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%.
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.
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.
Haul and deliver the load
Run the load as you normally would. Nothing about how you dispatch or drive changes.
Submit the invoice
Upload the rate confirmation, BOL, and invoice through your partner's online portal. Takes a few minutes.
Broker and invoice are verified
Your factoring partner confirms the broker's credit and the paperwork, then approves the invoice for funding.
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.
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 |
|---|---|---|
| Rate | Lower, typically the cheaper starting point | Higher, priced for the added protection |
| Who carries broker credit risk | You do. If the broker never pays, you repay the advance. | The factoring company does, if the broker becomes insolvent. |
| Best fit | Carriers with strong, known broker relationships | Carriers running with newer or higher-risk brokers |
| Disputed freight | Not covered. Damaged, rejected, or disputed loads are excluded. | Also not covered. Non-recourse protects against non-payment, not disputes. |
| Approval speed | Typically faster to get started | May require a closer look at the broker before approval |
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
Best for: Owner-operators and small fleetsA 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.
OTR Solutions
Best for: Growing fleets with higher invoice volumeBuilt 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.
RTS Financial
Best for: Carriers hauling a mixed freight profileDeep broker network familiarity and efficient NOA processing. Works well for carriers moving a wide mix of freight types and broker relationships.
Not sure which fits your operation? Tell us about your fleet and we will recommend one.
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.
Tell us about your operation
Fleet size, freight types, and current broker relationships. Takes about 10 minutes.
We match you to a partner
Based on your profile, we recommend Riviera Finance, OTR Solutions, or RTS Financial, and explain why.
Complete the partner application
MC number, DOT number, insurance certificate, and W-9. We walk you through it so nothing gets held up.
Start factoring invoices
Once approved, submit invoices through the portal and get funded same day or next day on approved loads.
Straightforward funding, without the fine print surprises
Rates from 1.5%. No surprises.
Every fleet size gets access to the same starting rate. Your exact rate depends on invoice volume, broker credit, and recourse or non-recourse, confirmed during onboarding.
Owner-Operator
Small Fleet
Growing Fleet
*Actual rate depends on invoice volume, broker credit, and recourse or non-recourse choice, confirmed during onboarding with your matched partner.
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.
Questions carriers ask before they start factoring
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.