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.
With decades of experience in transportation, we know how fast things can pile up. That’s why we make running your business easier. With fast access to cash flow and support from industry experts, we handle the hard stuff so you can keep your business moving forward.
Our mobile app and online portal simplify managing your cash flow while giving your drivers a quick and easy way to upload invoices on the go.
Customized solutions and terms to match the requirements of your business and get funded in as fast as 1 hour.
Work with a team that understands transportation inside and out, bringing decades of experience and tailored guidance to help you grow.
With our industry experience and trusted partnerships, we’ve developed cost-saving solutions to reduce your operating expenses – so you can stay focused on your business and keep your trucks moving.
Spend less on fuel at locations across North America and keep your trucks moving with $5K in pre-approved credit.
Get paid in as little as 1 hour and instantly move your money 24/7, 365 days a year.
Manage your account and finances and access tools to help you save money and simplify operations for your drivers.
With dedicated account management and full back-office support, our transportation experts will make your day-to-day easier so you can focus on your growth.
We offer resources to help you save on tires, maintenance, and the everyday expenses that keep your fleet moving.
Make smarter load decisions and check your customers’ credit before you commit with our credit check tool.
You’re already buying fuel – why not use it to lock in a better factoring rate? Make smart business decisions and take advantage of our factoring and fuel bundle; you’ll lower your costs, save big at the pump, and turn every mile into more money.
Our flexible funding adapts to your cash flow needs—quick approvals, fast funding, and no hidden fees. From solo haulers to multi-truck fleets and intermediaries keeping loads moving, we understand your unique challenges and build factoring programs that work for you.
Drive your fleet and revenue forward.
Simplify fleet management with faster payments, streamlined back-office support, and tools to keep drivers on the road. From cash flow to collections, we handle the heavy lifting so you can stay focused on running and scaling your business.
Keep your cash flow moving.
Our owner-operator factoring gives you fast access to funds so you can cover expenses, take on more loads, and keep your business running strong. Submit, track, and manage everything from your phone with our mobile app. Plus, we handle invoicing and collections so you can stay focused on driving and growth.
Tools that optimize your revenue
Get paid faster and keep your carriers happy with real-time insights and flexible payment options that scale with your brokerage. We handle invoicing and collections while you focus on booking loads and building your network.
With eCapital’s freight factoring solution, you’ll always get more—more cash flow, more flexibility, and more support. Get paid faster, keep your trucks moving, and focus on growing your business while we handle the rest.
Refer another company to eCapital, and you’ll help them get reliable cash flow with our tailored freight factoring – while you get additional revenue from every funded referral.
If your referral becomes a client, you can earn between $500 to $5,000.
Launched in 2019 with little industry experience, Red Lab Logistics focused on solid growth strategies supported by eCapital’s flexible business financing to emerge as a $50M company and a rising star on the Inc. 5000 list of the fastest-growing private companies in America.
As a new entrant to the capital intense and highly competitive transportation industry, Red Lab faced financial constraints and operational hurdles. The company needed to establish financial stability from the start to deliver quality service, build credibility, and gain trust from customers and carriers.
Supported by eCapital’s financial backing and industry expertise, Red Lab Logistics transformed from being severely undercapitalized to financial independence. By leveraging flexible financing terms and strategic guidance from eCapital, Red Lab was able to effectively navigate the complexities of the transportation industry, streamline carrier payments, and strengthen its operational networks.
Read the full use case
Falcon Freight Services, a regional carrier established in 2016, saw early success but by 2023 was grappling with deteriorating margins and delayed customer payments. Partnering with eCapital means this company can reverse course and rebuild financial strength through improved cash flow reliability.
Years of inconsistent cash flow, rising operating costs, and late customer payments had left Falcon Freight in a vulnerable financial position. The lack of working capital made it difficult to retain drivers, invest in equipment, or take on new contracts—all while struggling to stay competitive in a tightening market.
With eCapital’s freight factoring program, Falcon Freight can quickly stabilized cash flow by unlocking capital tied up in unpaid invoices. The dependable funding helped them retain drivers with on-time pay, renegotiate supplier terms, and take on new business with confidence. Within 12 months, Falcon Freight could see a 30% increase in active loads and regained operational momentum.
Silver Haul Transport, a family-run trucking company specializing in agricultural freight, experiences significant fluctuations in cash flow due to seasonal demand. Inconsistent revenue made it difficult to manage payroll, fuel expenses, and fleet maintenance during off-peak periods.
