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Sign up for Factoring

  • Updated

If you would like to have your loads factored by TruckSmarter, please follow this guide to see the step-by-step instructions for how to sign up.

To learn more about TruckSmarter Factoring, check out our [FAQ] Factoring with TruckSmarter article.

1. Do you have an existing factoring contract?

2. Tell us about your business

3. Sign the Notice of Assignment document

4. Tell us about yourself

5a. Share your business details

5b. (Optional) List the beneficial owners

Editing your application

 

⚠️ The details in this article example are fictitious. When using the TruckSmarter app, please enter your real personal details.

First, navigate to the Factoring tab and click the Start Factoring button:

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1. Do you have an existing factoring contract?

YES

If you are already in a factoring contract, please select Yes and complete the form so that our Factoring team can follow-up with you:

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NO

If you are not in a factoring contract, continue the sign up flow by selecting your entity type and entering your MC/DOT Number:

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2. Tell us about your business

Enter your business name and agree to the Factoring Services Agreement:

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3. Sign the Notice of Assignment document

To let us manage your payments, you must sign the Notice of Assignment document. Once you have read the document and have verified that the information is correct, click the blue signature fields to write your signature:

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Once you have signed the document, select the green Finish button to continue:

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4. Tell us about yourself

Submit your personal details so that we know how to contact you:

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5a. Share your business details

Lastly, your business details are required to complete the sign up process:

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5b. (Optional) List the beneficial owners

Please note that if your business entity is not a Sole Proprietorship and there are multiple owners who hold more than 25% of the company, you must add their personal details: 

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💡 If you are unable to find your business address from the search menu, select the Enter address manually button in the search window.

🎉 Congratulations, you are now ready to factor with TruckSmarter! Learn how to factor your first load in our Factoring a load article.

 

Editing your application

If you have not finished your application and you need to edit your information during the sign up process, you can return to the Factoring tab to edit your details. Simply click on the pencil icon to edit the specific step:

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