England carrier services factoring

I pay 0 percent by not factoring because why the hell would I invite a company to take an extra piece of the pie. They are also going to keep a reserve of your money and make you sign paperwork that makes them legally the first person to get paid for your work. What an absolute scam.

Most brokers offer reasonable quickpay terms that equal or beat the rates you're going to pay a factoring company.

The ONLY reason I can see to use a factoring company is if you've got several trucks and can't risk floating that kind of money. If you're a one man show using factoring you're screwing yourself and would probably be better off just leasing on instead of having an MC.