YOUR REVENUE
Gross revenue before any deductions
Most O/Os run 46-50 weeks
Each invoiced load typically = 1 processing fee
WHAT THEY QUOTED YOU
The number they told you upfront (usually 2.5-4%)
THE FEES THEY DON'T MENTION
Usually 2-5% held from each invoice
$15-35 per transfer is typical
$2-5 per invoice is common
$0-500/month (enter 0 if none)
$150-300 one-time setup
All calculations happen on your device
// YOUR REAL FACTORING COST
Here's what you're actually paying
TOTAL ANNUAL COST
$0
That's $0/week or $0/load
QUOTED RATE
3%
ACTUAL RATE
0%
// FEE BREAKDOWN
💰 WHAT $0 COULD BUY INSTEAD
// CHEAPER ALTERNATIVES
🚀 Quick-Pay Brokers
Many brokers offer 2-3 day payment at 0-2%. Way cheaper than factoring. Ask every broker their quick-pay policy.
📱 Load Board Fast Pay
Convoy, Uber Freight, and similar apps often pay within 2 days with zero fees. Rate might be slightly lower, but you keep 100%.
💳 Business Credit Card
0% intro APR cards give you 12-18 months of free float. Use for fuel/expenses while waiting for payment.
🏦 Build a Cash Reserve
Save 2-3 months of operating expenses. That $0/year you'd save? In 2 years = emergency fund that eliminates factoring forever.
⚠️ BASED ON REAL DRIVER DATA
These fee structures come from analyzing hundreds of posts in trucking forums like TruckersReport and r/Truckers. Real drivers, real complaints, real numbers.
Common quote from drivers: "They quoted me 4%. By the time I added everything up, I was paying closer to 6%."