FACTORING SERVICES
Factoring for owner-operators, explained before it is sold
Brokers pay in 30 days or more; fuel, insurance and the truck note don't wait. Factoring closes that gap by buying your invoices for a fee, usually a few percent of each one. For a one-truck business it can be the difference between running and parking, or an expense you don't need. These pages help you decide which, and what to sign.
We refer factoring requests to our factoring partner and may be paid for referrals. It never changes your rate, and factoring is never required to use our dispatch. Disclosure.
ENTRY 01 / FIT CHECK
Three taps to the pages that fit you
FACTORING FIT CHECK
Answer the three questions and we'll point you to the two or three factoring pages that fit, and the quote form.
ENTRY 02 / START HERE
What factoring is, and whether you need it
- Freight Factoring for Trucking CompaniesHow factoring works for a one-truck business, costs and contract traps.
- What Is Freight Factoring and How Does It Work?Every step from invoice to reserve, each term explained in place.
- Is Freight Factoring Worth It? Pros, Cons and When You Need ItThree cases where it pays and three where it doesn't.
- Trucking Factoring MythsOld assumptions checked against published terms.
ENTRY 03 / COSTS AND TERMS
What it really costs, and who carries the risk
ENTRY 04 / BY CARRIER TYPE
Factoring for your kind of operation
- Factoring for Owner-OperatorsFactoring on one truck's weekly settlement.
- Factoring for New Trucking Companies (New MC)Getting a new MC ready to factor, and when to wait.
- Factoring for Small Trucking Companies and FleetsVolume, payroll timing and driver paperwork for 2-10 trucks.
- Dispatch + Factoring: Loads Booked and Paid FastBoth fees on one load, and why factoring stays optional.
ENTRY 05 / FAST PAY AND FUEL
Money today, fuel at pickup, or one invoice at a time
ENTRY 06 / CONTRACTS AND SWITCHING
Reading the contract and getting out of one
Factoring pays you faster. Dispatch decides how much.
A better rate on the rate con moves your profit more than a fraction off a factoring fee. Our desk negotiates loads for every equipment type at 5% of gross for one truck with 6+ months authority, and you sign or refuse every rate con. See dispatch for owner-operators, or go straight to the factoring quote.