Aug 15, 2017 • Carriers

5 Best Things About Our Freight Factoring Company

5 Best Things About Our Freight Factoring Company

Why InstaPay is the Best Freight Factoring Company

Using a reliable freight factoring company like Trucker Path InstPay is a great option for owner-operators to better manage their cash flow. However, not all factoring companies are created equal. Here are five things that make InstaPay the best freight factoring company for you.

1. Non-Recourse Factoring – We Collect For You

Our non-recourse factoring means we assume liability to collect from your clients. We pay you for your invoices and we assume the risk to collect, not you. Choosing to factor with our factoring company allows you to operate risk-free and focus on running your business of hauling loads. Send us your bill of lading and rate confirmation right after you haul and we’ll get you paid!

2. Get Paid in a Day

It’s all in our factoring company name. With InstaPay, you no longer have to wait 30 or more days before getting paid by your clients. Our factoring company pays you within a day after hauling a load. it’s instant!

3. Flat Rate – No Fees

Our factoring company charges a one-time, flat rate which means there’s only a one-time charge of a small percentage of the invoice total. There are no hidden costs and you won’t be charged for ridiculous factoring fees that other factoring companies will.

We even offer a special rate on your first load and discounts for referring friends who want to use a freight factoring company like InstaPay as well!

4. The Most Transparent Factoring Company

There are no contracts or commitments with InstaPay, just a short list or terms to agree to. We don’t require you to factor with us for a specific amount of time or require a minimum volume. There is no fine print to worry about. We pride ourselves on being completely transparent.

You’ll never be forced to factor a specific volume or length of terms. Factor on your terms and use InstaPay anytime you want.

5. Easy to Use Right From You Phone

We know how busy you can be, especially when you’re always on the road. Factoring with InstaPay is easy to set up and even easier to use. Our user-friendly Truckloads app allows you to take pictures of your documents and send them right from your phone.

Don’t let your cash flow become an issue. Signing up with our factoring company is a breeze and you can get paid in a day! So what are you waiting for?

[button text=”Sign Up For InstaPay” href=”https://www.getinstapay.com” width=”250px”]

