Free Factoring Tool
Invoice Factoring Calculator. See What You Really Net.
Enter your weekly revenue and fleet size to see the factoring fee, the advance, and the cash that actually lands in your account — before you sign with anyone.
Run your numbersFree estimator
Do the math. It pays to factor with CFX.
Two quick questions, then see what CFX puts back in your pocket compared with a typical factor.
Step 1 of 3
How many trucks do you run?
Your estimate scales with your fleet.
Fleet size
Other factoring companies only take your money. CFX gives you everything you need to run your business — and if we don't have it, our partners do.
How to Calculate Invoice Factoring Costs
To calculate invoice factoring costs, multiply the invoice amount by your factoring rate to get the fee, then subtract that fee from the invoice to get your cash in hand. A $3,000 freight invoice at a flat 2% rate carries a $60 fee, so you receive $2,940 — the same day, instead of waiting 30 to 60 days for the broker to pay.
Invoice amount − (Invoice amount × factoring rate) = Cash in hand
Four steps to your real number
Start with the gross invoice
Use the full amount on the rate confirmation — line haul plus fuel surcharge, detention, layover, and any accessorials. Factoring is calculated on the gross, not on what you expect to clear.
Apply the factoring rate
Multiply the invoice by the rate to get the fee. A flat rate charges the same percentage no matter how long the broker takes to pay. A tiered rate climbs the longer the invoice ages, so a 1.5% headline can finish above 4% on a slow-paying customer.
Subtract every fee that is not the rate
Wire fees, ACH fees, monthly minimums, invoice-upload fees, application fees, and termination penalties all come off the same invoice. Two companies quoting the same rate can be dollars apart once these are added in.
Check the result against your cost per mile
Divide your net proceeds by the miles on the load. If that number is below your cost per mile, the load loses money whether you factor it or not — the rate was the problem, not the fee.
Worked example: a $3,000 load
A single dry van run, factored at a flat 2%. Rates vary by carrier, credit quality, and volume — this is illustrative industry math, not a quote.
- Invoice (line haul + accessorials)
- $3,000.00
- Factoring rate (flat)
- 2%
- Factoring fee
- − $60.00
- Total deducted
- − $60.00
Run five loads like that in a week and you are working with $14,700 today instead of chasing $15,000 forty-five days from now. That gap is the whole point: the fee buys back the six weeks of working capital you would otherwise finance out of your own pocket.
What actually moves your rate
- Flat vs. tiered. A tiered schedule prices the same invoice differently depending on how long it sits. Ask for the rate at 60 and 90 days, not just day one.
- Recourse vs. non-recourse. Non-recourse costs more but moves the credit risk off you if the broker never pays. Free broker credit checks are the cheaper first line of defense either way.
- Advance rate vs. reserve. Some programs advance a portion and hold the rest until the broker pays. CFX advances up to 98%, so most of the invoice arrives same day rather than in two pieces.
- The fees around the fee. $30 wire fees on ten invoices a week is $15,600 a year — larger than a full point of rate on most fleets.
Pricing a load rather than a factor? Work out your break-even first: Trucking cost per mile calculator
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