Running both trucks and a brokerage? Then you already know your business isn’t like most.
Between invoicing shippers, paying carriers, and juggling two sets of cash flow cycles, you need more than a standard factoring partner.
But most factoring companies were built for carriers—not both. That means dual-authority companies often get stuck with workarounds, delays, and reps who don’t really understand how their operation works.
The right factoring company should simplify your workflow, give you control over when and how you factor, and offer guidance that actually makes your job easier.
Is your factoring provider the right fit? Use our scorecard to see if it's time for a change.
Why dual-authority freight companies need a factoring partner
If you're running a dual authority, asset-based brokerage, or any operation with both MC and DOT authority—you’re balancing a complex set of financial responsibilities.
You’re paying your drivers or leased-on carriers. You’re invoicing shippers for brokered loads. You’re covering fuel, insurance, maintenance, payroll—and you’re probably doing all of it while waiting 30, 45, or even 60 days to get paid.
That’s where factoring comes in.
The best factoring company for dual authority freight companies give you fast access to cash and back-office tools to stay lean. With the right partner, you can:
- Pay carriers and drivers on time
- Avoid relying on business or personal credit
- Balance cash flow between asset and brokered revenue
- Focus on growth—not collections
But to really be effective, your factoring company needs to understand the dual nature of your business. They need to support your brokerage and your fleet in one place—with tools, terms, and service that make life easier for both sides of your operation.
7 questions to ask (and why they are important)
1. Do you work with dual-authority companies like mine?
Most factoring companies are built for carriers, not brokerages—and definitely not both. If they don’t already serve asset-based brokerages, you may end up with disconnected systems, manual workarounds, or support teams that don’t understand your full operation.
Denim’s approach:
Denim works with dual-authority freight companies every day. We’re set up to support both sides of your business with one dedicated point of contact. That means better visibility across your entire business—and less time spent explaining how your model works.
2. Can I choose which loads or invoices to factor?
Some providers require you to factor every load or meet minimum volume requirements on both sides of your business. That limits your flexibility and can result in unnecessary fees.
Denim’s approach:
We offer selective factoring, so you choose which loads to factor and when. For example: one dual-authority customer chose to factor primarily on the fleet side to cover fuel and driver costs, while limiting factoring on the brokerage side where customers paid faster. This flexibility allowed them to optimize cash flow without overpaying in fees.
3. Do you integrate with my TMS or carrier onboarding tools?
Disconnected tools slow you down, especially when you’re managing carrier paperwork and customer invoicing in parallel. Manual uploads, rekeying data, and chasing documents create unnecessary back-office strain.
Denim’s approach:
Denim integrates with over 20 TMS platforms and carrier management tools like MyCarrierPortal and Highway. For dual-authority operations, this means both sides of your business flow through the same system, without double entry or added admin work.
4. Will I have a single, dedicated point of contact?
If your factoring company routes your fleet questions to one team and brokerage issues to another, you lose time and context—especially when your cash flow and collections are connected across both.
Denim’s approach:
Every Denim customer gets a dedicated account manager who understands both sides of the business. You’ll never be bounced between departments. Your rep will know how your brokerage and fleet operations work together—and how to support them as one.
5. How fast do you provide credit decisions on shippers?
Waiting on shipper credit can delay onboarding and limit your ability to grow—especially if your brokerage is ready to cover a load, but your fleet is waiting on payment security.
Denim’s approach:
We turn around credit decisions within 1-2 business days—often faster. That speed helps dual-authority companies move quickly on new shipper opportunities without exposing the fleet side to unnecessary payment risk. See how one dual authority client received same day credit checks enabling him to move faster.
6. Do you handle carrier payments?
Some factoring companies advance funds to the broker, but require you to manage all carrier payments separately. That’s risky—especially if you’re short on admin bandwidth or your carrier base overlaps with your fleet network.
Denim’s approach:
Denim pays your carriers directly, based on the payment terms you set. You can enable QuickPay or Express Factoring, giving carriers the flexibility to choose how fast they get paid—without creating extra work for your team. You also have the option to charge a fee for early payments, turning it into a new revenue stream.
7. What support do you provide beyond funding?
Factoring isn’t just about improving cash flow—it’s also about making your business more efficient. For dual-authority companies, that means reducing administrative overhead, automating accounts receivable, and getting better visibility across both brokered and asset-based revenue. Without the right tools, teams can quickly get buried in paperwork, manual processes, and disconnected systems.
Denim’s approach:
Denim provides a full suite of back-office tools to support dual-authority freight companies. Features like a shared document inbox with audit capabilities, early invoicing triggered by POD delivery, and real-time AR reporting help your team work faster and more accurately—without increasing headcount. You get a clear view of your cash flow across both sides of the business, plus the automation to stay ahead as you scale.
There's a better way
Denim’s automated solutions streamline your back-office operations. Explore our solutions to see how Denim can help your business scale efficiently.
The best factoring companies for dual-authority trucking companies don’t just help you get paid faster—they help you run a more efficient, connected business.
When your brokerage and fleet operations are closely linked, you need a partner that understands both sides, offers flexibility across invoice types, and provides tools that reduce back-office work—not add to it.
Denim was built to support businesses like yours: complex, fast-moving, and looking for smarter ways to grow.
Want to see how Denim supports asset-based brokerages and dual-authority freight companies? Let’s talk.
