Getting Paid With Your Own Authority RTS Financial Factoring

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Fuel Cards & Factoring
Getting Paid With Your Own Authority RTS Financial Factoring
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Factoring & Fuel Card
Factoring
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Alec Heline
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Getting Paid With Your Own Authority RTS Financial Factoring
#rtsfinancial #trucking #getpaid

[@jennifermoton6433]

My authority became active on 8/10. RTS contacted me. I’m going to go ahead and sign up with them. Thank you 😊

[@emanuelreyes4148]

Thank you so much my man. I needed to hear this. Lifting you and your company in prayer! May the Lord keep blessing you in Jesus name

[@robertm.1818]

John 15:15 KJV - Henceforth I call you not servants; for the servant knoweth not what his lord doeth: but I have called you friends; for all things that I have heard of my Father I have made known unto you.

[@sophiasmith-td8ui]

Out of all my research this was the best one. I was searching and looking for someone to make it simple and offer valuable info. This helped me Launch my business. Thank you so much.

[@tgmmicky]

Straight to the point and a lot of good info. Thanks bro.

[@buddy1976]

Bruh this has got to be the best video explaining how to get paid frfr ... man thank you bruh

[@SuperMobly]

There are very few honest people like you sir. Thankyou!

[@fredericktucker6200]

Thanks for sharing this info. Im just getting started under my own authority. I appreciate your help

[@bernardwilliams9294]

Appreciate you dropping knowledge bro. Great video.

[@rauljerez7868]

Man. Ive watched 50 videos on this and this video was the best! Blessings brother thank you

[@lestheindependentunlesslik6882]

Thanks man I’m going to watch it again remember now I haven’t seen any of this before I have a friend to help me but I don’t even know questions to ask thanks I’m glad people like you are out here

[@lorimorgan3807]

Your information is so on point. And easy to follow and understand.

[@Theaddman]

I had a company set up my authority and they recommended this company. About to find out for myself. Thank you so much for all the information is very valuable.🙏🏻

[@kidsfun6125]

Good stuff. Thank you for this video.

[@floydlee9430]

Thank you Bro...I'm starting my company and you dropping jewels on me...keep doing you and God Bless

[@lakishawoodmore2096]

Great info ‼️ I’ll be reaching out once My authority is good 👍🏾

[@ymaweis]

Thanks for the perfect explanation.

[@kingdavid6040]

Just joined. Thanks driver.

[@ronaldwjackson1]

Very very helpful!

[@williamtocajr.6483]

This was exactly the info I needed. Thanks Bruhda.

[@qs2364]

Great information 👍

[@_C_J33]

Good information!

[@thereal_fran724]

Hey came across you channel and been stuck I’ve watch 10 videos today on my off day and glad I did YOU DA GOAT💪🏽💪🏽💯💯💯

[@iamkomos]

I appreciate that. I’m glad the videos are helpful

[@Beastmode-ip6bq]

Thank you brother, very helpful info

[@northwoodsmn9811]

Thanks so much😎

[@sergeypetrov8185]

Very well explained 👍

[@stunninglystephaniellc7653]

Starting my new Authority...im going to contact them. thanks for the info

[@marvinromero109]

i have learn soo much more with you brother thank you

[@racfree]

Just signed up I told them you referred me

[@grim789]

Great info man about to fill out my fmcsa form so learning everything I can right now.

[@stevengaston9195]

Good Afternoon.. Great Video , Good Information.. Thank You .

[@jayr9324]

Hey steven are you signed up ?

[@Antoinehowlett]

New authority here 💪🏿💯💯💯

[@imjussayin2603]

Great info

[@viralvideostrending5782]

awesome video, very helpful. like the str8 details, to the point.

[@boochieandhistruck8133]

Thanks bro!!

[@vinsoncurtis8341]

Good information brother appreciated the video

[@modeliversllc6457]

thank You, very helpful

[@omermahalbasic2533]

Thank you

[@jacobhetzel2452]

Correy thanks for the awesome shout out! Please call me in the above information for all your FACTORING & FUEL discounts! I would love to get you a great quote at a LOW rate today! -Jacob RTS Financial

[@FLO1980.]

Thank you 🙏🏾 we are so new and I have done a lot of research. And we went went RTS. Doing our first load tomorrow.

[@JR-nn5yq]

How’s it been?

