Asking around

Discussion in 'Ask An Owner Operator' started by Sparks88, Mar 26, 2016.

  1. Sparks88

    Sparks88 Bobtail Member

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    Mar 26, 2016
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    Does anyone know of a factor company that will pay me for my loads I haul for a small percentage I found one called factor spot but don't know if they are good or not
     
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  3. Largecar359

    Largecar359 Road Train Member

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    Don't really understand the question. That's what a factoring company does, is pay you for your load at a percentage. Then they get the money from broker or shipper. Usually like 3-5%
     
  4. Sparks88

    Sparks88 Bobtail Member

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    Mar 26, 2016
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    I could have worded it differently do you know a name to one
     
  5. Largecar359

    Largecar359 Road Train Member

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    Oak hill, thunder funding, and factor finding. But you gotta ask others on here. I don't factor so I dunno who's the best.
     
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  6. EMCO_Trans

    EMCO_Trans Light Load Member

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    Thunder Funding is good, I use them. PM me if you have questions.
     
  7. Diesel Dave

    Diesel Dave Last Few of the OUTLAWS

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    Hesperia, Ca.
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    Not being sarcastic but why would you need need to use a company like that ? Some brokers will pay you immediately for a percentage also. I myself have always waited for any settlement to come when they tell you. I have always had a cash reserve from day one when I went on my own. When the P.U.C.(public utilites commission) was around, in order to file for a Cal T number, you needed $5000.00 in your business account to get that number to run in California. Don't know how the other States worked, this was back in 1980's.
     
  8. TireFire

    TireFire Bobtail Member

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    Hell pilot/flying j have a factoring company lol, do your research and pick what you think is best, I just wait for the settlements or take the quick pay if I need to
     
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  9. Sparks88

    Sparks88 Bobtail Member

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    Mar 26, 2016
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    I was told loves did but anyone I asked didn't know anything about it
     
  10. purpleprime

    purpleprime Medium Load Member

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    Who did you ask at loves , they have signs about loves factoring above every urinal and on most of the doors
     
  11. TireFire

    TireFire Bobtail Member

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    May 30, 2015
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    Ask a manager, your 2am cashier won't know a #### thing
     
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