Freight factoring for trucking
Never wait
to get paid again
Enjoy same-day business funding for your trucking company, when & where you want it.
EASY-TO-USE
Intelligent cash flow solutions
for trucking
Quick-pay for your freight invoices is now available at the click of a button. All with no hassles, no crazy fees and nothing to pay back.
SAME-DAY PAY
Upload, email or fax your delivery paperwork to Cashway whenever you need funding for your business.
We send funds to you the same day.
friendly service
Our friendly, experienced & professional managers are happy to clear away any obstacles that get in the way of your business cash flow.
Great rates
Create a factoring account for free.
Get a great low factoring rate, with no obligation, no credit check and no minimum volume requirement.
Amazing flexibility and a better factoring service experience
A Cashway factoring account makes it easy to turn your unpaid freight invoices into instant working capital for your trucking business. Eligible businesses can create a full-service factoring account with no credit check, no obligation and no long-term contract.
Free Load Boards
Free load boards are an excellent source to find more customers and freight.
Use our list of free load boards to eliminate deadhead miles & boost profits.
MORE FUNDING OPTIONS
Get your money when & where you need it, securely, quickly & easily.
Choose from ACH Deposit, Wire Transfer, Comdata Fuel Cards, RTP Network® & more.
BIG FUEL DISCOUNTS
A first-class service experience and huge fuel discounts is just the beginning.
The Cashway TCS Fuel Card makes fuel card management easy through every mile.
EMERGENCY FUEL ADVANCE
Be prepared for the unexpected.
Join the Cashway Fuel Advance Program and collect 50% of funding as soon as you pick up an approved load.
bank-grade security
Your transaction & account data is kept confidential and secure.
We do not share or use your information for any purpose other than freight bill factoring.
leading edge technology
Unlimited access to the Cashway web portal is included with every factoring account.
Upload invoices, check broker credit, review custom reports & more.
Common Questions
Factoring invoices is a simple, low-risk way to ensure that your business has stable and predictable cash flow at all times.
Instead of having to wait for customers to pay, factoring puts money in your pocket immediately with no strings attached and nothing to pay back.
Cashway accounts include billing & collections support, discount fuel cards, free credit checks, online reporting and more. With Cashway you get access to all the premium features you want from a factoring company at an affordable & competitive price.
Factoring with Cashway is both convenient and affordable. We offer factoring plans and programs for every size and type of trucking company.
Rates as low as 1.95% are available every day with no obligation, no credit check and no monthly minimum requirement.
YES! Trucking businesses of all types and sizes are eligible to create Cashway accounts for free.
Cashway is designed exclusively for transportation businesses. That means we can be much more flexible and accommodating than other factoring companies or lenders.
Today! Same-day funding is always available for no additional charge.
We accept freight bills by email, fax, web upload or by in-person drop off to our offices.
Freight bills received by 3pm Atlanta, GA time will be processed and funded the same day by ACH direct deposit, Wire Transfer, Comdata Fuel Card, Comchek or RTP Network® transfer.
You can create a free Cashway factoring account in minutes and we can begin funding on the same day your account is activated.
To create a factoring account, simply complete a Cashway Startup Kit and return it to us.
Click here to get a free Startup Kit by email with no obligation >>
When a freight broker, shipper or other customer has a demonstrable track record of making freight bill payments within normal business terms, we can approve their credit for factoring.
Cashway clients can search for credit status information for thousands of popular freight brokers, direct shippers, 3PL providers and more. Our secure credit check database is available to clients free of charge, 24 hours a day.
We will report the broker or shipper credit status to you as "Approved" or "Denied" for factoring. If a customer's status is listed as "Denied", Cashway will not factor the invoices for any loads that you haul for that customer until their factoring status changes to "Approved".
You can also check broker credit by phone, text, or email. We encourage factoring clients to check the credit status of brokers and shippers before booking loads with them. Credit status can change at any time for any reason.
Cashway will continuously track and monitor your customers' payment performance so you never have to worry. If there is a significant change in a customer's factoring credit status, we will automatically make immediate adjustments to protect your interests whenever possible.
Freight load boards can be a helpful source for finding new customers and better-paying freight for your trucking business. Cashway makes it easy to keep your trucks loaded with the best-paying TL and LTL freight, everywhere.
Cashway Funding clients can login and perform free radius searches for new customers. Tens of thousands of good-paying loads are generally available.
3pm Atlanta, GA time
Cashway clients are free to send in documents for funding 24 hours a day, 7 days a week. All documents received by 3pm eastern time, Monday-Friday are immediately processed for same-day funding.
We provide world class enterprise-grade technology with 99.99% uptime to ensure your documents are always safe and secure.
* Please note that Cashway may be forced to delay or adjust funding if your customer is unable/unwilling to co-operate with the billing process.
When you create your free factoring account you will receive a unique username and password for the Cashway Web Portal.
Anytime you login to the Cashway web portal you will be able to generate detailed reports that show transaction information for every invoice you factor with Cashway. Custom reports are available 24 hours a day, 7 days a week.
Upon request, we can also email you a convenient factoring schedule report every time you factor an invoice. There is no charge to Cashway clients for this service.
No. We do it for you!
To factor a load with Cashway and collect payment, you do not need to send us an invoice. Cashway account managers will create invoices for you and send them to your customers on your behalf.
If you still prefer to create your own invoices for your records it is OK to send them to us.
Typical documents we require for funding include a signed rate confirmation and proof of delivery for the load, plus any receipts for accessisorials like lumpers, permits, weigh scales etc.
Of course, many loads require different types of documents. Our factoring operations team is highly-trained and experienced at dealing with multiple freight types and billing scenarios. If your customers have unique document requirements we are happy to work out a custom billing solution for you at no additional charge.