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JD Factors Invoice Factoring Review
JD Factors is an invoice factoring company that is based in West Chicago, IL. They have been in business since 2000, and offer many services for a wide range of industries. Some of the industries they operate in include agriculture, distribution, tech, small business, manufacturing, textiles, and trucking. They are one of the best invoice factoring companies we looked at.
One of JD Factors’s strongest aspects is they offer non-recourse factoring. This works out well for companies because they don’t have to worry about a chargeback if the client doesn’t pay their invoice. These chargebacks can create serious revenue issues, and may impair business operations.
JD Factors is also strong in that they offer 24 hour funding, which ensures that your business will have the resources on hand to grow your business, complete projects, and meet your payroll obligations, which can be a burden for some businesses.
Finally, they received excellent marks for customer service. We found their representatives to be well informed and knoweldgeable, and were able to answer our questions. Better customer service usually leads to better customer satisfaction according to our researc
However, there are some issues with JD Factors. The first is they don’t have that many bad things to say about them. We apologize for the strange introduction to that, but we thought you should know that for the next statements in this review we really had to think about things that were less than perfect about JD Factors, and it wasn’t an easy task.
JD Factors also loses points because they don’t have a very good website, which is a red flag in today’s internet-obsessed culture. Oftentimes we found that a slow or bad website corrosponds to lower marks for customer service and satisfaction.
Finally, they lack the information that businesses interested in factoring need to be able to compare their services to their competitors. As a result, we don’t have the information we need to do a fair apples to apples comparison, costing them points in our review.
JD Factors is an excellent choise for your invoice factoring needs. They rank among the best companies that we looked at for this review, and their services seem to be outstanding. They’re a great place to check out when you need invoice factoring services.