Free tool
Freight factoring calculator
See what an invoice actually nets you after the advance rate, the factoring rate and the per-funding fee. No signup, no email, nothing saved.
See What Factoring Terms May Be Available
Tell us about your fleet so we can help identify options from participating providers.
Short answer
To calculate freight factoring cost: multiply the invoice by the factoring rate to get the fee, multiply the invoice by the advance rate to get the amount funded up front, then subtract the fee and any per-funding charge to see net cash today. The remaining reserve is released after your customer pays.
Your numbers
Results
- Gross advance
- $2,375.00
- Factoring fee
- $75.00
- Per-funding fee
- $15.00
- Estimated net cash today
- $2,285.00
- Reserve held until the customer pays
- $125.00
- Estimated total proceeds after reserve release
- $2,410.00
- Effective cost of this invoice
- 3.60%
- Estimated monthly cost
- $1,800.00
Arithmetic only, based on the values you enter. This is an educational estimate, not a quote or an offer of factoring terms. Reserve is released after the customer pays, less any fees the provider deducts at that point. Actual rates, advances, fees, reserves and timing are set by each independent provider and are subject to that provider's approval.
Key takeaways
- Rate alone does not decide cost — per-funding fees matter most on small invoices.
- A higher advance rate increases cash today but does not change the fee.
- Reserve is your money, held until the customer pays.
- Run a full month of invoices, not one, to compare providers honestly.
- Terms vary by provider and are subject to their approval.
How to use the result
Put a real load in the calculator — the kind you run most weeks, not your biggest invoice of the year. Then change only the per-funding fee and watch the effective percentage move. For carriers running many small invoices, that single line item often outweighs a quarter point of rate. Providers structure this differently, which is exactly why comparing proposals side by side is worth the hour it takes.
Frequently asked questions
- How do you calculate a factoring fee?
- Multiply the invoice amount by the factoring rate. A $2,500 invoice at 3% carries a $75 fee, before any per-funding or wire charges.
- What is the difference between the advance and the net cash today?
- The advance is the percentage of the invoice funded up front. Net cash today is that advance minus the fee and any per-funding charge, depending on whether the provider deducts fees at funding or at reserve release.
- Does the calculator reflect a real quote?
- No. It is an arithmetic tool using the numbers you enter. Actual rates, advances, fees and terms are set by each independent factoring provider and are subject to their approval.
Keep reading
How factoring works, step by step
What happens between delivery and funding.
How factoring rates work
Flat, tiered and what drives your number.
Hidden factoring fees
The line items outside the headline rate.
Compare factoring companies
A structured evaluation checklist.
Trucking factoring guide
Start here if factoring is new to you.
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.