The Transportation Cash Flow Challenge
Trucking companies face a unique cash flow problem: operating costs are immediate, but payments take 30-90 days.
Fuel Costs
Paid immediately at the pump
Driver Wages
Weekly or bi-weekly payroll
Payment Terms
30-90 days from brokers
This timing gap creates cash flow pressure that limits growth and makes it difficult to accept new loads. Invoice factoring solves this problem by providing immediate payment for your freight bills.
How Freight Factoring Works
Deliver Your Load
Complete your delivery and obtain signed proof of delivery (POD) from the consignee.
Submit Your Invoice
Upload your freight bill and POD through our online portal. We review and verify the documents.
Get Funded Fast
Receive up to 97% of your invoice value within 24 hours (same-day funding available).
We Handle Collections
Your broker pays us directly at their normal payment terms. We send you the remaining balance minus our fee.
Why Transportation Companies Choose FlexFund
Same-Day Funding Available
Get cash for your freight bills within 24 hours, with same-day options available
Cover Operating Expenses
Pay for fuel, maintenance, and driver wages without waiting for broker payments
Take On More Loads
Accept new freight opportunities without cash flow concerns
Credit Protection
We verify broker creditworthiness and handle collections for you
Common Questions from Trucking Companies
Do I have to factor all my loads?
No. You can choose which loads to factor on a case-by-case basis. There's no minimum volume requirement.
What if my broker doesn't pay?
We conduct credit checks on brokers before approving loads. Most factoring agreements include a recourse period (typically 90 days) during which standard collection procedures apply.
Will my brokers know I'm factoring?
Yes. When you factor an invoice, payment instructions are updated to direct payment to the factoring company. Most brokers are familiar with factoring and work with carriers who use it regularly.
How quickly can I start factoring?
Once approved, you can begin submitting loads immediately. The approval process typically takes 1-2 business days.