Financial Matters

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  • 1.  Need suggestions on Broker Factoring Companies

    Posted 12-27-2023 10:01

    Hello Everyone,

    Can you please advise which factoring company is best for new brokers? 



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    Vijay Saini
    President
    VS Freight Solutions, Inc
    San Jose, CA
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  • 2.  RE: Need suggestions on Broker Factoring Companies

    Posted 12-28-2023 10:42

    We use Rev Capital.  Check them out.



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    Alex Sikes
    President
    A Plus Warehousing and Logistics LLC
    Bloomingdale GA
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    Original Message


  • 3.  RE: Need suggestions on Broker Factoring Companies

    Posted 12-28-2023 12:29

    I have only used HaulPay. They are a good company and rates are reasonable. Ask for Justin.  Digital Freight Finance, Payments and Load Board - HaulPay

    HaulPay remove preview
    Digital Freight Finance, Payments and Load Board - HaulPay
    ComFreight provides leading digital freight financing and payment solutions for brokers and carriers, and advanced freight load boards.
    View this on HaulPay >

     



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    Don Schierer
    ON IT Freight Systems, LLC
    Galax VA
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    Original Message


  • 4.  RE: Need suggestions on Broker Factoring Companies

    Posted 01-16-2024 07:14

    Check out Denim.com and ask for Phil Beam! He's great.



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    Ashley McMillan
    SMB Account Executive
    Trucker Tools
    Reston VA
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    Original Message


  • 5.  RE: Need suggestions on Broker Factoring Companies

    Posted 02-10-2025 15:04

    Were you able to find a factoring partner? Wintrust is a $65Bn bank that provides factoring lines of $2MM+ to freight brokerages. Happy to discuss if you'd like.

    Joe



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    Joe Panico
    Senior Vice President
    Wintrust Bank DBA Wintrust Business Credit
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    Original Message