Factoring cost calculator
Enter what you invoice in a typical month and the factoring company's fee to see what fast pay really costs.
CDL Loans
Factoring fees
–per month
- You receive
- –
- Fee per load
- –
- Fees per year
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Memo: Estimate only. Not a loan offer.cdlloans.com
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Common questions
Is factoring worth the fee?
For many new carriers, getting paid in a day or two instead of 30 or more is worth it, because fuel and payments can't wait. As you build savings, you can decide whether to keep factoring every load.
What's recourse factoring?
With recourse factoring, you owe the money back if the broker never pays. Non-recourse factoring covers some of that risk, usually for a higher fee. Read what's covered before you sign.
Get paid in days, not weeksDAT Outgo factoring pays you on your invoices fast, so fuel and truck payments aren't waiting on brokers.See Outgo factoringMore calculators
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- ≡Compare truck loan offersPut up to three lender offers side by side and see which really costs least.
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Bluewhale Insurance Group
Insurance for owner-operators and small fleets. Talk to an agent about coverage before you buy.Get a quoteAd
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Business software for running your trucking company, from invoicing to keeping your books.Try ZohoAd
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24/7 nationwide roadside assistance for trucks, so a breakdown doesn't leave you stuck.Sign up your truckAd
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