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Frequently Asked Questions
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Q) Do I have to factor all of my company’s account receivable?
A) No, you can pick and choose those brokers you wish to factor.
Q) How do I know which of my customers you will factor?
A) You can find out any one of three ways.
1. Carriers can click on the Factorable link. You can then enter the broker/shipper's MC, name, or other information to know whether or not they are factorable.
2. Send an email to support@dsfactors.com with their legal name and MC number and we will respond within 24 hours (weekdays).
3. Call our Customer Service line at 208-452-1902 and speak directly with an account representative.
Q) What is the difference between factoring and a bank loan?
A) Factoring is selling your accounts receivable. A bank loan is a line of credit that is secured by your receivables.
Q) How does factoring benefit my company?
A) When you factor, you generate immediate working capital ~ improving your cash flow without adding any debt. Factoring also helps your company improve its overall financial situation by protecting your assets, allowing you to focus on your priorities and grow your business.
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