You can't possibly receive a cash advancement with poor credit, right?! Wrong! Porter Freight Funding doesn't perform a credit check on you or your business prior to purchasing your invoices. If bad credit is holding you back from success, allow Porter Freight Funding to help! Invoice Factoring Invoice factoring [...]
Last updated: April 8, 2026 Freight factoring companies typically charge 1% to 5% per invoice, depending on your volume, customer credit, and payment speed. Lower rates are usually offered to established carriers with strong brokers, while new authorities may pay slightly higher rates. The real cost of factoring is not [...]
Running a profitable trucking company takes more than just being a great truck driver. You can be a veteran in the trucking industry, but running a trucking business is challenging if you lack cash flow. Working in the transportation industry can be cutthroat, which is why we are here to [...]
Decide what you need Each driver's needs are different, so it is important to figure out what you're looking for before you get started on researching other financing options. Ask yourself these important questions: What type of truck do you need for your commercial trucking business? What loads will [...]
How does quick pay work in trucking? What about freight factoring? These are common terms in the trucking industry, and understanding their differences and benefits is vital to your business's short- and long-term health. Learn how they work with Porter Freight Funding today. Freight Factoring vs. Broker Quick [...]