Freight Factoring

Know your carriers
before you fund them.

Carrier risk assessment built for factoring companies. Vet carriers before purchasing invoices, flag high-risk new authorities, and monitor your funded portfolio automatically.

19
Risk Factors
10+
Data Sources
3
Free Credits
<10s
Per Assessment
The Problem

Factoring carries carrier risk you cannot always see

Your business depends on carriers staying operational. When they do not, your funded receivables are at risk.

You are funding carriers you do not fully know

When you purchase a carrier's invoices, you are extending credit based on their ability to keep operating. A carrier that loses authority or insurance puts your funded receivables at risk.

New authority carriers are high risk

Many factoring clients are new carriers with recently issued authority. These carriers have no track record, limited insurance history, and higher failure rates in the first two years.

Fraud signals are easy to miss

Double-brokered loads, suspended authority, and carriers operating without proper insurance are real risks. Manual checks across scattered data sources leave gaps.

Funded portfolio risk changes daily

A carrier you approved last month could have their authority revoked tomorrow. Without ongoing monitoring, your portfolio carries risk you cannot see.

The Solution

Every feature built around factoring risk

Problem: Unknown carrier risk

19-Factor Risk Scoring

Score every carrier before you fund them. Authority age, fleet size, insurance adequacy, crash history, BASICS scores, cancellation patterns — 19 factors combined into a single risk tier. Know in seconds whether a carrier is worth the risk.

34MODERATE RISK
HIGH RISK

New authority, insurance gaps, and prior cancellations. This carrier needs further review before funding.

Problem: High-risk new carriers

New Authority Detection

Authority age is a weighted risk factor. Carriers with recently issued authority are automatically scored higher risk. Set your own threshold — decline carriers under 6 months, flag carriers under 2 years, or adjust to match your risk appetite.

Authority Age Threshold
Under 6 monthsAuto-decline
6 months – 2 yearsFlag for review
Over 2 yearsStandard vetting
Thresholds are fully customizable in your risk model.
Problem: Missed fraud signals

Insurance & Authority Verification

Real-time verification of operating authority status, insurance coverage, and filing history. Auto-decline rules catch unauthorized carriers, zero-fleet operators, and underinsured carriers before you commit.

Auto-Decline Rules
Not authorized to operate
Zero power units
BIPD insurance below required
Active OOS order
Problem: Changing portfolio risk

Funded Portfolio Monitoring

Add every funded carrier to your watchlist. Weekly automated monitoring catches authority revocations, insurance lapses, OOS orders, and safety events. Critical alerts tell you when to act immediately.

Portfolio Alerts1 critical
Critical
RIDGELINE HAULING CO
Authority revoked — carrier can no longer operate legally
Info
CLEARWATER CARRIERS LLC
MCS-150 update filed — fleet size changed from 8 to 12 units
Weekly digest emails included
Everything Included

What you get with every assessment

19-factor composite risk score
AI-generated executive summary
AI-powered web research with source links
Secretary of State business entity verification
Related carrier discovery with officer/agent matching
Insurance timeline with cancelled vs. replaced detection
Full crash and inspection history
Authority and revocation tracking
EIN cross-check between FMCSA and state records
One-click watchlist monitoring with weekly alerts
Customizable risk model with auto-decline rules
Get Started Today

Start vetting carriers before you fund them

3 free credits. No payment required. See how CarrierBook Intelligence fits into your factoring workflow.

3 free credits includedNo credit card requiredMagic link sign-in