Life on the road isn’t easy. Truckers keep America’s supply chain moving, but behind the wheel, they’re also small business owners dealing with constant financial and operational pressures. How to find loads that make sense, rising costs, long waits for payment, and unpredictable freight markets are just a few of the challenges that keep drivers awake at night.
At Cashway Funding, we understand these struggles. That’s why our factoring programs, fuel card discounts for truckers, and dedicated support are built to take the stress off drivers and help trucking businesses thrive. In this article, we’ll explore the 10 biggest pain points truckers face today—and how Cashway helps solve them by providing so much more than just freight bill factoring.
1. Rising Fuel Costs
The Pain: Fuel is the largest expense for most truckers, and prices change daily and vary wildly. A jump of just a few cents per gallon can wipe out the profit on a load. Independent drivers especially feel the pressure when every fill-up eats away at their bottom line.
How Cashway Helps: With the Cashway PowerCard from AtoB, truckers get fuel discounts averaging 45 cents a gallon and up to $2.00 per gallon at major truck stops and is accepted at 99% of stations nationwide. Those savings add up fast and help drivers stretch every dollar, keeping more money in their pockets where it belongs. Want a fuel card but not a Cashway Funding client? No problem, apply for one here.
2. Long Wait Times for Payment
The Pain: Brokers and shippers often take 30, 60, or even 90 days to pay invoices. For a trucker, that’s too long to wait when bills, fuel, and repairs are due right now. Cash flow gaps are one of the biggest threats to trucking businesses. Never wait to get paid.
How Cashway Helps: With Cashway’s factoring program, drivers get same-day funding for their loads on paperwork submitted before 3PM EST. Plus we prepare and submit your invoices for you. No more paperwork hassles or waiting weeks to get paid. That fast turnaround ensures you always have the cash to cover expenses and keep rolling.
3. Broker and Shipper Reliability
The Pain: Every trucker has the same worry before hauling a load: Will I actually get paid? Some brokers are slow-payers or outright disappear. Chasing down collections wastes time and energy that drivers don’t have.
How Cashway Helps: Cashway provides real-time credit checks on brokers and shippers, so drivers know upfront if a load is worth the risk. If a broker goes out of business, our non-recourse factoring options provide no credit risk factoring and protect truckers from eating the loss.
4. High Operating Expenses
The Pain: Insurance premiums, permits, maintenance, and compliance costs keep rising every year. With thin margins in trucking, one major repair or unexpected cost can sink a business.
How Cashway Helps: By unlocking immediate cash flow, Cashway ensures truckers can cover operating expenses without stress. Instead of waiting months for invoice payments, drivers get their money now—ready to use for repairs, payroll, or growth. Also beyond the fuel savings it delivers, the Cashway PowerCard offers up to 35% discounts on non-fuel purchases like repairs, tires, and truck washes. Plus because it runs on the VISA network, you can use it anywhere where VISA is accepted, for anything you want.
5. Driver Shortages and Retention
The Pain: For fleet owners, finding and keeping reliable drivers is a constant challenge. Turnover costs money and slows growth, while unhappy drivers can leave for competitors.
How Cashway Helps: With steady cash flow, fleets can pay drivers on time, offer incentives, and keep payroll consistent, reducing turnover headaches. A business with reliable funding can focus on growth instead of scrambling to cover paychecks. You can also issue Powercards to your driver and specify what they can use it for, including paying them. Just another way to make life just that little bit easier for you.
6. Complex Regulations
The Pain: Hours-of-service limits, electronic logging devices (ELDs), safety checks, and compliance paperwork create extra stress for truckers. It feels like there’s less time to actually drive and earn.
How Cashway Helps: Cashway’s back-office support includes invoice processing, collections, and reporting. By outsourcing paperwork and collections to us, drivers free up time to focus on running their business instead of pushing paperwork.
7. Load Availability and Rate Pressure
The Pain: Freight markets are unpredictable. Some weeks, loads are plentiful and rates are high; other weeks, truckers struggle to find decent-paying freight. That volatility makes planning nearly impossible.
How Cashway Helps: Cashway’s unique relationship with Trinity Logistics connects carriers to more freight opportunities. Combined with fast funding, truckers can choose better-paying loads and keep rolling without worrying about whether money will come in. The factoring rates on Trinity loads hauled are even lower too! Another exclusive perk of the Cashway/ Trinity collaboration for trucking companies to take advantage of.
8. Downtime and Deadhead Miles
The Pain: Empty miles—driving without a load—cost fuel and time but generate no revenue. Long waits at docks or between loads also eat into profits.
How Cashway Helps: With better access to cash and credit tools, truckers can be more selective with loads, reducing deadhead miles and wasted time. Plus, with Trinity’s load network, drivers can line up return trips more efficiently and cost effectively.
9. Lack of Transparency from Partners
The Pain: Truckers hate surprises, especially financial ones. Some factoring companies advertise low rates but bury drivers in hidden fees: minimum volume charges, wire fees, same-day fees, or per-invoice charges.
How Cashway Helps: At Cashway, what you see is what you get. We offer upfront, transparent pricing with no hidden fees. Truckers deserve clarity about costs, so we make sure every client understands their agreement before signing. All our standard programs don’t have a contract term to.
10. Work-Life Balance Challenges
The Pain: Trucking is tough on families. Long hours on the road, unpredictable cash flow, and financial stress keep drivers away from home both physically and mentally.How Cashway Helps: By smoothing out cash flow, reducing financial headaches, and saving drivers money at the pump, Cashway helps truckers focus more on the road and less on money worries. That means less stress and more time for what matters.
Conclusion
Running a trucking business isn’t easy, but you don’t have to do it alone. Cashway Funding understands the challenges truckers face—and we’ve built our factoring programs, Cashway PowerCard that provides fuel savings and other benefits, all delivered with great service from people who care around solving those exact problems.
👉 Ready to take the stress out of running your trucking business? Learn how Cashway can keep your wheels turning with fast funding, fuel savings, and real support. Find out more here
