Invoice Factoring for Trucking Companies

Get paid within 24 hours. No waiting for 30, 60, or 90-day payment terms. Keep your trucks on the road with reliable financing.

24-Hour Funding

Get cash the next business day after invoice submission

No Hidden Fees

Transparent pricing with clear terms and competitive rates

Dedicated Support

Personal account manager who knows your business

500+

Trucking Companies

$2B+

Factored Annually

24hr

Approval Time

30+

Years Experience

About Xlerate Financial

With over 30 years of combined trucking and factoring experience, we understand the challenges you face. Our team knows this industry inside and out, and we're committed to solutions that help your business grow.

Personal Portfolio Manager

Every client gets a dedicated account manager who knows your business. One point of contact for all your factoring needs, with exceptional service tailored to your requirements.

Efficient Operations

Our operations team handles funds, billing, and collections efficiently. We use advanced technology and best practices to ensure fast, smooth transactions so you can focus on running your trucks.

Technology drives the future of trucking. We invest in innovative solutions to eliminate errors and simplify your factoring process, helping you grow your business without the hassle.

What Our Clients Say

Hear from transportation companies who trust Xlerate Financial

"Xlerate Financial transformed our cash flow. We get paid within 24 hours, which allows us to take on bigger contracts and grow our fleet confidently."

Michael

Metro Transport Inc.

Frequently Asked Questions

Everything you need to know about freight factoring

A transportation factoring company is a specialized financial institution that provides freight factoring services to trucking companies and freight carriers in the transportation sector. The idea is to make sure the company/carrier is not waiting 30+ days to be paid after delivery.

Get pre-approved before accepting load (verify by app), gather your documents, submit the paperwork, and receive your payment within 24 hours!

Cost is dependent on the amount of invoices we collect on your behalf. Contact us today for a free quote.

Once approved and all documentation has been provided, you can start submitting invoices right away.

Still have questions?

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