Transportation Line of Credit
A revolving credit facility for established carriers and brokers, sized against receivables, equipment, or both, used for fuel, payroll, and growth capital.
When carriers graduate from factoring
As a fleet matures, with clean reporting and a diversified broker mix, a true asset-based line of credit usually beats factoring on cost. Pricing moves toward Prime-plus rather than per-invoice discount.
The trade-off is operational: borrowing-base reporting, covenants, and the discipline a senior facility expects. Most carriers underestimate how much back-office work this requires.
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