Freight factoring that pays you today, not in 30 days
Send us your invoice and BOL. We verify the load, fund your bank account and collect from the broker. Rush funding in 60 minutes. Everything else is ready to fund same day.
- No contracts
- 2.9% flat fee for new carriers
- Free broker credit checks
- Invoice and BOL sent
- Load verified
- Ready to fund
How freight factoring works
You haul the load. We handle the paperwork and the waiting.
Deliver the load
Haul it the way you always do and get the signed BOL.
Send us the invoice and BOL
Upload them in the client portal, or send them by email or fax.
We verify the load and fund you
We confirm the load with the broker and send the advance to your bank account: within 60 minutes on rush, ready to fund same day otherwise.
We bill the broker and collect
The broker pays us, not you. No more chasing payments between loads.
One flat fee you can see up front
New carriers pay a 2.9% flat fee and get a 97.1% advance. Try it on your next invoice.
- No contracts
- No minimums
- No invoice fees
- Rush requests add a flat $40 processing fee
You choose which invoices to factor
Factor the loads you want paid now and keep the rest. Once a customer is set up, they pay us on every invoice, and we pass through payments on the invoices you kept.
| Invoice | You chose | What happens |
|---|---|---|
| #1042 · $2,500.00 | Factor it | Ready to fund same day. The broker pays us later. |
| #1043 · $1,800.00 | Keep it | The broker pays us, and we pass the payment through to you when it arrives. |
Who carries the risk
Know where you stand before a broker is late. Either way, we check the broker’s credit for free before you haul.
| Topic | Recourse (default) | Non-recourse (on request) |
|---|---|---|
| If a broker never pays | You buy that invoice back | We take the credit risk |
| Cost | Your standard rate; usually costs less | Ask us for pricing |
| Broker credit checks | Free | Free |
Freight Factoring Specialists is more of a partner than a finance solution. They handle all of my back-office operation including invoicing, collections and most importantly, they help me manage risk by approving my customers and loads. I highly recommend FFS, I am very pleased to have them onboard with me!
Freight factoring questions
Don’t see yours? Call (813) 773-4002 and talk to a real person.
All questionsWhat does freight factoring cost?
New carriers pay a 2.9% flat fee and get a 97.1% advance. Rush requests add a flat $40 processing fee. There are no minimums and no invoice fees, and your quote shows every fee before you commit.
How fast will I get paid?
Rush requests fund within 60 minutes. Standard requests are processed and ready to fund the same day.
Do I have to factor every invoice?
No. You choose which invoices to factor. Your customer pays us on all of them, and when a payment comes in for an invoice you didn’t factor, we pass it through to you.
What happens if a broker doesn’t pay?
Factoring with FFS is recourse by default: if a broker never pays an invoice, you buy that invoice back. Non-recourse factoring, where we take the credit risk, is available on request. Ask us for pricing.
Can I get a lower rate?
There are no contracts, but a lower rate is available if you choose to commit. Call (813) 773-4002 to talk it through.
Get paid on your next load
Talk to a real person. We answer the phone, nearly around the clock.