Get Ready to Boost Your Cash Flow With Denim's Freight Factoring Services
Are you a freight broker looking to improve cash flow and streamline operations? Denim offers tailored freight factoring services designed to meet your brokerage's unique needs, providing fast, flexible, and reliable financial solutions.
Why Choose Denim for Freight Factoring?
- Save Money: The most flexible freight factoring in the industry, choose which loads to factor at a rate you control.
- Save Time: Decrease job processing time by 75% with back-office automation and integrations.
- Trusted Partner: Our expert team processes over $1 million in invoices daily from hundreds of brokers and fleets.
Hundreds of freight leaders can’t be wrong
See how businesses like yours are experiencing the Denim difference.
Avoided hiring 2 full-time employees
"With Denim's technology and their proactive management of manual processes, we've saved on hiring 1-2 full-time employees—a number that will only increase as we grow. The factoring fees go further than just a 'funding expense.' They're an investment covering auditing our paperwork from the start, handling customer collections, and managing payment processes."
Reduced invoice time by 91% without adding staff
“We still have the same number of staff, but now we have time to talk to our carriers and build better relationships. Before, we spent so much time on tasks that kept us running but didn’t help us grow.”
18% reduction in costs
“Based on our factoring expenses from last year, using Denim will lead to an 18% reduction in costs."
Cut down accounting activities by 50%
“If I was working with another company, I’d probably be on the phone for 10 or 15 minutes waiting on hold. With Denim, I can email my account manager or jump on the website and do a quick instant message chat."
Invoice in 12 minutes, not 2+ hours
“An invoicing process that took 2.5 hours now only takes 12 minutes with Denim.”
Improve Cash Flow
Get paid fast and cover vehicle expenses
Strengthen Relationships
Free carrier QuickPay and reliable payments
Streamlined Operations
Automated invoicing and collections
Scalability
Onboard new customers with financial confidence
TMS Integration
Factor jobs from inside your TMS portal
Analytics and Reporting
View your financial health on a single dashboard
Denim Benefits:
Trusted Partner in your Growth
- Stress-Free Factoring: Our team of experts invoices and collects with the utmost professionalism.
- Analytics and Reporting: Plan confidently with a 360 degree view of your financial health.
- Reliable Carrier Payments: Retain the best drivers by choosing when and how they are paid.
Save Money with Flexible Financial Solutions
- Time-Based Discounts: Control your rate by delaying advances or with faster paying customers.
- Free QuickPay: Charge your carriers a fee and keep 100% of the profits.
- Selective Factoring: Chose to factor all your loads or only some, the choice is yours.
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Save Time with Back-Office Tools
- Automation Tools: Streamline operations to handle high load volumes without additional staff.
- TMS and QuickBooks Integrations: Save hours on double data entry with integrated tech stack.
- Document Management: Collect, merge, and separate documents in a single inbox.
How quickly can I get funded?
We offer 24-48 hr funding. If you upload an invoice on our dashboard by 12:00pm EST the payment is guaranteed the following business day.
What is the difference between recourse and non-recourse factoring?
- With recourse factoring, the trucking fleet remains responsible for unpaid invoices if customers don’t pay. Non-recourse factoring transfers the risk of non-payment to the factoring company but it can come with a significant increase in expenses, fees, and restrictions on your business and clients (check out our list of alternatives to non-recourse factoring).
- At Denim, we offer recourse factoring because it’s the best way to serve our clients and allows us to offer lower fees, a flexible time-to-pay, and quick processing. When paired with other risk mitigation strategies, recourse factoring is often less expensive and has fewer restrictions on your business than non-recourse factoring.
Can I choose which invoices I want to factor?
We don't require any factoring minimums and you can choose which invoices you want to factor.
Schedule a Demo Today!
