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Freight Factoring

Freight Factoring for US Carriers and Owner-Operators

MetaSys is an authorized partner of Riviera Finance, OTR Solutions, and RTS Financial. We get you onboarded with the right one and turn your unpaid invoices into same-day or next-day cash, at rates from 1.5%.

Get Funded FasterSee how factoring works
Calculator, invoices, and financial paperwork spread across a desk
Freight factoring

Waiting on a broker is not a cash flow plan. Factoring is.

Get matched to a partner

30-minute call. No commitment.

1.5%
Partner rates from

Volume discounts as your invoice volume grows

Same day
Funding speed

Or next business day, once approved

3
Factoring partners

Riviera Finance, OTR Solutions, RTS Financial

100%
NOA filing handled

Broker notification included at onboarding

The problem

Payment terms were not built for a fleet that runs every week

Broker payment terms of 30 to 60 days work fine for the broker. For a carrier covering fuel, insurance, and payroll every week, that gap is where operations break.

30 to 60 day payment terms

Most brokers pay invoices on 30 to 60 day terms. Fuel, tags, insurance, and payroll do not wait that long for the same load.

Fuel is due before the check clears

Diesel costs hit your card the day you deliver. The invoice for that same load will not turn into cash for weeks.

Growth stalls without cash on hand

Adding a truck or taking a bigger load means covering costs today against revenue that lands next month.

NOA and broker paperwork nobody has time for

Notice of assignment, broker verification, and invoice submission take hours you do not have between loads.

Banks were not built for freight

Traditional lenders see thin margins and inconsistent invoicing. Approval is slow, if it comes at all.

One slow-paying broker can sink a week

A single broker running 45 days behind can leave a small fleet unable to make payroll on time.

How factoring works

Turn a delivered load into cash, not a wait

Factoring is simple in plain English: you sell an unpaid invoice to a factoring company for a small fee, and get paid now instead of waiting on the broker.

01
Day of delivery

Haul and deliver the load

Run the load as you normally would. Nothing about how you dispatch or drive changes.

02
Minutes

Submit the invoice

Upload the rate confirmation, BOL, and invoice through your partner's online portal. Takes a few minutes.

03
Same day

Broker and invoice are verified

Your factoring partner confirms the broker's credit and the paperwork, then approves the invoice for funding.

04
Same or next day

Funds land same day or next day

Approved invoices are funded same day or next day, minus the factoring fee. No waiting on the broker.

Recourse vs non-recourse

An honest look at both options

Neither option is universally better. Your matched partner will walk you through which one fits your broker relationships and risk tolerance.

Factor
Recourse
Non-Recourse
RateLower, typically the cheaper starting pointHigher, priced for the added protection
Who carries broker credit riskYou do. If the broker never pays, you repay the advance.The factoring company does, if the broker becomes insolvent.
Best fitCarriers with strong, known broker relationshipsCarriers running with newer or higher-risk brokers
Disputed freightNot covered. Damaged, rejected, or disputed loads are excluded.Also not covered. Non-recourse protects against non-payment, not disputes.
Approval speedTypically faster to get startedMay require a closer look at the broker before approval
Our partners

Authorized to onboard carriers with three national partners

MetaSys is an authorized partner of these three factoring companies. We get you set up with whichever partner fits your operation, and that partner extends the funding.

Riviera Finance

A long-standing factoring company known for a personal, relationship-driven approach. A solid fit if you want a dedicated point of contact who gets to know your operation.

Best for: Owner-operators and small fleets

OTR Solutions

Built for speed and volume, with a strong online portal and fast approval turnaround. A good match once you are submitting invoices regularly across multiple trucks.

Best for: Growing fleets with higher invoice volume

RTS Financial

Deep broker network familiarity and efficient NOA processing. Works well for carriers moving a wide mix of freight types and broker relationships.

Best for: Carriers hauling a mixed freight profile

Not sure which fits your operation? Tell us about your fleet and we will recommend one.

Onboarding

From application to funded invoice, fast

We handle the matching and the paperwork so you can start factoring invoices without chasing three separate applications yourself.

01

Tell us about your operation

Fleet size, freight types, and current broker relationships. Takes about 10 minutes.

