Get paid faster with freight factoring for carriers

Deliver a load. Get paid within 24 hours.*

Say goodbye to cash flow worries. With a flat rate as low as 3.25%, full-service invoicing, and free back-office support, you’ll wonder why you didn’t do it sooner.

*Time varies based on your financial institution. Payment within 24 hours begins once the load is verified.

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If you already have Truckstop Factoring, log in here.

You haul loads—we’ll handle the rest.

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Faster pay.

Get paid within 24 hours of invoice verification.

Flat rate

Know what to expect— no hidden fees.

Non-recourse factoring

You get paid even if the broker defaults due to credit insolvency.

Full-service billing

We invoice the broker, saving you the time and hassle.

Flexible cancellation

Don’t get stuck in an agreement that doesn’t work for you.

No minimums

No minimum volume requirements.

How factoring works.

Maintain a steady cash flow and avoid payment delays with freight factoring. Instead of waiting 30 days or longer to get paid, factoring allows you to get your money right away. Here is how it works:

 

1

You haul a load.

Book and move your freight.

 
 

2

Submit your paperwork to us.

Submit the invoice to us (instead of your broker)

 
 

3

We speed payment your way.

We verify the invoice. You receive the payment within 24 hours.

 

4

The broker pays us.

We collect broker payment. You continue hauling loads!

Stay organized with the Truckstop Go™ app.

We’ve built a better app to keep you connected wherever you go.

  • Factor your loads on the go.
  • Easily apply for advances.
  • Get instant broker credit checks.
  • View your paid and unpaid load history.
  • Scan your paperwork any time, any place.
download app from google play download app from apple app store
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Frequently Asked Questions

Essentially, they’re the same. Both offer the benefit of getting paid faster. The advantage of carrier factoring over Quick Pay is that you can factor every load at a flat rate, no matter the amount (as long as the broker is approved). With Quick Pay, you have more flexibility in which loads you would like to factor but will typically pay a different rate, depending on the broker.

Plus, not all brokers have a Quick Pay program available. Carrier freight factoring is the better choice for getting consistent cash flow because you know exactly when you’ll get paid and at what rate.
Truckstop Factoring charges a flat rate, as low as 3.25%, with zero surprise fees or reserve account requirements. We also offer free broker credit checks and a mobile app to help you manage your payments on the go.
You will need to have your company information available, your driver’s license(s), your COI, and a few other items for the application process. Here’s a list with everything you’ll need. If you have questions give us a call at (888) 267-2518
No, there is no minimum amount you need to factor.
Non-recourse factoring is a type of factoring protects you from unpaid invoices, ensuring you get paid even if the broker defaults. As long as you are not at fault for the failed payment (e.g. you submitted incorrect paperwork), Truckstop Factoring will cover the loss.
The main between recourse and non-recourse factoring for trucking is which party is ultimately held responsible for non-payment. Recourse factoring holds the carrier responsible for unpaid invoices, while non-recourse factoring protects the carrier from losses due to broker credit insolvency. Non-recourse provides risk protection. It ensures payment even if the broker defaults, offering carriers peace of mind and financial security.
Yes, as long as they are approved. Here are four ways to check:
  1. Log in through the Truckstop Factoring website and click on the “Factorable” link. Enter the broker or shipper’s MC or name, click enter, and then select from the list provided. This page will show if they are approved.
  2. Download our free mobile app for Apple or Android. Once you have logged in, click on the credit check link and enter the broker’s or shipper’s information.
  3. Email FactoringSupport@truckstop.com with the broker or shipper’s name and MC number. Our team will respond within one business day.
  4. Talk to one of our factoring experts at (888) 777-5543. Business hours are Monday through Friday, 6 a.m.-5 p.m. MT, except banking holidays.

Choose the best factoring company.

Truckstop user checking out Factoring on a phone.

Get paid faster and improve your cash flow with Truckstop Factoring. We offer cutting-edge carrier factoring for trucking companies to ensure you receive immediate payment for invoices while we manage all the details.

Sign up with Truckstop Factoring today for fast, reliable payments!

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Learn how factoring makes getting paid easier.

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(888) 364-1189sales@truckstop.com
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Addresses for paperwork

Please send payment to:

Checks

Truckstop Factoring
P.O. Box 7410411
Chicago, IL 60674-0411

UPS/Fedex Mail

Bank of America Lockbox Services
Internet Truckstop Payments, LLC (10411)
540 W Madison, 4′” Floor
Chicago, IL 60661

Electronic payments

Bank: Bank of America
Beneficiary: Internet Truckstop Payments, LLC
Account: 8670220797
Routing Number (ACH): 071000039
Routing Number (WIRES): 026009593
SWIFT Address: BOFAUS3N

Please submit any required original paperwork to
one of the following addresses:

Truckstop Factoring
P.O. Box 70
New Plymouth, ID 83655

Physical Address:
222 N Plymouth Ave.
New Plymouth, ID 83655

All Truckstop Factoring services are provided through Internet Truckstop Payments, LLC DBA Truckstop Factoring.