In the trucking industry, reliable cash flow isn’t just helpful — it’s essential. Whether you’re waiting on a slow-paying broker or dealing with back-office headaches, delayed payments can stall operations entirely.

That’s where freight and broker factoring come in. By converting unpaid invoices into fast, same-day cash, factoring gives carriers and owner-operators the power to expand operations, pay expenses on time, and take on more loads without borrowing money or taking on debt.

Here are 10 powerful ways factoring can help your trucking company grow — with insights into how Transportation Management Group (TMG) can help you do it better and cheaper than the rest.

---

1. Instant Cash Flow for Your Trucking Business

Factoring allows you to access up to 98% of your invoice value within 24 hours — instead of waiting 30 to 60 days for brokers to pay. This ensures you can keep up with operational costs like fuel, payroll, tolls, maintenance, and insurance without the stress of cash gaps.

Benefits:

• Keeps trucks on the road without financial interruptions

• Enables better planning and expense forecasting

• Reduces reliance on savings or emergency funds

According to the Federal Motor Carrier Safety Administration (FMCSA), nearly half of trucking company failures are due to cash flow issues, not lack of business.

---

2. Focus on Hauling — We Handle Collections

With broker factoring, your factoring partner (like TMG) manages collections, so you don’t have to spend time calling brokers or tracking unpaid invoices.

Benefits:

• Saves hours each week on admin work

• Reduces frustration and improves broker relationships

• Ensures professional, consistent follow-up

---

3. Accept More Loads and Maximize Your Revenue

With faster access to your funds, you can afford fuel and pay drivers quickly — giving you the ability to accept more loads and maximize route efficiency.

Benefits:

• No more passing up profitable loads due to cash shortages

• Increases weekly gross revenue

• Keeps your drivers happy and paid

Industry research from the American Trucking Associations (ATA) shows that increased load acceptance is a key driver of profitability for small and mid-sized carriers.

---

4. Ditch the Credit Cards and Business Loans

Freight and broker factoring are not loans. You’re not borrowing — you’re simply accessing money you’ve already earned. This means no debt, no interest payments, and no credit score impact.

Benefits:

• Keeps your balance sheet clean

• Avoids the trap of high-interest credit card debt

• Easier to qualify for than traditional financing

---

5. Build a Consistent, Predictable Cash Flow

With factoring, you know when you’re getting paid — usually the same day you deliver and submit paperwork. That consistency allows you to manage your budget, payroll, and operations without guessing when money will arrive.

Benefits:

• Reduces financial stress

• Helps stabilize your business during slow seasons

• Supports better long-term growth strategies

---

6. Use Fuel Advances to Keep Trucks Moving

TMG offers optional fuel advances, giving you access to a portion of your payment before delivery. This is especially helpful for owner-operators or new carriers who are just getting established.

Benefits:

• Solves the “cash-before-load” problem

• Perfect for long hauls or high fuel regions

• No need to use personal funds or delay loads

---

7. Run Credit Checks on Brokers Before You Haul

We provide credit checks on brokers to protect you from slow-pay or no-pay situations. You’ll know who you’re working with before you accept a load.

Benefits:

• Reduces risk of unpaid invoices

• Helps you choose better-paying, more reliable brokers

• Increases trust and peace of mind

---

8. Offload Your Back-Office Burden

TMG can take over your invoice creation, submission, collections, and reporting. That means less time in the office and more time growing your fleet or driving.

Benefits:

• Operate like a large fleet without hiring staff

• Simplifies recordkeeping for taxes and audits

• Focus more time on revenue-generating work

Many logistics firms are now adopting streamlined accounting systems to reduce admin overhead. Transport Topics reports that automation and outsourcing are becoming standard even for small fleets.

---

9. Better Than Quick Pay Programs

Many brokers offer “quick pay” — but it often takes several days and includes higher fees. With TMG, you can get paid within 24 hours with lower factoring rates starting at just 0.65%.

Benefits:

• Get paid faster, more reliably

• Save money vs. high-fee quick pay programs

• More control over your cash flow

---

10. Scale Your Business on Your Terms

With money coming in faster, you can think bigger — expand your fleet, invest in new equipment, or take on new lanes with confidence.

Benefits:

• Grow without relying on outside investors or loans

• Maintain control and ownership

• Build a legacy business that lasts

---

Frequently Asked Questions (FAQ) About Broker Factoring

What is broker factoring?

Broker factoring is when a factoring company purchases your unpaid invoices from freight brokers and pays you upfront — typically within 24 hours. The factoring company then collects from the broker later, saving you time and giving you instant cash flow.

---

Is broker factoring a loan?

No. Factoring is not a loan. You’re not taking on debt — you’re simply selling your receivables for immediate access to the cash you’ve already earned.

---

How much does factoring cost?

Factoring rates vary, but TMG offers some of the lowest in the industry starting at 0.65%. There are no hidden fees, and you only pay when you get paid.

---

How quickly do I get paid with TMG?

In most cases, you’ll receive payment within 24 hours of submitting your paperwork. Some carriers even receive funds the same day.

---

Can new trucking companies use broker factoring?

Yes! Broker factoring is ideal for new carriers because it provides fast, reliable income and removes the risk of non-paying brokers. TMG works with many startups and carriers with new authority.

---

Conclusion: Take Control of Your Growth with TMG

Freight and broker factoring aren’t just about faster cash — they’re about building a stronger, more sustainable trucking business. Whether you’re an owner-operator or a growing fleet, the benefits of factoring with Transportation Management Group are clear: fast funding, low rates, and total support.

Rates starting at just 0.65%
No hidden fees
Same-day funding available
Full back-office support

---

Let’s keep your wheels — and your business — moving forward.
Call us or send us an email to get a free quote to see how TMG can help your business grow with confidence.