Factoring setup

What factoring is, without the sales pitch

A factor buys your invoice at a discount and pays you now instead of in thirty to sixty days. You trade a slice of the rate for the cash arriving while the fuel card still has to be paid this week.

For a carrier with one truck and no cushion, that trade is often the difference between running and parking. For a carrier with reserves, it can be an expensive habit. Both of those are true at once, and which one applies to you depends on numbers, not on how good the pitch was.

We are not a factor and we do not take a cut of your factoring. We place you with one that fits.

Recourse, non-recourse, and what the rate hides

Recourse factoring is cheaper, and if the broker never pays, the invoice comes back to you. Non-recourse costs more and the factor carries the credit risk — but read what it actually covers. Non-recourse usually means the factor absorbs the loss if the broker goes insolvent. It rarely means they absorb the loss if the broker simply disputes the load.

The headline rate is also not the whole cost. Ask specifically about the reserve and when it is released, ACH or wire fees per invoice, monthly minimums, whether there is a termination notice period, and whether the agreement demands your whole book or lets you factor selectively.

What is included

• Matching — your volume, lanes, margin and broker mix put in front of factors that actually want that profile.
• Application and paperwork — completed and submitted, including the documents that normally cause a second round of questions.
• Notice of assignment — handled with your brokers so payment is redirected cleanly and nobody pays the wrong party.
• Clean invoice submission — rate confirmation, signed BOL and POD packaged the way your factor requires, first time.
• Funding chase — when an advance stalls, we find out which document is missing and supply it.

That last point is most of the value. Funding rarely stalls because a factor changed their mind. It stalls because a POD was photographed at an angle that cut off the signature.

Setup only, if that is all you want

Factoring setup is part of the setup-only plan: authority, packets and factoring done once, after which you run it yourself. You can upgrade to full dispatch or ongoing back office at any point.