If you’re a carrier or owner-operator, long payment cycles of 30 to 90 days can make it challenging to cover fuel, maintenance, and other essential expenses. Freight factoring converts unpaid invoices into immediate cash, often within 24 hours, so you can keep your operations moving without taking on debt. Choosing the right factoring partner ensures steady cash flow and the support you need to stay competitive on the road.
If daily freight deliveries remain the lifeblood of your fleet, effective truck fleet management can be the difference between your business thriving over the long-haul or getting left by the side of the road. But before you can implement a top-notch truck fleet management program, you first need a blueprint that leaves your fleet poised for success.
Switching factoring companies is a critical decision for carriers seeking to optimize cash flow, improve service quality, and gain greater transparency. This guide provides actionable insights to evaluate your current provider, identify the right time to switch, and select a new factoring partner. Whether you’re encountering challenges like hidden fees, chargebacks, or poor service, this resource will help you navigate the transition effectively and position your business for long-term success.
Amid economic uncertainty and continued supply chain chaos, load factoring has become a lifeline for carriers that simply want to maintain operational cash flow and keep their business running smoothly.
DAT rates are now available directly within Keelvar’s AI sourcing platform, giving shippers new ways to source quickly, precisely, and confidently.
KeHE modernized its freight procurement with GoodShip and DAT, cutting manual work and boosting carrier collaboration.
How Freshpet cut costs and boosted on-time delivery by modernizing its supply chain with DAT’s analytics and rate tools.
Embed verified rate data into OTM to streamline sourcing, control costs, and boost ROI with real-time freight intelligence.
Quickly cover box truck, hot shot, sprinter vans, and more in DAT One
Your DOT safety rating reflects compliance with FMCSA standards—improving it builds trust, protects drivers, and supports long-term success.
Accounts receivable factoring gives trucking companies fast cash flow from unpaid invoices, helping manage costs, grow, and take on new contracts with confidence.