Stop waiting 30-60 days for payment. Offer a small discount (0.5-2%) to get paid in 7 days instead. Keep 98-99.5% of your revenue vs 95-98% with factoring, while dramatically improving cash flow.
Compare your options for fast payment
Factoring companies charge 2-5% of your invoice to advance payment. On $50K monthly revenue, you lose $1,000-2,500 every month - plus setup fees and long-term contracts.
You choose your discount rate (0.5-2%) to offer shippers for 7-day payment. Keep 98-99.5% of revenue. No contracts, no setup fees, no monthly minimums.
Shippers see your discount rate when selecting carriers. Competitive rates (1-1.5%) make you more attractive vs carriers demanding full payment in 30-60 days.
Set your discount rate based on your cash flow needs. Adjust it anytime. Offer different rates for different shippers. Complete flexibility.
Simple, transparent, and you control the terms
Choose your discount rate (0.5-2%) for 7-day payment. Example: On a $2,000 load with 1.5% discount, you get $1,970 in 7 days instead of $2,000 in 45 days. Adjust your rate anytime.
When booking loads, shippers see carrier discount rates and can factor this into their carrier selection. Competitive rates (1-1.5%) make you more attractive than carriers with standard 30-60 day terms.
Deliver the load, submit POD through our app. Payment (invoice amount minus your discount) arrives in your account within 7 days. Predictable, fast, with more money than factoring.
See how FreightPay transforms your carrier operation
Keep more of your revenue. Factoring charges 2-5%, you offer only 0.5-2% for 7-day payment. Save 1-4% on every load.
Your discount rate becomes a competitive advantage. Shippers can see carrier discounts during selection. Offering 1-1.5% makes you more attractive than carriers with standard terms.
Know exactly when you'll get paid. 7 days after delivery, every time. No more chasing invoices or wondering when payment will arrive. Reliable cash flow you can plan around.
You set the terms. Choose your discount rate, change it anytime, set different rates for different shippers. No contracts, no commitments, no monthly fees.
Calculate your savings with a competitive discount rate
See how carriers are growing with FreightPay
Challenge: 5-truck fleet paying 3% factoring fees on $100K monthly revenue. Cash flow issues prevented growth and led to occasional late driver payments.
Solution: Switched primary lane contracts to FreightPay-enabled shippers. Set competitive 1.5% discount rate to win more loads while saving vs factoring.
Results:
You choose a discount rate (0.5-2%) to offer shippers for 7-day payment. Example: $2,000 load with 1.5% discount = you get $1,970 in 7 days. Much better than 3% factoring fees.
7 days after delivery confirmation and POD approval. Predictable, reliable payment you can count on every time.
No credit check required. As long as you have valid authority and insurance, you qualify. Your discount rate doesn't depend on credit.
Yes, anytime. Set different rates for different shippers or lanes. Adjust instantly in your dashboard based on your cash flow needs.
Yes. Shippers can see carrier discount rates when selecting carriers. Competitive rates (1-1.5%) make you more attractive and help you win more loads.
Absolutely. Use FreightPay for participating shippers, continue factoring others. No exclusivity required, no contracts.
Sign up in minutes, set your discount rate, and start getting paid in 7 days on your next load.