Low-cost & stress-free factoring
Freight factoring by a carrier, for carriers. Receive up to 98.5% of your invoices right away.
Keep more of what you earned.
Lower cost
The lowest reserve threshold in the industry.
Same day funds
Same day and next day options available.
No hidden fees
Your fee schedule is always on your dashboard.
Turn your invoices into cash, stress-free.
Redbone’s Factoring Program was designed to be the most carrier-focused factoring program available to trucking companies. Invoice and finance management is always stressful, whether you’re a single owner operator or have a fleet of trucks and support staff.
Let our team take care of getting you paid for the work you’ve done, so you can free up cash and grow your business.
Get started
Secure online portal
Our software allows you to view your factoring history, reserve, payouts, and more in just one place.
Lowest fees
We’re not out to steal your hard-earned money. With fees as low as 1.5% and the lowest reserve threshold in the industry, you get to keep more of what you make.
Same day funding
Trucking moves quickly. If you need the money immediately, we’re here to help. Same day and next day options available.
Several factoring models
Every trucking company is different. Regardless of your unique position, we have the service that fits you perfectly.
No reserve minimums
We started out as one truck just chasing invoices, so we know how you feel. We offer plans with no reserve minimums so you can get your money without leverage.
No contracts
Why lock yourself into a commitment that may not be necessary in a few months? We’re here for convenience, not power.
Recourse or non-recourse
Recourse Factoring
1.5% fee at your reserve threshold
With our recourse model, you benefit by adding cash to your reserve. As your reserve builds, our fee decreases. As you hit your threshold, you only pay a 1.5% fee and receive 98.5% of all invoices.
Your reserve is available to be transferred back to you at any time, making this model an easy and convenient way to maximize your accounts receivable and keep your business running smoothly.
Non-Recourse Factoring
2% when paid within 30 days
Redbone’s non-recourse freight factoring offers low fees on your best customers’ and brokers’ invoices with no reserve needed. Based on the length of time the invoice is unpaid, we take just 2% of your total invoiced amount if the invoice is paid within 30 days.
If your customers pay on time, this option allows you to factor without any sort of reserve and still take advantage of our industry-leading low fees.
Don’t leave your business in the hands of a company that doesn’t know your business.
Many factoring companies are simply out to collect their fee without caring to learn your business. As a motor carrier in business for over 20 years, we have a deep understanding of the trucking industry and the differences a good factoring partner can make.
Our top priority is helping you keep your trucks moving, made possible by our streamlined factoring software, low fees, and dedicated support available to assist you in any way necessary.
Let’s get rollingTake advantage of our fuel program to save even more.
The Redbone Fuel Program gives you yet another way to save. In today’s fluctuating economy, saving money at the pump is more crucial than ever. Members of the Redbone Fuel Program save more than any of the major fuel programs available. Give us a call to learn more and get started.
Apply now
Lower costs. No hidden fees. Same day funding. Dedicated support.