What Is Freight Factoring? (And Why Truckers Love It)
Porter Freight Funding — Fast Pay, 1.5% Intro Rate, Same-Day Funding
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Flat, transparent pricing
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Chargebacks only after 90 days
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No termination fees with 60 notice
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Dedicated reps
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Fuel card discounts & PorterGO app
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Ideal for fleets + owner-operators
Freight factoring is when a factoring company buys your unpaid invoices at a small discount and pays you the same day.
Instead of waiting weeks or months for a broker to pay, you get the cash immediately.
It solves the #1 frustration in trucking: the wait.
For new carriers, fleets of 5–50 trucks, and even owner-operators, factoring creates predictable cash flow so you can:
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Buy fuel without stress
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Cover payroll on time
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Handle unexpected repairs
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Take better-paying loads instead of “quick pay only” loads
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Grow without being held back by unpaid invoices
This is why “fast pay for truckers” consistently ranks as a high-efficiency search topic — carriers want speed, consistency, and trust.
Why Fast Pay Matters More Than Ever
Fuel prices, insurance, compliance, and equipment costs are all rising. Cash flow delays hit harder today than they did even 3–5 years ago.
Here’s why fast pay is a game changer:
1. You keep your trucks moving
Cash in hand means fewer missed opportunities and more loads booked.
2. You avoid expensive credit card or loan interest
Factoring isn’t debt. There’s no borrowing, no interest, and no credit score risk.
3. You can focus on driving — not collections
A factoring company handles the paperwork, billing, and follow-up with the broker.
4. Your business becomes more stable
Predictable cash flow equals less stress and more growth.
What Are the Benefits of Using a Freight Bill Factoring Company?
If you’re researching for the first time, here are the biggest benefits truckers care about most:
1. Same-Day Funding
- Get paid today instead of waiting 30–90 days.
- This is huge for new authorities and small fleets.
2. Instant Credit Checks
- Avoid brokers who slow-pay or no-pay.
With a tool like PorterGO, you can check credit instantly and choose your loads confidently.
3. Fewer Chargebacks
- Many factoring companies hit carriers with chargebacks at 30 days.
- Porter waits 90 days, giving carriers and fleets more protection and fewer surprises.
4. No Hidden Fees
5. Dedicated Support Teams
- You talk to real humans — not outsourced call centers.
- This matters more than people realize, especially when you need fast help or a quick approval.
Limited-Time Promotion: 1.5% Introductory Rate for the First 60 Days
If you’re researching for the first time, here are the biggest benefits truckers care about most:
This is designed to help new carriers start strong and help established fleets get instant relief from cash flow delays.
It’s the perfect time for:
- New authorities
- Small fleets expanding
- Carriers frustrated with hidden fees elsewhere
- Anyone wanting fast pay with fewer risks
Applies to the First 60 Days. 1-year recourse contract + 95% advance rate, does not apply to Sprinter Vans or Boxed Trucks.
Contact Porter Freight Funding Today
Having a trucking authority allows for career growth and independence and will help your business increase revenue. If you’re looking to get your trucking authority and need help, give Porter Freight Funding a call at (205) 397-0934 or fill out our online form to speak with a trucking specialist.
