Factoring
WEX Capital helps you get paid faster and protect your fleet from lost revenue. We can tailor a factoring program to meet your needs to keep things running smoothly. Ready to get started?
Benefits
Same-day funding
Experiencing a cash crunch? Get funds within 24 hours. WEX Capital gives you immediate access to your accounts receivable. Factoring is not a loan, and no banks are involved—the money you’ll receive is already owed to you.
Cost effective solution
WEX Capital offers competitive rates with no hidden fees, no monthly minimums, and no limits on the amount of funding we can provide.
Reliable service
With 28 years of experience in trucking finance, WEX is the trusted industry leader. We offer outstanding support, including free credit analysis and a dedicated representative. Application and set-up is easy, and you’ll get 24/7 online account access.
Factoring-funded fuel card
Our factoring-funded fuel card is one of our most popular programs. Funds come in from your factored invoice and go directly into your fuel card account. You’ll get discounts and rebates on fuel, tires, maintenance and more.
Flexibility
We can factor as many or as few of your invoices as you’d like. Our representatives will make recommendations based on your needs. We buy freight invoices from all types of customers, including brokers, shippers and freight forwarders.