Working capital against every delivered load, without waiting on the broker.
Carriers, owner-operators and small fleets running freight for brokers and shippers usually get paid 30 to 60 days after delivery. Fuel, drivers, insurance and maintenance run on shorter cycles. Factoring against the broker's invoice covers the gap.
- 01
Fuel and operating costs settle daily or weekly
Diesel, tolls, and maintenance are due on short cycles, while broker and shipper invoices typically clear in 30 to 60 days. The carrier funds each load before payment is received.
- 02
Driver compensation follows a weekly cycle
Drivers are paid weekly regardless of when the corresponding receivable clears. Each active load creates a period where payroll precedes invoice collection.
- 03
Fleet expansion increases working capital requirements proportionally
Each additional truck adds weekly fuel, insurance, and driver costs. The receivables generated by those trucks arrive 30 to 60 days later, creating a proportional increase in float.
1 to 50 power units, MC authority, hauling for credit-rated brokers and shippers. Annual revenue $250K to $25M.
- ·MC and DOT numbers
- ·AR aging report
- ·Sample of recent rate confirmations and BOLs
- ·Voided check for ACH funding
- 01We advance against the broker's invoice once the delivered load is approved.
- 02We monitor the broker's payment and track collection on the carrier's behalf. The carrier retains responsibility for the receivable.
- 03Fuel-advance options against picked-up loads where cash is needed before delivery.
- 04Recourse structures, with the desk tracking broker payment so the carrier keeps efficient pricing.
- Funding speedOn delivered loads
- AdvanceSubstantial against face value
- Fleet size served1 to 50 trucks
- Fuel advanceAvailable
- StructureRecourse with payment monitoring
- Personal guaranteeNot required on the invoice