With our mobile app, you finish the job, upload your invoice and get paid the same day. Quick, simple and on the go.
Your customer has 30 days to pay your invoice, but you need diesel to pick up a load tomorrow. When you need cash flow to fund expenses like fuel and vehicle maintenance, you turn to factoring.
Get cash in 24 hours or less.
Upload invoices and manage your wallet on the go.
Grow your business with debt-free cash flow.
Access more of your money with factoring.
RTS factoring customers have exclusive access to additional financial services to help your business succeed.
Also known as accounts receivable (AR) financing, freight factoring is a financial solution that allows you to submit open invoices for payment within 24 hours to increase cash flow.
RTS purchases the invoice at a competitive factoring rate and advances more than 90 percent of the total within 24 hours. Once the invoice is paid, we will send the remaining balance minus a small fee.
No, freight factoring is not a loan. The capital provided is based on the credit of your customers, not your balance sheet. This allows you to gain immediate cash without assuming new debt.
Funding limits may vary depending on your business and your buyers' creditworthiness. If you work with creditworthy buyers, there may be no limit.
