Best Freight Factoring Company
Find the Best Freight Factoring Company for Your Trucking Business
Stop Waiting for payment while your bills pile up
When you’re out on the road delivering loads, the last thing you need is to worry about when you’ll get paid or whether that broker will actually pay at all.
We’ve partnered with leading freight factoring companies
Find Out How Freight Factoring Can Benefit Your Business
Running a successful trucking business means managing cash flow, not chasing down payments.
When you’re out on the road delivering loads, you shouldn’t have to worry about when—or if—you’ll get paid. The best freight factoring companies eliminate that stress by turning your invoices into immediate cash.
Get paid in 24 hours, not 30-90 days.
Enter your information and we’ll connect you with a top-rated freight factoring representative who can get you paid fast—so you can keep your trucks moving and your business growing.
Get Connected With a Representative
Find out you can grow your trucking business with consistent cashflow today!
What Is Freight Factoring?
Freight factoring is a financial service where you sell your unpaid invoices to a factoring company for immediate cash. Instead of waiting 30-90 days for brokers to pay, you get paid in as little as 24 hours, and the factoring company handles all collections and manages your accounts receivable.
Top freight factoring companies provide more than just quick payments:
- Automatic Approval
- Free Load Board Access
- Online Systems (Like Client net)
- Unlimited Free Credit Checks
- Mobile Invoice Submission
How a Freight Factoring Solves Your Biggest Challenges
Challenge #1: Waiting 30-90 Days for Payment
Solution: Get paid within 24 hours of delivery verification instead of waiting months for slow-paying brokers. Your mortgage and fuel costs don't wait – neither should you.
Challenge #2: Risky Brokers and Non-Payment
Solution: Unlimited free credit checks and true non-recourse factoring mean you'll never worry about delivering loads to brokers who won't pay. Let the factoring company handle that risk.
Challenge #3: Fuel Costs Eating Your Profits
Solution: Access exclusive fuel card programs offering significant per-gallon discounts at major truck stops nationwide. Some programs even offer cash back and help build your business credit.
Challenge #4: Empty Miles and Deadhead Costs
Solution: Integrated load boards help find profitable backhauls. Combined with fuel advances and express funding options, you'll have the cash and loads needed to maximize every mile.
Industries that Can Benefit from Factoring
The best freight factoring companies understand diverse business needs across sectors:
Trucking Companies
Oilfield Services
Manufacturing
Staffing and Personnel
Wholesale Distribution
Construction
Service Industries
Medical & Healthcare
Business Services
Freight Factoring FAQs
What exactly is freight factoring?
Freight factoring is a financial service where you sell your unpaid invoices to a factoring company for immediate cash. Instead of waiting 30-90 days for brokers to pay, you get paid in as little as 24 hours, and the factoring company handles all collections and manages your accounts receivable.
Will factoring help me grow my trucking business?
Absolutely. With consistent cash flow, free credit checks, fuel savings, and no collection headaches, you can focus on taking profitable loads and expanding your fleet instead of chasing payments.
How quickly can I get paid with factoring?
The best factoring companies fund approved invoices within 24 hours of verification. Some offer same-day funding or express options that can get money in your account even faster.
What's the difference between recourse and non-recourse factoring?
With recourse factoring, you’re responsible if the broker doesn’t pay. Non-recourse factoring means the factoring company assumes the credit risk – if a broker goes bankrupt or won’t pay for credit reasons, you’re not liable. Always choose true non-recourse factoring for maximum protection.
How much does freight factoring cost?
Factoring fees typically range from 2.5% to 5% of the invoice amount. The best companies offer transparent, flat-rate pricing with no hidden fees, setup costs, or minimum volume requirements.
Can I submit invoices from the road?
Yes, top factoring companies offer mobile apps and online portals that let you submit invoices, check credit, and manage your account from any device, anywhere, 24/7.
Customized FMCSA and DOT Hazmat Compliance
Ready to Stop Worrying About Your DOT and Hazmat Compliance?
Let us handle the regulations while you focus on growing your Florida trucking operation—whether you’re moving general cargo or hazardous materials.