RATES
CONTRACT TERMS
FEES
SERVICES
PAYMENT SPEED
SIGN UP
PROCESS
1.5% FLAT FEE
MONTH TO MONTH TERM
NO HIDDEN FEES
DEDICATED ACCOUNT MANAGER
INSTANT CREDIT CHECK AND FUNDING
MOBILE APP / WEB PORTAL
LESS THAN A COFFEE BREAK
3-4%
LONG CONTRACTS, HARD TO EXIT
ACH FEES, WIRE FEES, ETC
SLOW CUSTOMER SERVICE
LONG CREDIT CHECKS, SLOW FUNDING
24 / 48 HOURS SIGN UP PROCESS
EMAIL, PHONE, FAX
RATES
CONTRACT TERMS
FEES
SERVICES
PAYMENT SPEED
SIGN UP
PROCESS
1.5% FLAT FEE
MONTH TO MONTH TERM
NO HIDDEN FEES
DEDICATED ACCOUNT MANAGER
INSTANT CREDIT CHECK AND FUNDING
MOBILE APP / WEB PORTAL
LESS THAN A COFFEE BREAK
3-4%
LONG CONTRACTS, HARD TO EXIT
ACH FEES, WIRE FEES, ETC
SLOW CUSTOMER SERVICE
LONG CREDIT CHECKS, SLOW FUNDING
24 / 48 HOURS SIGN UP PROCESS
EMAIL, PHONE, FAX
Check credit to ensure that EXO Finance will purchase the invoice
Submit rate confirmation and proof of delivery
Get paid instantly on approved invoices
“EXO Freight and their factoring business, EXO Finance have been a true partner to our business. They’ve actually brought us back to factoring because they’ve been honest and trustworthy from day one!”
One of our factoring representatives will reach out to you to get started.
Have more questions or want to learn more? Contact our factoring experts at
(248) 392-4581 or factoring@exofreight.com.
1. To utilize our factoring product, you first must sign up to become a carrier for EXO Freight
We require the following to join our network:
$100,000 Cargo Coverage
$1,000,000 Auto Liability
Active Common or Contract Authority
2. Upload the following documents:
W-9
MC/DOT Operating Authority Letter
Certificates of Insurance
3. Once you're an approved carrier, login to the carrier portal and navigate to the factoring page
Our factoring agreement is month to month, and we only require a 30-day notice to exit the contract. Our goal is to earn your business on every load.
Once your invoice has been approved, we issue payment immediatly to the ACH payment method we have on file. Typically those funds hit your bank account in 24-48 hours.
Yes, we’re serious. Every invoice is factored at 1.5%. We offer this low rate to all our carriers as a way to ensure they get the money they earned at a fair rate.
Start working with EXO Freight today and become a part of an expanding network of open deck carriers.
