I wasnt judging you but I was simply stating my opinion on factoring . One of the things talked about on TTR is having cash surplus for when things run south , most would say 2 to 3 months and some would say enough to replace all your equipment if disaster strikes . Those small fees ad up over time , a full year of factoring can pay for Tires on your rig and trailer and than some . Well good luck with the rest of your year and hope you get to the point where factoring is a afterthought .
Well, factoring has already been an afterthought most of my business's existence so far for one reason or another... I survived without it, but would be nice to have the option.. lol
Use anything else possible instead of factoring. Even credit cards are a better option. Those factoring companies are like the mob and they take way too much control over your business when you use them.
On the internet complaining about letting people take your money so you can be paid faster. I have a good answer for this. Don’t ####ing use a factoring company!!
Odd.... after my contact refusing to send me a release letter and then refusing to even explain why, I just got an email from RTS directly sending me a release letter.. I've now officially been released..
