Truckstop.com Does Factoring Better
In the case that a broker doesn’t pay, you’re protected.
Free to apply, and no hidden fees. Ever.
Fair and flat, so you know what to expect.
Don’t get stuck in an agreement that doesn’t work for you.
Get the money you need in 24 business hours or less.
Friendly customer service and sales reps
You don’t have to factor a minimum amount, and you can pick and choose by broker who you want to factor with.
Vetted brokers and no credit check fee
Use our free system to check a broker’s credit.
Quick application turnaround
We’ll get you up and running, so you can get paid. Just apply today!
How factoring works.
You haul a load.
Submit your paperwork to us.
(instead of your broker)
We pay you right away.
Your broker pays
us in 15-30+ days.
Addresses for paperwork
Please send payment to:
P.O. Box 561280
Denver, CO 80256-1280
All other correspondence including any original paperwork requested should be sent to:
P.O. Box 70
New Plymouth, ID 83655
222 N Plymouth Ave.
New Plymouth, ID 83655
Let’s talk factoring.
Call us at 1-888-777-5543, or fill out the form below.
Is factoring different than quick pay?
Essentially, they’re the same. Both offer the benefit of getting paid faster. The benefit of factoring over quick pay is that you will be able to 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 of 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. To get consistent cash flow, factoring is the better choice because you know exactly when you’ll get paid and at what rate.
What costs are associated with factoring?
Truckstop.com Factoring charges a low, flat rate with zero added 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.
Is there a minimum volume required?
No, there is no minimum amount you need to factor.
What is non-recourse factoring?
Non-recourse factoring is a type of factoring that protects you if the Broker billed fails to pay the submitted invoice. As long as you are not at fault for the failed payment (e.g. submitted incorrect paperwork), Truckstop.com Factoring will cover the loss.
Can I factor with every Broker I work with?
Yes, you can factor with every Broker you work with as long as they are approved. Here are four ways to check:
- Log in through the Truckstop.com 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 whether they are approved.
- 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.
- Email FactoringSupport@truckstop.com with the Broker or Shippers’ name and MC number. Our team will respond within one business day.
- Talk to one of our factoring experts at 1-888-777-5543. Business hours are Monday through Friday, 6am-5pm MT, except banking holidays.