Trucking and Transportation
The trucking industry operates on a fundamental cash flow contradiction — your costs are immediate, but your revenue is delayed. Fuel, maintenance, insurance, tires, permits, and driver payroll are due now. Meanwhile, freight brokers, shippers, and logistics companies routinely pay on 30- to 60-day terms. For local trucking companies operating in Oklahoma, that gap can be the difference between growing your business and struggling to keep up.
Hexagon Commercial Finance specializes in working with local Oklahoma trucking companies and their regional invoicing relationships. We understand the dynamics of local and intrastate freight, the relationships between carriers and local brokers, and the day-to-day financial pressures that come with keeping trucks on the road.
How Trucking Factoring Works With Hexagon
The process is designed to fit into your existing workflow, not disrupt it. Once your account is established, here is how a typical transaction works:
You complete a load and generate an invoice to your broker, shipper, or freight customer. Rather than waiting 30 to 60 days for payment, you submit that invoice to Hexagon along with supporting documentation — typically a signed bill of lading or proof of delivery.
We verify the load and the receivable with your customer, then advance up to 95% of the invoice value directly to your account, usually within 24 to 48 hours. You have cash in hand to fuel your next load, pay your drivers, and cover operating expenses without missing a beat.
When your customer pays the invoice in full, we remit the remaining balance to you minus a small factoring fee. The entire cycle aligns with how your business already operates — load by load, invoice by invoice.
Why Local Trucking Companies Choose Hexagon
If you operate a large over-the-road fleet running freight across the country, there are well-known national factoring companies that specialize in high-volume, long-haul operations. They've built their business around that model and they do it well.
But if you're a local or regional carrier operating in Oklahoma — running shorter routes, working with local brokers, and building your business one relationship at a time — your needs are different. And so is the kind of factoring partner that makes sense.
National factors process thousands of transactions a day. They move fast and they move at scale. But that scale often means your account is one of many, and the personal attention that a smaller operation needs can get lost in the volume. If your invoicing is modest or your business is still growing, you may not be a priority in their portfolio.
Hexagon is built for a different kind of relationship. We're based in Oklahoma and we work almost exclusively with Oklahoma businesses. We take the time to know your operation, your customers, and your cash flow patterns. When you call, you talk to someone who knows your name and your business.
For owner-operators and small fleet companies that want a factoring partner who is genuinely invested in their success, that level of attention makes a meaningful difference. We may not be the right fit for a 200-truck national carrier — but for the local trucking company that wants a financial partner, not just a funding source, Hexagon is built for you.