The factoring broker for trucking
Find the right factoring company for your trucking business.
HaulFund is a factoring broker. We compare options from participating factoring providers so carriers don't have to shop every factor themselves — then you choose the provider whose rate, advance and terms fit how you actually run.
One set of details
Tell us about your operation once instead of filling out application after application.
Participating providers
See what participating providers can offer side by side, in plain language.
You decide
The provider you pick sets final terms and makes the approval and funding decision.
Compare Factoring Options for Your Fleet
Four quick details. No obligation.
Free tool
Got a factoring proposal? Upload it and see every term in plain language.
Upload a page image or paste the text. We pull out the rate, advance, contract length, monthly minimums, termination fees, funding fees and UCC language — side by side, so nothing hides in the fine print. Commercial term extraction, not legal advice.
- Rate and advance, stated clearly
- Contract length and notice period
- Monthly minimums and hidden fees
- Termination costs and UCC language
No account needed. Remove your name or MC number before uploading if you prefer.
What you get back
- Factoring rate
- Stated in the document
- Advance rate
- Stated in the document
- Contract length
- Stated in the document
- Monthly minimum
- Flagged if missing
- Termination fee
- Flagged if missing
- UCC / NOA language
- Flagged if missing
How it works
Four steps to compare your factoring options.
- 01
Tell us about your operation
Five fields from your phone: MC number, truck count, lanes and roughly what you invoice a month. Takes about two minutes.
- 02
We match you with providers
We shop your profile to participating factoring providers that work with carriers like yours, and pull back the options they can offer.
- 03
Compare rates and terms
See advance rates, fees, contract terms and funding timelines side by side. No obligation to move forward with any provider.
- 04
You pick, they fund
Choose the provider that fits. They handle approval, funding and collections — we stay in your corner if anything needs sorting.
Why HaulFund
One search. Compare available factoring options.
Shopping factors one at a time is slow, and pricing usually shows up after you've already applied. We work with participating factoring providers to help identify options that may fit your transportation business, and lay them out plainly. HaulFund does not represent every factoring provider in the market.
Same-day options
Same-day funding options may be available through select participating providers, depending on cut-off times and approval.
Rates compared upfront
See rate and fee structures from participating providers side by side before you commit to anyone.
Flexible contract options
Month-to-month and flexible term options may be available from participating providers. We flag the fine print either way.
A broker who answers
A team that knows your file and can explain each option from the participating providers on your shortlist in plain language.
Built for a phone
Send your details from the cab. Comparing options shouldn't take a desktop and an afternoon.
Fuel advance options
Some participating providers offer fuel advances at pickup. Availability, amounts and fees vary by provider.
Free factoring calculator
Estimate your payout before you leave the dock.
Move the sliders to your typical run — a Long Beach drayage turn, a Salinas, CA to New Move the sliders to your typical run — a Long Beach drayage turn, a Salinas, CA to New York reefer load, a Stockton-to-Reno pull. Figures are illustrative estimates based on the values you choose, not a quote. No email required, no sales call to see the number.
Estimated initial cash
$2,188
- Invoice amount
- $2,500
- Gross advance (90% of invoice)
- $2,250
- Estimated factoring fee (deducted from the advance)
- -$63
- Reserve held until the customer pays
- $250
- Estimated total proceeds after reserve release
- $2,438
Calculator results are estimates for educational purposes only and are not an offer of factoring terms. Actual rates, fees, advances, reserves, timing and other terms vary by provider and are subject to provider approval and agreement terms.
Transportation factoring
Turn delivered loads into cash — and let a pro team chase the shipper.
Freight invoices normally sit 30, 60, even 90 days before a broker or shipper pays, while fuel, insurance, repairs and driver pay are due this week. Invoice factoring closes that gap: you deliver the load, send the paperwork to your provider, and they advance most of the invoice. Instead of you making collection calls, the provider's credit and collections team handles the shipper, verifies the load and follows the invoice to payment. HaulFund's job is to help you find the provider whose rates, advance and service model actually fit your operation.
