National InvoiceFactoring
Freight Factoring business financing

Nationwide program

Freight Factoring

Get paid for every delivered load today — not in 30 to 60 days.

  • Same-day funding on delivered loads
  • Fuel advances at pickup
  • Free broker and shipper credit checks
  • New authorities welcome
Advance
Up to 97% of the load
Cost
1.5%–4% flat per load
Funding
Same day after delivery

Get a free funding quote

No obligation. No impact on your credit.

What is freight factoring?

Freight factoring lets trucking companies sell their freight bills to a factor and get paid the same day a load is delivered. Instead of waiting 30 to 60 days for brokers and shippers, you upload the rate confirmation and signed bill of lading and receive cash for fuel, drivers and repairs.

Our freight program is built for carriers of every size — from new authorities with one truck to fleets with hundreds of power units — with free broker credit checks, fuel advances and no forced long-term contracts.

Benefits

  • Same-day funding on delivered loads
  • Fuel advances at pickup
  • Free broker and shipper credit checks
  • New authorities welcome
  • Recourse and non-recourse programs
  • Mobile document upload

Who qualifies

  • Active MC/DOT authority (new authorities considered)
  • Loads hauled for creditworthy brokers or shippers
  • Signed rate confirmations and BOLs
  • Freight bills free of other liens

What you'll need to apply

Applying takes about ten minutes, and nothing here affects your personal credit score.

  • Your MC/DOT authority and a current W-9
  • A certificate of insurance listing the required coverage
  • Signed rate confirmations and bills of lading for the loads you're billing
  • A notice of assignment sent to the brokers you haul for
  • A voided business check and photo ID for each owner

How freight factoring works

  1. 1

    Haul the load

    Deliver as usual and collect the signed BOL or proof of delivery.

  2. 2

    Upload paperwork

    Send the rate con, BOL and invoice from your phone.

  3. 3

    Same-day pay

    Receive up to 97% by ACH or wire, often within hours.

  4. 4

    We collect

    The broker or shipper pays us on their normal terms; any reserve is released to you.

Worked example

What freight factoring actually costs

A $3,000 load factored at a 97% advance on a 3% flat fee, funded the day the BOL is uploaded.

Illustrative figures. Your advance rate and fee are confirmed in a written term sheet before you sign anything.

Load value$3,000
Advance rate97%
Paid to you same day$2,910
Flat fee at 3%$90
Broker pays on normal termsDay 30–45

You are paid $2,910 the day you deliver instead of waiting 30 to 45 days.

Compare your options

Freight Factoring vs. Invoice Factoring

Both turn future customer payments into cash today. They differ in when they apply, what they fund and what they cost.

Freight FactoringInvoice Factoring
AdvanceUp to 97% of the loadUp to 95% upfront
Typical cost1.5%–4% flat per load1%–3.5% per 30 days
Funding speedSame day after deliverySame day to 24 hours
Best forOwner-operators, small fleets, freight brokers and regional carriersTrucking, staffing, manufacturing, construction and service firms

$4.2B+

Funded to U.S. businesses

6,800+

Clients served

up to 95%

Advance rates

24–48 hours

Typical funding time

Free calculator

Factoring Cost Calculator

Estimate your upfront cash, total fee and effective cost when you factor an invoice.

Open the calculator

Keep reading

Browse every financing guide

Rates, eligibility, comparisons and industry playbooks across AR, PO and factoring.

Read the guide

Freight Factoring by state

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How it works

From application to funding in three steps

Apply in 10 minutes
01

Apply in 10 minutes

Share basic company info and a recent AR aging or purchase order.

Approval in 24–72 hours
02

Approval in 24–72 hours

We verify your customers and send a clear term sheet — every fee disclosed.

Funded by wire or ACH
03

Funded by wire or ACH

Receive your advance, typically within 24 hours of submitting invoices.

Freight Factoring FAQs

Freight factoring is when a trucking company sells its unpaid freight bills to a factoring company for immediate payment, usually the same day a load is delivered. The factor then collects from the broker or shipper.

Other programs

Freight Factoring isn't the only option

Each program solves a different point in the cash-flow cycle. Compare the terms side by side.

Accounts Receivable Financing

Turn unpaid invoices into working capital in as little as 24 hours.

Advance
80%–95% of invoice value
Cost
0.75%–3% per 30 days
Funding
24–48 hours after approval
Explore AR Financing

Purchase Order Financing

Fund your suppliers and fulfill large orders without draining cash.

Advance
Up to 100% of supplier costs
Cost
1.5%–6% per 30 days
Funding
5–10 business days for first deal
Explore PO Financing

Invoice Factoring

Sell your invoices, get paid today, and let us handle collections.

Advance
Up to 95% upfront
Cost
1%–3.5% per 30 days
Funding
Same day to 24 hours
Explore Invoice Factoring

Ready to unlock your working capital?

Talk to a funding advisor today. Decisions in as little as 24 hours.

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