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Get high-quality freight factoring for trucking companies and truckers in the USA and Canada. Through our partners, Towerfleet provides dependable freight factoring services designed to help trucking companies and owner-operators maintain healthy cash flow. Instead of waiting weeks for broker payments, you can receive funds quickly and keep your business moving without financial stress. Our factoring solutions are simple, transparent, and built specifically for truckers operating across the USA and Canada.
Get startedThrough our trusted factoring partner, Towerfleet provides customized factoring services to match the demands of each transportation client. We simplify operations for trucking companies and professionals through efficient load management, timely delivery, and optimized routing. Our industry expertise and innovative technology allow us to respond to market changes while maintaining strong connections with carriers, shippers, and brokers. From fleet management to freight factoring services, our solutions help you succeed.
Our unwavering commitment to excellence is reflected in our personalized support to each client. We believe transparent communication and proactive assistance are the cornerstones of successful partnerships. That’s why our team offers 24/7 client support, addressing challenges quickly and ensuring seamless operations at every stage of the process. Whether you’re an owner-operator seeking dependable assistance or a fleet manager striving for growth in the US or Canada, we’re dedicated to driving your success with unmatched reliability, innovation, and professionalism.
Get startedWe close your transportation bill in 1 business day. So you don’t need to wait a payment from the shipper.
We offer 24/7 support and personal assistance to resolve any issues during driving.
Our services allow you to focus only on driving, without worrying about payments and paperwork.
Once you’ve delivered your freight, the Towerfleet factoring service ensures you get paid quickly. Send us your paperwork, and in just 1 business day, we’ll transfer the payment directly to you. No need to wait 30-60 days for brokers to pay — we handle that part for you.
Focus on your job — getting the load safely to the receiver.
Send your paperwork directly to us for quick processing.
Receive your payment within 1 business day — no waiting around.
We take care of the broker’s payment, so you can keep moving.
Complete load management from booking to delivery
Dispatch service pricing is customized based on the selected service package. Rates generally range from 8% to 12% of gross revenue, depending on the scope of services.
Get StartedFast payments, client support, document management, fuel cards, and more.
We offer tailored solutions designed to fit your business, with rates typically starting at just 3%.
Get StartedFull-service support for seamless operations.
Our pricing is customized based on your fleet size, shipping frequency, and unique needs. Reach out today for a personalized quote and see how we can optimize your logistics.
Get Started
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In the trucking business, delays in receiving payments can make it difficult to meet day-to-day operational demands. Towerfleet offers a reliable factoring service that helps trucking companies get paid faster, typically within 24 hours of submitting their freight bills. This immediate cash flow is a game-changer for owner-operators and fleets, ensuring they have the financial stability to cover critical expenses like fuel, repairs, and wages without waiting 30–60 days for customer payments. This service lets you focus on business growth rather than worrying about cash flow gaps. Towerfleet streamlines factoring. Simply submit your bills to obtain much of the invoice value upfront. You focus on great service while we manage the rest, including client payment follow-up. With factoring fees as low as 3% of transportation costs, our straightforward pricing model lets you know what to expect. Our U.S. and Canadian operations ensure constant cash flow wherever you operate. You may prosper as a freight factoring company in a competitive market with Towerfleet.
The right freight company can significantly impact your financial health and business growth. Towerfleet stands out by offering services beyond simply advancing payments. Our team’s 15+ years of brokerage and logistics experience ensures we understand the unique challenges of the trucking industry.
Transparency is at the core of our service. With a straightforward 3% factoring fee, you’ll never encounter hidden costs or surprises. Moreover, we provide fuel cards with significant savings, allowing you to reinvest in your business.
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Making smart financial decisions is vital for trucking companies striving to stay competitive and grow. Towerfleet offers tailored transport solutions that address the unique needs of the trucking industry.
Towerfleet offers more than factoring; we provide tools and resources to support your success. Our online platform makes it easy to submit invoices, monitor payment status, and manage your account from any location.
Making smart financial decisions is vital for trucking companies striving to stay competitive and grow. Towerfleet offers tailored transport solutions that address the unique needs of the trucking industry.
Whether you’re an owner-operator or running a large fleet, our flexible solutions are designed to grow with your business. Partnering with a proven trucking factoring service ensures consistent support and success.
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Making smart financial decisions is vital for trucking companies striving to stay competitive and grow. Towerfleet offers tailored transport solutions that address the unique needs of the trucking industry.
With our services, you no longer have to worry about cash flow interruptions or long payment delays. Our team helps you stay focused on driving while your payments and documents are handled smoothly.
Truck factoring is when a trucking business sells its unpaid freight bills for cash. Without waiting 30–60 days for customer payments, truck factoring gives fast funding for gasoline, repairs, and payroll.
Freight factoring suits owner-operators, small trucking companies, and large fleets that want to ensure a steady cash flow. It benefits businesses of all sizes that face delays in receiving customer payments, helping them avoid cash flow gaps. This service is particularly helpful for newer companies or those with limited financial reserves, enabling them to cover operational expenses promptly and focus on expanding their operations.
With Towerfleet, you’ll receive payment within one business day, eliminating the need to wait 30–60 days for customer payments. Once you submit your freight bills, we process them quickly and advance most of the invoice amount. This allows trucking companies to cover critical expenses like fuel and wages without delay, ensuring operations continue smoothly. Our fast turnaround makes us a trusted choice for factoring in the trucking industry.
Yes, factoring for truckers is especially profitable for small companies with limited cash flow. It provides immediate funds to cover expenses, allowing smaller trucking businesses to operate smoothly without waiting weeks for customer payments. By receiving cash upfront, companies can take on more loads, invest in growth, and reduce downtime. For businesses with low turnovers, factoring is a practical solution to maintain financial stability and improve profitability.