Turn Unpaid Invoices Into Working Capital
Freight Factoring
Slow-paying customers and brokers can put pressure on fuel, payroll, maintenance, and other operating expenses. Freight factoring allows eligible transportation businesses to sell qualifying invoices to a factoring provider in exchange for earlier access to funds. The Truckers Insurance can connect clients with independent factoring providers and help them explore available options. Approval, fees, advance rates, funding timelines, and other terms are determined by the provider.
What is Freight Factoring?
Freight factoring is a financial tool that allows trucking companies to sell their unpaid freight bills (invoices) to a factoring company at a small discount, in exchange for same-day or next-day payment.
You keep hauling freight — we help you get paid immediately for work you’ve already done.
Key Benefits of Factoring:
Same-day or next-day invoice payment
No credit risk — your factoring partner checks broker/shipper credit before you haul
Unlimited working capital tied to your freight volume
Back-office support – including invoice generation, collections, and payment processing
Fuel card programs with rebates and advances tied to your factoring account
Non-recourse options – protect your business if the broker doesn’t pay
Contract flexibility – choose between per-load or full-recourse factoring plans
Built for Carriers of All Sizes
Whether you’re a solo owner-operator or manage a fleet of 10+ trucks, freight factoring can give you the cash flow you need to:
Pay drivers and fuel vendors without delay
Take on more loads from top-paying brokers
Cover insurance premiums and repairs
Grow without relying on loans or high-interest credit
TTI-Approved Factoring Partnerships
Through our network of industry-trusted factoring companies, we connect you with partners who:
Understand trucking and dispatch cycles
Offer competitive advance rates (up to 98%)
Work with new authorities and experienced fleets alike
Provide freight broker credit checks, load board integrations, and real-time reporting