Factoring vs Net-30 for Dump Truck Invoices: When Factoring Pays
Factoring costs 2–4% of gross. Worth it only if you have 30+ days of cash gap and a truck payment due. If you have 60 days of reserves, Net-30 direct beats factoring every time.
Factoring feels like free money the first month and expensive money the twelfth. Run the numbers before you sign a 12-month contract.
The three factoring companies dump truck operators use
| Company | Advance % | Fee | Contract | Best for |
|---|---|---|---|---|
| RTS Financial | 95–97% | 1.5–3.5% | Month-to-month available | Newer operators, flexible |
| Apex Capital | 95% | 1.5–3% | 12-month typical | Larger fleets, best rates at scale |
| OTR Solutions | 97% | 2–4% | Month-to-month | One-truck ops with mixed customers |
When factoring makes sense
- You're running Net-30 GC invoices and can't cover next week's fuel
- Truck payment is due before your biggest customer pays
- You have <2 months of operating reserves
When Net-30 direct is cheaper
If you have 60+ days of reserves, factoring at 2.5% is a $6,000/year expense on $240k gross. That's a payment on truck #2. Build the reserve, kill the factor.
Our editorial desk turns official guidance, public records, and operating assumptions into practical resources for dump truck business owners.
Estimates are labeled, methodologies are explained, and regulatory claims link to primary sources where available.
All 6 modules, 12 bonuses, and the GC directory — $39 one-time, lifetime access.
Enroll for $39