Factor Facts

Leaving a factor

How to leave your factor in 5 steps

Free letters and a contract checker. Everything you type stays on your phone.

Outgo

0 of 5 done
1

Find the important parts of your contract

Paste your contract. We highlight notice, exit fees, and auto-renew. It stays on your phone.

Open contract checker

2

Write your notice letter

Type the notice days from your own agreement. The letter uses the number you type.

Fill in my letter

3

Ask for your payoff and your money

Ask for the final statement, each fee, and when held money comes back.

Open the payoff letter

4

Ask to end a UCC filing

A UCC filing is the factor’s public claim on your invoices. A new factor will usually want it released first.

Open the UCC letter

5

Tell your brokers where to pay

Only once your end date is confirmed in writing.

Open the broker note

Left your factor?

Tell drivers how it went – easy, slow or a fight.

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