eCapital Freight Factoring
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Never Factor with eCapital
Never sign up with eCapital for factoring. They will do everything to get fees out of you. Then try to auto renew your contract then try to charge you the $5k. No matter how far in advance you try to end your contract. You will be fighting with them over everything. They are what everyone says they are. A very shady company. They have earned their reputation as the worst factoring company in trucking. Never seen a company fight over $5k. After ripping you off for all the fees they want that money like they are going bankrupt. I have been fighting with the McKenzie Thompson, Head of North American Operations, over this $5k. They were contacted on October 18 that I was not renewing my contract. This was 90 days out when eCapital was requiring 60 days. Then my new factoring contacted them about my buying my outstanding receivables. eCapital on purpose took 3 weeks to respond to all their request. Which took me past my auto renewal dates. Which triggered the $5k buyout. I have been fighting with them for over 3 weeks over all of this. My new factoring company has been fighting the same war. I have emailed every high-level person in eCapital to only end up exchanging emails all day long. Do not sign up with them.