Pricing explained
What freight factoring actually costs — and how to read a quote.
Factoring pricing has four moving parts: the rate, how that rate is structured, the advance and reserve, and the fee stack around it. Get all four and you can compare any two quotes honestly.
See What Factoring Terms May Be Available
Tell us about your fleet so we can help identify options from participating providers.
Short answer
A factoring quote is not one number. Ask for the rate, whether it is flat per invoice or tiered by days outstanding, the advance percentage and when the reserve is released, and a written list of every additional fee. Then compute the all-in cost on an invoice that pays the way your debtors actually pay — not the way the sales sheet assumes.
The four parts of a factoring quote
| Component | What it means | How it moves your cost |
|---|---|---|
| Factoring rate | A percentage of the invoice face value kept by the provider. | The headline number, and often the smallest source of difference between quotes. |
| Rate structure | Flat per invoice, or tiered in steps as the invoice ages. | Tiered pricing can multiply the effective rate on debtors that pay at 60 days. |
| Advance and reserve | The percentage paid now; the balance held until the debtor pays. | A slow reserve release affects working capital even when the rate looks good. |
| Fee stack | Application, ACH, wire, same-day, upload, monthly service, credit check, minimums. | On small invoices, per-transaction fees can outweigh the rate entirely. |
What drives the rate you are offered
- Credit quality of the brokers and shippers who owe the invoices — this is the main driver, not your personal credit.
- Average invoice size and monthly volume.
- How fast your debtors historically pay.
- Recourse or non-recourse structure.
- Fleet size and how long the authority has been active.
- Whether you factor all invoices or select loads.
Compute an all-in cost, not a rate
Take a representative invoice — the size you actually run, paying on the timeline your debtors actually pay — and add the rate, every per-transaction fee, and any monthly or shortfall charge divided across your typical invoice count. That figure is comparable across providers. A headline rate is not.
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.
Where HaulFund fits
HaulFund does not set factoring rates. We collect your operating details once and bring back what participating providers can offer, then help you translate each quote into a comparable all-in cost. Final rates, advances, fees and eligibility are determined by the provider you select and are subject to that provider's approval.
Keep reading
How factoring works, step by step
Delivered load to funded invoice, in plain language.
Factoring vs broker quick pay
Which one costs a carrier less, and when to use each.
Compare factoring companies
The full criteria checklist beyond pricing.
Switching factoring companies
What it takes to leave a provider whose pricing has drifted.
Why use a factoring broker?
How the model works and how HaulFund is paid.
California trucking factoring
Drayage, reefer and coast-to-coast lane considerations.
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.