Industries
Transportation
Boost your fleet’s potential with fast, flexible freight factoring
You’re a business owner with a lot on your plate — you don’t have time to wait on slow-paying brokers and shippers. With our best-in-class freight factoring solution, you get fast funding, tailored financing, and expert support so you can stay focused on the road ahead.
Who we fund
- Owner-operators
- Fleets
- New MC authorities
- Freight brokers
What is transportation factoring?
Transportation invoice factoring is a financial solution where your business sells its unpaid invoices to a factoring company, like MyFactor, for an immediate advance, typically within 24 hours. Instead of waiting 30, 60, or 90 days for customers to pay, you get the cash flow to cover operating expenses, purchase inventory, pay employees, and invest in growth.
Everything a carrier needs, in one account
Factoring, a fuel card, a free TMS for your first year, broker credit checks, Real Time Payments and business banking, all on one login. Most carriers stitch these together from five companies. With MyFactor it is one account and one team.