Load Factoring: Get Paid the Day You Deliver

Load factoring turns a delivered load into cash today. You send us the rate con and BOL, we pay you 100% of the load minus a flat 3% fee — same day or next business day, your choice — and we collect from the broker.

Last updated September 2, 2026

100% Advance

The whole load, minus a flat 3%. No reserve held back.

Same-Day or Next-Day

You pick the speed when you submit the load.

No Contract, No Minimums

Factor one load or every load. Cancel anytime.

What Is Load Factoring?

Load factoring is selling the invoice for a load you already delivered to a factoring company. The factor pays you now and gets paid by the broker later. You keep hauling instead of financing the broker's payment terms out of your own pocket.

Brokers rarely pay quickly. Across 468 broker payments we tracked from September 2025 to September 2026, the median broker paid 29 days after the invoice, one in ten took more than 43 days, and 43% took longer than 30 days. Fuel, insurance, and repairs do not wait that long — load factoring closes that gap.

Example: You deliver a $2,000 load on Tuesday and send us the rate confirmation and signed BOL. We verify the load with the broker and deposit $1,940 the same day or Wednesday morning — your choice. The broker pays us in 35 days. That is the whole transaction.

How Does Load Factoring Work?

1

Deliver the load

Get the bill of lading signed at delivery. That signature is what makes the invoice factorable.

2

Send the rate con and BOL

Email or upload the broker's rate confirmation and the signed BOL. No separate invoice needed — we build it.

3

We verify with the broker

We confirm the delivery with the broker and check their credit for free, so you never get stuck with a broker that will not pay.

4

Get paid

Funds land in your bank account the same day or next business day. The broker pays us on their normal terms.

Need fuel before delivery? Fuel advances work on the same load.

What Does Load Factoring Cost?

A flat 3% of the load. Not “from 3%” — 3%, whether the broker pays in 20 days or 60. No application, setup, ACH, monthly-minimum, or termination fees.

Load paysFlat 3% feeYou receive
$1,500$45$1,455
$2,500$75$2,425
$4,000$120$3,880

Many factors advertise 1.5% and raise it at day 31, 46, and 61. Ours does not move. Full detail on the pricing page.

Load Factoring vs Broker Quick Pay vs Waiting

 Load factoringBroker quick payWait for the broker
When you get paidSame day or next business day2–7 days, if offeredMedian 29 days; 43% over 30
CostFlat 3%2–5% per load, set by the broker$0 — plus whatever the wait costs you
Works with every brokerYesOnly brokers that offer itYes
Who checks the broker's creditWe do, free, before you haulNobodyNobody
ContractNoneNoneNone

Who Uses Load Factoring?

Owner-operators

One truck, one load at a time. Factoring the slow-paying loads keeps fuel money in the account between hauls.

Small fleets

Two to twenty trucks means two to twenty invoices out at once. Factoring steadies payroll and fuel.

New authorities

Brand-new MC with no payment history? We approve new authorities that other factors turn down, because we underwrite the broker, not you.

Carriers with bad or no credit

Your credit score is not part of the decision. The broker's is.

New to this? Read the new-carrier guide or compare factors in the 2026 Top-10 comparison.

Factor Your Next Load

Apply in a few minutes. Send the rate con and BOL after your next delivery and get paid the same day or next business day.

Load Factoring Questions

What is load factoring?

Load factoring is selling the invoice for a delivered load to a factoring company. The factor pays you right away and collects from the broker when the broker pays, usually 30–90 days later. At AutoFreightFactoring you receive 100% of the load minus a flat 3% fee, same day or next business day.

How fast do I get paid on a factored load?

Same day or next business day — you choose when you submit. Send the rate confirmation and signed BOL after delivery; we verify the load with the broker and fund your bank account.

Do I have to factor every load?

No. There are no monthly minimums and no contract, so you can factor one load, every load, or none this month. Many carriers factor only the loads from slow-paying brokers.

What does load factoring cost?

A flat 3% of the invoice. On a $2,000 load you receive $1,940. There are no application, setup, ACH, monthly-minimum, or termination fees, and the rate never climbs no matter how long the broker takes to pay.

Do I need good credit to factor loads?

No. We check the broker's credit, not yours. New authorities and carriers with bad or no credit are approved on the strength of the broker they hauled for.

What do I need to submit to factor a load?

The rate confirmation from the broker and the signed bill of lading (BOL) showing delivery. For your first load we also set up your account with your MC authority, W-9, certificate of insurance, and a voided check.