Funding your business growth should be fast and simple
Are you a a small fleet owner or an owner operator looking to drive up your growth?
Thousands of trucking companies count on us for their cash flow needs.
We make sure your funding needs are covered and help drive your growth
Contact us!
We pay your loads in less than 2 hours
Funding your business growth should be fast and simple
Are you a a small fleet owner or an owner operator looking to drive up your growth?
Thousands of trucking companies count on us for their cash flow needs.
We make sure your funding needs are covered and help drive your growth
Contact us!
We pay your loads in less than 2 hours
What is factoring?
Freight factoring is a financial solution where Factor Plus purchases your invoices for the transportation services performed and immediately advances the cash to you without having to wait 30-45 days to receive payments from your customers
¿Qué es Factoring?
What is factoring?
Freight factoring is a financial solution where Factor Plus purchases your invoices for the transportation services performed and immediately advances the cash to you without having to wait 30-45 days to receive payments from your customers
It’s simple. You deliver your loads, you send us the paperwork, we pay you the same day. By shortening your payment cycle from weeks down to hours, factoring your invoices makes running your trucking business a whole lot easier and less stressful. Plus with more cash on hand, you can pay for fuel, hire drivers, cover expenses, move more loads and do all the things you need to do to grow your business
We make things simple for you
Fast and Simple
It’s simple. You deliver your loads, you send us the paperwork, we pay you the same day. By shortening your payment cycle from weeks down to hours, factoring your invoices makes running your trucking business a whole lot easier and less stressful. Plus with more cash on hand, you can pay for fuel, hire drivers, cover expenses, move more loads and do all the things you need to do to grow your business
SIGN UP ON FACTOR
PLUS PORTAL
Easily register on our client portal
SUBMIT YOUR
PAPERWORK
Upload your load documents
GET FUNDED
Receive your funds in less than 6 hours
What do we do for you?
Our services
Factoring with or without recourse
By working with FactorPlus you will have the flexibility to choose your payment plan according to the needs of your business. Get up to 100% cash on your transport invoices with rates from 2%
Fuel card program
About 40% of your expenses is fuel. FactorPlus offers fuel cards with which you can enjoy savings, benefits and discounts without additional charges!
Read more
Advances for fuel
We advance up to 50% of your loads to cover fuel. Send your load confirmation and receive a gas advance in minutes!
Back office support
Our team of experts will take care of your collections, the credit check of your clients and the status of your account. Our staff is fully bilingual and trained to support you!
What do we do for you?
Our services
Factoring with or without recourse
By working with FactorPlus you will have the flexibility to choose your payment plan according to the needs of your business. Get up to 100% cash on your transport invoices with rates from 2%
Fuel card program
About 40% of your expenses is fuel. FactorPlus offers fuel cards with which you can enjoy savings, benefits and discounts without additional charges!
Advances for fuel
We advance up to 50% of your loads to cover fuel. Send your load confirmation and receive a gas advance in minutes!
Back office support
Our team of experts will take care of your collections, the credit check of your clients and the status of your account. Our staff is fully bilingual and trained to support you!
Why work with us?
Testimonials
Misney Cardona
Loads Transport Inc.
Factor Plus is a great factoring company. Very friendly, timely and professional staff. DO NOT hesitate to do business with them!
Nelson Sosa
NN Transport Corp
I left the previous Factoring, because the communication was very bad. Someone from the company called to say there was a problem with one or more uploads, they just uploaded them to the portal without reporting the problem, and when we found out later, they charged us back. That’s one of the many reasons we moved to Factor Plus – they constantly communicate any issues or needs via phone call, email, or even text.
Rafael Ortiz
ROO Interfreight LLC
We have been working with Factor Plus for almost three months and since then everything has been going smoothly, without extra commissions, financing on time and we receive all notifications on time.
Carlos Barragan
Road Runners Trans
I switched to Factor Plus because their benefits and rates are great. Older factoring had a lot of hidden fees and we had to pay extra to get funded the same day, plus if for some reason they wouldn’t finance a load they never called to let us know why.
Eduardo Campos
ECF Transport
As a carrier, they always make sure that payments are made on time. Your rate is very competitive and your service has been exceptional. We look forward to a long-lasting working relationship.
Ernestine Flores
CIA Transportation
We highly recommend working with Factor Plus for your factoring needs. Phone calls, emails and financing are answered immediately. Your support is great, thank you very much!
Jose Rodriguez
J&M Freightways
Big company. I have been working with them for 5 years. They are always there for me and my company. I highly recommend them. One of the best factoring companies out there.