Factor Facts

Pay is late

Payment late? Do this now.

Five steps, in order. Most late payments are paperwork – this finds out fast.

  1. 1

    Check the invoice in your factor’s app or portal. Note its status.

  2. 2

    Make sure they have the rate confirmation and the signed bill of lading.

  3. 3

    Send them a written message (copy the one on the right). Keep a copy.

  4. 4

    No answer in 1 business day? Call, ask for a supervisor, and write down who you spoke to and when.

  5. 5

    Still stuck? Check your agreement for how fast they must pay you – and tell other drivers what happened.

Happens a lot? Time to leave →Five steps and free lettersSee who pays on time →Compare factors

Slow pay? Warn the next driver.

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