Trucking Factoring
Fast Invoice Funding for Truck Drivers
Get fast cash for your freight invoices with Quickpay Funding’s trucking factoring.
Invoice Factoring for Truck Drivers
Tired of waiting weeks to get paid for your hard work? Slow-paying customers can strangle your cash flow and stop your business from reaching its full potential. At Quickpay Funding, we provide trucking companies with immediate access to working capital so they always hit the road with confidence. Our industry leading financial solutions turn your invoices into instant cash, fuel your growth, and keep your focus where it belongs – on the road ahead.
Get Paid Faster
With Quickpay Funding’s trucking factoring, you get paid the same day you submit an invoice.
Stop Chasing Invoices
We handle billing & collecting from your customers while you handle the road.
24/7 Support
We’re open to fund your trucking business 24/7/365, including all holidays and weekends.
No Hidden Fees
No surprises here. Get some of the best factoring rates in the industry and clearly outlined fees.
Apply for Trucking Factoring Today!
Complete your application online in just a few minutes and gain access to same-day funding, 24/7 support, and the working capital your trucking business needs to keep moving.
Why Truckers Choose Quickpay Funding
24/7 Same-Day Funding
We fund your invoices directly to your bank account the same day they are submitted, even on weekends and holidays.
Fuel Discounts
We give all our clients the Quickpay Fuel Card so they can cut fuel costs with top-of-the-line discounts, nationwide acceptance, and no account fees.
Fuel Advances
Get cash before delivery and keep your truck on the road with 24/7 fuel advances.
No Monthly Minimums
No monthly minimums, no minimum invoice amount or volume minimums. Other factors charge minimum monthly “service fees” if you don’t factor enough. WE DON’T CHARGE MINIMUMS.
Carrier Packet Management
Get all of your carrier packets and MSA’s filled out by us at no extra charge.
No Cutoff Times
No cutoff time when you fund with Real-Time Payments. When we say we’re open to fund our clients 24/7, we really mean it.
Free Credit Checks
Book loads with confidence. We warn you of any risk when taking a load from a broker that has bad payments or questionable credit.
…and more!
Fuel Your Business Growth
Ready to take your trucking business to new heights? Trucking factoring can be the catalyst for your success, providing the working capital you need to book more loads, seize growth opportunities, optimize cash flow, and propel your business to the next level.
Take control of your cash flow.
Don’t wait on your customers to pay you on their terms. We understand you need a consistent source of working capital for your trucking business to reach its full potential. Take control of your cash flow and get paid on your own terms.
Bundle factoring with fuel savings.
Save an average of 45¢ and up to $2.00 per gallon with the Quickpay Fuel Card. Cut fuels costs with top-of-the-line discounts, nationwide acceptance, and no account fees.
Keep focused on growing your business.
Don’t let a lack of working capital keep your trucking business from reaching its full potential. We make sure you get the cash flow you need to keep focused on what you do best – running your business.
Get paid on time,
every time.
Trucking Factoring FAQs
What is trucking factoring?
Trucking factoring (or freight factoring) is a financial service where trucking companies sell their unpaid freight bills to a third-party company for an immediate cash advance. Instead of waiting 30 to 60 days for brokers to pay, you get up to 98% of the invoice within 24 hours to cover immediate expenses like fuel, payroll, and maintenance.
How do owner-operators benefit from factoring?
Think of it like this: Factoring lets you get money you’ve already earned right away, giving you more control and flexibility in your business.
Here’s a simple explanation of how owner-operators benefit from factoring:
- Get paid immediately: Instead of waiting weeks or even months for customers to pay invoices, factoring gives you your money within a day or two.
- Improve cash flow: Having cash on hand means you can cover fuel, repairs, unexpected costs, and take on more jobs without worrying about running out of money.
- Less stress: You don’t have to chase down invoices or worry about late payments. The factoring company handles it, so you focus on driving.
- Grow your business: With reliable cash flow, you can invest in better equipment, hire additional drivers, or expand your services.