Sign upA brokerage with little or no payment history on file can be limited or denied credit by factoring companies, carriers and shippers. Usually that is not a judgment about how you pay. It is that nobody has put on record how you pay.
$199 per year. Cancel anytime.
Why it happens
Broker credit works differently than most people expect. The file is assembled from what other companies report about your payments, so a brokerage whose carriers never report has an empty file no matter how reliably it pays. Nothing in that process ever asked you for anything, and until now there was no way to add to it. That empty file is what other companies have to make a decision from.
What it costs
May decline to fund loads booked with you, or set a low credit limit on your brokerage. A carrier who cannot factor your load often will not take it.
May ask for quick pay, price the uncertainty into the rate, or pass on the load entirely. The safest carriers are the ones who check first.
May ask for payment references you have no way to produce, especially on a first contract or an RFP.
How it works
Credit Score Building & Monitoring gives you the one thing the process never offered, which is a way to put your own verified payment record on file.
Open the same report a carrier or a factoring company sees when they look you up. Your score, your payment picture, your authority and bond, and any warnings on file.
Pick a carrier you haul with, or any company you pay, and send them a request from your own email. They answer a short form about how you pay them. You never enter the numbers yourself, which is exactly why the answer is worth something.
Our staff confirm each response directly with the company that gave it, by phone. Nothing reaches your score on a form submission alone.
Once two different companies have confirmed how you pay, their answers start counting toward your score. Keep adding references and the picture gets stronger.
What is included
Broker questions
Plain-language answers for brokers putting their own payment record on file.
Pay your carriers on time and make sure that record is visible. Broker credit files are assembled from what other companies report, so a brokerage whose carriers do not report has nothing on file no matter how well it pays. SureLoadr lets you ask the companies you pay to confirm your payment record directly, verifies each answer by phone, and adds the verified ones to your file.
Usually because there is not enough payment history on file to say how you pay, rather than anything negative about your brokerage. A factoring company deciding whether to fund a load against your credit needs evidence. With nothing on file, the safe answer for them is a low limit or a decline.
Yes, and it is the most common reason brokers start. A new authority has no payment record by definition, so the fastest route is to have the carriers you already pay confirm it. Two verified references is the point where your own payment record starts counting toward your score.
It depends on how quickly the companies you ask respond. A reference takes about a minute to answer, and we verify it by phone within a few business days. Most brokers send several requests at once, because two confirmed references is where it starts to count.
Any company you pay. Carriers you haul with are the strongest, because they speak to freight payment directly. You can also use companies outside freight that you pay regularly, such as your bond provider or a supplier, and those are recorded with less weight.
It still counts. You choose who to ask, and the answer stands whatever it says. That is what makes a verified reference worth anything to the carrier or factoring company reading it, and it is the difference between a credit file and a page of testimonials.