6 Things to Look for in A Freight Factoring Company

If you’re thinking about factoring your freight bills you’ll want to do some research. There are a lot of freight factoring companies out there, but they’re not all the same. There are six things to either look for or think about when choosing a freight factoring company.

First, find a factoring company that specializes in trucking, especially one that’s been in business a long time. This means they’ll have the expertise to understand your business and a trusted reputation.

At Apex, we’ve been factoring freight bills for 25 years we’re committed to providing the best customer service to our clients and helping them successfully grow their businesses.

Almost all factoring companies offer credit checks but they’re not all the same. You shouldn’t settle for anything less than dollar amount credit lines in writing. This will help you make the most informed decisions about potential customers.

At Apex, we have free and unlimited credit checks that can be easily completed on our free mobile app and online portal 24/7. Getting easy access to all of your documents is important! Look for a factoring company that will offer you 24/7 access through an online portal or mobile app.

At Apex, we have an online portal and a free mobile app that gives you easy access to all of your stored documents wherever you are. Finding a factoring company where you can easily contact a representative during business hours is a baseline requirement. But having a dedicated representative who knows you and your business is what you should be looking for.

At Apex, each client gets a dedicated representative so that getting great customer service and building a personal relationship is easy. We know you’re looking for fast cash for your freight bills but it’s smart to choose a factoring company that’s going to give you tools that will help your trucking company grow, too.

At Apex, we have a fuel card with great fuel discounts that can save you $1000s on fuel each year. We even offer a credit line and additional capital for qualified Apex clients when they need it!

Our last tip might seem like a no-brainer but you’d be surprised to know how many people forget this important step. Ask your friends, colleagues, and especially your customers for referrals. Picking a factoring company that has a great relationship with your customers is key to an easy transition into factoring, but don’t stop there! Look at the reviews on, Google, Facebook, and the Better Business Bureau.

Apex has hundreds of reviews available on these websites along with a great reputation in the industry. Those are just six of the things you should think about when choosing a factoring company.

If you want to learn more about Apex Capital or you’re ready to get started then give us a call or head over to our website!

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