Factoring Companies That You Recommend For Owner Operators?

Discussion in 'Ask An Owner Operator' started by SlimGoodyNC, Jul 18, 2024.

  1. SlimGoodyNC

    SlimGoodyNC Bobtail Member

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    May 17, 2023
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  3. TX2Day

    TX2Day Medium Load Member

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    Stay away. Run your business out of your pocket.
     
    m16ty, Oxbow, Crude Truckin' and 7 others Thank this.
  4. Deere hunter

    Deere hunter Road Train Member

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    Shallowater Texas
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    It sounds good, but they'll take all your profit.
     
    Oxbow, Diesel Dave, Opendeckin and 3 others Thank this.
  5. Iamoverit

    Iamoverit Heavy Load Member

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    Factoring is not recommended.
     
  6. RunningAces

    RunningAces Road Train Member

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    As everyone else has said, do not factor! So many brokers have quick pay options that there is no need to let a factoring company gets its claws in your business. Don't listen to any youtuber or whatever that talks about how great the one they have a marketing contract through is (Triumph pays big bucks to youtubers for referrals).
     
    Siinman, Vitkouski, Soltaker and 2 others Thank this.
  7. SlimGoodyNC

    SlimGoodyNC Bobtail Member

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    May 17, 2023
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    Say no more that what I’ll do
     
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  8. SlimGoodyNC

    SlimGoodyNC Bobtail Member

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    Thank each and every one of you so much. I will run ‍♀️ far away and continue to run my business out of pocket ☺️
     
    TX2Day Thanks this.
  9. DUNE-T

    DUNE-T Road Train Member

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    Detroit, MI
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    Phoenix Capital Group
     
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  10. abyliks

    abyliks Road Train Member

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    ludlow MA
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    Say no to high internet payday loans…
     
  11. Short Fuse EOD

    Short Fuse EOD Road Train Member

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    Midwest
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    Smart move.
     
    Deadwood, Iamoverit and Siinman Thank this.
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