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Factoring + Same-Day Pay

Cash flow kills owner-operators more reliably than any other line item. Factoring solves it — you trade a small fee (1.5%–2.5% of the invoice) for same-day cash on every load you deliver. We don't run our own factoring company; we partner with the trustworthy ones, set up your NOA on day one, and route every invoice automatically.

// Included for every driver

What we handle.

Factoring + Same-Day Pay is included in every driver's dispatch — no separate charge, no upcharge tier. Below is exactly what's covered.

Partners we work with: Apex Capital · OTR Capital · RTS Financial · TBS Factoring · eCapital · Triumph · Love's Financial.

What's covered

  • Set up your factoring company on day one of onboarding (or use the one you already have)
  • File the Notice of Assignment with every broker we book — once, not per-load
  • Submit your invoices the same day a load delivers
  • Chase late payers when needed — broker bond claims, FMCSA escalation, the works
  • Reconcile factor advances against your weekly settlement so the math always lines up
// How factoring math actually works

A 2% factor on a $3,000 load — what it really costs.

A $3,000 load at 2% factoring fee = $60. You get $2,940 the same day. Without factoring, you'd wait 14–30 days for the broker to pay. The question owner-operators have to answer is: is your truck-payment + insurance + fuel cycle worth more than $60 per $3,000 load?

For most owner-ops the answer is yes — the consequence of waiting is missing a fuel card payment or a truck note, both of which cost more than $60 in penalty fees alone. We negotiate factor rates with our partners and most of our drivers land at 1.7%–2.0% on the partner sheet — better than the public rates because we're routing volume.

If you have strong cash reserves and a tolerance for 14–30 day broker pay cycles, you can skip factoring entirely. We'll route your invoices direct-to-broker and you keep the fee. About 12% of our drivers run that way.

// FAQ — Factoring + Same-Day Pay

Common questions.

Do I have to use one of your factoring partners?
No. If you already have a factor, we authorize them on every load. We just want one consistent factor per driver so the paperwork is clean.
What's the typical factor rate?
1.5%–2.5% depending on the factor and your load volume. Our partner sheet rates land 1.7%–2.0% for most drivers.
Recourse vs. non-recourse?
Most of our partners offer non-recourse on broker-vetted loads (we vet, so most are eligible). Recourse rates are about 0.3% lower if you want to take the credit risk yourself.
Can I switch factors later?
Yes. We file a new NOA with each broker and the changeover is invisible to you. Some factors charge a buyout fee — we'll review that with you before you sign anything.

All FAQ →

Ready to drive smarter?

Apply now and a US-based dispatcher will call you within the hour to walk through onboarding. No contract. No setup fee. Just better loads.