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Trucking Factoring

Accelerate Your Cashflow With Expert Transportation Factoring

Have payment delays become an insurmountable roadblock for your freight business? It’s time to unlock working capital for your trucking business by turning unpaid invoices into cash with transportation factoring!

Invoice Factoring for Trucking Companies

Factoring for trucking companies is a flexible financial solution that gets you paid sooner for the service you’ve already provided. Rather than wait for your clients to pay their invoices, you can sell them to REV Capital for a cash advance totaling up to 98% of their value. We make factoring freight invoices quick and easy so you can focus on your business.
Quick and Easy Approval Process
No Long-Term Contracts or Hidden Fees
24/7 Access to Online Account Management Tools

Tailored Solutions for Transportation Businesses

Limited access to capital can stunt your growth, especially in the transportation sector. It’s difficult to concentrate on business development when you’re wondering how to pay for drivers, insurance, plates, and fuel. Juggling bills and chasing payments leaves no time—or money—to grow your business. That’s where we can help.
Reliable Payments - REV Capital
Grow Your Operations

Working with a trucking factoring company will grant you the working capital to seize valuable expansion opportunities.

Reliable Payments - REV Capital
Improve Client Relationships

Depressurize your client relationships by shifting the burden of collecting invoices onto a trucking factoring company.

Reliable Payments - REV Capital
Negotiate Better Terms

Having more cash handy will give you the confidence and leverage needed to negotiate more favorable terms with your suppliers.

How Transportation Factoring Works

Our freight factoring services are a smooth ride. Conduct your business as usual, submit your invoices to us, and then relax as we handle collection. Our mission is to make transportation factoring fast, effective, and beneficial to all parties.

Streamlined Financial Solutions for the Freight Industry

Our success stories are all unique. We know no two transportation businesses are the same, which excites us—we take pride in getting to know your business and finding ways to grow alongside it. Wherever you run a trucking company or a courier business, rest assured the time you invest into our relationship will pay dividends.

Trucking Companies
Whether you’re transporting smaller shipments or full truckloads, our factoring for trucking companies is flexible enough to meet your needs.
Freight Forwarders
Organizing the movement of goods is complicated—inject some simplicity into your finances with freight factoring that works for you.
Shipping Companies
The quick payments you get when factoring freight invoices will enable you to move cargo on long journeys across seas with confidence.
Railroad Freight Companies
Moving cargo by train can be a long process; transportation factoring will ensure your invoice collection is the exact opposite.
Air Freight Companies
Get paid faster than your trips by choosing to work with REV Capital over the other run-of-the-mill freight factoring companies.
Courier and Parcel Delivery Services
No matter what you’re delivering or who you’re delivering it to, invoice factoring will give you the peace of mind to get there.
Third-Party Logistics Providers
Extended payment terms are far too common in the logistics world—protect valuable relationships with us handling collection.
And More
No matter what corner of the transportation industry your business occupies, we have a financial solution that will unlock its potential.
Get Funded

Choosing the Right Financial Solution for Your Transportation Business

Traditional financing—whether it be loans, debt financing, or private equity financing—can work in a pinch but can also stunt your business growth. Transportation factoring is the best way to balance today’s needs without sacrificing tomorrow.

Traditional Freight Financing

Lengthy approval processes
Strict credit criteria
Limited loan amounts
Fixed monthly repayments
High interest rates
Complicated paperwork

Freight Invoice Factoring

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Access funds quickly
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Less focus on your credit
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Flexible and scalable
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No extended payment terms
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Simple paperwork
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Full financial transparency

Onboarding With REV

What You Need To Get Started

Some information about your business
Tell us a bit about your business and customers. We've probably served your industry before, but every business is unique! Like most financial institutions, REV requires standard KYC documents such as Articles of Incorporation, Business Licenses, IDs, and Financial Statements.
Basic details about your invoices
In order to purchase an invoice, REV requires the same documentation that your client needs in order to pay. This usually includes the invoice, confirmation, and proof of service.
A signed application form
Filling out an application couldn't be simpler. A few quick questions stand between you and cashflow freedom!

Qualifications

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B2B service provider
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Creditworthy debtors
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Clear audit trail
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North American customers
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Monthly volumes up to $10 M
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No consignment sales
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No pre-billing
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No liens on A/R
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No warranties
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No progress billing
Getting started couldn’t be simpler. Some changes are hard.
This one is easy.
Get Funded

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Drive More and Spend Less With REV Fuel

Further enhance your savings with REV Fuel, our advanced fuel discount card. Specially designed to support transportation companies, REV Fuel offers significant fuel savings at a vast network of truck stops across North America. With no deposit required, REV Fuel makes it easier for your business to maintain a steady cashflow while reaping the benefits of discounted fuel prices.
Look Beyond Dead-End Growth - REV Capital

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FAQs About Transportation Invoice Factoring

What is freight factoring?
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Freight factoring—a.k.a. trucking factoring or transportation factoring—is a financial service where you sell your invoices to get paid immediately, instead of waiting for 30 to 90 days. This provides quick cashflow, keeping your business running smoothly between payments.

Is factoring worth it in the trucking industry?
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Freight factoring allows trucking companies to get paid immediately instead of having to wait for payment from their customers on loads they’ve already hauled. If you find yourself struggling to maintain a healthy cashflow, spend too much time dealing with invoice collection throughout the week, or need additional back-office support you’d rather not pay for, then working with a trucking factoring company is a worthwhile solution.

What is a good factoring rate in trucking?
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Freight factoring companies typically charge fees between 1% and 3% of the invoice value. As these charges can differ across companies and can come with different added benefits, it’s best to find a trustworthy factoring company that provides a reasonable rate for you.

How does factoring work for trucking companies?
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Does freight factoring drive away clients?
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