For many trucking companies, invoice factoring is a vital way to maintain the steady cash flow needed to stay on the road. Fuel, insurance, maintenance, payroll, and dispatch costs don’t stop while carriers wait 30 to 60 days to get paid. That’s why freight factoring services are so essential to the transportation industry. But while factoring can help a business function, the process to get out of a factoring contract if you are not happy with the service you are receiving can be far more difficult than getting into one in the first place.

High termination fees, long contract terms, and restrictive clauses often keep carriers stuck with a factoring company that just isn’t working for them anymore.

At Cashway Funding, we speak with carriers every day who tell us they want to make a change but are stuck where they are. Either they’ve outgrown their current factoring arrangement, they’re frustrated with the lack of service or flexibility, paying high fees or not getting access to additional benefits such as fuel discounts, and they know there must be a better option for their business. Yet when they look closer at their contract, an early termination penalty stands in the way; one they simply can’t afford to pay out of pocket. That’s a difficult position to be in, especially for trucking businesses already managing tight margins and rising costs.

That’s why Cashway Funding created EasyExit, an initiative designed to help carriers transition out of their current factoring arrangement by covering all or at least a good part of the early termination penalty they are contractually obligated to pay and give them a realistic path forward when they’re ready to make the change.

What Is EasyExit by Cashway Funding?

EasyExit is Cashway Funding’s carrier-support program that helps trucking companies move away from their existing factoring company when they’re ready for a change, even if there’s a termination fee or penalty involved.

Depending on eligibility, Cashway may be able to:

• Cover part of the termination fee
• Cover the full termination fee
• Help coordinate the exit to avoid disruptions in funding

The goal is simple:
Help remove the financial barriers that prevent carriers from choosing the factoring solution that’s going to work best for them both today and in the future.

Why So Many Trucking Companies Feel Trapped by Their Factoring Company

Many carriers sign factoring agreements when they were first getting up and running, often before they fully understand the long-term implications. Some of the most common issues we hear are:

💸 High or Hidden Fees

• Factoring rates that increase over time
• Extra per invoice fees, or same-day funding
• Minimum invoice fees

⏳ Slow or Inconsistent Funding

• Delays in funding approved loads
• Cutoff times that are too early
• Holiday funding restrictions

🔒 Restrictive Contracts

• Long contract terms with automatic renewals
• High early termination penalties
• Minimum volume requirements that are hard to meet
• Non-recourse factoring not available

📞 Poor Communication & Support

• Difficulty reaching a real person
• Difficulty reaching a person that can actually help
• Inconsistent, slow or worse, non-existent communication when problems arise
• Lack of proactive updates on problem invoices

🔍 Lack of Transparency

• Unclear reserve balances or reserve releases that come with surprise deductions
• Confusing fee calculations
• Limited visibility into invoice status
• Random chargebacks

🧾 Invoice & Broker Issues

• Excessive invoice rejections for minor paperwork issues
• Slow verification with brokers
• Limited support resolving broker disputes

🚫 Limited Flexibility as the Business Grows

• Same terms regardless of performance or longevity
• Inability to adjust limits or rates as the carrier grows
• One-size-fits-all programs that don’t fit evolving needs

⛽ Missing Value-Added Benefits

• No fuel discounts or fuel card options
• Outdated or hard-to-use online portals
• Lack of technology to manage cash flow easily

😕 Feeling “Locked In”

• Penalties that make switching feel impossible
• Fear of disruption if they try to leave
• Lack of exit support or guidance

Even when service is a major issue, the cost of leaving a freight factoring company can create a barrier that prevents them from leaving entirely which keeps carriers stuck.

EasyExit exists to help break that cycle.

How EasyExit Works

Every EasyExit request starts with a quick review of your situation. Cashway Funding looks at:

• Your current factoring trucking contract
• What the early termination or minimum volume penalties are
• Your business size (how many trucks you run)
• Your average monthly volume 
• Your operational needs and growth goals

Because every situation is different, we review each EasyExit request individually to find the best path forward.

How We Evaluate the Right Path Forward

• We review whether we can cover some or all of the current factor’s termination fees.
• Help identify the best time to move forward.
• Support the buyout of outstanding invoices and loads to Cashway.
• Ensure there is minimal interruption to funding.

The focus is on making the move possible, practical, and viable.

Why Cashway Funding Helps Cover Factoring Termination Fees

Most freight bill factoring companies rely on long contracts and penalties to retain clients. Cashway Funding takes a different approach.

Cashway believes:

• Trucking companies deserve great service from people who care.
• Strong relationships are built on value and trust, not penalties.
• Carriers shouldn’t be forced to stay in contracts that no longer serve them.

EasyExit reflects Cashway’s confidence in being the best factoring for trucking companies, through transparent pricing, and carrier-first model from their best-in-class customer service.

Who EasyExit Is Designed For

EasyExit is ideal for:

• All trucking companies ready to scale and needing a long-term partner that’s going to meet their needs as they grow.
• Carriers frustrated with their current factoring company not delivering on their promises.
• Businesses comparing their options for factoring as they know they are not getting the best deal.
• Trucking companies seeking better service, speed, or flexibility.

In the unlikely event Cashway isn’t the right fit, they’ll let you know straight away. EasyExit isn’t about pulling carriers away — it’s about helping those already looking for a way out.

What EasyExit Is Not

To be clear, EasyExit is:

❌ Not an automatic waiver of all termination fees due to your current factoring company.

❌ Not an endorsement to break contracts irresponsibly.

❌ Not a short-term promotion or gimmick.

EasyExit is a structured transition program designed to support and protect both carriers and Cashway Funding.

The Bigger Picture: Freedom to Choose the Right Factoring Partner

As a trucking business grows, financial needs evolve. What worked last year may no longer work today.

By helping carriers overcome the impact of the termination fees, Cashway Funding gives trucking companies the ability to choose a funding partner based on choice, not because they have to.

Is EasyExit Right for Your Trucking Business?

If you’re currently factoring and you aren’t completely happy with who you are working with or have looked into getting out of your factoring contract, but stopped because of the termination fee, EasyExit may help.

There’s no obligation, let’s have a quick conversation to see if Cashway Funding and EasyExit are right for your situation.

Sometimes the challenge isn’t access to funding—it’s having the flexibility to move forward with a better solution for your business.

EasyExit by Cashway Funding was built to help carriers move forward.

Other Links:

Understanding you Factoring Agreement; Why it Matters

The Difference between Recourse and Non-Recourse Factoring

Why Human Connection Still Matters in a High-Tech Trucking World