Freight Factoring in Charlotte, NC

Charlotte anchors freight across the Carolinas — the I-85/I-77 crossroads, CSX and Norfolk Southern intermodal terminals connecting inland to the Port of Charleston and Savannah, and a distribution base serving the fast-growing Southeast piedmont from one of its fastest-growing metros. Carriers here invoice brokers, 3PLs, and shippers on 30 to 60 day terms while running daily. Freight factoring pays at delivery: typically 90-97% advanced against the rate confirmation and POD. Y Millennial Funding offers freight factoring for Charlotte carriers and owner-operators, and revenue-based funding from $50,000 in monthly revenue, approved on receivables and revenue rather than credit. Factoring is the purchase of receivables, not a loan. Not all applicants qualify.