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.
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.
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