Overview
Real Time Payments by 
Get paid in seconds, not days
Standard bank transfers can take one to three business days, and they stop completely on weekends and holidays. For a trucking company, that means approved funding can sit in limbo while fuel, repairs, and payroll can’t wait.
With Real Time Payments from MyFactor, your approved factoring funds are sent directly to your business bank account in seconds, any time of day, any day of the year. No ACH delays, no wire cutoff times, and no waiting until Monday morning.
Real Time Payments works with MyFactor factoring, MyFactor Portal, and MyFactor Wallet, so you can choose how and where your money arrives. Deliver on Saturday night, get approved, and have cash in your account before your next load.
- 24/7Payments sent any day, any time
- 365 daysIncluding weekends and holidays
- < 1 minFrom release to your bank account
- 1 dayResponse on new applications
Who we serve
Instant payments for businesses that can’t wait
Whether you’re an owner-operator who needs fuel money tonight or a broker paying carriers over the weekend, Real Time Payments puts cash where you need it right away.
- Owner-operators
- Small and mid-size fleets
- Freight brokers
- Staffing agencies
- MyFactor factoring clients
Our commitment
No cutoff times. No waiting for Monday.
Funds are sent nights, weekends and holidays, and arrive in seconds rather than in one to three business days.
RTP vs. ACH vs. wire
| Real Time Payments | ACH | Wire | |
|---|---|---|---|
| Arrives | In seconds | 1–3 business days | Same day, before cutoff |
| Weekends and holidays | Yes | No | No |
| Cutoff times | None | Yes | Yes |
How it works
MyFactor approves your invoice.
Funds are released through Tank Payments’ real-time network.
The money is in your bank account in seconds.