TruckSmarter is a financial technology company and is not a bank. Banking services provided by Thread Bank, Member FDIC. The TruckSmarter Visa Debit Card is issued by Threrad Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. and maybe used everywhere Visa is accepted.
It’s fast. It’s flexible.
It’s driver-first factoring.
Yep, we pay fast–but there’s more to it. Hold on to your freedom and your funds with a low rate, no annual contracts or hidden fees, and payments 7 days a week. Boost your cash flow and power up your business.
AS 1.9%
2.5%
Click. Click. Cash.
1
Take a clear photo of your rate con and POD with our in-app scanner and we’ll generate and manage your invoices.
2
The second your invoice is cleared, we’ll deposit payment to your TruckSmarter Checking Account with FDIC-Insurance*** on deposits through our banking partner Thread Bank, Member FDIC.
The TruckSmarter Visa debit card is issued by Thread Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa cards are accepted.
3
Use your TruckSmarter Card anywhere Visa is accepted or keep money in your account and earn 2.66% APY!**
Factor a load, however you like! On both mobile and desktop, you can get paid fast, track payments, and contact our support team with ease.
Build, manage, and grow your profit with a free suite of banking tools to help you earn, spend, and save smarter.
Track expenses & revenue
Set, adjust, and hit your savings goals with a breakdown of where you spend your money and insights into your transactions.
Factoring advances
Drivers who factor with us can now request a factoring advance directly from the app. Get paid up to 50% immediately after pick up.
TruckSmarter Debit
Use your TruckSmarter Debit Card anywhere Visa is accepted and get free withdrawals at 55K ATMS.
Earn 2.66% APY**
Factor with us and watch your money make money in the high-interest bearing TruckSmarter Checking Account.
FDIC-insurance*** on deposits
Keep your money safe in the TruckSmarter Checking Account! Your funds are FDIC-insured up to $3,000,000*** through our banking partner Thread Bank; Member FDIC
Fuel discounts
Factor with us and get extra fuel savings on top of the listed TruckSmarter Fuel Discount. Plus you may be eligible for Fuel Line of Credit.
non-recourse Protection
This means if a broker goes bankrupt before paying you, we take the hit so you and your business can keep moving.
4K+ APPROVED BROKERS
When you factor with us, you work with vetted, trustworthy
freight brokers.
To ensure you’re working with trusted partners, we only factor loads from brokers we’ve vetted through a free credit check.
To make it easy to spot the load boards for brokers we factor with (who passed a credit check), we tag them as “Factorable.”
Have a broker you love to work with? Request them in the app and we’ll conduct a free credit check instantly.
No Hidden fees. Ever.
Freight factoring for your trucking business is straightforward with TruckSmarter. When you factor with us, you don’t have to worry about upload fees, cancellation fees, reserves, minimums, or obligations.
