New Broker no quick pay over $2k load, do you do it?

Discussion in 'Ask An Owner Operator' started by crocky, Dec 4, 2019.

  1. crocky

    crocky Road Train Member

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    Yea tell me about it, been trying to leave FL since Monday.. lol No one wants to pay anything as it is then add in all the trucks home from the Holiday trying to leave too. Multiple loads so far have been "flakes".. Then suddenly I have a very good unicorn load and then I see the 30 days to pay no quick pay.. and now I'm here..

    I even have a TQL load on the burner for Friday who of course never sent a ratecon.. haha (different load, that I assumed will never be after I remember who TQL was)
     
  2. olddog_newtricks

    olddog_newtricks Medium Load Member

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    You can't get it factored and they don't do quick pay. Too risky. The only way I would take it is with $500 -$600 up front to cover my costs.
     
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  3. crocky

    crocky Road Train Member

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    That's a good suggestion, I'll see how they react to that tomorrow.
     
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  4. TankerYankr

    TankerYankr Light Load Member

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    If they don't do quick then they sure don't have the money to pay you, in other words they are gonna have wait to get paid themselves before they will have the money. So basically you're waiting on 2 people before you get paid.
    I suggest that you only take the load if it's C.O.D., at least the transportation portion, Then make sure you have certified funds in your hand before you unload.
     
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  5. jamespmack

    jamespmack Road Train Member

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    I will ask new broker with proper bond and insurance for a com check. They need to establish credit with me. If they have proper bond and pay a few loads, then they can have 30 or less terms. Not 31.
     
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  6. Judge

    Judge Heavy Load Member

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    Someone will do it, gotta start somewhere
     
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  7. rbrtwbstr

    rbrtwbstr Road Train Member

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    If you can afford it, I'd risk it. Could be a great way to start a working relationship with what could be a good broker. Who knows?
     
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  8. Tug Toy

    Tug Toy Road Train Member

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    If they are new I’m sure thy would have a hard time our running there bond.

    We don’t quick pay or factor with anyone. We wait on every broker and customer. We don’t have very much trouble. Maybe 4 or 5 phone calls a year for late pay. Only had to file on a bond one last year.
     
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  9. fordconvert

    fordconvert Light Load Member

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    I did that when I was a brand new O/O. I called about a high paying load from a brand new broker.
    Thank God, he was honest. I never had to worry about getting paid on time, and I ran that same haul 2-3 times a week for about 7 months. His brokerage grew, but he assured me that I was always the first one he called to move a load. I ran several one-off cream puff hauls for him too.
    Eventually, my equipment had changed, but he checked in with me every so often (for about 3 years) to see if I wanted to haul for his firm again.
    If I change trailers again, I know who I can call for good paying freight.
     
  10. crocky

    crocky Road Train Member

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    Well, I guess they are learning well like all brokers do.. Never got a ratecon from them, so maybe someone else took it cheaper or something.. I'm not completely distraught about that, because I wasn't real thrilled about 30 days to pay being I'm still new as well.. I could have dealt with it, but I'd rather get my money sooner right now anyway..

    Also fun stuff my 2ndary back burner load for Friday from TQL.com is listed again right now.. Which I knew it would be, can't trust those clowns any further than you could throw them. I knew when they wouldn't send me a ratecon they were chumps..

    I don't think there is a shortage of drivers out there.. I think there is just a bunch of brokers that need tossed out the 13th story window..:D
     
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