Get paid faster with freight factoring
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.
You focus on hauling freight;we’ll handle the rest.
Speed up pay
Increase the speed of being paid upon invoice verification.
Flat rate
Know what to expect; no surprises.
Non-recourse factoring
If the broker doesn’t pay due to credit insolvency, you still get paid!
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.
Once you’ve booked and moved your freight, factoring allows you to get paid on the invoice right away. In exchange for a low, flat fee, you receive payment on the invoice within 24 hours (once your invoice has been verified). No need to wait up to 30 days to get paid.
1
You haul a load.
2
Submit your paperwork to us.
(instead of your broker)
3
We speed payment your way.
4
We wait for your broker to pay.
(instead of you)
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Learn how factoring makes getting paid easier.
Connect to a Truckstop expert.
Frequently Asked Questions
- 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.
- 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 [email protected] with the broker or shipper’s name and MC number. Our team will respond within one business day.
- 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.
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.