Columbus Day Funding Notice:
Porter will be open Monday, October 12, but we can only fund to tank cards and fuel cards, with ACH and wire payments resuming Tuesday.
Freight Factoring for Trucking Companies
That Want to Get Paid Faster
Built in Alabama.
Backing American Truckers
Backing American Truckers
Porter Freight Funding helps trucking companies get paid faster and grow stronger.
Fast funding, transparent terms, and real human support for owner-operators and fleets nationwide.
We answer the phone. We know your name.
The Highest-Rated Freight Factoring Company in the Industry
You’re in good company. Owner-operators and small fleets across the country have given Porter a verified 4.8-star rating for freight invoice factoring and financing. From same-day funding to transparent factoring rates, our reviews come from real trucking companies who count on Porter for reliable receivables factoring and dependable cash flow, load after load. See why carriers across the country trust Porter with their freight factoring
What Is Freight Factoring and How Does It Work?
Move freight, not paperwork.
Submit your load documents and let us take it from there.
Turn delivered loads into cash quickly.
Get funded fast instead of waiting 30, 60, or even 90 days.
Eliminate payment headaches.
We manage broker payments, collections, and credit monitoring on your behalf.
Keep your business moving forward.
Receive the remaining funds when the broker pays and focus on growth.
Freight factoring is a simple way for trucking companies to get paid quickly instead of waiting weeks for a broker or shipper to settle an invoice. Instead of carrying the cost of fuel, repairs, and payroll while an invoice sits unpaid, you sell that invoice to a factoring company and receive the money up front. From there, Porter Freight Funding handles all of the back-office support, including paperwork, collections and debtor management.
Why It Matters for Your Fleet
For owner-operators and growing fleets, the gap between delivering a load and getting paid is often where a business gets squeezed. Fortunately, freight factoring closes that gap, turning a 30-, 60-, or 90-day wait into same-day funding.
With Porter Freight Funding, the process is straightforward:
Deliver your load. Submit your paperwork. Get funded fast.
After that, Porter handles payment from the broker directly, so there's no long
wait, no chasing payments, and no taking on debt.
In other words, you never have to worry about a loan payment, interest rates, or tying
up credit lines just to improve your cash flow.
Start With Our Lowest 1.5% Rate.
This Rate Won’t Last Forever.
Applies to the first 60 days. 1-year recourse contract + 95% advance rate. Does not apply to Sprinter Vans or Boxed Trucks.
Everything You Need To Keep Trucks Moving
Fast Funding. Simple Tools. Built for trucking companies, carriers, and growing fleets.
Freight Factoring
Funding Solutions Designed for Growing Fleets
Improve cash flow, operations, and scale your fleet with flexible factoring built for your business.
Learn More
PorterGO Platform
All-In-One Management Through PorterGO
Manage funding, submit invoices, track payments, monitor loads, and access tools to keep your business moving.
Learn More
Partner Program
Grow Your Business Through Strategic Partnerships
Unlock new revenue opportunities through partnership designed for long-term mutual growth.
Learn More
All-In-One Maintenance with PorterGO
New Feature: Instant Credit Check Email Domain Match
PorterGO brings the day-to-day running of your trucking business into one place. From a single app you can run instant credit checks before accepting a load scan and submit documents, track the status of your funding, browse load boards, and find fuel discounts at more than 2,500 locations nationwide.
Get Paid at PICK-UP
Sometimes waiting even one day for funding isn’t an option. Fuel, repairs, and operating expenses need to be covered before the load is delivered. Porter Wallet 24/7 Advances let you draw against a load at pick up, any day of the week, including nights, weekends, and holidays. Advances are managed entirely through the PorterGO app, so you can access cash whenever you need it without a phone call or a wait.
Fuel Discounts
Save on diesel costs with nationwide fuel discounts and expense management tools. The PorterFuel Card is everywhere with discounts at over 2,500 locations.
Fuel is one of the largest and least predictable costs a trucking company faces. Porter’s fuel card program is built to make that cost easier to manage – giving you access to discounted diesel at locations nationwide, along with simplified expense tracking that makes tax reporting easier.
The Porter Freight Funding Difference
Funding invoices is only part of what we do. Porter also helps protect your business with transparent pricing, dedicated support, and recovery assistance when brokers don’t pay. Here’s what sets Porter apart:
Factoring that Works for You
Protect your profits and keep cash flow moving.
No Quick Chargebacks
We actively recover unpaid invoices - at no cost to you.
Proven Recovery Team
90-day collections before any chargeback.
US-Based Team
Locally owned and operated in Birmingham, Alabama.
Real Human Support
Call and talk to someone who knows your business.
Fast, Flexible Funding
Same-day funding and fuel advances.
Transparent, Honest Rates
Low rates, fast pricing with no surprises.
Free Unlimited Credit Checks
95% Completed in Under 2 Minutes Using PorterGO
Earn $300 Per Referral
Get paid for referring trucking companies
Trusted by Trucking Businesses
Get the insider edge for growing your trucking business
Get the insider edge for growing your trucking business
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What Happens If a Freight Broker Doesn’t Pay?
Most Factoring Companies Charge Back. We Don’t Stop There.
If a broker doesn’t pay, Porter steps in – at no cost to you
We Fund, We Recover
We step in for free. You keep trucking.
Porter Freight Funding is one of the only factoring companies that actively works to recover unpaid invoices at no additional cost.
Get a Personalized Freight Factoring Quote
No Affect to Your Credit
Prefer to Talk to a Real Person?
Have questions about freight factoring, fuel discounts, broker credit checks, or getting started with PorterGO? Call our U.S.-based team and speak directly with someone who understands trucking.
Prefer to Talk to a Real Person?
Call our U.S.-based team and speak directly with someone who understands trucking.
Freight Factoring FAQs
What Does Porter Freight Funding Do?
Porter Freight Funding is a freight factoring and fuel card company based in Birmingham, Alabama that helps trucking companies get paid faster. Porter provides same-day invoice factoring, the Porter Fuel Card with discounts at major truck stops, and 24/7 advances through Porter Wallet.
What Is Freight Factoring?
Freight factoring lets a trucking company sell its unpaid freight invoices to a factoring company for immediate payment instead of waiting 30 to 60 days for a broker or shipper to pay. The factoring company collects payment from the broker, so carriers keep cash flowing without taking on debt. Learn more about freight factoring for trucking companies.
How fast can I get paid with Porter Freight Funding?
Porter Freight Funding offers same-day funding, and with 24/7 advances through Porter Wallet you can get paid the moment you pick up a load, including nights, weekends, and holidays.
What Are Porter Freight Funding's Factoring Rates?
Porter offers competitive freight factoring rates with no hidden fees, including an introductory rate as low as 1.5% for qualifying carriers. Your exact rate depends on your fleet size and volume, and you can get a quote in minutes by calling (205) 397-0934.
Who Does Porter Freight Funding Work With?
Porter works with owner-operators, fleets and mid-size trucking companies across the United States, including dry van, flatbed, reefer, and hot shot carriers. Whether you run one truck or fifty, Porter builds a freight factoring program around your operation.
Does Porter Freight Funding Offer A Fuel Card?
Yes. The Porter Fuel Card gives trucking companies discounts on diesel at thousands of truck stops nationwide, and it is available even if you do not factor with Porter. Cardholders also receive weekly savings reports showing exactly what they saved.
What Happens If A Freight Broker Doesn't Pay?
If a broker doesn’t pay, Porter Freight Funding doesn’t immediately charge you back. Porter runs up to 90 days of active collections with a dedicated resolution team, at no cost to you.