Distribute carrier payments using your own funds while still getting all of the benefits of the Denim dashboard
Denim Wallet is a carrier payments solution for freight brokers and shippers who want to distribute payments using their own funds. It works seamlessly with our Business Analytics Dashboard, TMS integrations, and QuickBooks integration.
What You Get with Denim Wallet
Seamlessly schedule carrier payments and deposit funds into your Wallet after set up
Access to lower cost than traditional factoring
Capital to pay carriers including, 2 Day ACH and QuickPay
Access to funds in as little as one business day
Coming Soon!
Automatic withdrawal of funds based on your carrier payment schedules
Expanded banking partner support
Instant carrier payments
After completing Denim's underwriting process, partners can set up their Wallet in less than 3 days.
More About Denim Wallet
With Denim Wallet, clients can now distribute carrier payments using their own capital instead of relying solely on factoring using Denim.
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You might be wondering what exactly Denim Wallet is? Denim Wallet is a carrier payment solution for freight brokers and shippers who want to distribute payments using their funds. It works seamlessly with your existing Denim services, and clients have the same access to TMS API integrations and QuickBooks API integrations.
When we designed Denim Wallet, we kept in mind what is most important to freight brokers. With this tool, you're now able to access lower than average factoring costs, now paying dollars per job rather than having to pay a total percentage of the payment. We know that brokers need an easy platform to quickly pay carriers, plus the added features to integrate our tools with your current TMS. Denim Wallet helps you manage your financial operations and grow your carrier relationships by issuing same-day ACH payment transfers.
Wondering how Demin Wallet works? It's easy! After going through Denim's underwriting process, brokers can set up their Wallet. The Wallet setup takes up to three business days and, in some instances, will require incorporation documents to verify business ownership. After getting set up, brokers are able to schedule carrier payments and initiate a deposit of funds to their Wallet. Even more exciting is that funds deposited into Denim can show up as soon as the next business day, and carrier payments are disbursed on the same business day.
Denim continues to create future capabilities and services to provide to our customers. Brokers can look forward to automatic withdrawals of funds to Denim Wallet based on carrier payment services, expanded banking support, and instant carrier payments — all coming soon.
Contact us to learn more and get detailed pricing.