The Broker Offers You Quick Pay and It Sounds Like Free Money. Read This Before You Take It.

Quick pay is exactly what it sounds like. Instead of waiting 30 to 45 days for standard payment terms, the broker accelerates payment — often within 24 to 72 hours — in exchange for a fee deducted directly from the rate. The fee is typically expressed as a percentage of the load value, most commonly somewhere between 1.5% and 5%, though it varies by broker and is rarely disclosed as a standardized line item. Two tools dominate this conversation: quick pay from the broker and freight factoring from a third-p ...