CASHWAY FUNDING BLOG - Insight, Tools & Tips

Is freight factoring the right choice for your trucking business?

CASHWAY FUNDING BLOG - Insight, Tools & Tips

Is freight factoring the right choice for your trucking business?

Should I factor my accounts receivables?

Freight bill factoring continues to be a very popular financing option in the transportation industry. But is freight factoring the right choice for your trucking business? Invoice factoring is a common funding solution that helps business owners manage everyday cash flow challenges quickly and easily.  If you answer "yes" to any of the following questions, Cashway Funding can help.

Do your customers take longer than a few days to pay? 

If your customers take more than a few days to pay you for your freight bills, you are effectively financing their businesses for them for free. 

Do you have difficulty making payroll or paying vendors? 

Your drivers, employees and suppliers always come first. Having a flexible and dependable source of business funding like factoring helps you handle payroll and other obligations with ease.

Have you ever lost money because your customer would not pay you?

Virtually every trucking business has at least one horror story about a customer who does not pay. Factoring freight bills can insulate your business from much of the non-payment risk that is associated with many freight brokers, shippers and 3PL customers.

What would you do if you had more purchasing power?

Improving your cash flow can offer tremendous benefits to your business credit score, which can boost your purchasing power. If you believe that additional purchasing power can help you grow and expand your business more quickly, you should consider factoring your freight bills.

Do you have enough time to professionally manage your business accounts receivables?

Time is money. A good factoring company is fully staffed with highly-skilled account managers who will handle all of your billing and collections professionally. The money you save on administration is often greater than your factoring fees.

Do you want more control over your business cash flow? 

One useful aspect of freight bill factoring is that it can boost business cash flow virtually on-demand. If you like the idea of having business funding available at the click of a button, factoring is for you. 

Does your company need money to grow? 

Consider what your business could do with a cash infusion.  If your business model allows for quick & sustainable growth, factoring can help.

Do you find it difficult to collect from your customers? 

If you are an owner-operator or a small trucking business owner, your collection techniques might be hurting your business more than you realize. A good freight factoring company knows how to collect from your customers quickly and efficiently so you can focus on growing your business relationships instead of chasing down payments.

Are you concerned about tax or regulatory obligations?

Factoring invoices helps your business meet all types of financial and regulatory obligations more easily, becuase it gives you the flexibility to get funding exactly when you need it.  If your business is operating, you can gain access to the funding you need.

Has bank financing been difficult or expensive to obtain?

Cashway does not check your credit score when you create an account with us. When you factor freight invoices, the funds you receive are not a loan or a merchant cash advance. No debt is created and there is nothing to pay back. 

Factoring invoices with Cashway Funding can help

Trucking business owners love factoring invoices with Cashway Funding. We believe in personal service, a positive attitude and in taking an open-minded approach to transportation finance. If answered yes to any of the above questions and you are looking for a team that knows how to help eliminate the headaches that can get in the way of your success, Cashway is for you!



Full-service features are included

Every Cashway factoring account gives you premium access to same-day business funding, free back-end office support and industry-leading business intelligence, so you never have to worry about getting paid on time for the loads you haul.  


Not all factoring companies are the same!

Invoice factoring with Cashway Funding is a safe, effective and proven business financing tool that your trucking business can depend on over the long run.

Dedicated professionals

All Cashway staff work exclusively in the factoring business.  That means you are assured to receive specialized and dedicated freight factoring expertise every time you do business with us.  

If we can't factor your invoices, you don't pay. 

We are a direct funder

Cashway Funding is a direct funding source for your business.  We are not a finance broker, trucking company, bank, data mining company, freight agent or marketing affiliate.   

When you factor invoices with us, the funds you receive come directly from us and not from any other company or outside location.  Your funding transactions are private, secure and protected by law.

All transactions are processed and funded in-house by the very same  people you speak and conduct business with every day.  Our offices are open to the public and Cashway factoring clients are always welcome to vist us in person.

No conflict of interest

We guarantee service quality of the very highest standard.

Cashway Funding is 100% independent.  Factoring is our specialty and funding your business is our exclusive focus.  

We are not a freight broker or carrier, dispatch service, fuel card company or insurance agency. 

We will never solicit you to purchase additional services and we will not sell your information for marketing purposes.

🇺🇸 Made in the USA

We believe in helping local small businesses succeed all across America.

All Cashway Funding factoring accounts are professionally managed in-house at our Woodstock, GA headquarters by friendly factoring specialists that you know and trust.  You can always speak with a live, knowledgable person and you can depend on us  to listen to what you have to say.  

We sincerely appreciate every Cashway factoring client and it is our pleasure to deliver the results you expect and deserve from us, every single day. 

Discover the difference

Get paid when you want

Upload, fax or email your delivery paperwork to Cashway Funding and you can get paid for the loads you haul on the same day you deliver. Same-day business funding is available for trucking companies of any size, including new startups.

Funds available the same day

Use a wide variety of funding methods to receive funding & distribute money at the click of a button. Choose any combination of bank wire transfers, ACH direct deposit, fuel cards with big fuel discounts, RTP® Network transfers, and more.

Services that work for you

Premium-level invoice audits, verification & analysis, credit & risk management, billing & collection services are included to keep your trucking back office running just the way you want it. All with 24/7 secure access to our industry-leading online factoring web portal technology.

Hard-working experts who care

Every Cashway factoring account includes unlimited access to our experienced team of freight bill factoring experts. Our detail-oriented professionals care about your success and we know how to deliver the results you expect for your trucking business.

Take the next step toward a more profitable & successful trucking business

Create your Cashway account online and start factoring invoices today. Same-day funding is only a few clicks away.

Take the next step toward a more profitable & successful trucking business

Create your Cashway account online and start factoring invoices today.