Straight answers about how factoring with us works.
You sell your unpaid freight invoices to us. We pay you most of the invoice right away, then collect from your broker or shipper. It is a sale of your invoices, not a loan.
A flat 2% of each invoice. We advance 98%. There are no reserve holds and no wire or ACH fees.
No. You receive the full 98% advance when we fund. Nothing is held back waiting on your broker to pay.
Invoices received by 2pm PT are funded the same business day, once the load is verified.
The invoice, the rate confirmation, and signed proof of delivery (bill of lading). Complete paperwork means faster funding.
Yes. We send a Notice of Assignment so your broker knows to pay Mir Capital directly. This is standard practice in trucking, and brokers see it every day.
Our agreement is recourse factoring, so if a broker fails to pay within the agreed period, the invoice is returned to you. We’ll explain the terms before you sign.
You’ll sign a simple factoring agreement. We’ll walk you through the term and any notice period before you commit, with no surprises.
Carriers, from owner-operators to small fleets, with an active MC and USDOT and customers who pay on terms.
Click Apply now and fill out the short form. We’ll review it and contact you.
Still have a question? Contact us or apply now.