Quickpay Provides $2 Million Facility to Asset-Based Freight Broker

April 9, 2025Quickpay Funding, with the support of Culain Capital Management, has provided a $2 million factoring facility for an asset-based freight broker headquartered in Ohio. The transportation company, which offers comprehensive freight brokerage and warehousing services, switched to Quickpay Funding after facing significant challenges with their previous factoring provider, including slow funding, limited availability, and rigid terms.

The Ohio-based freight broker sought a new factoring partner that could keep up with the pace of their operations through faster, more flexible funding. With their previous factoring company, they were limited to regular business hours for funding, with slower processing times that typically meant they only received payments once per day. With Quickpay Funding, they’re no longer restricted to traditional banking hours; they can get funded anytime, day or night, even on weekends and holidays. As a result, they’ve increased their cash flow by getting funded faster and more frequently, ensuring their growth and operations are never held back by lack of available funds.

“The transportation industry operates around the clock, and financial solutions need to match that pace,” said Juan Estrada, CEO of Quickpay Funding. “By offering genuine 24/7 funding availability with Real-Time Payments, we’ve enabled this client to increase their funding frequency from once daily to three or more times per day. That kind of access to capital—any time, day or night—isn’t just about convenience; it’s about gaining a significant competitive advantage. When brokers aren’t limited by banking hours or cutoff times, they can move faster, take on more loads, and seize opportunities their competitors simply can’t.”

This new partnership highlights Quickpay Funding’s long-standing presence among freight brokers who value speed, availability, and flexible terms. With 24/7 funding and Real-Time Payments, Quickpay Funding continues to help brokers and other businesses overcome cash flow challenges. As the transportation industry evolves, Quickpay Funding is proud to be a trusted partner, delivering financial solutions that keep businesses moving forward in an increasingly competitive market.

About Quickpay Funding

Quickpay Funding is a leading invoice factoring company specializing in fast, flexible financial solutions for businesses in Transportation & Logistics, Produce & Agriculture, Oil & Gas, Staffing, Cleaning Services, and more. We’re known for our 24/7 funding, leveraging cutting-edge technology like Real-Time Payments to ensure clients have access to their funds whenever they need them—day or night.

Our best-in-class customer service and experienced management team are committed to understanding the unique challenges of each industry we serve. We offer tailored solutions that empower small and medium-sized businesses to thrive. When you’re ready for financial experts who are dedicated to seeing the potential of your business, choose Quickpay Funding as your trusted financial partner. Our team will provide innovative solutions to meet your cash flow needs—allowing you to focus on what you do best: running your business.

To learn more about Quickpay Funding’s freight factoring services, visit quickpayfunding.com/freight-factoring/

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