Freight Factoring for Owner-Operators and Trucking Companies.
Fuel, maintenance, and payroll don’t always wait for a broker’s payment cycle. Freight factoring can help eligible carriers access funds sooner by selling qualifying unpaid invoices to an independent factoring company.
TTM Dispatch helps you understand the process and discuss possible introductions to providers where available. Understand the fees, funding requirements, and agreement before you commit.
UNDERSTAND YOUR OPTIONS
Completed Loads. Outstanding Invoices. Everyday Expenses.
Delivering freight and receiving payment don’t always happen on the same schedule. While an invoice remains unpaid, your business still needs money for fuel, insurance, maintenance, and other operating expenses.
Freight factoring is an arrangement in which a carrier sells eligible freight invoices to a factoring company under a written agreement. The provider may advance part of the invoice value and settle any remaining balance, less agreed fees and adjustments, according to its terms.
Whether factoring fits your operation depends on your margins, cash reserves, invoice volume, and the actual cost of the agreement.
Bring Your Dispatch and Payment Processes Together.
We help align your freight movement, rate documents, and invoicing communication so you can make informed decisions.
Understand the Process
Get a clear introduction to how trucking invoice factoring works, what information providers may request, and which questions to ask before applying.
Discuss Provider Introductions
Where an appropriate referral relationship is available, ask about an introduction to an independent freight factoring provider for further discussion.
Coordinate Shipment Documents
Under your selected dispatch services, we can help coordinate routine shipment records, including rate confirmations and proof-of-delivery documents relevant to invoicing.
Clarify the Next Steps
Understand which matters belong with your dispatch team and which require the factoring provider’s review, approval, or written confirmation.
Factoring Options Worth Exploring Around Your Business.
Every carrier operates with different fuel requirements, reserve capital, and customer payment terms.
Owner-Operators
For independent operators evaluating whether earlier access to eligible invoice proceeds justifies the associated fees and contractual obligations.
- Evaluating whether upfront cash outweighs the discount fee percentage
- Bridging initial fuel and maintenance needs during new operating months
- Avoiding 30-to-45 day broker payment delays when cash reserves are lean
Small Trucking Fleets
For fleet owners reviewing how payment timing affects fuel purchases, payroll, maintenance, and other recurring operating expenses.
- Meeting predictable weekly payroll schedules for company drivers
- Funding substantial diesel card accounts and recurring tire repairs
- Maintaining steady cash flow across multiple simultaneous loads
Carriers Reviewing Existing Arrangements
For trucking businesses comparing providers or considering changes to an existing factoring agreement. Current assignment, notice, and termination obligations should be reviewed first.
- Auditing hidden fees, ACH transfer surcharges, or aged invoice chargebacks
- Checking UCC-1 release requirements and contract termination windows
- Comparing non-recourse credit protection vs. lower recourse fee rates
A CLEAR HANDOFF
Set the Coverage Before the Shift Begins.
A reliable after-hours operation begins with structured expectations and verified procedures.
01
Complete the Shipment
Deliver the load and collect the required signed proof of delivery and supporting shipment documents.
02
Submit Eligible Invoices
Provide invoices and documentation through the factoring company’s submission process, following its agreement and assignment requirements.
03
Provider Reviews the Details
Provide the relevant shipment details, appointments, contact information, operating instructions, and outstanding issues.
04
Receive Approved Funding
If approved, funds are released according to the provider’s advance terms, processing schedule, and applicable fees.
05
Collection and Final Settlement
The provider handles invoice collection under its agreement. Any reserve, remaining balance, deductions, or adjustments are handled according to the contract.
Know the Full Cost Before You Sign.
Factoring agreements contain critical terms beyond the headline discount percentage. Reviewing every fee clause ensures there are no surprises.
Before Signing, Review:
- Advance Rate vs. Factoring Fee.
- Recourse vs. Non-Recourse Terms.
- Ancillary and Processing Surcharges.
- Monthly Volume and Invoicing Minimums.Monthly Volume and Invoicing Minimums.
- Notice of Assignment (NOA) and UCC Filings.
- Contract Length and Cancellation Terms.
Clear Answers to Help You Evaluate Factoring.
Search freight factoring questions... Does TTM Dispatch provide the funding or set factoring rates?
No. The factoring provider evaluates eligibility and sets all funding terms, advance rates, and fees. TTM Dispatch does not provide funding. We help explain the process, coordinate dispatch paperwork like rate confirmations and PODs, and discuss possible introductions to independent providers where available.
What is the difference between recourse and non-recourse factoring?
Do I have to factor every invoice or load?
What is a Notice of Assignment (NOA)?
What documents are required when submitting a freight invoice?
Can I switch factoring providers if I already have an existing agreement?
Does an introduction by TTM guarantee approval or suitability?
Have a specific operational question?
We are happy to review your current dispatch protocol and lane requirements.
Ask About Factoring Options.
Share your equipment, truck count, and factoring questions. We’ll review your inquiry and discuss how dispatch coordination works with independent factoring providers.