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WEX’s Fleet One Factoring helps you get paid faster and protect your fleet from lost revenue.

With rates as low as 1%, we can tailor a factoring program to meet your needs to keep things running smooth.

Ready to get started? Sign up today.

Benefits

Same-Day Funding

Experiencing a cash crunch? Get funds within 24 hours. Fleet One Factoring 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.

Recourse & Non-Recourse Funding

WEX’s Fleet One Factoring offers the flexibility of both recourse and non-recourse funding. In recourse funding, your fleet assumes the credit risk for any invoices that cannot be collected. In non-recourse funding, WEX takes on the risk.

Cost Effective Solution

WEX Fleet One Factoring offers competitive rates starting as low as 1%. There are 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.