The cyclical nature of the agri-freight market left Silver Haul short on capital for months at a time. Traditional lenders were unwilling to extend credit based on inconsistent income, and the company needed a way to smooth out cash flow and maintain operations year-round.
eCapital’s factoring solution provides a steady working capital needed to manage overhead throughout the year. With this solution, during peak seasons, Silver Haul can scale rapidly with immediate access to funds; during slow periods, they used factoring to maintain stability. The result could improve financial planning, create less reliance on high-interest debt, and generate a year-over-year revenue growth of 18%.
IronPath Logistics, a mid-sized fleet based in the Midwest, was on the brink of bankruptcy after a major client default and several unexpected repairs drained reserves. With creditors circling and payroll at risk, they can turn to eCapital to avoid shutting down.
Unable to cover operational costs due to cash flow gaps and unpaid invoices, IronPath was facing legal pressure, driver turnover, and missed loan payments. The leadership team needed an immediate and reliable solution to avoid insolvency and restore day-to-day business continuity.
eCapital stepping in with a high-limit freight factoring facility and rapid onboarding means injecting the necessary capital to cover overdue payroll, critical repairs, and vendor obligations. Within weeks, the company can stabilize operations and avoided bankruptcy proceedings. Ongoing access to factoring helps IronPath restructure its financial model, rebuild credit, and retain its position in the regional market.
For over a decade, eCapital has fueled growth for more than 30,000 businesses. As North America’s largest freight factoring company, we’re ready to do the same for you. See what our customers are saying in the latest reviews.
Freight factoring, truck factoring or logistics factoring is a specialized form of invoice factoring designed for the transportation industry. It is a mainstream financial strategy that involves factoring transportation receivables by the selling of account receivable invoices at a discounted rate in exchange for immediate cash.
Here’s how freight factoring typically works:
Freight factoring provides immediate cash flow to trucking companies, allowing them to cover operational expenses, such as fuel costs, driver wages, equipment maintenance, and other business needs, without having to wait for the clients’ payment. It helps trucking businesses improve their cash flow and maintain smooth operations by converting their unpaid invoices into working capital.
Companies experiencing high growth, financial difficulty or are starting up qualify for freight factoring. Other examples of companies who qualify include:
Freight factoring is different than a commercial line of credit because:
Freight Factoring provides owner operators with trucking startup companies immediate access to capital. With this, you avoid the 30 to 90 day payment period common in the trucking industry. If you do business with creditworthy customers then you qualify for freight factoring.
Getting to know your business is a priority. As a logistics factoring company we want to make sure we offer you the best options possible that match the growing needs of your business. We’ll want to talk to you within 24 hours of you contacting us and we’ll need to see a certain amount of paperwork before we make a decision. If we have the paperwork we need from you, we can make a decision in a couple of days of you getting in touch. That’s why our clients like working with us. We don’t hang around, and you are not required to sign long term contracts.
Costs are dependent on the services you use and the amount of invoices we collect payment for on your behalf. Contact us today for a free, no-obligation quote.
What is recourse factoring?
Recourse factoring is a factoring agreement in which a trucking company sells its invoice receivables to a factoring company with the understanding that if the invoice remains unpaid after the recourse period for any reason (usually 60 to 90 days), the trucking company will be obligated to buy the invoice back.
Recourse factoring is the most popular type of factoring. It is more flexible and costs less than non-recourse factoring.
What is non-recourse factoring?
Non-recourse factoring is a factoring agreement in which a trucking company sells its invoice receivables to a factor with the understanding that if the debtor (your company’s customer) does not pay the invoice by the end of the recourse period, the factoring company may be obligated to absorb the loss. However, in non-recourse factoring, it is important to note that no universal definition specifies the liability’s circumstances. (More on this in the next section).
In effect, non-recourse factoring is like recourse factoring with an added layer of bad debt protection. For this reason, it may be more appealing to trucking companies who deal with higher-risk shippers and shippers who have been known to exceed their agreed-upon payment dates.
A factoring company, also known as a trucking factoring company or transportation factoring company, is a specialized financial institution that provides freight factoring services to businesses in the transportation industry, particularly trucking companies and freight carriers. These companies offer a range of financial services tailored to the specific needs of transportation businesses.
Looking for more in-depth answers about freight factoring? Read our article All 44 of Your Freight Factoring Questions Answered
