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4.9
from 200+ reviews

Premium Factoring for Owner Operators

Get paid faster with competitive rates and exceptional service
tailored for independent truckers

Start Factoring Today & Get Your FREE ELD Device — No Monthly Fees Ever

Competitive Factoring Rates
2.0% - 2.5%
Start Factoring Today
Truck on road

Trusted by Top Industry Partners

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 2.0% factoring fee

Trucking Specialists

Built specifically for owner-operators

MC Verification

We verify carrier authority and insurance

FDIC Insured

Funds protected through banking partners

Simple. Transparent.
Proven.

Worker with truck

Your guarantee of reliability

BBB Accredited
IFA Logo

Fast Funding

24hrs

Get paid within 24 hours
of invoice approval

Approval Rate

99%

We work with owner
operators others won't

Hidden Fees

0

Transparent pricing with
no surprise charges

Personal Service

1-on-1

Dedicated account manager
for your business

Why Owner Operators
Choose Routiqo

Built by truckers, for truckers – we understand
what owner operators really need

Lowest Rates in Industry

Competitive 2.0–2.5% factoring rates with no hidden fees. Keep more money in your pocket with transparent pricing.

Lightning Fast Funding

Get paid within 24 hours of invoice submission. Same-day funding available for urgent cash flow needs.

Personal Dedicated Service

Your own account manager who knows your business. Direct phone line – no call centers or phone trees.

Advanced Online Portal

Submit invoices, track payments, and manage your account 24/7. Mobile app available for iOS and Android.

Complete Credit Protection

Non-recourse factoring available. We handle collections and protect you from bad debt with comprehensive credit verification.

Trucking Industry Expertise

Over 20 years serving owner operators. We understand detention pay, fuel advances, and the unique challenges you face.

Estimate Your Weekly Payout in Seconds

No need to guess how much you’ll get paid. Use our simple calculator to estimate
your factoring payout based on your invoice amount — before you sign up.

Let's show you how

Get Your FREE ELD – Drive Compliant, Save Big!

  • Free device with no long-term contract
  • 100% free for Routiqo customers — device & service included
  • Quick & easy plug-and-play installation
  • 24/7 live customer support (including SMS)
Start Factoring Today Learn More

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.

Fuel control

Save $2,000 a Year on Fuel with Our Fuel-Finding App — Completely FREE!

Matrack's tracking AI always directs you to the cheapest fuel prices wherever you are, saving you over 40¢/gal in many locations

Our Factoring Services

Invoice Factoring

Convert your invoices to immediate cash at competitive 2.0–2.5% rates. No hidden fees, no long-term contracts required.

Fuel Advances

Get up to 50% fuel advances on approved loads. Never worry about having cash for fuel again.

Load Board Access

Premium access to top-paying freight with verified shippers. Find the best loads faster.

Credit Checks

Comprehensive shipper credit verification to protect you from non-paying customers before you haul.

Collections

Professional collections team handles all invoicing and payment collection. Zero hassle for you.

24/7 Support

Round-the-clock customer service with real people who understand trucking. No phone trees.

Start Factoring Today
Fuel pumps
Happy truck driver using mobile app in truck cab

How Routiqo Factoring Works

Simple, fast, and transparent - get paid in 3 easy steps

Happy truck driver using mobile app in truck cab
1

Submit Your Invoice

Upload your completed delivery receipts through our secure online portal or mobile app. Takes less than 2 minutes.

2

We Verify & Approve

Our team quickly verifies the load details and shipper information. Most invoices approved within 2 hours.

3

Get Paid Fast

Receive your payment via ACH transfer within 24 hours. Keep 97.5-98% of your invoice value immediately.

Start Factoring Today

Manage Factoring on the Go

Submit invoices, track payments, and stay in control — all from your phone. The Routiqo app makes factoring fast and simple, wherever the road takes you.

What Owner Operators Say

Frequently Asked Questions

Mike - ROUTIQO Manager
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.
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Estimate Your Weekly Payout in Seconds

A complete guide to invoice factoring for truckers. Learn the basics, understand the benefits,
and discover what to look for in a factoring company — before you commit.

Let's show you how

Get Started Today

Apply for Factoring