Meet Biff

Our president, David Baker, created Biff. Biff is the character you've probably seen on the mail we send you and now on our website. However, he's more than just a funny looking character. He represents Apex and all that we stand for. At Apex, we believe honesty, quality, and teamwork are not only a few qualities that make us different but what makes us truly stand apart from the crowd. Biff holds cash because that is our core purpose - to provide you with the cash you need to keep your business running.

After all, if you're not running, we aren't either. To help keep you running we constantly strive to focus on reporting, reliability, and value for our clients.

Reporting. It is absolutely essential to have a factor that fully discloses your account activity and provides full accounting procedures. Factoring isn't just about selling your receivables; it's about properly managing your account. And you can't manage your account without proper reporting.

When you submit invoices to Apex you know exactly how much you'll receive, what fees will be applied, and what will go into your reserve each and every time. Your account is constantly updated with new information. Many factors don't provide detailed reports, which leaves the client completely unaware of his financial situation. This is how companies go out of business. How can you run your business if you don't know how much money you have or know exactly what fees you're being charged?

Reliability. A good reliable factor will give you full 24/7 access to your account. You can review all fees, exactly where and when funds are dispersed, and how much you have in reserve. Did you know some factors actually delay mailing of invoices and make little to no collection effort at all as a way to increase your rate?. At Apex, we believe in being upfront, open, and honest. If you have a question about your account or need other assistance, call your Account Executive at Apex. We have a full staff familiar with your account that's ready and willing to help. Choosing a factor with proven service and is consistently reliable will truly make all the difference.

Value. I'm sure you've heard the phrase, "you get what you pay for." Apply that way of thinking to factoring. A factor is just an extension of your business and should be on your side to help you succeed. Some factors may have low advertised rates, but they also have hidden fees and no service. Always ask these questions:

• What is the fee schedule for 31-90 days?
• Are there any monthly fees?
• Are there any minimum fees?
• Are there any application or administration fees?
• When are reserves released?
• Do I have to sign a long term contract?
• Is there a penalty if I don't meet the minimum?

When you choose to factor with Apex, you are receiving more than just an advance on your freight bills. We provide you with a personal account executive, valuable credit information and an efficient collections team. Everything you need to make smart decisions and run your business effectively. We are here to help and want you to succeed. For more information, please call us. We'll be happy to review your account at any time. Our number is 1.800.511.6022. Keep the wheels spinnin'!