Freight factoring offers you the cash flow you need to run your trucking business. After you have hauled a load you would usually need to wait 30, 60, or 90 days to get paid. Factoring is a much-needed solution offering you access to your earned money quickly when you can’t wait over a month to get paid. We would buy your freight invoices and get YOU PAID for those invoices the same day, all for a low fee. We would then wait those 30, 60 or 90 days to receive payments from your customers.

Here are the STEPS you would follow once you start factoring with Widestream Capital:

1) CREDIT CHECK the Broker before you book your load. You can get check credit here on this website 24/7.
2) HAUL A LOAD for a credit approved broker.
3) SUBMIT proof of delivery documentation to us electronically.
4) GET PAID the same day you submit complete paperwork to us.


Recourse vs. Non-Recourse Factoring Explained
There is a little bit of confusion surrounding the terms recourse vs. non-recourse factoring so it’s worth to clear the air!


Non-Recourse Factoring means that - if we buy an invoice, but the broker doesn’t pay us because they went bankrupt, that invoices DOESN'T get charged back to you. Factoring rates are higher than they are for recourse factoring, but fewer brokers are approved when you run a credit check. Your risk is lower than with recourse factoring but you are limited for whom you can haul loads.

Applies to BOTH Recourse and Non-Recourse Factoring - If a broker short-pays or doesn’t pay an invoice because of valid deductions such as shortages, damages, claims or other deductions from the agreed rate, those amounts will be charged back to you as soon as we find out about the deduction. The same is true whether you are on the recourse or the non-recourse plan. This is because these types of deductions are specific to the load and have nothing to do with the creditworthiness of the broker.