Freight Factoring for Port of New Orleans businesses
Port of New Orleans sits inside one of New Orleans's working commercial districts. The river terminals stretching upriver from downtown along the Mississippi, where stevedores, drayage carriers, forwarders and customs brokers wait on shippers and cargo owners that pay weeks after loading. We fund companies there with freight factoring, typically same day after delivery.
Import & Export is among the sectors most active here, and it is a textbook case for freight factoring: customers pay in 60–120 days including transit, while wages and suppliers do not wait. Trade-focused PO financing issues LCs or wires to foreign suppliers, then converts to AR financing on delivery.
We work across New Orleans and the rest of Louisiana, so a facility set up for your Port of New Orleans operation covers additional locations without a new application.
How it works in Port of New Orleans
- 1.Haul the load. Deliver as usual and collect the signed BOL or proof of delivery.
- 2.Upload paperwork. Send the rate con, BOL and invoice from your phone.
- 3.Same-day pay. Receive up to 97% by ACH or wire, often within hours.
- 4.We collect. The broker or shipper pays us on their normal terms; any reserve is released to you.
Why Port of New Orleans companies choose National Invoice Factoring
- 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 Port of New Orleans businesses need to apply
Applying takes about ten minutes. Most Port of New Orleans companies already have everything on this list, 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







