What we do
Freight Factoring

For owner operators, and fleets of all sizes

Flexent Basics

Real Time


Fuel Card






What is

Freight factoring (also referred to as invoice factoring, or accounts receivable factoring) is a form of financing designed for truckers.

Factoring is when you sell unpaid invoices to a factoring company. The factoring company pays you same day for your invoices, then waits for your customer to pay them back.

Why should YOU factor?

Get Paid Faster

Rather than waiting 30 or 45 days, cut out the wait and get paid the day you deliver.

Payment Collections

Remove the headache of collecting payments and focus on growing your business.

Flexible Growth

Getting paid early means you may be able to take on opportunities, and grow more quickly and sustainably.

How does

Signing up with Flexent Freight Funding is quick and easy, and once your account is set up, the factoring process is even more simple.

Complete Delivery

Work with brokers (or direct haul) and deliver your load as usual.

Upload Paperwork

Take a picture or upload your paperwork through our mobile app.

Get Paid Same Day

Don’t wait 30 or 45 days. Get paid in hours…or minutes!

How do you
get paid?

Fast. Flexible. To your bank account.

How do you
get paid?

Fast. Flexible. To your bank account.

Many Payment Options

Flexent Real Time Payments moves money fast

Real Time Payments

Real time payments are faster than Same Day ACH and wire transfers. Once your load is approved, you can get paid directly into your bank account in minutes.

Flexent multi service fuel card
Flexent multi service fuel card

Flexent Fuel Cards

Take advantage of fuel discounts across the country and get paid fast with Flexent’s fuel card partnerships.

Get started
Free Quote

Cut out the wait.
Get paid in hours.

Why Flexent?

Every trucker plays a part in keeping our country moving. At Flexent, we recognize that, and work to help you succeed. We’re more than a factoring company. We’re a partner.

Bank Owned

Being bank owned means we are held to higher standards compared to our competitors. That means more security for you.

Mobile Accessibility

Submit your paperwork, check broker credit, and access your fuel card anywhere, anytime.

Personal Service

You can always pick up the phone and speak to a person during our operating hours.

What our carriers say

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As a newcomer to the industry, I had questions, and they had answers and referrals. When I think of [Flexent], words like Honesty, Integrity, and Professionalism come to mind. To be honest, I think you would be hard pressed to find this level of service from any other factoring company!
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The team at [Flexent Freight Funding] are incredible! I’m so thankful I use them for factoring my loads… Seriously, an awesome group of people, who just want you to succeed.
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If you truly want an honest factoring company , then Carter and [Flexent Freight Funding] are the ones you should be doing business with! No hidden fees, quick response time if you have questions! Excellent service!
Read More
We are new business owners and just started using factoring services. [Flexent] took their time and answered any questions that we had and helped us feel really comfortable moving forward. I highly recommend.

Get your Free Factoring Quote Today


Ask us anything

What is freight factoring?

Freight factoring (also known as accounts receivable factoring or invoice factoring) is the process of selling your unpaid invoices to a factoring company. The factoring company then pays you immediately and waits for your customer to pay. Freight factoring is helpful because it shortens the time you have to wait for payment. This immediate cash allows you to focus on growing your business rather than on tracking down payments.

Freight factoring is not a loan.

A loan is borrowing money, but factoring is selling an asset. The asset that the factoring company purchases from you is accounts receivable (that is, the money that your customers owe you). The factoring company gives you money today in exchange for the money you would receive in 30 days.

No, you may not work with more than one factoring company.

Due to the legal structure of a factoring agreement, and how factoring companies secure receivables, you are not able to have more than one factoring company at any given time.

No. You have the freedom to decide which loads to factor.

Although Flexent Freight Funding gives you the freedom to pick and choose which loads to factor, we do ask that you direct all payments to us. Any payments for unfactored loads will be returned to you. Directing all payments to a single location prevents confusion among your customers and ensures that all factored loads are paid off.

No. We only offer recourse factoring.

Recourse factoring means that we purchase your invoices for an allotted period (generally 45 days). If your customer fails to pay within that period, we will return the invoices to you. Think of it like returning a faulty product. The longer a customer takes to pay, the more difficult it will be for us to collect payment, so we reserve the right to return unpaid invoices after the allotted time period. This form of factoring is often cheaper than the alternative.

Non-recourse factoring means that the factor purchases the invoices permanently, and cannot return them, even if your customer does not pay. In this form of factoring, the factor takes on more risk, and so often charges more for the service.