Factoring

A financing arrangement where a carrier sells freight invoices or receives payment advances before the customer pays.

Why It Matters

Factoring affects cash flow, payment timing and who is responsible for repayment or account funding.

How It Shows Up

• Factoring may appear in account funding screens, ACH authorization, settlement notes or application requirements.
• It affects whether fuel access depends on available balance, credit approval or payment timing.
• Cutoff times and weekends can matter as much as the headline card features.

Example

A driver may have a card in hand, but factoring can still determine whether the next purchase authorizes before a weekend load.

Common Mix-Up

Payment access is not the same as a fuel discount. A convenient funding method can still have fees or limited savings.

What to Check

• Ask how factoring is funded, repaid or deducted from settlement.
• Confirm fees, cutoff times, declined-payment rules and weekend availability.
• Separate payment access from fuel savings; they are not the same claim.

Questions to Ask

• How does factoring work after hours and on weekends?
• What fees, failed-payment rules or holds can apply?
• When do funds or credit availability update after payment?