WEX / Fleet One Factoring is a custom accounts receivable financing program designed exclusively for transportation companies just like yours.

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Recourse / Non-Recourse Funding

WEX Fleet One Factoring offers recourse and non-recourse funding programs to fit your business.

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No Monthly Minimums / Same Day Funding

WEX Fleet One Factoring ensures that money from your approved invoices is delivered within 24 hours.

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Fuel Card Funding / Discounts

WEX Fleet One Factoring will fund your WEX Fleet One fuel cards for free. Need discounts? We’ve got them.

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Trulos Transportation and Fleet One have teamed up to bring some of the best Factoring products to the Trulos Users. Fleet One Factoring is a great financial partner for trucking companies. They will design a solution to grow your company without debt, handle a large part of your back office needs and they really really want you to succeed. Best of all they support Trulos and are a big reason we are able to deliver our free truckload board and other tools.

General Questions

A factoring company purchases freight bills at a small discount, providing up-front funds to a client for unpaid invoices. Instead of having to wait 30, 60 or 90 days for your customer to pay you, a factor can get you that money in as little as 24 hours.

Factoring is an excellent way of getting cash fast without creating debts. At a bank, you may not be able to obtain additional loans for critical equipment such as trucks or trailers. More benefits include:

  • Free company cash flow for payroll and fuel.
  • Growing your business
  • FPersonal credit is not an issue
  • Collection services
  • Fast and easy

We provide a simple-to-use online account system that includes a wide variety of client reporting and real-time informational tools. If you have any special reporting requirements, we will gladly take care of them by e-mail and fax. We want to make it as simple as possible for our clients to be completely informed regarding their customers and their invoices.

Absolutely. In fact, it is one of the most popular programs we offer since it is one of the best in the trucking industry. We will provide your company with as many cards as necessary. In addition, the cards may be used at any of our 7,100+ in network sites across the country and offer substantial fuel discounts and rebates. The fuel card also allows our clients to take advantage of deep discounts on roadside assistance, as well as maintenance and tire services.