Our fuel advance program provides immediate funding to keep your tanks filled. You can refuel quickly without worrying about where to get the budget.
The process is simple. Send us a copy of your signed bill of lading and confirmation sheet, and we will confirm the pickup or delivery. Once approved, you’ll automatically receive the fuel advance on your account.
Here at Factoring Express, we understand the ins and outs of the trucking industry. We know that payments take time to process, so we lend a helping hand by advancing a portion of your delivery value.
Our fuel card works like a credit card – but with boatloads of added perks! It’s designed to deliver maximum perks to all truckers. We forged partnerships with thousands of truck stops to give you the best discounts on various routes.
Highly recommended company. I saved a lot of time from invoicing and I can call anytime if I have any questions. My funding got released in just 48 hours. They also send monthly reports so I can track my finances while on the road.
I have a small freight company and I literally don’t have any idea about invoicing. Factoring Express was referred to me and now they handle all my collections. Really helped me save a lot of time and their representative is also easy to contact.
Great factoring company. Very flexible and offers a good rate. They approved me many times for funding which covered a lot of expenses of my trucking business. The guys protected me from bad brokers so I highly recommend them.
Very professional sales dept. and the team lead helped me and my team get through all our invoicing like a pro. Our paperwork is a mess when we contacted Factoring Express, but they are so patient and understanding.
It’s a pleasure working with them! They are always on time and they always pick up calls. Their representative gives follow-ups to make sure we’re doing well. Great company.
I had worked with 5 factoring companies before and only Factoring Express worked for my freight business. They never pressured me to make decisions like others did. Their team walked me step by step in the invoicing/collection process.
Do I need good credit to qualify for fuel advances?
No, we don’t require a strong credit score to approve your fuel advances. We don’t fixate on FICO scores. Instead, we check your accounts receivables to know how much funds we will send.
How long will it take to set up my fuel advance account?
You can get approved in as fast as 24 hours once you send your complete application. We know that funding is crucial for truckers, so we always move fast.
What if my client didn't pay the invoice after I got a fuel advance?
It depends on the circumstances. We always exhaust all means to collect from shippers and brokers to resolve all outstanding balances. This way, you won’t face offsets or chargebacks.
Do you offer a full advance?
In some cases, yes. It depends on the risk level of your load and the type of your trucking operation. We are more likely to offer full advances to truckers hauling general truckloads than those who deliver specialized freight.
Am I eligible for fuel advances if leased to another carrier?
In this case, you’re not eligible for fuel advances and factoring since the load is not signed to your motor carrier (MC) number.
You did a great job!