Canadian trucking and B2B invoices
Trucking invoice factoring vs. automated follow-up: which fits your invoice?
Factoring can turn a receivable into cash before the customer pays. Follow-up asks the customer to pay an invoice you still own. The right choice depends first on whether you need an advance or can wait for a successful customer payment.
The short answer
If your carrier has issued a freight invoice to a broker or shipper and needs money before its due date, compare factoring quotes. If a carrier or other business customer already owes your shop an agreed, overdue invoice, check the billing hold and ask for payment. RemitRight can help with respectful text follow-up and a voluntary payment plan; it cannot provide cash up front or guarantee recovery.
What changes when you factor instead of following up?
These are different tools for different moments in an invoice’s life. A carrier factoring a freight bill it sent to a broker and a repair shop following up on a bill it sent to that carrier are dealing with different receivables.
What it solves
Invoice factoring
A cash-flow gap while a customer still owes you for a completed haul or other work.
Invoice follow-up
An agreed invoice is overdue and you need the customer to respond or arrange payment.
When cash arrives
Invoice factoring
The factor may advance cash before the customer pays. The amount and timing depend on the agreement.
Invoice follow-up
Only after the customer makes a successful payment, on your payment processor’s payout schedule.
Who owns the receivable
Invoice factoring
You sell your receivable to the factor under the contract.
Invoice follow-up
You keep your invoice; RemitRight does not buy it or advance against it.
What to compare
Invoice factoring
The quoted discount, advance rate, other fees, who collects, and what happens if the customer does not pay.
Invoice follow-up
Your time, card-processing fees and whether the customer will pay. RemitRight charges no business subscription or collection commission.
BDC explains that factoring sells receivables for earlier cash and that advance rates, discounts and other fees vary by contract. See its guide to factoring.
Choose by the problem in front of you
You need working cash before a customer pays
A carrier with approved freight bills may need funds now for fuel, payroll or the next load. Factoring can meet that timing need if a factor accepts the invoices. Ask for the amount advanced today, the balance released later, every fee, and the contract’s collection and non-payment terms.
You need an overdue customer to respond
A diesel shop, parts supplier or carrier may have an agreed invoice that has not been paid. Confirm the right accounts-payable contact, purchase order and payment status first. If the payer needs time, offer full payment or a voluntary plan. This route depends on the customer actually paying.
If an invoice is disputed, already sold, or tied to a legal deadline, review it with a person before starting automated follow-up. See the Canadian B2B invoice checklist for the accounts-payable checks.
Compare cost and cash timing together
There is no universal factoring percentage. A quote may include a discount plus setup, minimum or service fees; the advance can be less than the invoice’s face value. Read when the rest is released and what happens if the customer does not pay. Weigh the cost of earlier cash against the time and uncertainty of waiting for your customer to pay.
What RemitRight charges
There is no RemitRight business subscription, setup fee or collection commission. Standard card-processing fees apply to successful payments. Full payment has no RemitRight plan fee. If the customer chooses 3 monthly payments, they pay a disclosed 3% total plan fee; 5 monthly payments carry a 5% total plan fee. Each installment must succeed, and no funds are advanced to your business.
How voluntary payment plans workQuestions about trucking invoices and factoring
Can I factor an invoice that is already overdue?
Ask the factor. Eligibility and terms depend on the receivable, the customer and the factor’s risk review. Do not assume a past-due or disputed invoice will qualify. If the balance is agreed, direct follow-up may be a better first step.
Does RemitRight give my trucking business cash up front?
No. RemitRight does not buy invoices, provide an advance or guarantee collection. You receive funds only when your customer successfully pays, subject to your payment processor’s payout schedule.
What if the customer disputes the freight bill or repair invoice?
Pause automated payment requests. Check the rate confirmation, proof of delivery, work order, credits and accounts-payable records, then resolve the disagreement with a person before requesting payment again.
Can I use follow-up on an invoice I already factored?
Check the factoring agreement first. The factor may own the receivable or control collection and payment instructions. Do not send a second payment request until you know who has authority to collect it.
Have an agreed, overdue business invoice?
Check the payer and invoice details, then try a respectful request. RemitRight can follow up by text and offer a voluntary way to pay when you have an appropriate contact.
Start with one invoiceNo RemitRight business subscription or collection commission.
Prepared by the RemitRight team. Updated October 2, 2026. For trucking-specific collection steps, read how to collect an unpaid invoice from a trucking company.