Freight factoring sounds complicated, but it’s actually pretty simple. As a trucking owner/operator or fleet owner, you may like to speed up payment on your outstanding invoices. Factoring pays you an advance on your invoicing – typically advance up to 95% of the invoice value – so you don’t have to wait. The held back amount reserve is returned to you, minus the small factoring fee, when your customer pays the invoice. This easy process instantly boosts your cash flow, allowing you to purchase fuel, pay insurance, make payroll and more.