Freight factoring, same day
Transportation Finance Corp. buys the invoices for the loads you deliver and sends you the money today, so you can fuel up and take the next load.
- Semis, car haulers and box trucks
- Same-day funding by ACH or wire
- No hidden fees
- Real people on the phone 24/7, 365 days
Built for carriers who haul
Semis, car haulers and box trucks. Whether you drive your own truck or run a fleet, factoring turns a delivered load into cash the same day instead of in 30 to 60 days.
Owner-operators
One truck, your name on the door. Get paid for every load the day you deliver, and keep fuel and repairs covered.
Small fleets
Steady cash for payroll, fuel and insurance while your brokers take their time to pay.
New authorities
Just got your MC? We help set up the company, insurance and fuel cards, and fund you from day one.
Car haulers
Open or enclosed, one car or a full load. We factor car hauler loads from dealers, auctions and auto transport brokers.
Box trucks
Straight trucks and box trucks running local or regional freight get paid the same day too.
Short-term loans
Need cash for a repair, an insurance down payment or a slow month? Ask about a short-term loan.
Why carriers choose TFC
- Funded the same day
- Send the paperwork in the morning and the money is on its way the same day by ACH, or by wire when you need it now.
- No hidden fees
- One clear rate in your agreement. No surprise charges taken out of your funding.
- Paperwork checked for you
- Our portal reads your bill of lading and rate confirmation and flags anything that doesn't match before it can hold up your money.
- A person who answers
- Call or text 24 hours a day, 365 days a year. You talk to someone who knows your account.
Ready to get paid today?
Call (888) 810-7888, or upload your first load in the carrier portal.
From delivery to deposit
Upload the paperwork
Take a photo or upload the PDF of the signed bill of lading and the rate confirmation in the carrier portal.
All services in one place
Freight factoring
We buy your freight bills, verify the load with the broker and fund you the same day. Invoicing and collections are on us.
Short-term loans
Cash when you need it for repairs, insurance down payments or a slow month, repaid from your future loads.
Fuel cards
A fuel card tied to your account, so you save at the pump on every load you haul.
Authority and licensing
LLC or corporation, EIN, MC and USDOT numbers filed for you, so you can haul under your own name.
Insurance
Liability and cargo insurance applications, filled out with you so the policy matches your authority and your loads.
Lease to buy
Buy out the truck you drive today, or finance a new one, and keep the business you have built.
What does my load pay?
Type the amount on your rate confirmation and the lane. See what lands in your account and when.
An estimate at a sample rate of 3%. Your rate depends on your volume and your brokers and is set in your agreement. Call for an exact quote.
Log in to your account
Carrier portal
For carriers who factor with TFC.
- Upload the bill of lading and rate confirmation, by PDF or phone photo
- We check that addresses, dates, signatures and stamps match before you send
- Track every load from submitted to funded
TFC staff
FactorDesk, our funding and collections system.
- Buy invoices and fund clients
- Post payments and work collections
- Reports, reserves and the carrier submission queue
Questions carriers ask
What is freight factoring?
You sell us the invoice for a load you delivered. We pay you most of it right away, then collect from the broker or shipper ourselves. You stop waiting 30 to 60 days for your money.
How fast do I get paid?
Usually the same day. When your paperwork is complete and the broker confirms the load, we send the money by ACH, or by wire if you need it faster.
What paperwork do I need?
The signed bill of lading and the rate confirmation. The carrier portal checks that the pickup and delivery addresses, dates and signatures match before you send, so nothing gets held up.
Do I have to factor every load?
Talk to us about what fits your business. Many carriers factor every load to keep cash steady; others only factor the brokers that pay slowly.
Do you factor car haulers and box trucks?
Yes. We factor semis, car haulers and box trucks. Send the signed bill of lading, or the vehicle condition report for car hauls, with your rate confirmation.
Do you offer short-term loans?
Yes. Clients can ask about a short-term loan for repairs, insurance or a slow month. Call us to talk about the amount and how it is repaid.
Can you check a broker before I book?
Yes. Call or text us the broker's name or MC number before you take the load, and we will tell you if we can buy loads from them.
Can you help me start my own authority?
Yes. We handle the LLC or corporation, EIN, USDOT and MC applications, insurance applications and fuel cards, so you can get on the road under your own name.
Talk to a person
Ask about a load, a broker or a new authority. Someone answers day and night.
745 McClintock Drive, Unit 360Burr Ridge, Illinois 60527
Office: Monday to Friday, 8 to 5
Support: 24/7
