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What is freight bill factoring?

Carrier books shipment with broker.

Carrier delivers shipment.

Carrier invoices broker, broker pays between 30-60 days after receiving invoice.

Carrier submits invoice to factoring rather than broker, factoring company advances funds immediately for a competitive percentage.

Carrier is now paid.

At this stage, factoring company then invoices the broker, and the broker remits payments to factoring company.

Factoring your freight bills has many advantages for truckers and freight brokers. They include:

Take on more loads:

Having access to financing and improved cash flow allows you to take on more loads. You are no longer restricted by your funds.

Improve customer quality:

Factoring companies check the commercial creditworthiness of your shippers/clients. They help you avoid those that could become problems. This support allows you to focus only on your best potential clients.

Easy increases:

Your customers can be approved quickly. Most line increases can be approved the same day. The size of your line is based on your ability to sign on good customers and deliver good service.

"Trucking Pros is a fantastic company. they helped me launch my company 2 years ago. They helped me pass my audit with no issues. Always trying to help."

"What a service!! Brenda can do everything that has to do with trucking seamlessly. She helped us launch so much stuff. I literally call her for everything."

Normando Santana

"What a service!! Brenda can do everything that has to do with trucking seamlessly. She helped us launch so much stuff. I literally call her for everything."

Rojelio Robles

"I've been working with these guys for about 9 years now, we've become a family."

"What a service!! Brenda can do everything that has to do with trucking seamlessly. She helped us launch so much stuff. I literally call her for everything."

"I've been working with these guys for about 9 years now, we've become a family."

Oscar Alvarado

ADVANTAGES OF FACTORING

What is freight bill factoring?

"Trucking Pros is a fantastic company. they helped me launch my company 2 years ago. They helped me pass my audit with no issues. Always trying to help."

"What a service!! Brenda can do everything that has to do with trucking seamlessly. She helped us launch so much stuff. I literally call her for everything."

"What a service!! Brenda can do everything that has to do with trucking seamlessly. She helped us launch so much stuff. I literally call her for everything."

"What a service!! Brenda can do everything that has to do with trucking seamlessly. She helped us launch so much stuff. I literally call her for everything."

"What a service!! Brenda can do everything that has to do with trucking seamlessly. She helped us launch so much stuff. I literally call her for everything."

"What a service!! Brenda can do everything that has to do with trucking seamlessly. She helped us launch so much stuff. I literally call her for everything."

"I've been working with these guys for about 9 years now, we've become a family."

"What a service!! Brenda can do everything that has to do with trucking seamlessly. She helped us launch so much stuff. I literally call her for everything."

"I've been working with these guys for about 9 years now, we've become a family."

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ADVANTAGES OF FACTORING

What is freight bill factoring?

"Trucking Pros is a fantastic company. they helped me launch my company 2 years ago. They helped me pass my audit with no issues. Always trying to help."

"What a service!! Brenda can do everything that has to do with trucking seamlessly. She helped us launch so much stuff. I literally call her for everything."

"What a service!! Brenda can do everything that has to do with trucking seamlessly. She helped us launch so much stuff. I literally call her for everything."

"What a service!! Brenda can do everything that has to do with trucking seamlessly. She helped us launch so much stuff. I literally call her for everything."

"What a service!! Brenda can do everything that has to do with trucking seamlessly. She helped us launch so much stuff. I literally call her for everything."

"What a service!! Brenda can do everything that has to do with trucking seamlessly. She helped us launch so much stuff. I literally call her for everything."

"I've been working with these guys for about 9 years now, we've become a family."

"What a service!! Brenda can do everything that has to do with trucking seamlessly. She helped us launch so much stuff. I literally call her for everything."

"I've been working with these guys for about 9 years now, we've become a family."

Join Us