TagsFreight Factoring

Trucker Spotlight - Maggie Jessop <em>The Trucker Spotlight series explores the lives of truckers and their journey to make a difference in their industry. We interview different truck drivers to understand some life lessons that make them who they are today. We also learn more about their motivations, and the problems that they encounter on the job. We also tackle how Trucker Path's solutions helped them with what they do. The information that they provide helps inform other people who are looking to delve into the trucking world.</em> <h2></h2> [img src="https://truckerpath.com/uploads/2020/07/maggie3.jpeg" alt=""] <h2></h2> Today we are putting the spotlight on <strong>Maggie</strong>, who's a trucker and a blogger. She's a mother of eight kids (six sons, two daughters). She taught high school language arts over 20 years time while simultaneously managing a sewing manufacturing company. When her children grew up, she felt the need to learn something new so she wouldn’t get too old too fast. Let's get to know more about Maggie and her colorful story. <h2></h2> <h3><strong>How long have you been trucking?</strong></h3> I got my CDL when I was 52 years old and have been driving for 3.5 years. <h2></h2> [img src="https://truckerpath.com/uploads/2020/07/maggie5.jpeg" alt=""] <h2></h2> <h3><strong>What made you decide to be a trucker?</strong></h3> I went into trucking mainly to improve my circumstances financially. My previous work experience had been in school, office, and warehouse and I excelled in domestic skills like cooking, sewing, and child care. I got really tired of lady wages. It’s a struggle to make a living unless you’re a rock star, movie actor, or have a string of abbreviations following your name. Trucking was a whole new ballgame with strange new terminology and monster trucks and a terrifying and dangerous environment but it tripled my income. <h2></h2> [img src="https://truckerpath.com/uploads/2020/07/maggie2.jpeg" alt=""] <h2></h2> <h3><strong>Are there times of loneliness while driving? How do you deal with it?</strong></h3> Trucking can be boring and lonely if I let it be. I use my solitaire hours to think up ideas and write books in my head. During mandatory rest breaks, I write. So far, I have published two full size memoirs, two children’s books, and fifteen low content books like coloring books, notebooks, sketchbooks, and journals. Trucking and writing make a great team! Rest breaks are too long. I only need seven hours of sleep. <h2></h2> <h3><strong>What made you start a blog? Any chance you'll start your Youtube channel soon? Any plans of being a CDL Instructor?</strong></h3> I keep busy driving 60+ hours per week driving over 3,000 miles. I keep a blog called <a href="https://teachertailortrucker.com/">Teacher Tailor Trucker</a>. I am getting ready to publish my third memoir called Stranger in a Strange Land. My fourth memoir comes next and is called Search for the Highroad. It tells the story of my trucking life. I also put out new children’s books every few months. I am also planning to create a YouTube channel. I invested in a home recording studio and plan to record songs, contract voiceover work, and record audiobooks. <h2></h2> I plan to keep trucking until I can match my income as an author and voiceover artist. Since I have teaching experience, I’m sure I could be a CDL instructor, but my other plans will likely take precedence. <h2></h2> [img src="https://truckerpath.com/uploads/2020/07/maggie4.jpeg" alt=""] <h2></h2> <h3><strong>What are your trucking pet peeves?</strong></h3> My pet peeve in trucking is when little car drivers get too close and then want to cuss out the big rig drivers. Car drivers don’t seem to understand that a semi truck and trailer is over 70’ long and weighs 80,000 pounds when loaded. They take much longer to slow down safely. Cars beware! I try to be patient because I was once a little car myself, but sometimes I have to slam breaks and lay on the train horn to get their attention. <h2></h2> <h3><strong>Could you identify the current pain points in the trucking industry? And maybe some suggestions on how to fix them?</strong></h3> When I went to CDL school, trucking seemed to be a male dominated industry. I got yelled at, cussed out, made fun of, and told I was waaay too ladylike and persnickety. “You don’t belong in this industry!” they said. <h2></h2> They said I would get run over because I’m too nice. They said I’d get taken advantage of by the rough characters in the industry. They said I’d never make it and would give up when I finally realized I was out of my element. <h2></h2> I replied that just because I work like a man doesn’t mean I have to look like a man or act like a man. I said there’s no law in the universe that says truck drivers have to be fat and filthy and foul mouthed and illiterate. I told the naysayers, “I’m not leaving the trucking industry until I make it better.” <h2></h2> I’m still here. I am a professional driver. I have never had serious trouble on the road. Other drivers treat me with respect. If I ever break down, it’s not hard to find a decent truck driver to help me out. I’ve been treated better by truck drivers than I have by professional office people. <h2></h2> As a solo driver, I can control my own environment. I can choose my hours, dress how I please, eat how I please, listen to what I please. I keep my truck clean and I exercise every morning. I work hard and wear a dress because I’m a lady. <h2></h2> I mentioned one pet peeve, but the most unsavory thing about trucking that I’ve ever known is the rudeness and indifference that truckers deal with at shippers and receivers. Office and warehouse workers often treat truckers like they’re on the bottom of the totem pole. I don’t think there should be a totem pole. I believe that all of us should treat the rest of us with respect. <h2></h2> Those who have never been a truck driver have no clue what truck drivers deal with. I sure wasn’t aware before I became a driver. My respect has grown by leaps and bounds. Think about it. Every single thing you eat, drink, wear, or use in your home or business came from a truck. The Good Lord provided and a Trucker delivered. <h2></h2> [img src="https://truckerpath.com/uploads/2020/07/maggie6.jpeg" alt=""] <h2></h2> <h3><strong>Where can we read some of your stories on the road?</strong></h3> Here are some of my blog posts where I share thoughts and experiences about life on the road. My writing is more on the light side with a humorous approach to life while informing my audience of real life experience. Mine are not the norm but hey, if I can get one smile, it’s worth it. <h2></h2> <a href="https://teachertailortrucker.com/blonde-moments/">https://teachertailortrucker.com/blonde-moments/</a> <h2></h2> <a href="https://teachertailortrucker.com/mama-truckers/">https://teachertailortrucker.com/mama-truckers/</a> <h2></h2> <a href="https://teachertailortrucker.com/triple-trucker-trouble/">https://teachertailortrucker.com/triple-trucker-trouble/</a> <h2></h2> <a href="https://teachertailortrucker.com/hug-a-trucker-day/">https://teachertailortrucker.com/hug-a-trucker-day/</a> <h2></h2> <h2></h2> <h2></h2> <h4>By Aldous Aldwin</h4> <h3></h3> <h3></h3>

