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Quick pay, standard net terms, factoring — everything carriers and owner-operators need to know about how freight broker payment works.
Carrier payment is one of the most common pain points in freight. Here's exactly how broker payment works, what your options are, and how to protect your cash flow.
Most freight brokers pay carriers on Net 30 terms — payment due within 30 days of receipt of a valid invoice and signed POD. Some offer Net 15 as their standard. Brokers paying Net 45 or Net 60 put significant cash flow pressure on small carriers and owner-operators.
| Option | Typical Cost | When to Use |
|---|---|---|
| Net 30 (standard) | No fee | When cash flow allows |
| Quick Pay (broker-offered) | 1.5%–3% of invoice | Cash in 1–3 days |
| Factoring (third party) | 1.5%–5% of invoice | When broker has no quick pay |
| Fuel Advance | Varies by broker | Cover fuel before delivery |
Slow payment is almost always caused by incomplete invoicing. Every invoice must include: rate confirmation number, signed POD (photo or scan), BOL number, your MC number and remit-to address, and invoice amount matching the rate confirmation exactly.
IZY Logistics pays carriers on Net 30 standard terms, with a quick pay option available. We review invoices promptly and communicate any issues right away. Ask about fuel advances on long-haul loads.
IZY Logistics is a licensed freight broker (MC #1615290) serving shippers across the United States. Get an all-in freight rate within 1 hour.
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