Factoring Company Directory
- Thread starter Paul S
- Start date
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We deal with JD, do note we only factor a couple accounts with them that tend to pay on the slower side. So far they have been great but they require all your tax stuff to be in order so be prepared for that.
Is Z and Z Financial still factoring? I havent seen them around for a while now.
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Unfortunately, their key man, Jay Dhinsa, died accidentally last August. They became non-competitive with their pricing with carriers. They still factor.
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Havent heard of them around at all. they were great factoring company to deal with too
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Do not go for Roviera they are the crooks everything they do is recourse at 5% stay away from them JD much better option.
You might want to avoid SG Capital, they demand payment in 30 days.
As for Revolution, too many customers are on a no buy. Makes it hard to run your business. I tried to speak to Lauren S who I'm told is the owner but he is always on vacation. Might want to try JD Factors
As for Revolution, too many customers are on a no buy. Makes it hard to run your business. I tried to speak to Lauren S who I'm told is the owner but he is always on vacation. Might want to try JD Factors
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I am not sure that I understand your post. Does SG Capital demand payment from the indebted shippers in 30 days? If so, that is exactly what any creditor would expect, yourself included if you were collecting payment for your own invoices. So does Revolution refuse to buy receivables from what they consider to be questionable accounts? Sounds like a good business decision, not extending credit to an entity that has trouble meeting payment terms. It is my understanding that factoring companies assist their customers by providing easily accessible financing based solely on the strength of that customers receivables. If your receivables include historically slow payers, or companies with shaky/poor credit ratings, why should the factor be obligated to assume that risk…..at any percentage?
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Liquid Capital is a network of independent offices across North America. Mine is based in Montreal, but I have clients outside Quebec. What makes us different from any other factor is that each of us funds our own deals, so we have ultimate authority on whether or not a deal gets done. You will deal with me directly and I always pick up when you call. Being an entrepreneur is as important to my clients as it is to me and they like dealing with another entrepreneur. PM me if I can help you.
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