Freight factoring

WEX

No integration yet

WEX Capital buys freight invoices from carriers and offers funding linked to a fuel card. Customers can choose which invoices to factor and receive broker credit analysis and account support.

Visit company website(800) 314-1871Used by 7 fleets on Vektor

Factoring terms

Compare the offer before you commit.

Advance rate
–
Fee
1.4% fleet-paid
Funding speed
24 hours
Recourse
Non-recourse fleet-observed
Minimum monthly volume
$0
Notice of assignment (NOA) stamp
End of Invoice

Funding within 24 hours and no monthly minimums are advertised. The reviewed product page does not publish a fee percentage.

Source: published terms ·

A dash means a fact is not listed, not that it is zero. Confirm current rates, eligibility, reserves and charges with the company.

What fleets on Vektor pay

Median fee
1.38%
Observed fee range
1.25% to 1.75%
Fleets in this aggregate
4

Anonymised fleet-paid fees, separate from published terms. Individual agreements vary; these figures are not a quote.

Questions about WEX

What advance rate does WEX offer?

WEX has no published advance rate in this directory. Contact the company for a quote.

What are WEX's factoring fees?

WEX has no published fee range in this directory. Ask the company for its fee schedule.

Does WEX work with Vektor TMS?

WEX has no Vektor integration yet. Contact the company directly about its submission and notice of assignment process.

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Used by under 10 fleets on Vektor. Compare their published terms.