lets talk factoring

Discussion in 'Ask An Owner Operator' started by pavrom, Jun 9, 2021.

  1. pavrom

    pavrom Road Train Member

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    ...i will check him out ...hope its not a sales call :)
     
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  3. Midwest Trucker

    Midwest Trucker Road Train Member

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  4. Rubber duck kw

    Rubber duck kw Road Train Member

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    Easy answer is don't factor.
     
  5. Qbf594

    Qbf594 Road Train Member

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    My people use Apex. Plus the fuel card.
    Gives you access to credit scores on your potential broker you might not otherwise have known and leverage to get them paying up if they decide not to.
    It's not only for a fast cash grab...
     
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  6. Atlanta trucker

    Atlanta trucker Road Train Member

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    Blood sucking companies ???
     
  7. DUNE-T

    DUNE-T Road Train Member

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    I can recommend Phoenix capital group
     
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  8. pavrom

    pavrom Road Train Member

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    Thats where i am @ now :) !
     
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  9. DUNE-T

    DUNE-T Road Train Member

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    Weird, maybe you have a bad rep? Ask them to get you a new one
     
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  10. Diesel Dave

    Diesel Dave Last Few of the OUTLAWS

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    Seems if one is “factoring”, they need there money now which means less money when paid(less commission). No thank you, I’m doing well waiting for my “Full” settlements. And have my reserve account handy……
     
  11. wichris

    wichris Road Train Member

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    Why not just go to your bank and work a LOC for less than 1/3% ?

    Even a business manager(factor)account at a bank is less than 1% now.
     
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