Factoring Companies That You Recommend For Owner Operators?

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

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  1. SlimGoodyNC

    SlimGoodyNC Bobtail Member

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    SlimGoodyNC, Jul 18, 2024
    #1
  2. TX2Day

    TX2Day Medium Load Member

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    Stay away. Run your business out of your pocket.
     
    TX2Day, Jul 18, 2024
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  3. Deere hunter

    Deere hunter Road Train Member

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    It sounds good, but they'll take all your profit.
     
    Deere hunter, Jul 18, 2024
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  4. Iamoverit

    Iamoverit Road Train Member

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    Factoring is not recommended.
     
    Iamoverit, Jul 18, 2024
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  5. 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).
     
    RunningAces, Jul 18, 2024
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  6. SlimGoodyNC

    SlimGoodyNC Bobtail Member

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    Say no more that what I’ll do
     
    SlimGoodyNC, Jul 18, 2024
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  7. 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 ☺️
     
    SlimGoodyNC, Jul 18, 2024
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  8. DUNE-T

    DUNE-T Road Train Member

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    Phoenix Capital Group
     
    DUNE-T, Jul 18, 2024
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  9. abyliks

    abyliks Road Train Member

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    Say no to high internet payday loans…
     
    abyliks, Jul 18, 2024
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  10. Short Fuse EOD

    Short Fuse EOD Road Train Member

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    Smart move.
     
    Short Fuse EOD, Jul 18, 2024
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