Quote:
Originally Posted by BigRich
Hey folks,
Im new to the trucking industry and never used a factoring company before. Im considering using Apex Capital Corp. for there factoring and fuel card services.
Any comments or complaints on their company?
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If you are thinking about getting your authority, the last question you should be asking, is about factoring.
If you already have your authority, then only use a non recourse company.
The only one I know of is D&S, there may be others.
None recourse means, that you are not responsible, if the broker does not pay.
Also use factoring sparingly.
I would take quick pay before I would factor.
Reputable brokers, will have quickpay avalable.