Cash sooner instead of in 60 days
Advance rates vary by provider and are commonly a high percentage of the invoice, so fuel, tolls, repairs and payroll can be covered without a line of credit or a new loan on your books. Actual advances, fees and eligibility are set by the provider and subject to approval.
Grow without waiting on payment
Steady cash flow lets you take the next load, add a truck or a driver, and negotiate fuel and repair discounts because you can pay up front.
A professional team collects for you
Provider collections specialists know how shippers and brokers pay. They verify loads, submit clean paperwork, chase late payers politely and keep your customer relationship intact.
Credit checks before you haul
Most participating providers run free credit checks on brokers and shippers so you avoid slow payers, and non-recourse options may be available if a customer goes under.
Less paperwork, no debt
Options with no monthly minimums and flexible, month-to-month terms may be available. Factoring is not a loan — you're getting paid early on work you already did.
Rates
What factoring typically costs through participating providers.
These are example ranges seen across participating providers — not HaulFund's own pricing. Your actual terms come from the provider you choose and depend on eligibility and approval.
| Factoring rateRates are set by each participating provider and depend on debtor credit, invoice size, volume and structure | Varies |
|---|---|
| Advance rateAdvance amounts vary by provider, broker credit and load type | Varies |
| Setup feeProviders with no setup or application fee may be available | Varies |
| Monthly minimumOptions with no monthly minimums may be available | Varies |
| ACH / wire feeSome providers include ACH; wire fees differ by provider | Varies |
| Termination feeOptions with no termination fee may be available | Varies |
What a typical load looks like
Illustrative example: a $2,000 dry van load at an illustrative 2.5% rate and 90% advance. Advance rates and rates vary by provider.
- Invoice amount
- $2,000.00
- Gross advance (90% of invoice)
- $1,800.00
- Estimated factoring fee (2.5%)
- -$50.00
- Estimated initial cash (advance minus fee)
- $1,750.00
- Reserve held, released when the broker pays
- $200.00
- Estimated total proceeds
- $1,950.00
Illustrative example for educational purposes only, not an offer of factoring terms. Actual rates, fees, advances, reserves and timing vary by provider and are subject to provider approval and agreement terms.
HaulFund original diagrams
See how factoring actually works before you sign anything.
Six diagrams we drew ourselves — the invoice flow, the broker model, switching, UCC releases, notices of assignment and recourse. No stock photos, no jargon.
How freight factoring works, end to end
The path an invoice takes from a signed BOL to cash in your account, and where the reserve fits.
You haul the load
Delivery completed, BOL signed by the receiver.
Invoice the shipper or broker
Invoice plus BOL goes to the factoring company instead of your own AR pile.
Factor verifies the load
The factor confirms delivery and the customer's credit before funding.
Advance is funded to you
A percentage of the invoice is wired or sent by ACH; the rest is held in reserve.
Customer pays the factor
On payment, the reserve is released to you minus the agreed factoring fee.
Diagrams are general illustrations of common industry practice. HaulFund is a factoring broker, not a factoring company or a law firm — your provider's contract governs, and legal questions belong with an attorney.
FAQ
Straight answers on how factoring works.
Keep reading
Advantages and disadvantages
Where factoring helps a carrier, and where it does not.
Upload a factoring proposal
Free term extraction: rate, advance, term, minimums, exit fees.
Why use a factoring broker?
What a broker does, how we're paid, and who makes the final decision.
Compare factoring companies
Eight criteria that separate providers, plus the questions to ask.
Freight factoring rates
How pricing is built and how to compute a true all-in cost.
Switching factoring companies
Notice periods, buyouts and UCC releases, in order.
Takes 2 minutes. Five fields.
Tell us your MC number and how much you invoice a month, and we'll work to identify available factoring options based on your business profile and participating provider availability.
HaulFund is a factoring broker and is not a direct lender or factoring provider. HaulFund connects businesses with independent third-party factoring providers. HaulFund does not make final credit, underwriting, approval, or funding decisions. Rates, fees, advance amounts, funding times, contract terms, and eligibility vary by provider and are subject to provider approval.