Trucking Factoring Services
Driving Growth for Freight and Trucking Companies
In the freight and trucking industry, getting paid can take weeks—sometimes months—after a delivery. While brokers and shippers take their time settling invoices, you’re stuck covering upfront costs like fuel, repairs, insurance, and driver pay.
That’s where trucking factoring comes in. Instead of waiting for slow payments, you can access 98% of your invoice value within 24 hours.
This gives you the cash you need to keep your trucks running, cover operational costs, and take on more loads.
Contact us today to get funded faster.
How Factoring Helps Trucking Companies
Get Paid Without the Wait
Forget long waits for broker payments. With trucking factoring, you get paid shortly after delivery, giving you the cash you need to keep rolling.
Keep Your Wheels Turning
Fuel, insurance, maintenance—it adds up fast. With a 98% advance on your invoices, you can easily manage the costs of life on the road.
Expand Without Slowing Down
Whether booking more loads or adding trucks to your operation, factoring allows you to grow without taking on loans or maxing out credit lines.
Easy Approval Based on Customer Credit
Even without perfect credit, you can still qualify. We look at your customers’ payment history, not yours, so new carriers and independent drivers can get approved.
Trucking Factoring VS. Bank Loans
While bank loans are common in some industries, trucking factoring can be a helpful alternative for the trucking industry.
Oilfield Factoring
- Less than a week to get approved.
- Once approved, you get same-day funds.
- No interest or extra fees are included.
- Apply once for ongoing access to funds.
- Access up to $10M with no monthly requirements.
Bank Loans
- It can take weeks to months to get approved.
- After approval, it can take several weeks to get paid.
- Builds interest and increases debt load.
- More funds mean more loan applications.
- Limited funding amounts with required minimum payments.
Why Customers Choose Power Funding LTD
High Advances
Power Funding uses a competitive advance rate of 98%, so you have as much as you need to manage daily costs and keep your business running.
Same-Day Funding
Once you’ve been approved and your monthly invoices are turned in, you can exchange them for immediate cash flow within 24 hours.
Free Credit Research
When you submit your invoices, we’ll evaluate your customer’s credit history, payment habits, and financial stability to help reduce risk.
No Extra Fees
We provide simple, cost-effective trucking factoring with no startup fees, giving you fast access to the cash you need to keep business moving.
Access the Funds You Need with Trucking Factoring Services
Whether you're an owner-operator or managing a growing fleet, trucking factoring allows you to stay ahead of expenses and build momentum without relying on credit lines or loans.
Contact Power Funding LTD to keep your business moving forward.
