We expanded our award program to 16 winners this year so that we could recognize more factoring companies that met our criteria for contract terms, customer service, and leadership. These factoring companies represent excellence in all 3 areas.
IRVING, Texas (PRWEB) December 11, 2018
FactoringClub has recognized 16 factoring companies as winners of their 2019 Best Factoring Company Awards. Over 100 FactoringClub sponsors were evaluated on contract terms, customer service, and company leadership.
Awards are classified into two categories, Business and Trucking, with each category having 8 winners.
Best Business Factoring Companies 2019:
Allegiant Business Finance (WA)
Capital Funding Solutions (FL)
DSA Factors (IL)
Exchange Capital (AR)
Flash Funding (TX)
FSW Funding (AZ)
Mazon Associates (TX)
New Century Financial (TX)
You can see the complete Business awards descriptions at https://factoringclub.com/best-factoring-companies/.
Best Trucking Factoring Companies 2019:
ACS Factors (CA)
D&S Factors (ID)
Freight Factoring Specialists (FL)
Match Factors (SC)
Phoenix Capital Group (AZ)
Provident Commercial Finance (TN)
Tetra Capital (UT)
Vero Business Capital (TN)
You can see the complete Trucking awards descriptions at https://factoringclub.com/best-trucking-factoring-companies/.
All 16 award winners met our top criteria with little or no startup fees; no-term or 30-day contract terms; selective invoice factoring, and no standard minimum volume requirement. Customer service was evaluated on availability, responsiveness, and friendliness. Leadership was characterized by examples of integrity, professionalism, and company core values.
Business factoring companies serve small to medium-sized businesses in commercial industries such as apparel, construction, business services, government contracting, manufacturing and distribution, oilfield services, and staffing. Business advance rates generally range from 80-90%, with high-end credit facilities ranging in size from $500,000 to $10 million.
Trucking factoring companies specialize in freight bill factoring for owner operators and fleets of all sizes, with some offering factoring services for freight brokers. In addition to freight bill factoring, they offer benefits such as fuel cards and advances, broker credit checks, load board services and mobile apps. Trucking advance rates range from 90-100%, with high-end credit facilities ranging in size from $500,000 to $20 million.
FactoringClub is the premier online resource for factoring companies in the U.S. and Canada. Small and medium-sized businesses in search of invoice factoring services utilize our detailed factoring company listings to find their factoring company. FactoringClub has over 100 factoring company sponsors, representing 28 states and 40 major cities across the U.S. and Canada.