BBA Client Testimonials - Nationwide

Business ⇓, Factor’s Rate ⇑

Business , Factor’s Rate

"We were factoring with a large Bank owned factor when our volume dropped due to losing a major customer. The Bank wanted us to leave, but we could not match the pricing that we had in the marketplace. BBA found a new home for us at a competitive rate, and we haven't...

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Too much paperwork

Too much paperwork

"We started not long ago with one truck. Our factor had us mailing all of our invoices to them before we could borrow any money. When we grew to 10 trucks, we had to hire someone just to do all of this paperwork, and we were still paying the same high cost of...

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Too Many Factors

Too Many Factors

"After working for a trucking company for years, a few of us decided to go out on our own and create our own transportation company. We do quite a bit of intermodal and were not aware that some Factors can't or won't factor that type of invoice. We were ready to go,...

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Think You’re with the Right Factor? Get a free analysis

Think You’re with the Right Factor? Get a free analysis

"We've had a great, long term relationship with our factoring company. Sometimes a competitor would call and offer a better deal, but I didn't want to risk disrupting my business over a change in rate. I believe in long term business relationships, and price is not...

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Paying the price for Familiar

Paying the price for Familiar

"We had the same factor for years and we were busy growing our business year over year. BBA called us and we reviewed our pricing. It really opened our eyes. We had no idea that we'd been paying so far above the current market rate! Although we had a good relationship...

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No One Answers Phone

No One Answers Phone

"I needed a factor that would pick up the phone, that understood my business model and that I could speak with to resolve issues. BBA Factoring understood exactly what we needed. They found us a factor who went beyond claims of the latest and greatest technology and...

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I’ve Outgrown my Factor

I’ve Outgrown my Factor

"We wanted to leave factoring to save money after getting a bank approval. But the buyout became a problem. Our factor advanced 95% of the invoice amount and the bank's limit was 80%. The only way that we could switch was to come to the closing table with 15% of our...

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Factor’s Service Deteriorated

Factor’s Service Deteriorated

"We factored with the same company for many years. Their service was acceptable, but had deteriorated recently. The daily frustration took its toll, but the thought of switching was daunting. How would we know if the next place wasn't worse? BBA took the time to...

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Can’t See My Own $ Online

Can’t See My Own $ Online

"My factor had good rates, the latest technology and the customer service was fine. However their internal policy prevented my online viewing of reserve balances. It made my internal accounting difficult and I never knew where I stood. I overlooked it to keep the...

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Declined at the Last Minute

Declined at the Last Minute

“My previous business partner had a blemish on his record that made finding a Factor difficult. The only approvals I could find were offered with higher rates. Fortunately, I was referred to BBA. They were able to get me into a competitive contract rate with a...

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Credit Limits Too Low

Credit Limits Too Low

"I had a great relationship with my factor. But when one of my major customers sold his company and launched a new one, it presented a problem for my factor. With little financial information available on the new company, my factor was hesitant to offer a credit limit...

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