Thinking About Factoring? Buyer Beware
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Thinking About Factoring? Buyer Beware
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If you’re going to factor, there are a few things you need to know in advance. Linking up with a factoring company comes with risks, and OOIDA has the receipts and horror stories to prove it. For that reason, the Association tells its members to avoid factoring if they can help it. But OOIDA is also realistic and knows that many people rely on factoring to keep their business running – so if you’re going to factor, Tom Crowley, Jim Jefferson and Trevor Williams have some advice that could save you some sizeable headaches – or even worse.
Join the Owner-Operator Independent Drivers Association: https://www.ooida.com/membership/
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