[@Is-there_a-ChristianGod]

He fucked up RTS is a terrible company

[@urielmorales9434]

@@Is-there_a-ChristianGod how is rts bad. Please explain. We are new here

[@kevinwhite3685]

@@Is-there_a-ChristianGod everyone else says rts is the best

[@Is-there_a-ChristianGod]

@@kevinwhite3685 read the reviews mine comment is based on my experience and I let a lawyer read my contract after the fact

[@pabloaimal3682]

This is very helpful, I have no words to describe this act of kindness. Not giving money to people make you kind sometimes but these are the factors and I would love to learn more from your and your understanding videos . I really appreciate these videos ..

[@iamkomos]

RTS does have recourse. But I have never had a recourse because I only work with reputable brokers. I don’t understand why this is a problem for people. For example if you worked with a broker that didn’t pay you would be out of the money. So why would you expect the Factoring company not to want their money. Also you’re right you can only have 1 factoring company at a time but I don’t have to factor every load with them. I only factor loads if I want to. If I work with a broker and want to get paid directly from them I can

[@wiztrucker5545]

Blessed up brother. Thanks for the info question can I get all my my Mc dot # without the truck

[@Myblackisbeautiful100]

Great video!

[@teatrahan6295]

Thanks for the information!! What is a good bank to do a business checking account with ?

[@jtandmomo6691]

Great info thanks

[@Tracks777]

amazing stuff

[@ACTHEMOGUL]

Ok this answers my fuel question but I never heard of factoring..this is all new and really good information that I never heard anyone talking about

[@jayr9324]

can help you out i know a giy at RTS

[@tvman62]

Good info bro.... nice vlog!!

[@robsamazinworld8159]

I just told them you referred me

[@360republic5]

Thanks bro

[@Mradm86]

I talked to someone else at RTS but he said he was going to call Alec to get you credit 👍 put your last name up there.

[@SuperTiger2110]

Thanks bro I really appreciate it 🙏

[@km-hd6dz]

I really appreciate this video. Do you have any good insurance company with reasonable rate and do you go into Canada. What's a reliable GPS system

[@benbravo1457]

GOD Bless you my man…You just answered all my questions with this video…you break it down really well. Thank you

[@robertm.1818]

John 15:15 KJV - Henceforth I call you not servants; for the servant knoweth not what his lord doeth: but I have called you friends; for all things that I have heard of my Father I have made known unto you.

[@JustanotherLisa]

Don’t believe everything u hear. RTS is not good. Always read the ENTIRE contract. THAT IS THE BEST ADVICE I CAN GIVE U. RTS is not one of the good ones. The advice he gives is what we all know.

[@robertm.1818]

@@JustanotherLisa Thz u. I will research it and do my homework. God bless you 🙏❤.

[@bigjfd75]

@Elizabeth who do you recommend?

[@zadokmotorfreight2423]

Glad I saw this! I have the RTS fuel card and am just now getting set up with their factoring! Excellent video!!

[@JustanotherLisa]

Read the contract. It’s NOT the best factoring company. Where we are we only pay 1.5% to the factoring company NOT 5%.

[@kellyskinner101]

@@JustanotherLisa so where are you at and what company are you with if i may as please

[@arnelahuskic7703]

What percent does RTS take from that load? Let’s say the load is $1500, how much are they taking before they pay you and it’s deposited in your account?

[@og6340]

Bro great advice do you run semi Or hotshot ? I already got most of the paperwork done just waiting on my mc and insurance and then what truck I’m going to get

[@vickiegreen7223]

I am starting a new authority next week

[@gacalyare4467]

great videos , thanks , i really needed to hear this , i got a quick question though , i'm just waiting my MC to get active after that will brokers give me loads or i have to wait till 6 months and how many drivers am i allowed to have in the beginning.

[@kidd6055]

Hey man I’m starting getting my cdl numbers and all what was the answer to your questions

[@antonioedwards6278]

Just started my company, I'm thinking of choosing Porter Capitol

[@ronaldwjackson1]

How do you get rate sheet? Is it on load board?

[@rollycarrizales1980]

Good advice bro

[@iamkomos]

Appreciate it

[@deehux5122]

what truck do you use and what length trailer

[@absalomjim16]

thank you so much for this. I was wondering how I would do this. I just signed up with RTS yesterday . Thank you.

[@donitmyself8935]

Hey you been with RTS for 8months How has your experience been? I'm looking for a factoring company.

[@absalomjim16]

@@donitmyself8935 Unfourtanetly I never got started with the company, but RTS was pretty good. I told them the situation and they were understandable. They do call me once in a while to see if ready to start.

[@donitmyself8935]

@@absalomjim16 I hope you found something that works for you. Thank you for the reply. I'm reading though there contract right now to see if it fits. So far it looks like there the least greedy of the industry that I have seen just due to all the benefits and the % There is a clause that state if you sell them under 5k worth of BOL's in a month you % for the next month goes to 3.75 from 2.75. That still isn't bad considering others rates.

