How Trucking Companies Get Paid | Freight Factoring (LIVE) walk-through

Hey truckers in this video I walk you through the process of how I get paid in my trucking business. I use a common service known as freight factoring, essentially it’s a company that buys your invoices at a discount. You pay them a small percentage of your rate and they in turn pay you same day or next day. So rather waiting 30-40 days for your customers to pay you for a load you hauled today many just get a factoring company to get paid for that load immediately. It helps trucking companies maintain cash flow as well as have all the money flowing in through one place rather tracking payments and juggling dozens of brokers at once. If you want to use my factoring company just shoot me an email and I will put you in touch. Stay profitable and healthy!

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