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Message:: [QUOTE="315wheelbase, post: 4614336, member: 153874"]sample invoice:INVOICE 315 Wheelbase 123 Maple Street Anytown, USA 55609 Phone: 900-555-1212 Fax: 900-555-1234 EMAIL: <a href="mailto:315wheelbase@myemail.com">315wheelbase@myemail.com</a> DATE: May 23, 2015RE: Load # 12345Transport baby buggy from Toledo, Ohio to El Paso, Texas.Loaded May 19, 2015Delivered May 23, 2015Freight Charges: $2,600.00Terms: Payment due on receipt of Proof of delivery. Attached: Signed BOL and Rate ConfirmationQuestions please call Thank you for your business,John Smith315 Wheelbase Don't factor the interest rate to receive your money 2-3 weeks faster will kill you.If you have to factor your invoices you are loosing a lot of money,Many times when I contracted a load from a broker I would ask to be paid after I delivered the load with no quick pay fees,,Most the time they agreed especially when they were desperate to move the load. The interest rates for factoring are criminal.A 5% factor fee is about 60% APR or more. Figure about 40 loads a year and $130/load factor fee equals over $5,200! That's a couple truck payments, a lot more if the loads pay more. I have met drivers that have paid over $10,000 in a year to factoring companies, It is cheaper to run on a credit card for your expenses[/QUOTE]