[@bobbyyokista8535]

What is a good factoring percentage..

[@flicndills123]

I’m with rts as well. Only thing I don’t like is they lock you in for 1 to 1 1/2 years. And you can’t get out

[@javierlujan4281]

Is it a flat fee they charge? Give me the ugly that nobody else is talking about

[@dmars_e8762]

Is there a application fee?

[@kirveniaalfred8745]

New authority

[@klong72]

Do you still have that business plan template

[@itseclectic24]

How do freight dispatchers get a dot number for uber freight? Ty

[@kencarter2582]

Good Video Sir I got the RTS fuel card also they call me pitching that idea about factoring but I told Jacob I was fine with my Company I m leased too but gd information spot on

[@milyonarefayne6708]

Do you have any information about Insurance

[@allupinu5792]

Good stuff bro... question can I choose what invoices I want to sent or do I have to send all my invoices ?

[@iamkomos]

You can choose. You don’t have to invoice all of them.

[@FelixxDaily]

It say add account in factoring tab. What that means?

[@718gabriel]

What is the percentage they charge for having one truck

[@og6340]

Man after I talk to RTS and they said they would help me get my authority insurance I was sold .

[@MrTuhefner]

😲😲

[@MrTuhefner]

Really?….. how did it work out???

[@xrebirthx4393]

Did you get a dyno or oil sample on your truck when purchasing it form select? Freightliner and lynn told me its a waste.

[@iamkomos]

No I didn’t get that.

[@xrebirthx4393]

@@iamkomos Thanks, bro. Leaning alot from your videos. 💯

[@natcoziay]

If you can, I absolutely recommend a dyno and an oil sample!! Ofcourse the dealers don't want you to get it because those tests will tell you if something is wrong inside the engine. Dont believe the dealers. I get oil samples on my trucks every other oil change. These tests let you know in advance if your engine is having issues. These tests can save you tons of money and possibly save your business!! Real talk!!

[@divinewisdom702]

Hello, do you submit the BOL and the Rate Con to the broker and the factoring company?

[@iamkomos]

Just to your factoring. The factoring company will send it to the broker to get paid.

[@Limabravo29]

Would a factoring company be necessary if you already have a dispatcher, or its only if you are booking your own loads?

[@BlessednFree]

Don’t get your own authority

[@beemerguy2160]

Lol. Please stay in that company truck.

[@undercovercitizen1066]

Also Convoy does not Factor at all

[@MyTJAMAL]

Do you still have to email the actual broker invoice and BOLs

[@iamkomos]

They have a app

[@susanishottt27]

Whats the link to RTS?

[@veejaymali4871]

Hello there! I am considering to become owner operator but do not know how to go about and would like all the tools and knowledge of pits and falls right from buying a semi getting all permits and then operating management of running the business. Could you please give me some pointer s links etc or consultant Apps etc. Thanks a lot. Veejay Mali.

[@Weldeador0813]

What %they chargeyou per each paycheck

[@RomanEmpire16]

Great video my question is this don't you have like a contract with a 5k termination fee or some type of fee? Not to mention is this a full recourse or non-recourse company? Are you aware that 99.9 percent of broker now have quickpay and not to mention most companies will pay you on average 15 days not 30-60 like they factoring companies want you to think , you should consider eventually not factoring at all and keeping that money for yourself it adds up , factoring companies offer fuel cards but so what you can get a discount fuel card anywhere without signing a contract for factoring, not to mention don't you have a minimum you have to fuel per month ?

[@BeeSmith320]

Hello so with quick pay how do I need a app to get quick pay

[@themagnificent9296]

I need answers to all the questions you just asked‼️💯💯🔥🔥

[@reezee412]

I'm looking into getting rid of RTS now.and it's only been about 2 months.I havnt received funds in 3 weeks and have been getting the run around.might as well terminate and wait for shipments for free instead of waiting and having to "ask" them for my money

[@guanaca96]

Question Sir, I am thinking of dispatch business, my question is if I want to pay the drivers myself with a business check would I be able to get a factoring account? And cash the drivers checks? Let’s say if there’s a driver who doesn’t have a factoring company? What do we do in this case?

[@iamkomos]

If you don’t have your own authority you won’t be able to work directly with brokers. So you would have to use the driver’s authority. Setting up a factoring company for drivers with authority should be easy. Email me at [e-mail] I can send you some information to pass along

[@guanaca96]

@@iamkomos I see alright thank I appreciate it I will definitely be emailing you, thank you.

