FAQs

Our commitment is to transparency and flexibility. We do not lock our clients into long-term contracts, and we have no hidden fees. We believe in straightforward, clear pricing, so you can focus on running your trucking business without any surprises.

Factoring costs can vary depending on the factoring company and the specifics of your business. At our company, we operate with a straightforward, fixed factoring fee of 3% of the invoice value. This provides clear, simple pricing so you can better manage your cash flow.

Most factoring companies work with both new and established trucking companies. The key requirements are typically that you have invoices from reputable commercial or government customers and no major legal or tax problems.

Factoring helps trucking companies manage their cash flow, especially when customers take a long time to pay. With factoring, companies can access cash immediately rather than waiting 30-90 days for a customer payment. This helps meet immediate expenses like fuel, maintenance, payroll, and more.

First, a trucking company delivers goods and sends an invoice to their customer. Instead of waiting for the customer to pay, the trucking company sells that invoice to a factoring company. The factoring company pays most of the invoice value upfront. When the customer pays the full invoice, the factoring company will then pay the remaining balance to the trucking company, minus their fees.

Trucking factoring, also known as freight factoring, is a financial transaction where a trucking company sells its invoices to a factoring company at a discount. The factoring company pays the trucking company upfront, providing immediate cash flow. The factoring company then collects the full invoice amount from the customer.