Get your factoring rate in about 2 minutes.
Three quick steps: how much you invoice, your authority, and how to reach you. We pass your request to our factoring partner, and you get a rate based on your freight, not a generic price sheet.
What a factor asks for
Rate con, signed BOL or POD, your invoice, and a notice of assignment for each broker.
What you decide
Whether to sign at all. Asking for a rate costs nothing and commits you to nothing.
How we get paid
We refer carriers to a factoring partner and may earn a referral fee. Your rate is the same either way.
- Step 1 of 3: Volume (current)
- Step 2 of 3: Authority
- Step 3 of 3: Contact
We refer carriers to a factoring partner and may be paid for referrals. Disclosure.
What moves your factoring rate
- Monthly volume. More invoices usually means a lower percentage per invoice.
- Your brokers' credit. Factors price the risk of the broker paying late, not your credit score.
- Recourse or non-recourse. Non-recourse costs more and usually covers broker insolvency only, not disputes.
- Advance and reserve. Some factors pay 100% up front, others hold back a reserve until the broker pays.
- Contract terms. Watch for minimums, long terms and termination fees before you sign.
New to this? Read how freight factoring works for owner-operators before you compare offers.