Freight Factoring Explained: How It Works (and When It Actually Helps)
What is freight factoring in trucking?
Freight factoring is when you sell your unpaid freight invoice to a factoring company so you can get paid fast instead of waiting 30–45+ days. The factor advances you most of the invoice upfront, then collects from the broker or shipper and sends you the remaining balance (minus fees) after payment clears.