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A QP Trucking Solutions client truck running interstate on a factoring advance

Factoring · Programs 01

Transportation Factoring

Recourse, non-recourse and Pure Non-Recourse™ transportation factoring — funded in minutes after load verification, with no hidden fees.

Start my applicationCall 833-762-3464
Typical advance
Same day
Funding speed
~15 min

Quick answer

Transportation Factoring — in one paragraph

Transportation factoring is the sale of your freight invoices at a small discount so your trucking company gets paid in hours instead of waiting 30–45 days for brokers and shippers. QP Trucking Solutions bills and collects for you, advances cash in minutes after load verification, and never creates debt.

If you run a professional trucking business, you have experienced — or you will experience — a delay between completing the job and receiving funds from your customer. Standard payment terms in transportation are net 30 days, which means the majority of checks actually arrive between 33 and 45 days.

Whether you are a true owner-operator with your own authority or a small or large fleet, waiting to get paid causes financial stress. QP Trucking Solutions' transportation factoring services solve the need for steady cash flow for operational expenses, fuel bills, driver salaries, leases and insurance payments. Think of it as being able to accept a credit card from your customer.

What is transportation factoring?

Transportation factoring is the sale of accounts receivable at a discounted price. The benefit is that no debt is being established — you are simply turning a balance sheet asset into real cash. Whether you use our Recourse, Non-Recourse or Pure Non-Recourse™ program, we can get you paid in minutes after verification of the load.

We do all the billing and receiving for you, freeing your valuable time for revenue-generating activities. Any trucking company with creditworthy clients can qualify for QP's factoring program, because factoring is based on your customer's credit — not your own.

Why carriers choose QP factoring

Get cash immediately — typically in less than 24 hours, and often in about 15 minutes for QP Pay clients
Eliminate the overhead of processing, mailing and collecting invoices
Unlimited capital that scales with your sales — the only financing that grows with revenue
Poor personal credit is not a barrier: only your customers' credit history is reviewed
Total flexibility — factor only the invoices you choose
Ultimate peace of mind with our Pure Non-Recourse™ program

Recourse vs. non-recourse vs. Pure Non-Recourse™

Recourse factoring is the lowest-cost option. If a customer never pays, the invoice is charged back to you (bought back), so you carry the credit risk.

Standard non-recourse protects you against a customer's bankruptcy — but read the fine print elsewhere: most factoring companies only let an invoice age 60 or 90 days, so if bankruptcy is not declared inside that window you can still be charged back.

Pure Non-Recourse™ is our flagship program. Deliver a Pure load (no deductions or claims) and turn in Pure paperwork (acceptable to bill with) and you receive Pure Protection — you never have to worry about that load again, no matter when or whether the broker pays.

Get paid in 3 steps

1. Deliver your load — haul it exactly as your rate confirmation specifies
2. Send paperwork — snap a photo of the rate con and POD with our app, or email/fax them in
3. Get paid — funds are uploaded to your QP Card or sent by ACH, with the remainder of the invoice released once your customer pays

What you get

  • No long-term contract and no minimum volume you must meet
  • Simple terms and a flat fee structure with no hidden fees
  • Unlimited free credit checks on brokers before you book
  • Free broker credit checks, fuel card savings, and Quick Pay options
  • Dedicated account reps who know your name and your lanes
  • Setup usually completes in under 24 hours

Talk to a real person

Questions about transportation factoring? Our Louisville team answers in minutes, not days.

Call 833-762-3464Request a callback

Mon – Fri, 8:00 AM – 8:00 PM EST

How it works

Transportation Factoring: three steps, one team

No jargon, no runaround. Here is exactly what happens after you get started.

  1. 01

    Get set up in under 24 hours

    Send your authority, insurance certificate, W-9 and a customer list. Our team runs credit on your brokers and issues rate agreements the same day.

  2. 02

    Factor what you want

    Choose which invoices to sell. There are no minimums and no long-term contract, so you can factor one load or your entire month.

  3. 03

    Escalate anytime

    When you no longer need our help, we make the transition seamless. Until then, we're the team chasing your money so you can keep rolling.

Why carriers stay with QP

More than factoring: everything under one roof

Insurance, factoring, permits, dispatch support and equipment finance live in the same building — so one phone call moves three problems forward at once.

  • Flat, disclosed fees
  • No long-term contract
  • Same-day human support
  • Licensed & bonded
  • 1,000+ carriers served
  • Louisville, KY based

FAQ

Transportation Factoring questions, answered

The questions our Louisville team hears most from owner-operators and fleet owners.

QP uses flat, fully disclosed fees based on your monthly volume, the credit quality of your customers and the program you select. There are no application fees, no hidden charges and no minimum volume. Call 833-762-3464 for a same-day quote.

Once the load is verified and your paperwork is legible, funds are typically uploaded to your QP Card in about 15 minutes, or sent by ACH within one business day. The balance of the invoice is released as your customer pays.

No. Factoring is approved on the creditworthiness of your customers — the brokers and shippers who owe you money — not your personal credit score. New authorities and carriers with past credit challenges are routinely approved.

Yes. QP clients get unlimited credit checks on brokers and shippers. We tell you the credit limit and payment history before you commit your truck, so you never haul a load you cannot get funded.

Every QP Trucking Solutions client receives a personal QP Card — a Mastercard accepted anywhere, with access to the nation's largest fuel discount network. You can transfer funds to your bank, push money to sub-cards so drivers can buy fuel, and use bill pay from the same account.

No. QP has no minimums and no long-term contract. Factor one invoice or every invoice you write — you stay in control, and you can stop at any time without penalty.

Keep going

Pair it with these QP services

Most carriers combine two or three services to remove friction from their week.

Looking for the full picture? See every service and price

Transportation Factoring · next step

Ready to get transportation factoring handled today?

Send us your details and a QP specialist will call you back the same business day — or dial 833-762-3464 and skip the form entirely.

Start my applicationCall 833-762-3464
Sales833-762-3464Office / accounting502-398-6333Emailinfo@qpfactoring.com
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