[@Dnice31222]

How much they charge for rts

[@Christian-sg8kw]

When the broker has to pay you detention, how you do to add that to the invoice?

[@iamkomos]

2 ways. The easiest way is have the broker send you a new rate confirmation with detention added then send to factoring. The second way is if you factor the original rate confirmation. The broker will usually send the check with your detention money added. When the money is paid to your factoring company they will pay it to you which will usually be 30-90 days later.

[@bobbyyokista8535]

How hard is it to get loaded with your own authority

[@dextermontgomery501]

Rts is not looking good for me. They are taking forever to factor a invoice I submitted.i got 6,000 worth of invoice still not paid yet

[@reezee412]

I got 15 grand in invoices and they're giving me the runaround.I'm ready to terminate and it's only been 60 days.I havnt had a deposit in 3 weeks.they keep playing with my money

[@safetrucker]

Thanks for info bro . Starting my own authority, trying to learn everything while I can . I’ve only driven locally day cab delivering groceries

[@keephiscommandmentsandlive9860]

I'm in the same situation. I'm driving for US Foods and am now and learning what I need to know to take this next step. How is it going for you?

[@safetrucker]

@@keephiscommandmentsandlive9860 its not hard once you learn everything , it’s got it’s up and downs . I’ve made it past the 90 day prohbation . Just stay on top of renewals and make sure your vehicle is in tip top shape ! If you need to know anything specific let me know brother and I’ll be happy to share .

[@keephiscommandmentsandlive9860]

SafeTrucking mama’s boy, thanks bro. I'm about to set up my LLC and find a truck and get my authority. My question is should I do my LLC and authority myself to save money, or let a pay company to handle all that. My friend told me it's a lot of responsibility. And do you have S corp? Thanks bro

[@safetrucker]

@@keephiscommandmentsandlive9860 I’m an llc ,but someone was trying to tell me to go scorp to protect my money . So research which one benefits you bc I don’t know the difference besides I was told having an llc would separate my personal money from the business . I have to research why they said that . It wouldn’t hurt to let a company do it for you . If you did it yourself you’d save a couple hundred of course . It’s not hard at all .

[@retieceharris5975]

Can a trucking company you working for , as a owner operator change a racom on paperwork and put the load on , their own letter head or paperwork .

[@iamkomos]

That don’t sound right.

[@retieceharris5975]

@@iamkomos It seems like i have to file a law suit , on this matter and some other things , like taking money for liability insurance on my truck that i own , which have my own insurance on my truck for the last three years . which they can't show me a insurance policy on my truck . no telling how many other drivers they are doing this to .i guest i have to make it a class action law suit .

[@AlannaGrace711]

So can i send any cxarrier to pick up a uber load ?

[@iamkomos]

As long as the carrier is onboard with Uber

[@Hoodbeastsdmc]

I'm in process of getting my authority now. What brokers except new guys that have just gotten their authority

[@iamkomos]

Email me bro I’ll get you a list

[@Hoodbeastsdmc]

@Tyrone Barnes I got u

[@Hoodbeastsdmc]

@Tyrone Barnes can you get decent local loads

[@Hoodbeastsdmc]

@@iamkomos 💯👌🏽

[@Hoodbeastsdmc]

@Tyrone Barnes California

[@BarryWoodward-kg7rw]

❤❤❤

[@Jreddygo]

So what’s the rate.?? What does rts charge for factoring? Do they negotiate?

[@iamkomos]

You can call to get a rate quote to see if it fits your business needs. I’m sure they are competitive and would like to earn your business 👍🏽

[@Jreddygo]

You told us nothing we already know bro hell I thought you would get into the details that’s why I started watching to begin with. That’s why I don’t listen to a lot of videos people make now a days it’s all garbage

[@nuggetz6845]

What are some of the improvement to the app you'd like to see?

[@piei3636]

Hi. Is this still a good factoring co. For 2023?

[@iamkomos]

Still using them till this day

[@HALFKASTT]

Where do I get the rate confirmation sheet?

[@iamkomos]

Rate confirmation is sent to by the broker you book the load with. It basically just show the Price your agree to run the load for.

[@HALFKASTT]

@@iamkomos thank you, I just started a trucking business. I have my authority and a truck and driver ( I won’t be the one driving) but I want to dispatch and get my own loads. Would the RTS help me with that?

[@kevinlamarr1424]

I don’t understand the title

[@mrsuccess336]

Bro I just started my authority can I call u for info

[@iamkomos]

[e-mail] email me and I will send you number