Rates & fees
What a fair factoring rate looks like at your volume, and the fees that sit on top of it.
Getting out of a contract & switching factors
Notice dates, termination fees, release letters and UCC liens, and moving to a new factor without a gap in cash.
How to Switch Factoring Companies: 8 Steps, in Order
How to switch factoring companies without a gap in cash: line up the new factor, pick a cutover or buyout, and send release letters first.
How to Get Out of a Factoring Contract in 9 Steps
How to get out of a factoring contract in 9 steps: find your notice date, put the exit fee in dollars, get the release letter and UCC-3 in writing.
How factoring works
The basics in plain English: what factoring is, recourse vs non-recourse, and what a factor actually checks.
Non-Recourse Factoring in Trucking: What It Covers vs Recourse
What non-recourse factoring covers, what recourse means, and the contract words that decide it. Examples and what drivers say.
What Is Freight Factoring? How It Works in Trucking
What is freight factoring? Selling unpaid load invoices for fast cash. How it works, what it costs, the fine print, and when it isn't worth it.
Choosing a factor
Owner-operator, new authority or small fleet: what to check before you sign with anyone.
Factoring for New Authority: What to Check Before You Sign
Factoring for new authority is possible. Here is what to read before you sign: the application, renewal, exit cost, minimums and credit checks.
Best Factoring Company for Owner-Operators: How to Choose
Best factoring company for owner-operators: how to choose at one truck, what flat fees do to your rate, and what to get in writing. No pick from us.
More guides
Spot Factoring for Truckers: Factor Only the Loads You Pick
Spot factoring lets you sell one load's invoice at a time, with no term or minimum. How it works, what it costs, the catches, and what drivers say about it.
Factoring Contract: 9 Clauses to Read Before You Sign
What to check in a factoring contract before you sign: term, notice, exit fee, minimums, recourse, reserve, fees and lien. 9 clauses, with what drivers say.
Fleet One Factoring Is Now WEX Capital: What to Check
Fleet One Factoring is now WEX Capital. What changed for drivers, what to read in your agreement, and how to leave or switch.
TAFS Factoring Is Now Part of eCapital: What to Check
TAFS and Instapay are now part of eCapital. What that changes for drivers, what to read in your agreement, and how to leave or switch.
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