Essential Trading Company

#

1422191

Essential Trading Company is a broker based in Ohio. Their MC Number is 1422191. They have an A risk rating based on their recent history and credit data. Invoices can be submitted via email at billingdept@essentialtrading.co. Their support line is reachable at +1 (937)-907-0800.

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Risk rating
A
A
A
A
A
A
Rating
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Support
Easy to reach
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High error rate
Broker payment terms
Direct deposit
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Mailed check
4 to 11 days slower
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Established in
FMCSA Profile
Essential Trading Company
Business site
Book size
Address
9435 Waterstone Blvd
Ste 140
Cincinnati
OH
45249
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Last updated on
4/2/2025

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1
Outgo Inc is a financial technology company, and is not a bank. Banking services provided by TransPecos Banks, SSB, Members FDIC.
The Outgo Business Visa Debit Card is issued by TransPecos Banks, SSB, pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa is accepted.
2
Accounts are eligible for pass-through deposit insurance only to the extent pass-through insurance is permitted by the rules and regulations of the FDIC, and if the requirements for pass-through insurance are satisfied. There may be a risk that pass-through deposit insurance is not available because conditions have not been satisfied. In such cases, funds may not be fully insured in the event the insured depository institution where the funds have been deposited were to fail.
3
Offer open to eligible freight carriers who are under active factoring contracts meeting the criteria below (“Qualifying Contracts”). Outgo will match the discount rate (also known as factoring rate) in the Qualifying Contracts for one year (“Rate Match Program”).  
Recourse contracts not eligible, rate match applies to discount rate only, and excludes banking, service and other fees. In the event that Outgo incurs costs to facilitate a buyout of a Qualifying Contract, eligible carriers may be required to pay a premium atop the matched rate for a “buyout pricing period” until Outgo has recouped the buyout costs. Rate match period effective for one year, begins upon Outgo contract signing or after conclusion of any applicable buyout pricing period, whichever occurs later.
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  • The contract may not include any of the following financial services (i) equipment loans, (ii) merchant cash advances
  • The following terms of the contract must be the same to be eligible: (i) 100% advance rate, (ii) $0 check processing fee (iii) $0 per invoice fee
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  • The contract may not include any of the following financial services (i) equipment loans, (ii) merchant cash advances
Offer valid in the United States only, from 11/18/24 to 1/18/25, does not apply to existing Outgo customers.  Outgo engagements under the Rate Match Program are subject to all Outgo Terms of Service, Instant payment agreements, and Outgo’s privacy policy, all located at Outgo.com/legal. 
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