Carriers and Brokers - LISTEN to what Tom says about the UCC placement BEFORE you sign. I see carriers hung up by this daily! Personally, I would not work with a factor that would do this.
Why to use factoring companies if most of the brokers have quick pay option, and most of the time it is lower % than factoring company charge. And if you have UCC report on the business, most of the banks won’t give you business line of credit because of UCC