Home / Freight factoring
Get paid in days, on terms you can read.
Brokers take 30 to 60 days. Factoring pays your delivered loads in one to two, for a fee. Here's how to compare terms before you sign anything.
01 · How it works
Factoring in three steps.
- STEP 1
You deliver the load
Send the rate confirmation and signed bill of lading.
- STEP 2
They pay you fast
Most of the invoice, often within one to two business days.
- STEP 3
They collect from the broker
They wait on the broker, not you, and keep a fee.
02 · The math
What one load looks like.
Example: one $3,000 load
Getting paid by the broker vs factoring at a 3% fee
03 · Before you sign
5 questions that show if a deal is fair.
What's the full cost?
The rate plus ACH, wire, minimums and termination fees.
Recourse or non-recourse?
Who pays if a broker never does. Compare them.
How long is the contract?
Short terms and clear exits.
Must I factor every load?
Some require all loads. Others let you choose.
Fuel advances?
Cash at pickup can make long hauls easier.
04 · Factoring guides
Learn it before you sign it.
What is freight factoring?
How factoring pays your invoice in days, what it costs, and when it makes sense.
Recourse vs non-recourse
Who pays if a broker never does, and what 'non-recourse' really covers.
Choosing a factoring company
Ten questions that expose hidden fees, long contracts and recourse traps.
Questions truckers ask
What is freight factoring?
Selling your delivered-load invoice to a factoring company that pays you within days and collects from the broker. See what is freight factoring.
What does factoring cost?
Usually a percentage of each invoice plus possible add-on fees. Compare total cost, not the rate alone.
Recourse or non-recourse?
Recourse means you buy back unpaid invoices. Non-recourse usually covers broker insolvency only. See recourse vs non-recourse.
See factoring terms in writing.
Rate, advance, recourse and every fee, before you commit.