Invoice factoring to turn your net 30 invoices into overnight payments.
Maximize efficiency with automated freight bill audit, seamless document collection, and customized team roles & permissions.
QuickPay that you control. Pay factored or non-factored. No additional fee for factored jobs.
Use the capital you need. When you need it. All at a cost you control.
Simplify your workflow with a TMS Integration
The broker, carrier, or 3pl delivers the goods to the customer. After delivery, an invoice is issued to the customer, who typically has between 30-90 days to pay.
Instead of waiting for the customer to pay, the trucking company sells the invoice to a freight factoring company at a discount - that’s where we come in!
The freight factoring company (Denim) provides an immediate cash advance to the trucking company, usually around 90% of the invoice value. Allowing you to pay your contractors without floating the expense.
After the invoice has been collected by Denim, we’ll pay you the remaining balance from the invoice reserve, minus the factoring fee.