HaulHound users now have more
options to get paid fast!
HaulHound + Express Freight Finance
Our team-up offers you flexible, convenient freight bill factoring. We'll handle your collections & credit checks, so that you get paid fast.
Fill out the form below to get started, or scroll down to the bottom
to view frequently asked questions.
Ready to get paid faster?
Freight Bill Factoring FAQs
After a load has been dropped off, a creditworthy freight bill can be exchanged for immediate cash. With HaulHound & EFF, this will happen within twenty-four hours after the freight bill is presented to EFF. This way, you are able to get cash out of your invoices several weeks before the shipper pays the invoice. All this, for only 1-5% of your invoice!
Factoring is a cash flow tool. With factoring, you get cash nearly immediately and your factoring company does the waiting–so you have a steady cash flow and the surety that you will meet your short- and long-term business obligations. Besides other benefits, you are freed up to focus on doing the things needed to grow your business, while the factoring company handles collections and credit management.
Complete our online application and then upload your supporting information:
- Copy of Driver’s License
- Copy of Articles of Incorporation/Organization
- Copy of Operating Authority
- Copy of Insurance Certificate
We will process your application within 1-2 hours. Once approved, we send you our Factoring Agreement to be signed. After signing, we will get to work on your invoices!
As long as you have your own motor carrier authority and the loads have been tendered directly to your company, we are more than happy to factor your freight bills.
It depends on how quickly you submit a completed application. However, typically the process from application to funding occurs within 24 hours.