Truckstop.com Load Board
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Absolutely horrible experience and I…
Absolutely horrible experience and I would advise haulers to go another route. We are log haulers, in a bad winter we decided to sign up for factoring/load board. Never used it as they had no loads in our general area. Fast forward two years later, went to get a loan for our ranch, there is a blanket lien on every Assest that we own. After numerous calls/ emails I paid a $500 termination fee (that’s not the bad part believe it or not). They have informed me to contact the Secretary of State to terminate the lien. That is completely ass backwards. The lien holder terminates the lien, especially since I paid the termination fee, they can take two seconds to remove it. This hindered our ability to acquire a loan all because they are too lazy to remove the lien that they placed in the first place. I’ve read that putting liens on assets in normal practice with factoring, but definitely appalling that they are quick to put the lien on equipment but make you jump through hoops to remove it. What a joke.