Freight factoring for fleets
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.
Who it's for
Trucking companies with 21 or more employees hauling for brokers and shippers.
Company size
Established fleets running loads every week.
Monthly invoicing
Billed to businesses or government agencies.
Your customers
Usually paying on 30 to 60-day terms.
How factoring fits your cycle
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.
Illustrative timeline, not an offer. Your funding partner sets the actual advance, fee and timing.
Before the call
No documents yet. Factors collect them securely after the call.
How much you bill businesses or government each month.
How long your customers usually take to pay.
Current, or on an IRS payment plan.
Who you factor with today, if anyone, and when that contract ends.
FAQ
Our partners focus on fleets with 21 or more employees. Owner-operators are usually better served by app-based freight factoring.
Usually the rate confirmation and the signed bill of lading or proof of delivery. Factors set this up with you after the call.
Many freight factors offer broker credit checks. We tell you which partners include them.
One short form, about 2 minutes. Free to you, no obligation.