Factoring Options in Truckbase
Truckbase supports two types of factoring setups:
1. Integrated Factoring Companies
Direct integrations that automatically transmit invoices and documents:
APEX Capital
RTS Financial
Triumph Business Capital
eCapital
OTR Solutions
With integrated factoring, Truckbase:
Automatically sends invoice PDFs
Transmits rate confirmations and BOLs
Updates factoring status in real-time
Tracks which invoices have been factored
2. Other Factoring Companies (Email-Based)
For factoring companies without direct integration:
Manually enter company name, email, and address
Truckbase adds a "Notice of Assignment" to your invoices
You can email invoices and documents to your factoring company
Benefits of Using Factoring in Truckbase
Automatic Document Bundling - Invoices, rate cons, and BOLs sent together
Status Tracking - See which invoices are factored, processing, or have errors
Notice of Assignment - Automatically added to invoices (for non-integrated companies)
Bulk Processing - Send multiple invoices to factoring at once
Audit Trail - Track when invoices were sent and their current status
Getting Started
Decide which factoring company you want to use
If using an integrated company, contact your factoring rep for SFTP credentials
Set up your factoring configuration in Truckbase
Start sending invoices to factoring