Colton B.
BEWARE OF FACTORING WITH DENIM!!!
Denim has been the worst business decision our company has ever made. They refuse to pay our carriers for invoices they already purchased from us, and they refuse to advance the money we are legitimately owed. After convincing us to leave our previous factoring company, OTR Solutions, we were hit with a $20,000 early-termination penalty — something we would never have risked had Denim delivered on what they promised. Operationally, Denim has created complete chaos in our business: * Our customers are receiving inaccurate invoice details. * Carriers are getting short paid. * Carriers are filing on our bond almost every day for invoices that Denim has approved 30+ days before the due dates. * Duplicate payments are being sent out to carriers. * Our customers are paying Denim directly, which means we have zero control over when and how carriers will be paid. On top of that, we were required to pay $5,000 for a McLeod integration, only to receive no meaningful support from Denim when issues arose. They will not assist with corrective actions, they will not address failures on their end, and they take no accountability for the operational damage they have caused. Our company was stable and not struggling at all before transitioning to Denim. Now, because of their refusal to fund us properly, their failure to pay carriers, and the chaos they have introduced into our operations, Denim is the sole reason we are facing the possibility of shutting down. They have been catastrophic to our cash flow, our reputation with carriers, and our relationships with customers. If you are considering factoring with Denim, do not make the same mistake we did.



