Facts First

Straight facts on factoring – choosing, problems, renewing and leaving.

Choosing a factor

Spot Factoring for Truckers: Factor Only the Loads You Pick

Spot factoring means you sell the invoice for one load, or a few, when you need the cash, and keep billing the rest yourself. There’s usually no long term and no monthly minimum. Before you use it, get the per-load fee, the advance, the…

Industry: Freight

Choosing a factor

What Is Freight Factoring? How It Works in Trucking

Freight factoring is when you sell your unpaid load invoices to a factoring company. Instead of waiting 30 to 60 days for the broker, you get most of…

Industry: Freight