Turn Unpaid Invoices into Working Capital
Fuel, tolls, and driver pay are committed the moment the truck rolls.
Load delivers. Invoicing waits on signed proof of delivery and paperwork.
Standard broker terms come due. Many settle here, some do not.
Slower shippers and direct accounts settle, weeks after the fuel was burned.
Quick-pay typically costs a fixed percentage of every load, applied regardless of how long the broker would have taken anyway. A facility prices differently and applies across your whole book rather than per load. Which is cheaper depends on your volume and mix, and that is worth modeling against your actual numbers before deciding.
Both exist in the market. Spot or selective factoring covers individual loads, while a full-book facility covers the ledger and generally prices better. We will cover which providers support the approach that fits your operation.
Once a facility is in place, funding against a delivered load is typically same day or next business day after paperwork is submitted. Clean, complete proof of delivery is the single biggest factor in keeping that fast.
Recourse terms determine who carries that risk, and they vary meaningfully between providers. Some facilities are recourse, some non-recourse with credit protection on approved debtors. This is one of the more important terms to compare, and we walk through it directly.
It does not affect eligibility. What matters is the receivable owed to your company by the broker or shipper. Many carriers use a facility specifically to settle with owner-operators quickly while waiting on broker payment cycles.
