Been tried before, advertised on here before.
I think factoring is about the dumbest thing to do and this costs even more.
Forget the no advertising rule, give the whole breakdown and costs.
No broker/shipper/carrier is going to put money upfront into escrow
You're paying for "default" insurance
Set lists of onboarded brokers and set up along the way.
Registration
Payment Default Insurance
Dispute Resolution
Credit Checks
Escrow Mandates
Would you try a blockchain app for instant load payments 1–2%?
Discussion in 'Ask An Owner Operator' started by Mason1988, Jun 12, 2025.
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Correct. The question is how do you feel about blockchain / cryptocurrency. If it's easy enough to navigate, I would imagine %2 instead of anything higher would be worth a try.
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I'm all for blockchain related stuff but it's irrelevant in this industry, why not go challenge EPIC in the healthcare field with blockchain EHR for sharable medical records or something.
If you are bent on helping this industry, find a way to integrate blockchain transparency with brokers. I would love to see TQL sign on with ya ensuring they are only taking there fair share.D.Tibbitt and gentleroger Thank this. -
Stable Coin + smart contract
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If you are bent on helping this industry, find a way to integrate blockchain transparency with brokers. I would love to see TQL sign on with ya ensuring they are only taking there fair share.
Would do anything I could to solve an issue such as TQL - but god doesn't even know how to help that company.Tb0n3 Thanks this. -
What about pivoting to immutable BOLs or a Doc Exchange for insurance to reduce fraud on both ends? -
No,I get paid 1-2 hours after delivery and BOL signed and sent in.No fees charged for that.A lot of our customers are pre-paid,some are COD.
Sirscrapntruckalot Thanks this. -
It's easier to add the quick pay percentage to the rate and I have the piece of mind of a surety bond claim to get paid if need be. Why should I add some BS app and another set of hands in my pocket?
Siinman Thanks this. -
2-3% vs 5-7% adds up.
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