Well, not really.
To put it differently, they need to know and respect the regulations just like the trucking business does.
For instance, if there is a crash or other law problem that might affect you financially, they need to understand that.
More importantly, they need to know the particular process that is taking time and need to respect it.
On the other hand, knowing the above-mentioned rules is also necessary for them. They most certainly do not want to be played by trucking companies.
Furthermore, they do not want to be used only for fast cash although the biggest part of their function is quick cash flow.
To continue with, they do not want to be taken away from profiting because it might ruin their business, and yours in particular as well.
Remember: Once you ask them for financial help, you start depending on them financially.
What You Should Look for in a Factoring Company!
When looking for the right factoring company there are certain things that take consideration. For example, every trucking business has its principles and requirements.