Factoring & Fast Pay

Get Paid in 24-48 Hours. Every Time.

  • Stop Waiting 45-60 Days for Payment. Your Cash Flow is Your Business Lifeblood.

Waiting 45-60 days for payment isn’t just frustrating—it’s bad business. Cash flow problems sink more trucking businesses than anything else. At CarriFreight, we’ve partnered with trusted, trucker-friendly factoring companies to ensure you get paid within 24-48 hours of delivery. No more chasing invoices. No more cash flow crises. Just predictable, fast payment so you can focus on driving and growing.

Key Stat Highlights:

From 45+ Days → 24-48 Hours
Average payment time reduction for our partners


How Our Fast Pay System Works:

Step 1: We Book & You Deliver

You focus on the road while we handle everything else. Complete your load as normal.

Step 2: Instant Invoice Submission

The moment you mark “delivered,” we submit the invoice to our factoring partners. No paperwork for you.

Step 3: 24-48 Hour Payment

Funds are deposited directly to your account, typically within one business day. We handle all the follow-up.

Step 4: Complete Transparency

You receive detailed settlement reports showing exactly what you earned and any fees (which are lower than industry average).

Our Factoring Partners:

We’ve carefully vetted and partnered with factoring companies that:

  • Specialize in trucking (not generic factoring)
  • Offer competitive rates with transparent pricing
  • Provide 24/7 support for truckers
  • Integrate seamlessly with our dispatch system
  • Have strong broker relationships for faster collections

Factoring vs. Traditional Payment:

Traditional Payment:

  • 45-60 day wait (or longer)
  • Chase invoices yourself
  • Risk of broker non-payment
  • Cash flow gaps and stress
  • Manual paperwork

CarriFreight Fast Pay:

  • 24-48 hour payment
  • We handle all collections
  • Bad debt protection
  • Predictable cash flow
  • Automated, paperless

Who Qualifies?

We work with:

  • Owner-operators (all equipment types)
  • Small fleets (2-10 trucks)
  • Businesses with 3+ months of operation
  • Clean safety records
  • Most credit situations considered

No Minimum Volume Requirements
Unlike many factoring companies that require 10+ loads/month

Cost Comparison Example:

Load Pay: $2,500

Traditional Factoring (3.5% + fees):

  • Fee: $87.50
  • You Receive: $2,412.50
  • Wait time: 24-48 hours

Waiting for Broker (45 days):

  • Fee: $0
  • You Receive: $2,500
  • Wait time: 45+ days
  • Opportunity Cost: Missed loads while waiting for payment

CarriFreight Partner Factoring (Competitive Rate):

  • Fee: 2.5 % only
  • You Receive: $2,437.50
  • Wait time: 24-48 hours
  • Plus: No administrative time chasing payment

Frequently Asked Questions:

Q: Do I have to factor all my loads?
A: No. You can choose which loads to factor. Many clients factor 80-90% of loads, keeping a few direct with trusted brokers.

Q: How are you different from other factoring companies?
A: We’re not a factoring company—we’re your partner who connects you with the best factoring options. Plus, it’s integrated with your dispatch service for seamless operation.

Q: What if a broker doesn’t pay?
A: Our factoring partners offer bad debt protection (terms apply). This means you get paid even if the broker defaults.

Q: Can I still use my current factoring company?
A: Yes, but we recommend trying our integrated solution. Many clients save 0.5-1% on rates through our partner relationships.

Q: How quickly can I get started?
A: Most applications are approved within 24-48 hours. Once approved, you can start factoring immediately.

Scroll to Top