Leaving a factor

How to leave your factor in 5 steps

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

First, see what leaving costsYour Exit Tax, the reserve still held and your last day to give notice →
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

Want the Exit Kit by email?

These emails aren’t switched on yet, so nothing is sent today. Leave your email and we’ll keep your request.

See if you’re overpaying

Add your rate and exit terms. See an estimate of what you pay and what it costs to leave, then get offers in writing.

No calls. Your number never goes to a factor unless you pick them.

See if you’re overpayingNew to factoring? Get offers →

Leaving a factor? Rate them in about 5 minutes. Every review is checked. Rate your factor →