Full of lies- scammy predatory factoring company
SMALL TRUCKING COMPANIES BEWARE
The freeze on my funds severely impacted my business. I was unable to properly pay drivers, cover fuel, maintain operations, or keep loads moving consistently. Drivers quit, business relationships were damaged, and my company suffered significant financial losses while I struggled to get answers and support.
What has been most frustrating is the lack of transparency and communication throughout the process. Instead of working collaboratively to resolve the situation fairly, I felt pressured into accepting responsibility for losses before receiving complete accounting and documentation.
For small trucking companies, cash flow is everything. When a factoring company restricts access to operating funds, the consequences are immediate and devastating. I strongly encourage other carriers and owner-operators to fully understand the risks, carefully review all agreements, and make sure they have independent legal advice before entering into any long-term factoring relationship.
Nope
Underwriting has very late response .
I reached out to them to increase the limit. they haven’t got back to me till five hours.
And they won’t increase your limit and they want you to call brokers and release the payment so that’s how they can provide more space for factoring . So at the end, I have to go with other factoring company. And their customer service is not really nice because they can do anything so lastly, when it was time to buyout by other factory they didn’t reply for six hours . Yeah this is true. They pay your invoice within 15 minutes to 30 minutes . Be careful .
Thanks
The worst
Worse factoring company ‼️
If you're considering using their services, do yourself a favor and look elsewhere. I cannot recommend them based on my frustrating experience.
Not the worse but not really the best
H&K Express
Oh, I like this Factoring
%1.5
I am in transportation industry . I had my authority last June. I had a lot of factoring companies ( rts , apex , otr etc ) discuss to get the right rate and service for my business . They all have some kind of fees for anything to get your hard earned money Not at outgo . It's %1.5 or less . No invoice fee no ACH fee no transfer fee . Although you use their debit card for your expenses , the amount of you used won't be charged for factoring fee . Isn't it great ? Ultimately great.
Uploading BOL and rate con to their website or app then you're done. You don't need to type anything to do. Sit back and get paid soon. They have intelligent program to do all stuff for you add for them.
You need to verify broker? Type it to their website for approval brokers , that easy to learn.
And they are all kind and precious .
US ELITE COMPANY
Outgo
Owner of small fleet
Very friendly team
Excellent customer service!
Easy to Use
Amazing factoring company to work with
Easily 5 star factoring company .
Don’t make my mistake. DO NOT start work with Outgo. The worst factoring service in USA!!!
Response from developer
Thanks for your review - we want to apologize for your poor experience, and ask for the opportunity to make it right. We strive to offer our Carriers the best possible service experience in the freight industry - we’d love the chance to dig into your specific situation and work with you. Please give us a call at 201.730.6980, or email us at support@outgo.com, to see if there’s anything we can do to help.
