Freight factoring for fleets

Cover fuel, drivers and maintenance while brokers pay in 30 to 60 days.

Fuel, driver pay and repairs come due every week. Brokers and shippers pay on 30 to 60-day terms. We match your fleet with a freight factoring partner that covers the gap, free to you.

Free to youAbout 2 minutes to startDocuments only after the call
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Who it's for

Built for fleets, not owner-operators.

Trucking companies with 21 or more employees hauling for brokers and shippers.

Company size

21 to 500 employees

Established fleets running loads every week.

Monthly invoicing

$50K or more a month

Billed to businesses or government agencies.

Your customers

Freight brokers and shippers

Usually paying on 30 to 60-day terms.

How factoring fits your cycle

Deliver, invoice, get an advance, then the rest when the broker pays.

You deliver the load and invoice with the paperwork. The factoring partner advances up to 90% of the invoice. When the broker pays, you receive the rest, minus the factor's fee.

  • Fund each load as you deliver it. Fuel and driver pay stop waiting on brokers.
  • Add trucks and lanes without stretching your cash.
  • Factors look mainly at your brokers' and shippers' credit, not yours.
Day 1You deliver the load and send the invoice with proof of delivery.
Day 2The factor advances up to 90% of the invoice.
Day 45The broker pays. You receive the balance, minus the fee.

Illustrative timeline, not an offer. Your funding partner sets the actual advance, fee and timing.

Before the call

Four things we check first.

No documents yet. Factors collect them securely after the call.

1

Monthly invoicing

How much you bill businesses or government each month.

2

Payment terms

How long your customers usually take to pay.

3

Payroll taxes

Current, or on an IRS payment plan.

4

Current factor

Who you factor with today, if anyone, and when that contract ends.

See your factoring options

FAQ

Questions fleet owners ask us

Do you work with owner-operators?

Our partners focus on fleets with 21 or more employees. Owner-operators are usually better served by app-based freight factoring.

What paperwork do factors need for each load?

Usually the rate confirmation and the signed bill of lading or proof of delivery. Factors set this up with you after the call.

Can a factor check a broker's credit before I take a load?

Many freight factors offer broker credit checks. We tell you which partners include them.

See all questions

Keep the trucks moving.

One short form, about 2 minutes. Free to you, no obligation.

See your factoring options