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Freight Factoring for Power Only Trucking Companies

Pulling someone else’s trailer shouldn’t mean waiting on someone else’s payment terms. Porter Freight Funding gives power only carriers same-day pay, instant broker credit checks, and a dedicated Account Resolution Team, so cash flow never depends on whose trailer you’re pulling.

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Call (205) 397-0934

Limited-Time Offer: 1.5% Introductory Factoring Rate

Eligible power only carriers can lock in one of the most competitive intro rates in the industry.

  • 1.5% factoring fee for your first 60 days
  • Up to 100% invoice advance rate
  • Same-day funding on approved invoices

*Applies to the first 60 days. 1-year recourse contract + 95% advance rate. Does not apply to Sprinter Vans or Boxed Trucks.

What Is Power Only Freight Factoring?

Power only trucking means you’re moving freight with your tractor while pulling a trailer you don’t own, whether it belongs to a broker, a shipper, or a drop-and-hook yard. That setup can create real cash flow gaps: you’re covering fuel, tolls, and maintenance on every load while still waiting 30 to 60 days for the broker to pay the invoice.

Power only freight factoring solves that gap. Porter Freight Funding purchases your invoice and pays you the same day you deliver, so you’re not financing someone else’s payment terms out of your own pocket. We work with dry van, reefer, flatbed, and specialized power only setups, and every account gets the same broker vetting, fraud checks, and support that our owner-operator and fleet customers rely on.

See how this compares to our dry van factoring, flatbed factoring, and reefer factoring programs, or start with the freight factoring overview if you’re comparing options.

Built for the Way Power Only Carriers Actually Run

No trailer to worry about doesn’t mean no risk. Here’s what protects your cash flow on every power only load.

Transparent Factoring, No Gimmicks

1.5% introductory rate for your first 60 days on power only loads. No hidden surprises in your rate or your reserve, just straightforward pricing you can count on.

Extended Chargeback Protection

A 90+ day chargeback policy gives brokers more time to pay before a chargeback ever touches your power only account, real runway, not fine print.

Dedicated Client Representative

A US-based rep in Birmingham, Alabama, assigned to take care of your power only account, not a rotating outsourced call center.

Free Unlimited Credit Checks

With PorterGO, check broker credit on every power only load as often as you need, and find fuel discounts right from the app.

A Financial Partner, Not Just a Lender

We help screen for double brokering and identity fraud before you’re exposed, because we’re here to help you run your power only operation better, not just fund your invoices.

Same-Day Funding

On every approved power only invoice, sent in via ACH, Wire, or your PorterFuel Card, up to 100% of the invoice value, no waiting weeks for the broker to pay.

Paid at Pick Up

Available with 24/7 Advances through PorterWallet, up to 50% of load value per truck, before your power only load even delivers.

Turn Referrals Into Revenue

Know other power only carriers? Porter’s referral program pays out for qualified referrals across our highest-earning equipment types.

Does Your Power Only Operation Qualify?

Power only is one of the equipment types we actively fund, alongside dry van, reefer, and flatbed. Eligibility is confirmed during underwriting, but here’s how most power only carriers line up.

Typically Eligible

  • Power only carriers pulling dry van, reefer, or flatbed trailers
  • Owner-operators and small-to-mid fleets nationwide (excluding CA, HI, AK, and Canada)
  • Hot shot power only setups running 30ft-40ft trailers
  • New authority carriers running power only, per underwriting approval
  • Brokerages with at least 1 year of active experience that also move power only freight

Typically Not Eligible

  • Cargo or sprinter van operations
  • Carriers currently holding an active MCA loan
  • Hot shot setups pulling trailers under 30ft, or car haulers not running a semi
  • Dump truck operations
  • Carriers or brokers based in California, Hawaii, Alaska, or Canada

Not sure where your setup falls? New authority carriers and existing fleets can both get a straight answer, fast.

How Power Only Factoring Works With Porter

1

Haul the Load

Run your power only load with your tractor and the trailer provided by your broker or shipper.

2

Submit the Invoice

Send us the invoice and paperwork through PorterGO or your account portal once the load delivers.

3

Get Verified

We confirm delivery and run our broker credit and fraud checks so you’re not carrying that risk.

4

Get Paid Same Day

Funds land in your account the same day, not 30 to 60 days later.

Power Only Factoring Questions, Answered

What is power only freight factoring?

Power only freight factoring is invoice factoring for carriers who haul loads using a trailer they don’t own, such as a broker-provided or shipper-provided trailer. Porter Freight Funding purchases the invoice for that load and pays the carrier the same day it delivers, instead of the carrier waiting on the broker’s standard 30 to 60 day payment terms.

Yes. Once your invoice and delivery paperwork are submitted and verified, approved power only invoices are funded the same day, the same as our dry van, reefer, and flatbed accounts.

Yes. Power only is one of our actively funded equipment types. Because the risk profile differs from a carrier hauling their own trailer, every account still goes through our standard underwriting review before funding begins.

Eligible power only carriers can qualify for Porter’s 1.5% introductory factoring rate for their first 60 days, subject to a 1-year recourse contract and 95% advance rate. The introductory rate does not apply to Sprinter Vans or Boxed Trucks.

PorterWallet 24/7 Advances can advance up to 50% of a load’s value, up to $3,500 per truck, for enrolled customers, with a flat advance fee stacked on top of the standard disbursement transaction fee. This is separate from factoring, which pays out once the load has delivered and the invoice is verified.

Power only funding is evaluated per underwriting approval based on the specific setup. Hot shot power only operations generally need to run trailers of at least 30 to 40 feet to qualify; smaller hot shot trailers and cargo or sprinter van setups are not eligible.

Explore Factoring by Equipment Type

Freight Factoring Overview
Dry Van Factoring
Flatbed Factoring
Reefer Factoring
New Authority Factoring
PorterGO Mobile App

Get Your Free Power Only Rate Quote

We don’t run a personal credit check to give you a rate, so filling this out won’t affect your credit score. Tell us a bit about your operation and a member of our team will follow up with your power only factoring rate the same day.

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