What are your factoring rates?

Our factoring rates are competitive and depend on several factors, including your industry, invoice volume, and your customers’ creditworthiness.

How quickly do I get paid?

Most invoices are funded within 24 hours of approval. Same-day funding is also available for urgent situations at no extra charge.

Do you require long-term contracts?

No, we do not require long-term contracts. You can use our factoring services whenever you need them.

What if my customer doesn't pay?

We handle the collections process and assume the credit risk, so you are protected from customer non-payment.

Can I factor only some invoices?

Yes, you can choose which invoices to factor. There is no obligation to factor all of your invoices.

4.9

from 200+ reviews

Routiqo's Premium Freight Factoring

Q: What industries do you work with?

We work with a wide range of industries, including manufacturing, transportation, staffing, and professional services.

Get paid faster with competitive rates and exceptional service designed for every type of trucking business.

Invoice Factoring
50% Fuel Advances
Free ELD Device
Boost Your Cash Flow

Competitive Factoring Rates
1.5%

Start Freight Factoring Today

Trusted by Carriers Who Count on Fast, Reliable Funding

Routiqo keeps your cash flow moving by making freight factoring simple, fast, and straightforward. Everything we do is built around helping carriers avoid payment delays and stay focused on running their business.

Easy Application

Online application in under 5 minutes

24-Hour Funding

Fast approval and payment processing

No Hidden Fees

Transparent pricing, no surprises

Competitive Rates

Starting at 1.5% factoring fee

Trucking Specialists

Built specifically for owner-operators

MC Verification

We verify carrier authority and insurance

FDIC Insured

Funds protected through banking partners

Your guarantee of reliability

Simple. Transparent. Proven Freight Factoring

Routiqo is backed by nationally recognized financial and industry organizations, giving carriers confidence that their funding is secure and compliant. Our BBB accreditation and IFA membership reflect our commitment to fair practices, transparency, and dependable service.

Every transaction is handled with the highest standards of accuracy and professionalism, ensuring your business receives the consistency it deserves. From secure payment handling to industry-approved processes, Routiqo delivers reliability you can count on load after load.

Why Do Companies Choose Routiqo for Freight Factoring?

Routiqo's freight factoring service helps trucking companies turn completed loads into fast, reliable funding. From credit checks to daily payouts, we simplify the financial side so you can stay focused on the road.

Lowest Rates in Industry

Competitive 1.5% freight factoring rates with no hidden fees. You keep more of your invoice value with clear and transparent pricing.

Lightning Fast Funding

You get paid within 24 hours of submitting your freight invoices. Same-day funding is available when your operation needs immediate cash flow.

Personal Dedicated Service

You work with a dedicated factoring account manager who understands your business and supports you directly. There are no call centers or complicated phone systems.

Advanced Online Portal

You can submit freight bills, track payouts, and manage your factoring activity anytime. A mobile app is available for iOS and Android so you can access your account on the go.

Complete Credit Protection

Non-recourse freight factoring is available to protect you from broker or shipper non-payment. Our team manages credit checks, collections, and load verification for every invoice.

Freight Industry Expertise

Our team brings decades of experience in freight finance and understands the challenges carriers face. We help eliminate delays, deductions, and paperwork issues that slow down payments.

Get Your FREE ELD – A Factoring Advantage That Saves You Money

Routiqo gives factoring clients a premium ELD device at no cost, helping you stay compliant while reducing your operating expenses. This added benefit ensures your fleet keeps moving without extra monthly fees eating into your cash flow.

Free ELD device included with your freight factoring account
No monthly charges, subscription fees, or long-term contracts
Simple plug-and-play installation that gets your truck compliant fast
24/7 customer support so downtime never impacts your cash flow

Start Factoring Today Learn More

free eld device with routiqo freight factoring

Trusted by fleets nationwide — Matrack is proudly affiliated with Routiqo

ELD Main Features

Automatic HOS

Automatic hours of service calculation and violation alerts. Automatic recording of driving time, miles and location.

Compliance Monitoring

Monitor your drivers' logs and DVIRs. Get alerts to prevent violations.

Multiple HOS Rules

Show logs on phone or tablet. No printer needed.

Fleet Tracking

Track vehicles in real-time and view location history.

DOT Inspection Mode

Compliant with 60-hour/7-day & 70-hour/8-day rules.

IFTA Reporting

Save time with automated IFTA mileage reporting.

Electronic DVIR

Vehicle inspection reports created & submitted in seconds.

Access Permissions

Manage access for managers, drivers, accountants, brokers.

Cut Fuel Costs and Strengthen Your Cash Flow — Free With Your Factoring Account

Routiqo factoring clients get access to a powerful fuel-finding app that pinpoints the best diesel prices on every route. These savings add up fast and help your factoring payouts go further week after week.

Matrack’s smart fuel algorithm guides you to the lowest fuel prices in real time. Many carriers save more than 40¢ per gallon, putting over $2,000 a year back into their operation.

Our Freight Factoring Services

Invoice Factoring

Convert your freight invoices into fast working capital at competitive rates starting at 1.5%. There are no hidden fees and no long-term commitments required.

Fuel Advances

Access up to 50% of your load value before pickup so you never struggle to cover fuel. Advances are issued quickly to keep your trucks on the road.

Load Board Access

Get premium access to high-paying loads from verified shippers. Spend less time searching and keep your trucks running consistently.

Credit Checks

We verify broker and shipper credit before you haul to help prevent unpaid invoices. This reduces risk and supports healthier cash flow.

Collections

Our professional collections team handles invoicing and payment follow-ups on your behalf. Your hours stay on the road, not on paperwork.

24/7 Support

Enjoy round-the-clock support from factoring specialists who understand freight billing and payment challenges. You always get real help when you need it.

Start Factoring Today

How Does Routiqo Freight Factoring Work?

Routiqo makes freight factoring simple by turning your invoices into fast, reliable cash with a smooth three-step process.

Submit Your Freight Invoice

Upload your BOL and delivery documents through our secure portal or mobile app. Submitting takes less than two minutes, and your invoice enters review immediately.

We Verify and Approve

Our team checks load details and broker or shipper credit to ensure everything is accurate. Most invoices are approved in under two hours, so your payout never gets delayed.

Get Paid Fast

You receive your funds through ACH within 24 hours of approval. This gives you access to 97.5% to 98% of your invoice value right away, helping you cover fuel, repairs, and daily expenses.

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What Carriers Say About Routiqo?

Routiqo changed my business. I went from waiting 45 days for payment to getting paid the next day. The rates are fair and the service is outstanding.

Mike Rodriguez

Owner Operator, Texas

Finally found a factoring company that treats owner operators right. No hidden fees, fast funding, and they actually answer the phone when I call.

Sarah Johnson

Independent Trucker, Georgia

Been with Routiqo for 8 months now. Their fuel advance program keeps me moving and their rates are the best I've found anywhere.

David Chen

Fleet Owner, California

Frequently Asked Questions

Mike

ROUTIQO Manager

Still have
questions?

We're here to help — reach out
and get the answers you need

Our factoring rates are competitive and depend on various factors including your industry, invoice volume, and customer creditworthiness.

Most invoices are funded within 24 hours of approval. We offer same-day funding for urgent situations at no extra charge.

No, we don't require long-term contracts. You have the flexibility to use our services as needed.

We handle collections and assume the credit risk, so you're protected from non-payment issues.

Yes, you can choose which invoices to factor. There's no requirement to factor all of your invoices.

We work with a wide range of industries including manufacturing, transportation, staffing, and professional services.

Frieght Factoring

11/10/25

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