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. 

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 Cashway Juice Prepaid Mastercard®.

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.  

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.

Free load boards

Cashway web portal

Cashway Funding clients can login and perform free radius searches for new customers. Tens of thousands of good-paying loads are generally available.

Cashway offers same-day funding when you factor your freight bills without the original bill of lading.

When you upload your rate confirmation(s) & proof of delivery to the Cashway web portal our friendly account managers begin to process your paperwork immediately. 

You do not have to wait.  Funds are released the same day and if original documents are required by your customer you can send them to us within 5 business days at your convenience.

*Restrictions may apply.  See Cashway Startup Kit for details.

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.

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 Signed Rate Confirmations, Signed Proof of Delivery (i.e. Bills of Lading), plus any receipts you may have for accessorial charges like lumpers, permits, 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.

Cashway offers the easiest way to send funds to your drivers and other parties.  When you send us freight bills for funding, you can split up the funds across multiple sources.

You can receive funding by traditional bank check, Comchek, Comdata Fuel Card, Cashway Juice Prepaid Mastercard, bank ACH Deposit, Wire Transfer and more.

Cashway clients who enroll in our Emergency Advance Program are eligible to collect up to 50% of their payment immediately after pickup.  

Please contact our Operations Team for details. 

Due to financial and legal requirements, you will need to close your account with your current factoring company before you begin factoring with Cashway Funding.

More about switching factoring companies

In many situations, Cashway can work with your current factoring company to transfer your factoring account from their service to ours. This process is commonly known as a “buyout” or "payoff" of your factoring account.

If you are currently stuck in a factoring contract and wish to change factoring companies, call us for a free consultation with one of our factoring buyout specialists.