Payment for your loads in 24 hours or less
You did the work. The broker says 30 days. Maybe longer. You’ve got fuel to buy, trucks to maintain, and a business to run. None of that waits.
BasicBlock buys your invoice and pays you now. Usually within 24 hours. No contracts. No hidden fees. No waiting on someone else’s timeline.
What is freight factoring?
A simple financial tool that turns your unpaid invoices into same-day cash — no loans, no waiting, no hassle.
Step 01
You haul the load
You deliver the freight and generate an invoice — just like normal. No change to how you operate.
Step 02
Send us the invoice
Instead of waiting on the broker to pay — which can take 30–60 days — you send the invoice to BasicBlock.
Step 03
Get paid within 24 hours
We pay you upfront — minus a small percentage — and collect from the broker ourselves. You move on to the next load.
30–60
Days brokers typically take to pay without factoring
24 hrs
Average time to get paid with BasicBlock
$0
Debt added — factoring is not a loan. Nothing to pay back.
Why It Matters
Why do carriers use factoring?
Running a trucking business means managing constant costs while waiting on brokers who pay on their own schedule. Factoring closes that gap.
Costs don’t wait for brokers
Fuel, insurance, maintenance, truck payments — these hit every week. Broker payment terms of net-30 or net-60 don’t align with that reality.
Cash flow stays consistent
Instead of boom-and-bust cycles tied to when brokers pay, factoring smooths cash flow so you can plan ahead and take more loads.
No borrowing required
Factoring isn’t a loan. You’re not adding debt to your balance sheet — you’re just getting paid faster for work you already did.
Protection from slow payers
With non-recourse factoring, if a broker goes under or refuses to pay, the risk stays with the factoring company — not you.
“For a lot of owner-operators and small fleets, it’s the difference between growing and just getting by.”
BasicBlock serves thousands of carriers across the U.S. — from single-truck owner-operators to fleets of 20+
What you get with BasicBlock
24-Hour Payment
Get paid today. Not in 30 days.
You finish the job. We pay you. Most carriers see funds within 24 hours of sending paperwork. No chasing brokers. No watching the calendar. Your money moves when you do.
No payment windows. No cutoff times
A lot of factoring companies batch payments or make you wait for a specific day. We don't. Submit your paperwork and your money is on the way. Business day or not.
Track every dollar from the app.
See exactly where your payment is from the moment you submit to the moment it hits your account. No calling in. No guessing. Real-time updates on your phone.
Mobile App
Your whole operation, from your phone.
Submit loads, track payments, and manage your account from the road. Snap a photo of your paperwork. Upload it. Done. No scanning. No emailing. No waiting on hold.
Built for the cab, not the office.
Most drivers don't have time to sit at a desktop and fill out forms. The app is built for how you actually work. Quick, simple, and usable with one hand and a bad signal.
Everything in one place.
Payment history, load status, broker info, support. It's all in the app. No digging through emails or calling in to check on something you should be able to see yourself.
10,000+ Pre-Approved Brokers
Check your broker before you haul.
We've already vetted them. Over 10,000 brokers are pre-approved in our system. That means faster processing and fewer problems when it's time to get paid.
Fewer surprises on the back end.
When you work with a pre-approved broker, the invoice moves faster. No extra hold times. No verification delays. We already know they're good for it.
Look them up before you commit.
Not sure about a broker? Check them in our system before you agree to anything. It takes a few seconds and it can save you a lot of headaches down the road.
Real Human Support
Real people. Real answers.
Call us and a person picks up. Not a bot. Not a phone tree. Our team knows trucking, and they know how to help. It's why drivers stay with us.
Support that actually solves the problem.
You shouldn't have to explain your situation three times to three different people. Our team handles it the first time. One call. One person. Done.
Available when you need us.
When you're sitting on the side of the road with a question about a payment, you need someone who picks up and gets it handled. Not someone who sends you to a FAQ page. That's us.
Same Day Approval
Approved in 24 hours. Back on the road.
Most applications are approved within 24 hours. Short form. No piles of paperwork. We get you set up, walk you through the app, and you're good to go.
No hoops. No runaround.
Some companies drag out the approval process with endless documents and back-and-forth. We keep it simple. Fill out the form. We handle the rest.
Start factoring right away.
Once you're approved, you can submit your first load immediately. No waiting period. No onboarding limbo. You're in and you're running.
Non-recourse factoring. You’re covered.
If a broker doesn’t pay, that’s on us. Not you. We take on the credit risk so you never end up holding the bag for a broker who went sideways.
No contracts. No minimums.
Factor when you want. Stop when you want. We’d rather earn your business every month than trap you into staying.
Flat, honest rates.
What we quote is what you pay. No surprise charges. No fine print. No fees that show up six months in.
“BasicBlock has been really incredible to work with! The whole process of emailing ratecons in and adding the BOL’s online or on the app is so simple. Everything gets listed immediately and getting paid is almost that fast as well.”
David B.
Why carriers stick
with BasicBlock
Most factoring companies want to lock you into a long contract, hit you with fees you didn’t see coming, and make you jump through hoops to get your own money.
We don’t work that way.
Fast payment. Fair rates. A team that picks up the phone. We’re not the biggest factoring company out there. But the carriers who work with us stay with us. That says more than any number on a page
Common questions about freight factoring
Is freight factoring a loan?
No. We buy your invoice at a small discount and pay you right away. Nothing to pay back. No debt on your books.
How fast do I get paid?
Most carriers get paid within 24 hours of submitting paperwork through the app.
Do I have to sign a contract?
No. Factor as many or as few loads as you want. Stop anytime.
What if a broker doesn't pay?
That’s on us. Non-recourse factoring means you’re not on the hook if a broker fails to pay.
Are there any hidden fees?
No. What we quote is what you pay. No monthly minimums. No transaction fees. No surprises.
How long does it take to get approved?
Most carriers are approved within 24 hours.