Get Paid Faster
Factor Freight
Deliver
The Freight
Send
The Paperwork
Get Paid
The Same Day
Are you waiting for your payment from your customer for 30-60 days? We help you collect right after delivery so you can use the cash for your trucking business needs? Factoring freight invoices puts your money in your hands, rather than you struggling while your customer uses your money for the month.
Account setup is easy. Invoice Freight Factoring is the financial tool that helps your trucking business grow or overcome any setbacks. Use factoring for 90 days, or for years. Transportation Factoring is a valuable financial safety net and a great step to move your business forward.
Reduce Expenses
Whether you’re a new owner operator, growing your fleet, or running a freight brokerage, controlling expenses gives you a competitive edge. Take advantage of the great savings through Steelhead Factoring.
Discounts
- 2-Months Free Load Board Access to Truck It Smart.
- Fuel Card Programs – Includes EFS Fuel Card & Fleet Fuel Card Funding, Credit Options and Discounts up to 50 cents per gallon at the pump!
- FTS Plus – This program provides deep discounts on repairs, tires, new trucks, load boards, hotels, office supplies, cell phones, software, and more.
- Document Shipping to Steelhead with a FedEx Discount of over 40% or discounts on TripPak Document Shipping to Steelhead.
- Discounts on Authority Setup and Assistance
Save Time
Your time can be spent on other critical aspects of running your business when you utilize these services in addition to truck factoring services to simplify your operation.
- Transchecks: Drivers need cash for tolls, repairs, and incidentals on the road, and you need to track that cash and get it to them. Funding Transchecks through Steelhead will help you track that cash for the road.
- Receivables Tracking and Collection Services
- Credit Check Service: On the Phone, or Online
- Preferred Broker List: You’ll always be able to factor when working for someone on the Preferred Broker List. Our Credit Department updates this list daily to reflect brokers with great payment histories.
- Bond Filing Services: Get help getting paid from delinquent brokers. Get our experienced staff writing those claim letters, filling out those forms, and calling to track progress on your bond payments.
For Freight Brokers
- Broker Quick Pay Program: Pay your carriers fast and you’ll get that freight scheduled quicker. The Quick Pay Program is a fast and easy way to have a competitive edge in booking loads.
- Broker Bond Assistance
Freight News & Topics
- A Lucky Escape
- ELD – Big Brother or Big Helper?
The Federal Motor Carrier Safety Administration (FMCSA), part of the Department of Transportation, several years ago enacted regulations impacting the number of hours professional truck drivers are allowed to drive without resting. Rest and sleep…
- June’s Roadcheck Enforcement Breakdown
CVSA’s 2017 International Roadcheck Enforcement Event will take place over three days in June; 6/6 to 6/8. This year’s event will place special emphasis on cargo safety.
- When You’re in a Hurry
When you absolutely have to make sure you make the delivery on time…
- How to Increase Your Owner Operator Pay During Produce Season
Spring season is just around the corner and owner operator truck drivers across the country know this is the peak season for produce shipping. The ripple-effect of the season affects almost every sector in the industry, even those not directly related to produce shipping.
Factoring Info Library
- How to Choose a Dispatch Service
Do I need a dispatch service? Doing your own dispatching is very tedious and beyond stressful. Thankfully there are skilled professionals that have dispatch services to help you stay on the road without the headache….
- 5 Ways to Get Paid Faster in 2017
Whether you’re looking to incorporate invoice factoring to the equation or make adjustments in your terms, it is important to carefully analyze your business model for optimal success when starting a trucking company or looking for growth opportunities.
- Trucking Fuel Saving Tips
Trucking fuel prices may not be the eye-popping prices they once were in previous years but fleet owners and owner-operators are always looking for the best ways to save when it comes to the fuel…
- Advantages of Fuel Advances
Fuel Advances can be a useful tool for the trucking company that may be getting started or gaining rapid growth. You certainly don’t want to pick up a load only to find yourself digging under…
- Top 5 Reasons to Factor with Confidence
Factoring can be a very positive, quality financial tool. Business owners don’t hide the fact they obtained a business loan. So why feel the need to be secretive about increasing your own cash flow by…