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financial calculator

Factoring Cost Calculator

See what factoring is costing you per month and per year against your gross.

  • Updated July 10, 2026 · reviewed by the Bonafide Dispatch operations team
  • Free · no signup · nationwide (all 50 U.S. states)
  • 2026 U.S. freight benchmarks built in
Quick answer

A 3% factoring fee on $20,000 monthly gross is $600 — $7,200 a year. Most carriers can negotiate to 1.5–2.5% non-recourse.

Updated Reviewed by the Bonafide Dispatch operations teamFree · No signup · Works nationwide (all 50 U.S. states)
Quick facts
Category
Financial
Formula
Factoring Cost = Gross Revenue × Factoring Rate.
Inputs
2
Best for
Owner-operators & fleets
Inputs
Results
Monthly factoring cost
$600
Annual factoring cost
$7,200
Hit per mile (9k mi)
$0.07
2026 U.S. reference benchmarks
Reviewed quarterly · DOE EIA · ATA · ATRI · FMCSA · DAT/Truckstop
Recourse factoring fee range
1.5% – 3.5% of invoice

Source: IFA + carrier surveys, 2026

Non-recourse factoring fee range
2.5% – 5% of invoice

Source: IFA + carrier surveys, 2026

Typical broker pay terms (net)
15 – 45 days

Source: TIA broker pay survey, 2026

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What this calculator does

See what factoring is costing you per month and per year against your gross.

Definition
Factoring Cost — Factoring sells your invoice to a third party for immediate cash, minus a fee. It accelerates cash flow but reduces revenue.

Why it matters

Owner-operators and fleet managers across the United States — from Texas and California freight lanes to the Midwest and Southeast — rely on the factoring cost numbers to price loads, negotiate with brokers, and protect margin. Getting this figure right is the difference between a profitable week and a break-even one, and it's the same math our dispatchers run on every load we book.

Methodology

This calculator uses the industry-standard formula shown below. Inputs and defaults are based on Bonafide's day-to-day dispatch operations across U.S. carriers, cross-checked against FMCSA guidance and DAT/Truckstop market data. Results render as plain text (not canvas or images) so they're readable by screen readers, search engines, and AI assistants.

How to use it

  1. Step 1
    Use your real rate

    Check your factoring statement — fees often run higher than contract.

The formula

Factoring Cost = Gross Revenue × Factoring Rate.

Worked examples

  • Example 1
    Solo, 3% recourse
    gross
    20000
    rate
    3
    Result: $600/mo, $7,200/yr

FAQ

Is factoring worth it?

If brokers pay in 30+ days and you can't float fuel, yes. If you have reserves, skip it.

Recourse vs non-recourse factoring?

Non-recourse protects you from broker default but costs 0.5–1% more.

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