10 minto complete
02

We match you to a partner

Based on your profile, we recommend Riviera Finance, OTR Solutions, or RTS Financial, and explain why.

Same daypartner match
03

Complete the partner application

MC number, DOT number, insurance certificate, and W-9. We walk you through it so nothing gets held up.

1 to 2 daysto approval
04

Start factoring invoices

Once approved, submit invoices through the portal and get funded same day or next day on approved loads.

Ongoingsupport
How we work

Three partners, one application, one point of contact.

Authorized to onboard carriers with three national factoring companies, not locked to a single option
NOA filing and broker notification handled for you at onboarding
Rates starting from 1.5%, with volume discounts as your invoice volume grows
Recourse and non-recourse options explained plainly, matched to your risk profile
Get Matched to a Partner
Rates

Partner rates start from 1.5%

Our partners price from the same 1.5% starting rate at every fleet size. Your exact rate depends on invoice volume, broker credit, and recourse or non-recourse, confirmed during onboarding with your matched partner.

Owner-Operator

1 truck
Through your matched partner
Choice of recourse or non-recourse
Same or next-day funding
No long-term contract required
Online invoice submission portal
Get Started

Small Fleet

2 to 10 trucks
Through your matched partner
Volume-based rate discounts
Dedicated account contact
NOA filing handled for you
Priority funding turnaround
Get Started

Growing Fleet

10+ trucks
Through your matched partner
Matched to the partner built for scale
Custom credit review process
Dedicated onboarding specialist
Broker network notification handled
Get Started
Get matched

Tell us about your fleet. We will handle the rest.

Send your details and we will recommend the right factoring partner for your operation, then walk you through onboarding.

No obligation, just a recommendation
We answer directly, no call center
Same or next-day funding once approved

Get matched to a factoring partner

Tell us about your fleet and we will recommend the right partner and next steps.

No spam. We send your results and one helpful follow-up, nothing more.

Common questions

Questions carriers ask before they start factoring

Factoring means selling an unpaid invoice to a factoring company in exchange for immediate cash, minus a small fee. Instead of waiting 30 to 60 days for a broker to pay, you get funded same day or next day and the factoring company collects from the broker directly.

MetaSys is an authorized partner of Riviera Finance, OTR Solutions, and RTS Financial, three of the largest freight factoring companies in the US. We are authorized to onboard carriers with all three and we match you to the one that fits your operation, then handle the paperwork so funding reaches you as fast as possible.

Once an invoice is approved, funding lands same day or next day depending on the partner and your submission time. Approved carriers can factor an invoice the same day they deliver.

With recourse factoring you get lower rates, but you are responsible for repaying the advance if the broker never pays. With non-recourse factoring the factoring company absorbs that credit risk if the broker becomes insolvent, and you pay a higher rate for that protection. Neither option covers a genuine dispute over the freight itself, such as damaged goods or a rejected load.

Rates start from 1.5% of the invoice value, with volume discounts available as your monthly invoice volume grows. Your exact rate depends on invoice volume, broker credit, and whether you choose recourse or non-recourse. This is confirmed during onboarding with your matched partner.

No. Most of our partner programs let you choose which invoices to factor. There is no requirement to send every load through factoring once you are approved, so you can use it for the loads where cash flow matters most.

A Notice of Assignment tells a broker to pay the factoring company directly instead of you. MetaSys handles NOA filing and broker notification as part of onboarding, so brokers know exactly where to send payment from day one.

Your MC number, DOT number, insurance certificate, W-9, and a recent rate confirmation or invoice. We use that information to match you with the right partner and start the application.

Related Pages

Running freight and need AI on top of the operation? See AI for Logistics Companies

Further Reading

How Logistics Companies Use AI for Dispatch
Get started

Stop waiting 30 to 60 days to get paid

MetaSys gets you onboarded with the right factoring partner and handles the NOA filing and broker notification, so approved invoices turn into cash same day or next day. Tell us your fleet size and freight profile and we will come back within one business day with a partner recommendation and the exact documents you need.

Book a Scoping CallSee our work
Authorized partner of 3 factoring companiesRates from 1.5%Same or next-day fundingOne point of contact, start to finish