Freight factoring questions

Three things: what the factor advertises, what the contract says, and what verified drivers report. Each one stays in its own place. Open a factor from the directory.

A score needs 5 verified reviews from different carriers. Until then the report shows the advertised facts and “No reviews yet.”

No. Factors can’t pay for reviews, scores or rankings, and we never remove a review because a factor asks.

Recourse means you may have to pay the factor back if your customer never pays. Non-recourse means the factor takes that risk, under the rules in the contract. Ask which one a factor advertises before you sign. Where our facts come from

It is the part of the invoice the factor holds back and sends after your customer pays. The amount and the timing belong in your agreement. If that money is late, start with the steps for the rest of the payment. Payment late? Do this now

Some agreements say yes. The report lists that only when the factor advertises it. Paste your own agreement and look for a minimum or an all-loads clause. Find the important parts of your contract

A UCC filing is the factor’s public claim on your invoices. A new factor will usually want it released before they fund you. The UCC letter asks them to end that filing. Ask to end a UCC filing

Start with our late payment steps. They include a message you can copy to your factor. Payment late? Do this now

The notice section of your agreement decides that. Our exit steps walk through the letter, the payoff, and the UCC filing. How to leave your factor in 5 steps

Find the notice section in your agreement, send notice in writing the way it says, and ask about the UCC filing. Our exit steps walk you through all five.