Can brokers have more than one factoring company?

50% upon pickup and 50% upon delivery via comcheck, wire transfer, QuickPay or whatever else. Post that in comments when posting a load on the board, or people might not even bother to call you.
I, for example, only book loads on this terms with new brokers.

 

I don't use factoring, but I use their "factor or not" check mark on the DAT board. Funny that new brokers have to deal with almost the same credibility issues as new carriers. But the fact is that I would stay away form new brokers. It may not be too fair, especially being a new MC# myself I should be more understanding. Yes, maybe if I was offered some hefty advance for no charge, I'd be convinced.

 

Just use carriers that don't factor loads.

 

Offer COD through all payment platforms ie: Zelle, Cashapp, PayPal, etc. before they unload. Or 50/50 pickup and delivery the same way or through Comcheck. As a carrier, once I find out that you’re not factorable, the first thing I ask is “Is this load COD?” But 50/50 is really best because it’s also like a fuel advance for those who don’t have gas cards. The fuel for the load is covered up front, which is more incentive to take the load for you.