Factoring Service
Freight Factoring
🚛 Simplify Cash Flow with Freight Factoring
Struggling with slow broker payments? Freight factoring converts outstanding invoices into fast working capital. Whether you’re an owner-operator or a fleet, it helps keep fuel in your tanks and wheels turning.
Freight Girlz connects carriers with top-tier factoring partners offering next-day or even same-day funding, transparent terms, and back-office support.
💡 How Freight Factoring Works
Send the signed RC, invoice, and POD electronically.
Typically 80%–95% within ~24 hours (often same-day).
When the broker pays, you receive the remainder minus a small fee.
Not a loan. Factoring sells your receivable—no debt, no interest, and usually no hard credit pull.
Some partners offer instant rails like BOLT by OTR Solutions for same-day funding.
✅ Key Benefits for Carriers
Same-/Next-Day Funding
Avoid long waits for broker payments and stay operational.
Broker Credit Checks
Screen broker credit before you haul to reduce risk.
No Debt Added
Factoring isn’t a loan—no interest accrual or hard credit hit.
Fuel Card Integration
Discounts and direct loads to supported cards.
Admin Support
Help with invoicing, collections, status tracking.
🤝 Why Choose Freight Girlz
- Carrier-First Matching: We align terms to your business model.
- No Pushy Sales: We explain pros/cons so you decide.
- Real-World Ops: We operate trucks and know cash-flow pain.
🔍 Check your authority before applying: FMCSA MC/DOT status.
Heads-up: “Quick pay” from a broker is not the same as factoring. Quick pay ties you to one broker and may still be slow; factoring covers many brokers with one workflow.
📊 Rates & Terms at a Glance
| Item | Typical Range | Notes |
|---|---|---|
| Advance Rate | 80% – 95% | Depends on volume, risk, and recourse type. |
| Funding Speed | Same-day to 24h | Cutoff times and rails (ACH, push-to-card) apply. |
| Recourse Type | Recourse / Non-recourse | Non-recourse costs more; coverage rules vary. |
| Contract & Minimums | Month-to-month to 12+ mo | Some require monthly minimum volume. |
| Fees | ~1% – 4%+ | Watch for ACH/wire fees & aging tiers. |
Exact terms depend on your lanes, volume, broker mix, and risk profile.
📦 Get Paid. Keep Rolling.
Don’t let unpaid invoices stall your operation. Whether you need fast fuel money, payroll help, or peace of mind, we’ll connect you with a trusted factoring partner.
Frequently Asked Questions
Is factoring a loan? Does it affect my credit?
No. You’re selling an invoice, not borrowing money. Many programs avoid hard pulls; ask the provider about their underwriting.
What’s the difference between recourse and non-recourse?
Recourse means you must buy back unpaid invoices after a set period. Non-recourse shifts specific non-payment risks to the factor, but coverage varies—read the contract.
Can I factor only some brokers?
Depends on the agreement. Some are “all-in” (all invoices) while others allow selective factoring. Clarify before signing.
How fast can I get funded?
Many partners fund same-day if you submit before cutoff; otherwise, within 24 hours. Rails and fees may vary.