You get most of an invoice's value now and the rest when the broker pays, minus a fee — useful when payment terms run 30–60 days.
Check my optionsTrucking and logistics
Logistics companies typically invoice shippers and brokers on 30 to 60 day terms while paying drivers, fuel and carriers weekly. Invoice financing turns those receivables into cash so operations are not limited by how fast customers pay.
Amount to request
$85,000.00
Funding range$25K to $5M
*Sample amounts shown. Your actual offer depends on your business and is reviewed before approval.
You can apply at 500; stronger credit opens more products.
Net cash, total payback and payment shown before you sign.
A person reviews your revenue, time in business and bank activity, often within hours.
Advances, lines of credit and second-position options in one place.
Fast decisions. Applying takes about 5 minutes.
A short application. A soft credit pull to start.
We review revenue, time in business and bank activity, not just a credit score.
You see the amount, the schedule and the full repayment amount before you sign.
Funding in as little as 24 hours for qualified businesses.
There are two main forms. Invoice factoring sells the invoices to a factoring company, which advances most of the value within a day or two, collects from your customer and pays you the remainder minus its fee. Invoice financing, sometimes called accounts receivable financing, uses the invoices as collateral for a loan or line while you continue collecting from customers yourself.
Freight factoring is the most common form in trucking and brokerage. Many factors serving the industry offer fuel advances, load-board credit checks on brokers and online invoice submission. Fees usually depend on volume, the creditworthiness of the brokers and shippers and how quickly they pay. Recourse arrangements make you responsible for invoices that go unpaid; non-recourse shifts certain credit risk to the factor for a higher fee.
For third-party logistics providers and brokers with larger shipper accounts, a receivables-based line of credit may be cheaper than factoring, because you borrow only what you need against eligible invoices. It usually requires stronger financials and regular reporting of receivables.
Revenue-based funding is a complement, not a replacement. It is sized on bank deposits rather than specific invoices and suits one-time needs such as an equipment repair, insurance down payment or onboarding a new contract. If you already factor, disclose it, since the factor typically holds a lien on receivables.
MFE considers credit from 500 for revenue-based options and can show how they would fit alongside your existing factoring arrangement.
Here is a revenue-based offer that could complement factoring for a one-time need. Illustrative numbers.
| Amount funded | $100,000 |
| Factor rate | 1.45 |
| Total payback (amount × factor) | $145,000 |
| Fees deducted at funding (2%) | $2,000 |
| Net cash you receive | $98,000 |
| Weekly payment over 48 weeks | $3,021 |
| Same total as daily debits (~240 business days) | $604/day |
Illustrative numbers only. Your offer depends on your file; always compare net cash and total payback in writing.
| Freight factoring | Sell invoices, cash in 1-2 days |
| Non-recourse factoring | Factor absorbs certain credit losses |
| AR line of credit | Borrow against eligible invoices |
| Fuel advances | Offered by some factors |
| Revenue-based funding | One-time needs, sized on deposits |
Good fit:
Probably not yet:
Turning unpaid freight invoices into cash through factoring or receivables-backed credit.
Factoring sells invoices; invoice financing borrows against them.
Volume, customer creditworthiness and how fast customers pay.
The factor absorbs certain credit losses if a customer cannot pay, for a higher fee.
Possibly, if disclosed; the factor usually holds a lien on receivables.
An AR line is often cheaper but requires stronger financials.
Example uses for illustration only.
Before you apply:
One secure application. A soft credit pull to start. No obligation to accept an offer.
Apply for Funding