Payment Options for Carriers

Choose the payment method that works best for your business. All options include our full dispatch services and dedicated support.

Standard Payment

Traditional payment from brokers

No Fee

30-40 days

Full invoice amount
No processing fees
Direct from broker/shipper
Carrier handles collections
Credit check may be required

Factoring

Fast payment through factoring companies

2-4% fee

24-48 hours

Invoice amount minus 2-4% fee
Quick payment (24-48 hours)
Works with multiple brokers
Factoring company handles collections
Credit check required
Requires NOA (Notice of Assignment)
Popular: OTR, RTS, Thunder Funding

Quick Pay

Expedited payment from broker

4-7% fee

48-96 hours

Invoice amount minus 4-7% fee
Faster than standard (2-4 days)
One-time use with specific broker
Carrier responsible for collections
May not require credit check
Requires voided check for setup

Common Questions

What is factoring?

Factoring is when a third-party company (factoring company) pays you quickly for your invoices, then collects payment from the broker. They charge a small fee (2-4%) for this service.

Which payment method is best?

Factoring is most popular because it provides quick payment (24-48 hours) with reasonable fees (2-4%) and handles collections for you. It's ideal for maintaining steady cash flow.

What documents do I need?

For factoring: MC Authority, W-9 form, COI (Certificate of Insurance), and NOA (Notice of Assignment). For Quick Pay: All of the above plus a voided check.

How does dispatch pricing work?

Our dispatch services are typically charged as a percentage of your gross revenue (commonly 5-10%) or a flat fee per load. Contact us for a custom quote based on your needs.