Question 1

What is freight factoring?

Accepted Answer

CarrierNet buys your freight invoices and pays you as early as the same day, then collects from the broker or shipper when the invoice comes due.

Question 2

How fast will I get funded?

Accepted Answer

As early as the same day you submit your invoice and paperwork.

Question 3

Do I have to sign a long-term contract?

Accepted Answer

No. CarrierNet has no long-term contracts.

Question 4

Are there hidden fees?

Accepted Answer

No. Your factoring fee is agreed up front and that's what you pay.

Question 5

How much does factoring cost?

Accepted Answer

Rates depend on your volume and situation. Applying is free, takes minutes, and will not affect your credit score, and a rep will walk you through exact numbers.

Question 6

What's the difference between recourse and non-recourse factoring?

Accepted Answer

With recourse factoring you're responsible if the broker never pays; non-recourse shifts more of that risk to the factor. Ask your rep which structure fits your operation.

Question 7

Do you check broker credit?

Accepted Answer

Yes. Broker credit checks help you haul for brokers who actually pay.

Question 8

What's the fuel card program?

Accepted Answer

Through our AtoB partnership, clients save at 1,100+ stops including Pilot, Flying J, Speedway, Sapp Bros, and Mr. Fuel.

Question 9

Who does CarrierNet work with?

Accepted Answer

Owner-operators, small fleets, new authorities, and the brokers they haul for.

Question 10

How do I apply?

Accepted Answer

Start at apply.carriernet.com/start. It takes minutes, it's free, and it will not affect your credit score.

Frequently asked questions

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