FREIGHT FACTORING FOR TRUCKING

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.

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Fast, hassle-free freight factoring—Because cash flow shouldn’t be complicated

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.

Useful tools, easy cash flow

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.

Fast & flexible funding

Customized solutions and terms to match the requirements of your business and get funded in as fast as 1 hour.

Partner with transportation industry experts

Work with a team that understands transportation inside and out, bringing decades of experience and tailored guidance to help you grow.

FREIGHT FACTORING AND MORE

Get more of what your trucking business needs

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.

Best-in-class fuel program

Spend less on fuel at locations across North America and keep your trucks moving with $5K in pre-approved credit.

Lightning-fast cash

Get paid in as little as 1 hour and instantly move your money 24/7, 365 days a year.

Easy-to-use online portal

Manage your account and finances and access tools to help you save money and simplify operations for your drivers.

One team for everything you need

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.

Reduce your operating costs

We offer resources to help you save on tires, maintenance, and the everyday expenses that keep your fleet moving.

Instant credit checks

Make smarter load decisions and check your customers’ credit before you commit with our credit check tool.

FACTORING & FUEL BUNDLES

Bundle factoring and fuel to save more on every mile

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.

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Scalable freight factoring solutions that fit your trucking model

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.

Power. Streamline. Grow your fleet

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.

Fast Access to Cash: Reliable cash flow to cover payroll, fuel, repairs, and new opportunities with options to get funds as fast as an hour.
Streamlined Operations: Bulk upload invoices, manage fuel cards, and let us handle billing and collections – no bookkeeper needed.
Driver-friendly App: Assign custom logins so drivers can easily upload paperwork, helping you speed up invoicing and reduce delays.

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Haul, invoice, get funds–fast

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.

Priority Funding: Get paid as fast as an hour and move your money anytime, anywhere with InstaPay.
Simple Account Management: Control cash flow, payments, and receivables from your phone -streamlined and stress-free.
Non-Recourse Protection: Eliminate the worry of non-payment. We take on the risk so you can operate with total confidence.

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Book. Track. Keep Cash Flowing

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.

Fast, Flexible Cash Flow: Don’t let shippers slow you down – get funded fast, keep your carriers loyal and your lanes covered. 
Support that delivers: From carrier payments to collections, we handle the back office so you can take on more loads without slowing down.
Operate with Confidence: Track loads, run free credit checks, and manage it all 24/7 with our mobile app and online portal.

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HOW IT WORKS

Convert invoices into cash in no time

1

Turn unpaid invoices into immediate cash flow

Instead of waiting for slow-paying customers, work with eCapital to accelerate your cash flow. Submit your invoices and get paid sooner at a low cost.
2

Simplify finances with tech that works for you

eCapital provides fast funding, helping you maintain steady cash flow. Easily manage it all in our client portal and keep your operations running smoothly.
3

Your customers pay later, while you stay ahead

Your customers pay the invoice to eCapital on their usual terms. You get the capital upfront, without adding debt or disrupting business relationships.

REFERRAL PROGRAM

Support your network and boost your revenue, one referral at a time

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.

REFER TODAY

USE CASES

Financing that solves real challenges across industries, growth stages, and cash flow needs

How Red Lab Logistics grew to
$50 million in revenue in 5 years

OVERVIEW

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.

CHALLENGE

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.

SOLUTION

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

How Falcon Freight reversed financial decline and returned to growth with freight factoring

OVERVIEW

Falcon Freight Services, a regional carrier established in 2016, saw early success but by 2023 was grappling with deteriorating margins and delayed customer payments. Looking to reverse course, the company partnered with eCapital to rebuild financial strength and improve cash flow reliability.

CHALLENGE

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.

SOLUTION

With eCapital’s freight factoring program, Falcon Freight 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 saw a 30% increase in active loads and regained operational momentum.

How Silver Haul smoothed out seasonal swings and grew year-round with flexible funding

OVERVIEW

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.

CHALLENGE

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.

