Factoring Service
Accelerate Your Cash Flow with Factoring Solutions from Extreme Dispatch
Running a successful trucking business depends on steady cash flow—but waiting 30 to 60 days for brokers to pay can create unnecessary strain. That’s why Extreme Dispatch partners with trusted factoring companies to help you get paid faster. Our factoring services are designed to eliminate payment delays, giving you access to the cash you’ve earned within 24 hours of delivery. We don’t just connect you to factoring; we integrate it into your entire back-office process for maximum convenience and reliability.
We understand that every trucking company has unique financial needs. Whether you’re an owner-operator or managing a growing fleet, our team helps you navigate your options and tailor a factoring plan that works best for you. With Extreme Dispatch, you gain more than just fast payments, you gain peace of mind, reduced admin load, and a financial boost that fuels your business.
What is Freight Factoring and Why It Matters
Freight factoring is a financial tool where a factoring company purchases your unpaid freight invoices and pays you upfront, usually within 24 hours. Instead of waiting for brokers to pay on net-30 or net-60 terms, you receive your money now, allowing you to manage fuel expenses, driver wages, maintenance, tolls, and other daily costs with ease.
Factoring is not a loan, it’s a transaction. You sell your invoices and get paid quickly while the factoring company handles collections. For busy carriers and owner-operators, factoring can be the difference between scaling a business and struggling to stay afloat.
How the Factoring Process Works
We’ve simplified the factoring journey into a few easy steps that get you paid without the hassle:
- Deliver the Load
Complete your delivery and gather essential documents like the BOL, POD, and signed rate confirmation. - Submit Documents
You or our billing team submits the documents to your chosen factoring company. - Receive Fast Payment
The factoring company pays you up to 98% of the invoice amount, typically within 24 hours. - Broker Pays the Factor
The broker pays the factoring company within the agreed timeframe. You get the remaining balance (minus any fees).
This process allows you to receive payment for your hard work right away, giving you the financial flexibility you need to keep your wheels turning.
Pros and Cons of Freight Factoring
While factoring offers clear benefits, it’s important to understand both sides to make an informed decision.
Advantages:
- Fast Payment: Receive funds within 24 hours.
- No More Broker Chasing: Skip the collections and payment follow-ups.
- Improved Cash Flow: Use your capital immediately for fuel, payroll, or maintenance.
- Fewer Admin Duties: Let professionals handle documentation and invoicing.
- Credit Checks on Brokers: Ensure you’re working with reliable payers.
Potential Drawbacks:
- Fees Apply: Typically 1.5–5% per invoice, depending on the plan.
- Contracts May Be Required: Some companies need a 6- or 12-month agreement.
- Recourse Risk: You might be responsible if the broker fails to pay (unless using non-recourse factoring).
With the right partner, like those we connect you with at Extreme Dispatch, factoring becomes a tool for long-term financial strength, not just a short-term fix.
Integrated Factoring Support from Dispatch to Documents
Unlike standalone factoring services, we offer full integration with your dispatching, billing, and document handling. That means fewer steps for you and a smoother experience from load to payment.
Here’s What We Offer:
- Personalized Factoring Setup
We help you choose the right factoring partner for your business model, payout preferences, and load volume. Whether you prefer daily deposits or weekly roll-ups, recourse or non-recourse options, we guide you through it all. - Seamless Document Flow
Because we already manage your dispatching and paperwork, we can instantly forward completed load documents to your factoring company. No delays, no confusion, just efficient, reliable submissions. - Ongoing Contract Support
We explain every clause and help you understand your factoring agreement, so you’re never caught off guard by fees or limitations.
The Real Benefits of Factoring with Extreme Dispatch
- Same-Day Payments on Loads
Your hard work shouldn’t sit unpaid for weeks. With us, it doesn’t. - No More Admin Guesswork
We handle your invoice submissions and track payments on your behalf. - Zero Delay in Dispatching
Factoring fits seamlessly into our dispatching flow, no added workload. - Fuel Growth, Not Stress
Free up capital to reinvest in your business, new lanes, new trucks, better pay. - Trusted Partners Only
We only work with factoring companies who have proven track records with truckers. - Built for Owner-Operators and Fleets
Whether you’re running one truck or managing ten, we customize your factoring experience.
Getting Started Is Simple
If you’re ready to stop waiting and start growing, factoring is your best move. Here’s how to get started with Extreme Dispatch:
- Tell Us About Your Business Needs
We listen to your goals and cash flow challenges. - We Match You with a Trusted Factoring Partner
Based on your unique situation, we make the best introduction. - Deliver Loads, Submit Docs
We help you with paperwork, submissions, and everything in between. - Get Paid Fast
Money hits your account, usually within one business day.
Why Truckers Trust Extreme Dispatch for Factoring
Because we don’t just provide a service, we support your business from every angle. Our team doesn’t leave you guessing. We’re hands-on, available 24/7, and deeply familiar with the challenges of trucking.
When you work with Extreme Dispatch, you get:
- Experienced back-office professionals
- Access to reliable factoring networks
- Transparent communication
- Assistance with invoicing, BOLs, PODs, and more
- Guidance on contracts and terms
You won’t have to do any of this alone. We bring clarity to your cash flow and remove the stress from getting paid.
Move Loads, Get Paid, Grow Faster
Factoring is just one of many services we use to power up your operation. From dispatching and compliance to billing and document management, Extreme Dispatch is here to take the weight off your shoulders, so you can focus on what you do best: keeping the freight moving.
Let’s make your business faster, smoother, and more profitable. Get in touch today and ask us about factoring support.