FactorAvenue has launched a dedicated freight broker factoring module that manages the complete broker transaction: funding against shipper invoices, paying carriers on behalf of the broker and handling quick pay commissions, all within a single platform.
FactorAvenue’s broker module brings the entire transaction into one view. Shipper receivables, carrier obligations, settlement schedules, quick pay commissions and compliance monitoring, including FMCSA authority and bond status, are managed together. Factors get complete visibility and control over every load, from funding to final settlement, along with a clear picture of the revenue each transaction generates.
“Funding a freight broker means managing two sides of every load, the receivable from the shipper and the payable to the carrier. And inside that flow sits quick pay revenue that most platforms simply do not track,” Atul Kumar Yadav, founder of FactorAvenue, said. “We built this module so factors can see the complete money flow on every transaction, including what they are earning, not just what they are paying.”
The freight broker module is fully integrated with FactorAvenue’s core platform, including AI-driven invoice verification, risk scoring, collections and reporting.
