How Freight Factories Help CDL drivers. Freight factoring companies (often called freight “factories” by drivers) help CDL drivers by fixing one of the biggest headaches in trucking: cash flow. Here’s how they actually help in real life.
Get Paid Fast (No More 30–90 Day Waits)
Instead of waiting weeks or months for brokers or shippers to pay:
- You get same-day or next-day payment
- Usually 90–97% of the load value upfront
- The factoring company collects from the broker for you
Fuel Advances & Fuel Cards Help CDL drivers
Most factoring companies offer:
- Fuel advances before delivery
- Fuel cards with discounts per gallon
Credit Checks on Brokers
Before you haul a load, factoring companies:
- Check if the broker has a good payment history
- Warn you about slow-pay or risky brokers
Back-Office Help (Paperwork Relief)
They often handle:
- Invoice creation
- Billing and collections
- Payment follow-ups
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