Carrier services
Factoring setup
Get paid in a day or two instead of waiting 30+ days, without signing a contract that traps you.
$120 one-timeWhat’s included
- Side-by-side comparison of factoring offers: rate, advance, recourse, reserves and minimums
- Contract review for term length, termination notice and fees
- Account setup and notice of assignment sent to your brokers
- Invoice workflow: rate con, BOL and POD sent the same day you deliver
- Broker credit check process using your factoring company's tools
- Fuel advance options
Price
$120 one-time. Factoring fees are charged by the factoring company, not Fleetorica.
Fleetorica never takes payment from brokers, shippers or factoring companies. We’re paid only by the carriers we work for. If another partner, like an ELD provider, pays us a referral fee, we’ll tell you before you sign up. You’re always free to choose any provider.
Questions carriers ask
Recourse or non-recourse?
With recourse, you owe the money back if a broker doesn't pay. Non-recourse usually covers only a broker's credit failure and costs more. Read the definitions in the contract.
Do I have to factor?
No. Some carriers use quick-pay or wait for normal terms. Factoring helps when you need cash flow for fuel and payments.
Will you pick the cheapest company?
We compare the full cost, not just the headline rate. Minimums, reserves and termination fees matter too.