How many days after receiving your paperwork a broker has agreed to pay.
In moneyOn net 45 you carry the cost of the run for a month and a half before the money arrives.
What to doSend the paperwork the day you deliver, since the clock starts when they receive it; factor or take quick pay if you cannot wait.
Net 30 means payment is due 30 days after the broker receives your invoice and proof of delivery. Broker terms commonly run 30 to 45 days.
The terms are a promise, not a record. What a broker actually takes is days to pay, and the two often differ.
Your road from first idea to first load →
Related
Got a rate con in front of you? Paste it into the reader to see every term in it explained. Inteleri keeps these terms with your own loads and lanes: request early access.