Signed rate con
From the broker, straight to you. It's the first thing a factor checks.
Dispatch and factoring services, side by side
Loads booked by our desk and approved by you, paid fast by our factoring partner. One application can start both. Factoring stays optional, and neither service depends on the other.
Monthly invoices
Get loads and fast payWe refer carriers to a factoring partner and may be paid for referrals.
MILE02WEEKLY VIEW
A week with both
Tap through an EXAMPLE week: loads on the left, booked by the desk and approved by you, and factoring payments on the right, landing the next business day after clean paperwork.
LOADS (BOOKED BY THE DESK, APPROVED BY YOU)
- MONDelivered: $1,500
- TUEDelivered: $1,250
- WEDDelivered: $1,650
- THUApproved next load
- FRIDelivered: $1,100
- MONRolling
PAYMENTS (FROM THE FACTOR)
- TUEAdvance: $1,425
- WEDAdvance: $1,188
- THUAdvance: $1,568
- MONAdvance: $1,045
EXAMPLE: 95% advances, next business day after paperwork. Your factor's terms set the real timing.
MILE03HOW THEY CONNECT
How the two fit together
- 01We find the load. Searched, negotiated and broker-checked by the dispatch desk.
- 02You approve it. Yes or pass. The rate con comes straight to you, and you sign it.
- 03You deliver. Signed BOL or proof of delivery at every stop.
- 04Paperwork goes to the factor. From your phone, with our reminders and checks on what's missing.
- 05The factor funds you. On its terms, often the next business day.
MILE04WHAT STAYS YOUR CHOICE
What stays your choice
- Whether to factor. Optional, always. Many carriers we dispatch don't factor at all.
- Which factor. Our partner, or anyone else. We work with your notice of assignment either way.
- Which loads. Every load is an offer you can pass on.
- Which invoices. If your factoring agreement allows choosing, that choice is yours.
MILE05PRICING
What each service costs
| Service | Fee | Who sets it |
|---|---|---|
| Dispatch | 7% / 5% / 4% of gross on loads hauled | Us; see rates and fees |
| Factoring | A fee per invoice, plus any extras in the agreement | The factor; quoted to you |
The dispatch fee rules are on rates and fees. Factoring costs are explained on factoring rates. We refer carriers to a factoring partner and may be paid for referrals.
MILE06PAPERWORK
Paperwork that keeps both moving
Clean BOLs
Signed at every stop, photographed before you leave the dock.
NOA on file
We make sure each new broker has your notice of assignment before the first load.
Accessorial proof
Detention times and lumper receipts with the invoice, not weeks later.
MILE07IF YOU LEAVE
If you leave the dispatch service
Your factoring agreement is between you and the factor. If you stop using our dispatch, factoring continues on its own terms until you end it under those terms. Your broker setups are under your MC, so they stay yours too.
If you stop factoring, the factor sends your brokers a release, and they pay you directly again. Dispatch carries on unchanged.
MILE08WHO IT SUITS
Who uses both
Carriers who use dispatch and factoring together usually share a few traits.
- New authorities. No payments for the first month and few broker approvals. Dispatch finds brokers that book new MCs; factoring covers the cash gap.
- Owner-operators on the road. No time for boards or paperwork follow-up. The desk books and reminds; the factor pays.
- Growing fleets. Every new truck widens the cash gap and adds booking work. Both services scale with the trucks.
- Carriers with many brokers. More brokers mean more invoices to chase. One factor collects from all of them.
MILE09COMMON QUESTIONS AT START
What carriers ask before starting
Is my rate con still mine?
Yes. The broker sends it straight to you, under your MC, and you sign it.
Does the factor see my loads?
Only the ones you submit for funding, with the paperwork you send.
Can I switch factors later?
Yes, under your factoring agreement's terms. Dispatch doesn't change.
Who do I call when a payment is late?
The factor for funding questions; the desk for anything about the load itself.
MILE10WHAT WE DON'T DO
Where the line sits
We don't factor invoices ourselves, hold your money, or sign anything for you. The factor is a separate company with its own agreement. We refer carriers to a factoring partner and may be paid for referrals; that doesn't change the dispatch fee or how we book loads.
We also don't require you to factor with our partner to get good loads. Brokers book carriers whether they factor or not, and whichever factor you use, our job on the dispatch side is the same.
MILE11GETTING STARTED
Starting both at once
Apply for dispatch and request a factoring quote, in either order. The dispatch application takes about two minutes; the factoring quote takes about the same. We use your dispatch details to help fill the factoring form, so you don't type everything twice.
Read how we dispatch for the dispatch side, and the freight factoring overview for the factoring side. Ready? Start dispatch.
MILE12FAQ
Dispatch and factoring FAQ
Q01How fast is payment when dispatch and factoring work together?
As fast as your factor funds clean paperwork, often the next business day. Dispatch helps by making sure brokers have your notice of assignment and that the paperwork for each load is complete.
Q02Who sends the invoice to the factor?
You or your factor's process, under your MC. The rate con is in your name and comes straight to you. We help put the packet together: the signed rate con, BOL and proof of delivery.
Q03Does factoring change how loads are booked?
No. We still find and negotiate loads, check every broker, and bring each one to you to approve. A factor's broker credit check can be one more input before an offer reaches you.
Q04Can my dispatcher handle factoring paperwork?
We help: reminders, checking that every stop's signature is there, and making sure brokers have your notice of assignment. The account with the factor is yours, and so is the decision to factor.
Q05Do I have to factor to use your dispatch?
No. Factoring is optional. Many carriers we dispatch don't factor, and those who do can use our partner or any factor they choose.
Q06Do I have to use your dispatch to factor?
No. The factoring quote form works on its own, and the factor's terms don't depend on our dispatch.
Q07What do the two services cost together?
Dispatch is 7%, 5% or 4% of gross on loads you haul, depending on authority age, fleet size and equipment. Factoring is quoted separately by the factor. The two fees are separate.
Q08What happens to factoring if I stop dispatch?
Nothing changes on the factoring side. Your agreement with the factor continues on its own terms until you end it under those terms.
Q09Is there a discount for using both?
The dispatch fee is the same whether you factor or not, and the factor quotes its own rate. We don't bundle or hide one fee inside the other, so you can compare each on its own.
Q10Can the dispatch desk talk to my factor?
With your permission, yes, for things like confirming a broker has your notice of assignment or that paperwork was received. The account and the decisions stay yours.
Q11Does using both make approval easier?
It can help a little: complete paperwork, a notice of assignment already on file with brokers, and loads from brokers that pass credit checks all make a factor's job easier. Approval still depends on the factor's own review.
Q12Can I add factoring later?
Yes. Many carriers start with dispatch only and add factoring when cash gets tight, a truck is added, or slow brokers pile up. Request a quote whenever it makes sense; nothing about dispatch changes.
Get my factoring rate
We refer carriers to a factoring partner and may be paid for referrals.