Straight answers, including the unflattering ones.
If a question here has a caveat, we have written the caveat down.
Factoring basics
You deliver a load and the broker takes 30 to 60 days to pay. A factor buys that invoice from you today at an agreed rate, so the cash is in your account now instead of two months from now. We then collect from the broker. That is the entire product.
On invoices from brokers we approved, if that broker becomes insolvent and cannot pay, we absorb the loss. You are not invoiced for it and it is not deducted from a future funding. It does not cover a load you did not deliver correctly — a service failure, a cargo claim, a shortage, or a dispute the broker is legally entitled to raise. That is true of every honest non-recourse program, and the exact definition is written into your agreement.
No. We are buying an asset you already own — the receivable. There is no debt on your balance sheet, no monthly repayment, and no interest accruing. That is also why a thin credit file does not disqualify you: we are underwriting your broker's ability to pay, not yours.
Both. One truck or fifty, the terms on this website are the same terms. We do not run a tiered program where small carriers quietly pay for the large ones.
No. Send us the loads you want funded. Some carriers factor everything, some only factor slow-paying brokers. Both are fine.
Rates and fees
As low as 2%. Where you land inside our range depends on your monthly invoice volume, the credit quality of the brokers you haul for, and the program terms you choose. We quote you a specific number before you sign anything — not a range, and not a teaser rate that changes after month one.
$0. No application fee, no set-up fee, no onboarding fee, no software fee.
A reserve is the slice of every invoice a factor holds back until the broker pays them — often 5% to 15%. It is the single most common way carriers end up waiting on their own money. We hold $0.
One: a flat fee on each ACH or wire transfer, and it is printed on your agreement next to the rate. There are no application, invoice, upload or monthly-minimum fees. If a charge is not on your agreement, you will never see it on a settlement.
No. Slow month, no penalty.
Funding and fuel advances
Send a complete, verified invoice packet before the daily cut-off on a business day and the funds go out that same day. The live counter on our homepage shows exactly how much of today's window is left. Incomplete paperwork is the main thing that pushes a load to the next day, which is why we tell you what is missing as soon as we see it.
The rate confirmation, the bill of lading, the signed proof of delivery, and any lumper or accessorial receipts. Photos from your phone are fine.
Once the load is booked and we have the rate confirmation and pickup confirmation, we can advance funds against that load before you deliver. The advance is netted against the invoice when the load funds, so there is nothing separate to repay.
First we chase it — collections are included, and we make the calls in your name. If the broker becomes insolvent and the invoice was approved under our non-recourse program, we absorb the loss. If the non-payment is due to a dispute over the load itself, we work it with you and the broker to resolve it.
Getting started
Yes. We underwrite the broker's credit, not your years in business, so a new MC number hauling for good customers is a straightforward approval.
Your MC/DOT and operating authority, a certificate of insurance, a completed W-9, a voided check or direct deposit form, and a signed factoring agreement. Most carriers are approved the same day they apply.
Our agreement runs one year, and it is written so you can read it. The term, the notice window and what ending it early would cost are on the first page, not in an addendum. We walk you through every clause before you sign, and if you ever want out you get a straight answer about what that costs, not a surprise on a settlement.
Usually, yes. Send us your current agreement and we will read the termination and notice clauses and tell you honestly what leaving costs and when you can do it — including if the answer is “wait two months.” Buyouts are common and we will walk you through it. Send us your rate and we will read it for you.
No. Getting a rate does not require a credit pull.
Still not answered? Ask us directly — we will give you the same answer on the phone that we gave you here.
Get funded
Three fields. Same-day answer.
MC number, phone, email. That's the whole application to get started — no start-up fee, no reserve, no surprises in the agreement.