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Transportation Factoring from 1%

Taking your existing invoices & turning them into cash.

Transportation Factoring Fees From 1%
Advance Rates Up to 98%

Comparing the top transportation factoring companies to grow your trucking business faster? We can help!

Request a no cost, no obligation transportation factoring quote and get answers in 24-48 hours or even faster. Once approved to factor, get your first funding in just a few days.

Our transportation factoring clients aren’t required to sign long term contracts and there are no monthly minimums, so you control when you factor. Plus, you’ll get free same day funding on invoices you factor with DB Squared.

Save even more time and money – transportation and trucking companies that factor with us also automatically qualify for free enrollment in our EFS fleet fuel cards and TruckersB2B programs. Find out more about our fuel cards for transportation companies here.

What Do Transportation Factoring Companies Do?

Transportation factoring companies like DB Squared expedite cash flow for organizations that invoice their customers for payment after performing services or delivering goods. They do this by giving the transportation company an immediate advance on the invoices they factor in exchange for a small fee. This fee is a small discount from the face value of an invoice, which is why this form of financing is also sometimes referred to as invoice discounting.

Factoring is an especially useful tool for organizations in transportation and trucking. The faster trucks can be put back on the road to take on new business, the faster the transportation company can grow. Any time a transportation business has to wait for previous customers to pay to take on future orders, invoice factoring could be the answer!

Invoice factoring expedites cash flow by unlocking working capital that is on the books – but is tied up in customer invoices. In addition, factoring can relieve a business of some (or even all) of it’s invoicing and receivables-related tasks. Transportation companies can focus on growing their organizations instead of chasing down customer payments.

Not sure if factoring would free up working capital for your business? Use our transportation invoice factoring calculator to find out how much working capital you could unlock – capital that you could use to grow your business faster.

Opportunity Cost Calculator

Use our invoice factoring calculator to determine whether factoring receivables could expedite cash flow in your business.

  • Your Current Total Accounts Receivable
    $1,000 $5,000,000+
    $0
  • Your Average Customer Invoice Amount
    $0 $250,000+
    $0
  • Advance Rate for Factored Invoices (Advances usually range from 85-98%)
    85% 98%
    0%
  • Factoring Fee (Factoring fee usually ranges from 1-5%)
    1% 5%
    0.50%

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  • Expedite working capital tied up in customer invoices, without waiting for customers to pay Working Capital Unlocked $0
  • Average Factoring Fee $0

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Transportation Factoring Calculator

Ready to apply or need more information about invoice factoring? We would be happy to answer your questions or provide you with a free, no-obligation quote for transportation factoring. Complete a quick quote request or contact us at 866-855-3640 to get the ball rolling.

Transportation Factoring with DB Squared

While many transportation factoring companies lock clients in to long-term contracts and monthly minimums, we want to earn your continued business and referrals, day in and day out. From customer service to terms and conditions, we try to do what is best for our clients, and this affects every aspect of how we do business.

As a transportation factoring client at DB Squared, you can expect:

  • Free same day funding on factored invoices
  • Competitive factoring rates and advances
  • Prompt, professional customer service
  • No hidden fees or penalties in factoring contracts
  • No long term contract requirements or monthly minimums
  • Free enrollment in EFS Fleet Fuel Card and TruckersB2B to enhance benefits of factoring even more

Plus, as a non-recourse transportation factoring company, we assume the credit risk when we factor an invoice, which reduces financial risk for you as our client. Factoring companies that factor transportation invoices with full recourse require clients to buy back invoices that go unpaid for any reason, or which are not paid within a given period of time.

Find out more about how non recourse factoring compares to factoring with recourse or contact us with your questions about non recourse factoring or transportation factoring in general.

Request a Free, No-Obligation Quote for Transportation Factoring

Speed up your trucking business’ cash flow by factoring invoices.

Transportation Factoring Explained in Three Steps

  1. Apply
  2. Get Your First Funding
  3. Speed Up Cash Flow

1. Apply

Apply online in just a few minutes with our 1-page factoring application or contact us at 866-855-3640 and we’ll do the work for you.

2. Get Your First Funding

We’ll provide you with a free proposal (no application, due diligence or other hidden fees) and once you accept, go from approval to your first funding in 3-5 days, or even faster.

3. Speed Up Cash Flow

Free same-day advances on factored invoices will expedite your cash flow and help ensure you have the money you need to grow your business more quickly.