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BasicBlock factoring: rates, fees and terms
Non-recourse factoring for owner-operators and small fleets, with no contract, no reserve and no transaction fees.
What sets it apart
The lowest published ceiling among the factors that state one: a flat 2.5% or less, against 3% at HaulPay and 3.24% at Bobtail. It also states no transaction fees, so the 2.5% is the all-in cost on its own page. No contract at all, not even a trial period.
Published terms
| Rate | BasicBlock charges a flat 2.5% (or less!) per invoice |
|---|---|
| Advance | Not stated on the pages we read |
| Recourse | Non-recourse: you're not on the hook if a broker fails to pay |
| Contract | No contract. Factor when you want. Stop when you want. |
| Monthly minimum | No monthly minimums |
| Transfer fees | No transaction fees |
| Other fees | No reserves. "What we quote is what you pay." |
| Funding speed | Most carriers get paid within 24 hours of submitting paperwork |
| Fuel | Not stated on the pages we read |
Monthly cost at the published rate
$10,000 a month: $250. $25,000 a month: $625. $50,000 a month: $1,250. Based on the published maximum. The flat 2.5% "or less" ceiling; no transaction fees stated. Per-invoice fees counted at a $2,500 invoice.
Owner-operators who want no contract and a single number.
You need same-day funding guaranteed; the page says most carriers are paid within 24 hours.
Ask before you sign
- Advance rate and fuel program details are not stated on the page we read.
Pages we read
Factors change rates and terms. If this is out of date, tell us.