FactorAvenue Introduced New Dedicated Freight Broker Factoring Module

FactorAvenue has introduced a freight broker factoring module that streamlines the entire broker funding process within a single platform. The solution manages shipper receivables, carrier payments, quick pay commissions, compliance monitoring, and settlement tracking, providing factors with end-to-end visibility into each transaction and its profitability.

The module is fully integrated with FactorAvenue's core platform, combining AI-powered invoice verification, risk scoring, collections, and reporting to help factors manage freight broker transactions more efficiently.

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Brean Capital Closed a $40 Million Transaction for The Fundworks, LLC