Freight factoring for small fleets can be your cash flow hero. This financial service unlocks the cash tied up in your unpaid invoices. Here's how it works: you deliver your load and send the invoice, then a factoring company advances you a significant portion (usually 70-95%) right away. They handle collecting payment from your client, and once received, they release the remaining balance minus a fee. This way, you get fast access to funds to cover expenses, keep your fleet running, and grow your business without waiting on slow-paying customers.