Instant Factoring
Get paid on your invoices the same day. No lengthy applications, no hidden fees, no minimum volume, no long-term contracts. Factor only the loads you choose.
Factoring without the fine print
Same-Day Funding
Submit a delivered load invoice before 2pm ET and receive funds the same business day. No waiting 30-90 days.
Flat Transparent Rate
One flat percentage. No hidden fees, no invoice processing charges, no wire fees, no monthly minimums.
No Minimum Volume
Factor one load or one hundred. No minimum invoice count, no minimum dollar amount, no penalties for low volume.
No Long-Term Contracts
Use factoring when you need it, skip it when you don't. No annual commitment, no early termination fees.
Broker Credit Checks
We check broker credit before you accept the load. Know if a broker will pay before you haul.
Auto Invoice Submission
Submit invoices directly from your loads dashboard. Rate confirmation and BOL attached automatically.
Load Integration
Delivered loads flow directly into the factoring queue. No duplicate data entry, no re-keying load details.
Direct Deposit to Checking
Funds deposit straight to your Rig Business Checking account. Available immediately — no separate bank needed.
Three steps to same-day pay
Deliver the load
Haul the freight and get your signed BOL and rate confirmation — or let Rig Terminal attach them automatically.
Submit the invoice
One click from your loads dashboard. Rate confirmation and proof of delivery are attached automatically.
Get paid same day
Funds deposit directly to your Rig Business Checking account. Submit before 2pm ET for same-day funding.
No hidden fees. Period.
| Fee | Rig Terminal | Typical Factor |
|---|---|---|
| Funding speed | Same day | 2–5 days |
| Rate structure | Flat percentage | Variable + fees |
| Invoice processing fee | None | $10–25/invoice |
| Wire/ACH fee | None | $15–30/transfer |
| Reserve holdback | None | 5–10% held |
| Monthly minimum | None | $5K–25K |
| Long-term contract | None | 6–24 months |
Submit invoices without leaving your dashboard
Delivered loads flow directly into the factoring queue. Rate confirmations and BOLs attach automatically. No duplicate data entry, no paper, no faxing — click submit and get paid.
See all 14 platform modules →Frequently asked questions
Stop waiting 30 days to get paid
Same-day factoring, flat rate, no contracts — included with Rig Terminal.
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