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Express Freight Finance factoring: rates, fees and terms
Carrier factoring with 1 to 12 month contracts, free credit checks and no reserve.
What sets it apart
States contract options from 1 to 12 months, among the shortest offered, plus no volume or concentration limits, so one big broker can be most of your freight. It writes that a flat rate "should generally be no higher than 3%" but does not publish its own.
Published terms
| Rate | Not stated on the pages we read |
|---|---|
| Advance | Full advance |
| Recourse | Covers the risk if your customer cannot pay due to insolvency or bankruptcy |
| Contract | Flexible 1-12 month contracts, optional DropPay upgrade |
| Monthly minimum | Zero volume or concentration limits |
| Transfer fees | Not stated on the pages we read |
| Other fees | Free credit checks, no setup fees, no reserve requirements |
| Funding speed | Not stated on the pages we read |
| Fuel | Same-day fuel advances on booked loads |
Pages we read
- https://expressfreightfinance.com/factoring-for-carriers/
- https://expressfreightfinance.com/faqs/
- https://expressfreightfinance.com/rate-structures-in-freight-factoring/
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