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MyFactor LLC logo

MyFactor LLC

Listed
Factoring company for invoice factoring and working capital loansNew York, New YorkBased in New York; service area not yet provided
BBLL 000580Listed Nov 2026From public recordsLast checked Nov 1, 2026

About

MyFactor LLC purchases freight and other commercial invoices and manages collections for its clients.

Factoring company. Buys or advances against business invoices.

This entry starts from public records. The lender fills in the rest when it claims the entry, which is free.

What they lend

General small business
From the lender's own site and public records.

A second look at MyFactor LLC

MyFactor LLC purchases freight and other commercial invoices and manages collections for its clients.

Direct invoice factor; current homepage identifies MyFactor LLC and describes purchasing unpaid invoices.

Published by Levr, not by MyFactor LLC. This is a source-based profile and editorial assessment, not customer reviews or a promise of approval. Sources checked November 1, 2026.

Visit the official provider website →

Programs and published requirements

Compare the specific program and legal funding entity on your offer. Advertised limits and minimums do not guarantee eligibility or your price.

Freight and commercial factoring

Uses
Advances against delivered loads support fuel, driver payroll and repairs; other invoice businesses can fund operating payroll.
Review
Freight approval emphasizes the brokers’ payment reliability; new carrier authorities are welcomed.
Documents
Carrier onboarding requires MC/DOT authority, insurance certificate and W-9; invoices require rate confirmation and signed proof of delivery.
Collections
Brokers receive a notice of assignment and pay MyFactor directly; the company handles collections.

Provider sources: MyFactor · Freight factoring

When it may fit

Our assessment of the published programs

  • Owner-operators, fleets, freight brokers and other businesses with eligible unpaid invoices.

What to weigh carefully

  • Confirm advance, discount fee, reserve, recourse and termination conditions. Example calculator amounts are not an offer, and banking or fuel-card services are separate partner products.

Questions before you accept an offer

  1. Which program and legal financing entity will fund this request?
  2. What security, owner contribution, fees and repayment conditions apply?

Ask for written terms. Compare net cash received, total repayment, fees, payment timing and early-payoff costs for the same financing need.

Prepare your comparison

Use the same questions and figures for each offer you receive.

Alternatives to research

These are options for a related financing need, not a ranking or a claim of equivalent eligibility or pricing.

BP Financing

BP Financing factors completed freight invoices.

Orange Commercial Credit

Orange provides US freight factoring.

The lender

Type
Factoring company
Legal name
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Founded
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Charter
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Headquarters
New York, New York
Service area
Based in New York; service area not yet provided
Meets in person
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Languages
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Program approvals
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Also lends to consumers
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LinkedIn
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Loan officers at this lender

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