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How To Switch Truck Factoring Companies

Is your factoring company not meeting your demands? Maybe its time you switch.

September 14, 2022
Phil Cohen

Are you sick of your freight factoring company...

  • Being slow

  • Not responding to your emails or phone calls

  • Doesn’t have a dedicated account manager for your account

  • Not supporting your current or future needs

  • Sticking you with fees that you didn’t know about

  • Not having a load board

  • And their lack of fuel cards or advances

  • And are stuck in a long term or auto-renewal contract

Ready to Switch Freight Factoring Companies?

Let us help you find a funder that fits your needs!

how to change truck factoring companies

Let us help you find a better truck factoring company. 

You don’t have to settle for a mediocre funder.

Never factored before? We’ll match you with the best factoring company for you the first time.

We work with factoring companies that offer

Same day funding on copies
No minimum volume requirements
Month-to-month contract terms
No reserve funding
Recourse and non-recourse freight factoring programs
Fuel advance programs
Load boards
Fuel cards
Flexible funding options
No hidden fees

Switching Truck Factors FAQ

What documentation is needed to start switching factoring companies?

To start, you’ll need your contract. We can help explain what is in your contract and what steps you need to take.
Who should I call?
You can call Factor Finders! We’ll help guide you through this entire process.
My current factoring company doesn't have a load board, can you help?

Yes, Factor Finders can help! We work with a network of funders that partner with load boards.
What are your rates?
Rates can vary, but they normally fall between .9%-1%. Call us and we can discuss what our network of funders has to offer.
How do I know I am stuck in a long term or auto-renewal contact?
Usually, this is stated in your contract. Call us, send us your contract and we can discuss it.

Find a Truck Factor That Fits Your Needs

Life is too short (and business is too busy) to rely on a freight factoring company that doesn’t fit your every need. You have the option to switch factoring companies.

The process is a bit confusing for some, but don’t worry — that’s where we come in.

We’re here to help guide you through the process. We’ll learn about what sort of contract you’re in now with your factoring company, help you navigate out of it, then pair you with a truck factoring company that meets your demands and exceeds your expectations.

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I'm Ready To Switch Factoring Companies