Jul 17, 2020 • Carriers

Lease Purchase Trucking [p]If you're a company driver, lease purchase trucking is a way for you to become an owner operator and eventually be your own boss, but consider all the factors before signing on. [/p] [h2] Lease Purchase Trucking[/h2] [p] You might consider a lease purchase trucking agreement if you've been a company driver for a few years now and you like the idea of <a href="https://truckerpath.com/blog/how-to-become-an-owner-operator/">becoming an owner operator</a> in order to earn more and create a more flexible schedule, right? We don't blame you! [/p] [p] The road to becoming an owner operator and running your own trucking company can be a bumpy one (though not nearly as bad as some of the California interstates) but as long as you understand the costs and have a plan, you can indeed succeed! [/p] [h2] What is Lease Purchase Trucking? [/h2] [p] Lease purchase trucking is when a carrier decides to become an owner operator by making payments on a truck leased to a trucking company. This end goal is to pay off the truck, generate a reputation for being a reliable carrier and then once the truck payments and term agreement expire, you can venture out to grow your <a href="https://truckerpath.com/blog/how-to-start-a-trucking-company/">trucking company</a>. [/p] [p] Lease truck payments can range anywhere from $300 to upward of $1,200 per week depending on if you choose a used or new truck and the trucking company you sign on with. [/p] [h2] Things to Consider in a Lease Purchase [/h2] [p] Trucks, like any piece of equipment, will require repairs and the costs to cover are the responsibility of the owner-operator. Truck repair costs can be up to $17,000 annually for an average OTR truck driver logging 100,000 miles. Therefore you must be extra cautious when considering a used truck lease purchase. [/p] [p]If the truck is used, be certain to review the repair records of the truck and double-check if another driver previously ran the truck as a lease. These might seem like common sense but being thorough in your examination of a used truck can save you from making a potentially disastrous mistake. [/p] [p]When you agree to a truck lease purchase, the company you sign with will ultimately decide your revenue because they decide your loads. Make certain that there is ample freight available and check load boards like <em>Truckloads</em> for regions and routes that they want you to haul through to see if there are enough loads to haul. [/p] [p] Keep in mind which <a href="https://truckerpath.com/blog/types-of-truck-freight/">type of truck freight</a> equipment you will be hauling. On average, flatbed loads are the highest paying truck load with freight often being oversized heavy machinery or other large goods for construction. [/p] [p] While most drivers haul dry van, consider the type of truck equipment you'll be using and if the company has the loads for it regularly or not. This can have a tremendous impact on your success as you transition for lease trucking into running your own trucking company. [/p] [h2] Use Truckloads Free Load Board [/h2] [p] As we mentioned before, you can use our free load board <em>Truckloads</em> to search for loads based on location and equipment type to double-check that there are ample loads available in a given area and for a specific freight type. Once you finish paying off your leased truck and have your <a href="https://truckerpath.com/blog/trucking-authority/">own trucking authority</a> without being signed to a company, you can use Truckloads to help you find the perfect loads to fit your needs. [/p] [video id=snyBYpnuhWw] [button text="Try Truckloads for Free" href="https://truckerpath.com/truckloads/free-load-board/?utm_source=Blog&utm_medium=truckfreight&utm_campaign=Aug10" width="250px"]

Oct 19, 2017 • Carriers

HAZMAT Transportation

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