Overview
Carrier factoring
Built for owner-operators and growing fleets
Running a trucking company means paying for fuel, insurance, repairs, and drivers every week, while brokers and shippers can take 30 to 60 days to pay. That gap puts pressure on every carrier, whether you run one truck or fifty.
MyFactor LLC turns your delivered loads into working capital. Submit your rate confirmation and signed POD, and we advance cash on your invoice so you can get back on the road without waiting on payment. We handle collections with your brokers, so you spend less time chasing money and more time hauling.
Our transportation team understands how carriers actually operate. We look at your lanes, broker mix, and weekly expenses to build a funding setup that fits your business, and we stay with you as you add trucks, take on new lanes, and grow.
Who we serve
Funding for every stage of your trucking business
From your first load under a new authority to managing a full fleet, we support carriers with funding and tools that fit where you are today.
- Owner-operators
- Small and mid-size fleets
- New MC authorities
- Hotshot and power-only
- Reefer, flatbed and dry van carriers
New authority? Start here.
A new MC number does not rule you out. We underwrite on whether the brokers you haul for pay their bills, not on how long you have had your authority. Call us before your first load and your account can be ready when it delivers.
What comes with your account
- Free MyFactor TMS for the first year
- Access to the MyFactor Fuel Card, with per-driver limits
- Free broker credit checks from the app
- Real Time Payments or MyFactor Wallet for payouts
- Access to business banking and member discounts through TACH