Stress-Free Factoring for Freight Brokers
The best freight factoring partner to help you simplify, streamline, and win more business
Maximize Cash Flow and Streamline Back-Office Operations
Get access to the capital you need, when you need it. Denim’s intuitive platform enables you to easily manage your financing options, monetize your working capital, and automate your back-office operations.
Feature highlights include:
- Load-by-load factoring
- Flexible factoring rate
- Document collection & audit
- Free credit checks
- TMS and QuickBooks integrations
- Customizable roles and permissions
Flexible Factoring in Your Control
On any factored job where you would like to factor at least a portion of the job, pick and choose the payment(s) you want to factor. For example, factor your carrier’s payment while forgoing your own advance.
For each payment that you factor, choose a payment date from the next 30 possible funding days. The further out the date, the lower your rate to factor.
Denim calculates your fees in real-time so you can understand your costs to factor.
0.5%
10%
1
30
Full Price Factoring Fees
(at base rate)
Total Fee After Delay Discount
Factoring Reimagined with Denim
Save time and reduce manual errors by automatically sending load data from your TMS to Denim.
Eliminate delays and improve accuracy with carrier document uploads into the Denim portal, where documents are instantly matched to the corresponding load.
Reduce financial risk by automatically generating and sending invoices to shippers as soon as they are ready while simultaneously submitting loads for factoring approval by Denim.
Strengthen carrier relationships with real-time payment status tracking.
Stress less over collections with automated invoicing and aging invoicing management.
Yeti Logistics Slashes Factoring Expenses by 18%
Yeti Logistics needed a factoring solution that was easy to use and provided flexibility to continue scaling their business. With Denim, Yeti has integrated their technology stack to improve operational efficiency significantly:
Through Denim's flexible factoring, Yeti Logistics saves nearly $20,000 annually on factoring fees.
Denim & EKA's integration reduced time spent on redundant data entry by 75%.
Denim's intuitive dashboard only took 25 minutes to master.
