The cutoff is 11 AM CST
Loads submitted by 11 AM CST, Monday through Friday, are paid the same day. Loads submitted after 11 AM are paid the next business day.
How freight factoring works
Three steps, one business day.
Factoring turns an unpaid freight invoice into cash now. Here is exactly what happens, what we need from you, and when the money moves.
The process
Haul it, send it, get paid.
- 01Monday, 9:40 AM
Haul the load
Book it wherever you book freight. You choose which customers you factor, customer by customer. Nothing obligates you to send us all of them.
- 02Monday, 10:15 AM
Send the paperwork
Upload all the paperwork for the load to the Smart Freight Portal: usually the rate confirmation, scale tickets and bill of lading.
- 03Monday afternoon
Get paid the same day
Loads submitted by 11 AM CST, Monday through Friday, are paid the same day. Loads submitted after 11 AM are paid the next business day. The money lands in your bank by ACH.
What to send
Everything for the load.
Send all the paperwork related to the load. What that includes depends on the customer; these are the most common. Upload it all to the Smart Freight Portal.
- 01
Rate confirmation
The agreement with the broker or shipper, showing the load and the agreed rate.
- 02
Scale tickets
The weights, on any load that is weighed or paid by weight.
- 03
Bill of lading
Signed at delivery. It is the proof the load moved.
The details
The parts other companies bury.
The money arrives by ACH
Straight into your business bank account. There is no ACH fee, and no charge for a same-day wire on the loads we fund.
We do the invoicing
We invoice your customer, track the payment, and handle the collection calls. You do not send the invoice and you do not chase it.
No originals to mail
We do not require original documents. Copies uploaded to the Smart Freight Portal are the whole submission.
What about the rate?
Our standard rate is answered in the FAQ. There is no contract, no monthly minimum, no ACH fee, and no charge for invoicing on top of it, so the rate is the whole cost.
See our rate in the FAQReady when you are.
Fill out the application, sign it, send it back, and you can start factoring as soon as it is approved, usually within 24 to 48 hours.