company out there that we can partner through where we pay the factoring company in 30 days but they pay the carriers quickly which results in $0 dollars out of my account?
Factoring, but not really....
Discussion in 'Freight Broker Forum' started by bonder45, Nov 5, 2022.
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Siinman, D.Tibbitt, Big Road Skateboard and 1 other person Thank this.
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Personally I do not need to factor, my reserves are perfect where they are at. It just gets a little dicy when I have to quickly carriers up to 50-100k / month then won't get my money from my customers 30 days after that.RJM1953 Thanks this. -
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