Pros

One of Nationwide Transport Finance’s strongest aspects is they have a very professional and easy to use website. Our research indicates that this is a solid predictor of the type of service customers receive, and helps them move up a bit relative to other companies we reviewed.

Nationwide Transport Finance is also strong in that they have non-recourse factoring. This means that the factoring company can’t issue a chargeback on money paid out if your client doesn’t pay their invoice. This setup ensures a reliable  and predictable revenue stream that will help businesses grow.

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

Cons

However, there are some issues with Nationwide Transport Finance. The first is they don’t have much or any information on their site regarding pricing on contract information. As a result you’ll have to get in touch with them if you’re considering their factoring services. much or any information on their site regarding pricing on s that lack transparency are moer likely to have customer service satisfaction issues.

Nationwide Transport Finance also suffers because their discount rate is on the high end, reducing the amount of money your company gets from its invoices. This can be a problem if your business runs on a tight profit margin, and knocks them down a bit in our review.

Finally, their fees are more than you would expect from an invoice factoring company, and that may be a deterrent for many small businesses. Moreover, fees usually indicate that there might be other issues with pricing transparency or customer service.