Our approach
Broker factoring
Pay your carriers fast, even when shippers pay slow
As a freight broker, your reputation depends on paying carriers quickly. But shippers often take 30, 45, or 60 days to pay you. MyFactor LLC advances cash on your shipper invoices, so you can offer quick pay to carriers, cover more loads, and grow your brokerage without tying up your own capital. Our team understands brokerage operations and builds funding around your load volume and shipper base.
Built for brokerages
Funding designed around broker cash flow: paying carriers upfront while waiting on shipper payments.
Transparent pricing
One clear fee per invoice. No surprise charges or confusing fine print.
Dedicated account manager
One specialist who knows your shippers and your business, not a call center.
- Fast shipper invoice funding
- Shipper credit checks
- Carrier quick pay support
- Collections support
- Online client portal
Built for growing brokerages
Move more loads with confidence
Every load you book means paying a carrier long before your shipper pays you. As your brokerage grows, that gap gets bigger. At MyFactor LLC, we review your shipper payment terms, load volume, and carrier payment schedule to build a funding plan that lets you take on new shippers without worrying about cash. With reliable working capital behind you, you can pay carriers faster, build stronger carrier relationships, and focus on growing your book of business.
Our process
Four steps to faster cash flow
- 01
Talk to us
Schedule a short call with a funding specialist. We’ll learn about your brokerage, your shippers, and your monthly load volume.
- 02
Open your account
Share your broker authority, surety bond details, and accounts receivable aging report. We review your shippers’ credit and set up your account.
- 03
Submit invoices
After the load is delivered, upload your shipper invoice, rate confirmation, and signed POD through our online portal.
- 04
Get funded
Receive an advance in your bank account to pay your carriers. When the shipper pays, we send the remaining balance, minus our fee.
Why brokers factor
Quick pay without the cash drain
Offer carriers quick pay using your shipper invoices, not your own capital.
Take bigger shippers
Say yes to shippers on 45 or 60 day terms without stretching your bank balance.
Know who pays
Shipper credit checks before you book the load.
FAQ
Questions we get asked
Do you fund new brokerages?
Yes. Approval depends mainly on your shippers’ credit.
What do I need?
Broker authority, surety bond details and your A/R aging report.