SOLUTION

eCapital’s factoring solution provided Silver Haul with the steady working capital needed to manage overhead throughout the year. During peak seasons, they scaled rapidly with immediate access to funds; during slow periods, they used factoring to maintain stability. The result was improved financial planning, less reliance on high-interest debt, and year-over-year revenue growth of 18%.

How IronPath Logistics avoided bankruptcy and stabilized operations with fast access to capital

Fleet of transport trucks parked.
OVERVIEW

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 turned to eCapital as a last resort to avoid shutting down.

CHALLENGE

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.

SOLUTION

eCapital stepped in with a high-limit freight factoring facility and rapid onboarding, injecting the necessary capital to cover overdue payroll, critical repairs, and vendor obligations. Within weeks, the company stabilized operations and avoided bankruptcy proceedings. Ongoing access to factoring helped IronPath restructure its financial model, rebuild credit, and retain its position in the regional market.

FREIGHT FACTORING REVIEWS

Freight financing that delivers—just ask our clients!

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.

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Frequently asked questions
about freight factoring

What is freight factoring?

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.

How does freight factoring work?

Here’s how freight factoring typically works:

  1. Service Delivery: The trucking company delivers goods or services to its clients or customers.
  2. Invoice Generation: The trucking company generates an invoice for the delivered goods or services, specifying the payment terms and due date.
  3. Factoring Agreement: The trucking company enters into an agreement with a freight factoring company (that’s us!). The factoring company verifies the creditworthiness of the trucking company’s clients.
  4. Invoice Submission: The trucking company submits the unpaid invoice to the factoring company for financing.
  5. Cash Advance: The factoring company advances a significant portion (usually around 80-90%, but at eCapital we provide up to 100%) of the invoice value to the trucking company, typically within 24 to 48 hours. The funds are transferred directly into your eCapital account.
  6. Collection: The factoring company takes over the responsibility of collecting payment from the trucking company’s clients.
  7. Remaining Balance: Once the factoring company receives the full payment from the trucking company’s client, they deduct their fees (factoring fee) and return the remaining balance to the trucking company.

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.

Do I qualify for freight factoring?

Companies experiencing high growth, financial difficulty or are starting up qualify for freight factoring. Other examples of companies who qualify include:

  • Freight brokers
  • Intermodal and container freight companies
  • Long-haul transportation carriers

How is freight factoring different than a bank loan?

Freight factoring is different than a commercial line of credit because:

  • Qualification is based on your customer’s credit score: One of the main differences between factoring transportation receivables and applying for a business loan is how the financial institution determines your creditworthiness. When you apply for a business loan, your bank will base their decision on how creditworthy you and your business are. When qualifying for factoring, the decision is based on how creditworthy your customers are. That is especially helpful for a business that is already stretched its available credit, or to a newer business that has yet to build its credit history.
  • What is considered acceptable collateral: For a business loan, you will often be asked by the bank to put up collateral such as a building, piece of equipment, or personal assets like your home. With freight factoring, the invoice sent to your client (ie: your accounts receivable) becomes your collateral, no other hard assets are required.
  • How and when it is repaid: Most business financing requires regularly scheduled payments stretched over a specified period of time (for example: monthly). With freight factoring or freight bill factoring, you receive an advance up to 98% of the invoice amount within 24 hours of submitting your invoice to the transportation factoring company. Our logistics factoring fees are deducted from the advance making the cost of factoring simple, easy to manage and affordable.

How does Freight Factoring help my startup trucking company?

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.

  • Easier to obtain than a bank loan
  • Get cash immediately after documentation approval
  • Avoid using business or personal assets as collateral
  • Avoid risk by checking customers credit rating
  • Avoid chasing receivables
  • Expert advice from trucking industry experts who know your business
  • No monthly payment obligations
  • No need to re-negotiate payment terms every time you need additionally funding

How long does it take to setup freight factoring with eCapital?

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.

How much will freight factoring cost my trucking company?

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's the difference between non-recourse and recourse factoring?

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.

What is a factoring company?

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

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We’ve got a team of financing experts available to answer any questions you may have about freight factoring.
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Looking to learn more about freight factoring?

Read our article Freight Factoring for Truckers: Everything You Need to Know [An Ultimate Intro Guide]

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