Overview
Freight factoring
Get paid on your loads without the wait
Brokers can take 30 to 60 days to pay. We advance cash on your delivered loads so you can cover fuel, driver pay, and repairs on time. Whether you run one truck or a growing fleet, our freight specialists set up a funding plan that fits your operation.
Transparent rate structures
You see your rate before you sign. One clear fee per invoice, with no surprise charges added later.
Zero hidden contract fees
No application fees, no setup costs, and no fine-print charges on your statements.
Direct freight specialists
Your account is managed by people who know trucking, brokers, and load paperwork, not a general call center.
- Accelerated payouts
- Custom fuel advance
- Instant credit checks
- Full-service accounts receivable
Built for carriers
Keep your trucks moving
Steady cash flow keeps your business on the road. Brokers often take 30 to 60 days to pay, but your fuel, insurance, driver payroll, and repair bills can’t wait that long. At MyFactor LLC, our transportation team takes the time to understand your operation, from the lanes you run and the brokers you haul for to your weekly expenses and growth plans. We then build a funding setup that turns your delivered loads into working capital, so you always have cash on hand when you need it. Whether you’re an owner-operator just starting out or a fleet adding more trucks, your funding grows with your business, including through the slow seasons.
Our process
Four steps to accelerate your freight revenue
- 01
Discovery call
Talk with a freight funding specialist for about 10 minutes about your loads and cash flow needs.
- 02
Account setup
Share your MC/DOT authority, certificate of insurance, and W-9 to open your account.
- 03
Submit invoices
Upload the rate confirmation and signed POD through our portal or mobile app.
- 04
Get funded
Funds go straight to your bank account. We handle collections with your brokers.
What you need to get started
- MC and DOT authority
- Certificate of insurance
- W-9
- A recent rate confirmation and signed POD
FAQ
Questions we get asked
Is there a long-term contract?
No.
Do my brokers know I factor?
Yes. Your brokers get a notice of assignment and pay MyFactor directly.