Recourse Program

When you submit your freight bills for payment in our recourse program, we pay you all your money up front with no reserve or holdback account to manage. Our factoring fee percentages vary based on the length of time you want to allow the customer to pay, and more. Our program is completely customizable to meet your needs. Any necessary chargebacks are taken from future funding; we make you aware of them before they happen and give you the opportunity to resolve them with your customer. With FactorLoads, you are in the driver’s seat when it comes to managing your money. All fees are clearly spelled out up front and easy to understand. We call this Transparent Factoring Services. We can work with you on a case-by-case basis to help determine whether this is the right option for you.

Non-Recourse Program

Non-recourse literally means the factor doesn't have recourse against you if they aren't paid for your load. Under non recourse the factor is accepting the risk of non payment.

This program is best for small trucking companies for two reasons:

1. It doesn't make sense to take all the risk to save a few percent if the savings are minimal.

2. Small trucking companies generally don't have the capital to sustain an invoice going bad. Most small trucking companies and owner operators are dependent on being paid for every load they deliver, or they could go out of business.