Get paid now with invoice factoring!
Get reliable and steady cash flow to run your business, cover operational costs and reinvest in your company without waiting for customer payments.
No minimum invoice volume | Funding limits up to $5,000,000 | Fast approvals & same day funding | Month to month contracts
- Same Day Funding
- Dedicated Point of Contact
- Month to Month Contracts
- Funding Limits up to $5,000,000
- Recourse and Non Recourse Options
- Industry Leading Rates
our benefits
What is Freight Factoring?
Freight factoring provides quick cash by converting unpaid invoices into immediate funds, so you don’t have to wait 30, 60, or even 90 days for payments.
This immediate funding option gives you easy access to capital without loans or upfront fees, creating a steady cash flow to manage expenses and keep your operations running smoothly.
Reliable cash flow minimizes disruptions, strengthens financial stability, and lets you focus on expanding your trucking business without worrying about delayed payments.
our benefits
Freight Factoring Made Easy with ExtraMile!
Freight factoring turns your invoices into instant cash, so you’re never left waiting. Enjoy steady cash flow to cover expenses, keep trucks rolling, and focus on growth without payment delays.
Submit Your Invoices
After delivering a load, send the invoice to us for fast funding.
Get Paid Right Away
We’ll advance up to 98% of the invoice , with same day funding, so you have the cash flow to cover expenses right away.
Receive the Remainder
Once your customer pays, we deduct a small fee and transfer the remaining funds to you.
why choose us?
Why Trucking Companies Trust
ExtraMile for Reliable Cash Flow
Instant Cash
No more waiting. Get paid within 24 hours on approved invoices.
Transparent Funding
Competitive pricing without hidden fees.
Accessible for All Credit Levels
No minimum credit score required.
No Monthly Payments
Enjoy funding without daily, weekly, or monthly payment requirements.
24/7 Online Access
Monitor invoices and payments anytime.
Dedicated Support
Expert assistance from our team.
Flexible Rates and Terms
Customizable options to meet your needs.
About us
How Can You Use the Funds?
Here are a few impactful ways to use your funds to drive your trucking business forward:
- Cover fuel costs, with discounts!
- Handle truck repairs and regular maintenance.
- Ensure timely payroll for drivers and staff.
- Pay vendors promptly to maintain strong supplier relationships.
- Manage seasonal demands with ease.
- Maintain insurance coverage without cash flow stress.
- Cover tolls and permit fees to stay compliant.
- Expand your fleet to support growth.
- Invest in technology upgrades like GPS and fleet management software.
- Boost marketing efforts and client acquisition to grow your business.
Comprehensive Freight Factoring Solutions for Every Carrier Type
ExtraMile offers customized factoring programs for a wide range of carriers, each tailored to meet the unique needs of your freight business.
- Flatbeds & Lowboys for oversized loads
- Dry Van services for secure, enclosed transport
- OTR Carriers handling Full Truckload (FTL) and Less-Than-Truckload (LTL)
- Refrigerated (Reefer) trucks for temperature-sensitive freight
- Tanker Trucks for liquid or bulk materials
- Specialized Trailers for unique cargo needs
- Box Trucks, Hot Shots, and Sprinter Vans for flexible, quick deliveries
- Intermodal solutions for seamless port-to-door logistics
- No matter your carrier type or business size, we offer flexible funding options to keep you moving forward.
We Go the Extra Mile for Your Success
Our commitment to a client-first approach means we’re here through every phase of your business journey. We understand that trucking isn’t always predictable, and we stand by our clients in good times, challenging times, and everything in between.
With over 75 years of experience, we’re a trusted partner dedicated to helping businesses access essential cash flow. From flexibility to expert guidance, we provide reliable support to keep your operations moving forward, no matter what comes your way.
Get Exclusive Fuel Savings with Our Fuel Card Program!
Keep more of your earnings on the road with our Fuel Card Program!
We’ve partnered with TCS to offer our clients an average $0.42 per gallon discount at in-network locations. These exclusive savings add up quickly, reducing operating costs and keeping your business moving efficiently and profitably.
Sign up for FREE today and start maximizing your fuel savings!
Testimonial
What our client say about us
faq
FREQUENTLY ASKED QUESTIONS
What types of transportation services do you offer?
We provide a wide range of services, including freight transport, logistics planning, and on-demand deliveries tailored to your specific needs.
How do you ensure on-time deliveries?
Our advanced logistics technology and experienced team carefully plan routes and schedules, allowing us to maintain a 99% on-time delivery rate.
Is my shipment safe with Extra Mile?
Absolutely! We prioritize the safety and security of your goods with strict safety protocols throughout the transportation process.
What support do you offer to clients?
Our customer service team is available 24/7 to assist you with any questions or concerns, ensuring seamless communication and support.