The freight broker market can be turbulent, with brokers constantly coming and going. It is crucial for clients to interact with reputable brokers and receive real-time updates on their credit ratings. The credit score of a broker might fluctuate hour by hour, so it’s essential to know where they stand to protect your company.
For example, a client might run a credit check on a broker on Monday, do a load on Tuesday, invoice on Tuesday, and then the broker goes on the “no-buy” list on Wednesday. Rather than trying your luck with a potentially unreliable broker, choose Saint John Capital for complete transparency. SJC’s system allows for real-time checks, which can prevent situations like this from occurring.
Before working with a broker, get a real-time credit check with Saint John Capital to protect your business. Our database is able to verify the credentials of any lender in the United States, guaranteeing safe cash flow for your organization. We offer a line of credit to clients who meet our criteria, and if someone is outside our system, a client can bring them in if they meet the necessary measures.
Brokers can be untrustworthy for more reasons than just having a bad credit score. Some examples of untrustworthy brokers include those who engage in double brokering, have collection activity, have lawsuits, or have other issues. SJC’s system can catch these issues before you choose a broker, protecting our clients from potentially harmful business relationships.
Our portal has a four-step process to create an invoice. The first step is to enter the MC number of the broker to see if they are approved. If they are approved, the client may move forward with the transaction, knowing that Saint John Capital has verified the broker’s credit score and other important information.
The freight broker sector is unregulated. Therefore, anyone can become a broker with little formal education or expertise. Due to a lack of regulation, dishonest brokers may enter the market and take advantage of clients who are not vigilant. With the help of Saint John Capital’s system, clients are given an extra measure of security, knowing that they are dealing with respectable brokers who are competent to manage their businesses.
At Saint John Capital, we understand that in the fast-paced world of freight brokering, time is money. That’s why we’ve developed a cutting-edge system that enables clients to access real-time credit checks with ease. Our platform is user-friendly, intuitive, and designed to meet the needs of businesses of all sizes. With Saint John Capital, you can feel confident in your choice of broker and enjoy the peace of mind that comes from knowing your business is protected.
Real-time credit checks are an integral component of the freight broker industry, especially in the current volatile market. Saint John Capital’s system offers clients a layer of protection against untrustworthy brokers, preventing potentially harmful business relationships from forming. As a client, it’s important to work with a broker who is reputable and qualified to handle your business. Contact us today to see how Saint John Capital can protect your company.
