Perhaps factoring seems "too good to be true", and in many ways it is. (see what our Clients say)
 
But please be careful! All factoring companies are NOT created equal, especially when it comes to freight bill factoring. There are many issues to consider, and many of them do not revolve around the fees you will be quoted!
 
Here are a few questions you should ask of any factor, presented to help you make a smarter choice.

• Does the factor have expertise in freight bill factoring?
• How difficult is the approval process?
• Is the factor being upfront about due diligence fees?
• How long will it take for you to get your Factoring Contracts?
• Does the fee structure 'lock you in'?
• How about those pesky wire fees?
• Minimum fees and guaranteed factoring volumes–are these for you?
• Is Non-Recourse available?
• What is the factors commitment to customer service?
• Is the factor operating on antiquated software?
• Can the factor guide you through essential paperwork?
• What size accounts is the factor's specialty?
• Is the factor licensed?
• And most importantly–how long does it take to turn your invoices into cash in your bank?