The answer has to come quickly
A good prospect may not wait days for a credit response.
FREIGHT FACTORING SOFTWARE
Freight Factoring Software Built for Faster, More Informed Client Approval
Move freight factoring deals from application to approval faster with carrier and owner verification, direct connection with FMCSA, background checks, fraud screening, UCC searches, bank verification, automated workflows, and connected closing.
ONE CONNECTED FREIGHT FACTORING WORKFLOW
Freight Factoring Origination and Credit in One Connected Workflow
Decipher is freight factoring software for transportation factors that connects client intake, carrier and owner verification, fraud and credit diligence, approval, closing, and downstream factoring operations. It brings the information your team needs into one deal workflow so legitimate prospects can move through credit faster without sacrificing diligence.
SPEED & DILIGENCE
Freight Factors Have to Move Quickly — and Verify More Than a DOT Number
A transportation prospect may be speaking with more than one factor, so speed matters. But credit still needs to know whether the carrier has authority and is legitimate, who is behind the business, whether existing liens need attention, whether the business owners have acceptable backgrounds, whether banking and identity information are consistent, and whether available freight-specific data raises questions that deserve additional review.
The carrier has to be legitimate
MC/DOT, authority, insurance, company information, and transportation status can provide important context early in the deal.
The people behind the business matter
Owner identity, background information, related businesses, and other diligence help the factor understand who it is evaluating.
Risk signals live in different places
Carrier information, banking, UCCs, background information, related companies, and transportation-specific fraud data can reveal inconsistencies when reviewed together.
FREIGHT FACTORING CREDIT WORKFLOW
From DOT Number to Credit Approval
Decipher connects the steps that move a freight factoring prospect from initial application through diligence, approval, closing, and factoring operations.
Capture
Digital application, CRM, referral source, or direct entry.
Verify the Carrier
MC/DOT and transportation information extracted automatically from FMCSA.
Verify the Owners
Identity and background diligence.
Screen Risk
Fraud signals, related businesses, and bank verification.
Check UCCs
Identify existing liens requiring review.
Review & Approve
Apply your credit workflow and approval requirements.
Close
Factoring agreements, disclosures, documents, conditions, and e-signature.
Connect
Move approved information into your factoring management system.
HOW DECIPHER SUPPORTS FREIGHT FACTORING TEAMS
Bring Carrier, Owner, and Risk Information Into One Deal
Decipher brings FMCSA data, business information, owner identity, background diligence, UCCs, bank verification, risk signals, workflow, and closing into the same freight factoring deal so teams can investigate exceptions without rebuilding the file across separate systems.
Start With Transportation Data
Use identifiers such as DOT or MC information to bring relevant carrier information into the application and verification workflow earlier.
Verify the Business and Owners
Bring business verification, owner identity, driver's-license validation, selfie verification, biometric matching, liveness verification, background reports, and related businesses into the same deal.
Bring Risk Signals Together
Compare carrier information, secretary of state information, ownership, background, related businesses, bank verification, UCCs, and transportation-specific fraud information to surface inconsistencies that may require additional review.
Keep Credit and Closing Moving
Use configurable requirements, workflows, tasks, statuses, approvals, factoring agreements, closing documents, and e-signature to keep the deal moving after diligence is complete.
FRAUD & RISK DILIGENCE
Surface Risk Signals Before Funding
A completed application or valid-looking DOT number may not tell the entire story. Decipher helps freight factors compare information across independent sources and surface inconsistencies that deserve further investigation before a client is approved.
See the signals together instead of investigating them across separate systems.
Deal / Carrier
Freight Factoring Application
Carrier Information
ReviewedDoes carrier information support what the applicant provided?
Owner & Background
ReviewedDoes identity and background information match the people represented in the deal?
Related Businesses
Review RequiredAre there associated companies that warrant additional review?
Bank Verification
ReviewedDoes banking information support the identity and business information provided?
Freight Fraud Data
ReviewedReview available transportation-specific fraud information, including FreightShield and Decipher's database of over 2.3 million carriers.
UCCs
ReviewedAre there existing liens requiring review?
CONNECTED FACTORING WORKFLOWS
From Credit Approval to Factoring Operations
Decipher connects with supported factoring management systems so relevant client and deal information can flow from intake through closing into downstream operations. Supported integrations, APIs, and webhooks help connect the process without replacing the FMS your operations team already relies on.
Where Deals Start
Website
Mobile App
Salesforce
HubSpot
Decipher
Referral / Broker
→
Decipher
Origination: Application + Carrier Data → Diligence: Identity + Background + Fraud + UCC + Bank → Credit Approval → Closing: Documents + E-Signature
Origination
Diligence
Approval
Closing
→
Downstream
FactorCloud
FactorEvo
ABLSoft
Other FMS / API
WHAT CHANGES WHEN DILIGENCE IS CONNECTED
Investigate the Deal Without Chasing the Data
When carrier, owner, business, bank, UCC, and risk information are connected to the same deal, the team can spend less time searching across systems and more time reviewing what actually needs attention.
Sales gets a clearer answer sooner
Credit can see a more complete diligence picture without waiting for information to be assembled manually.
Credit can focus on inconsistencies
Routine verification results and exception signals sit together in the same review.
Closing starts from an approved deal file
Factoring agreements, disclosures, documents, conditions, and e-signature can continue from information already collected.
Operations receives a cleaner handoff
Relevant approved client and deal information can move into the factoring management system through supported connections.
CUSTOMER PERSPECTIVE
Built for the Speed of Transportation Factoring
“We’ve been using Decipher since we started freight factoring years ago. The platform makes it easy to quickly and efficiently onboard and underwrite carriers and it has helped us manage a growing volume. It has also been very helpful in spotting fraud and to monitor our clients so to us it’s a no brainer. Decipher is continually being improved and its flexibility has allowed us to modify workflows to adapt to our changing needs.”
DECIPHER FREIGHT FACTORING WORKFLOWS
Explore the Decipher Workflows Behind Freight Factoring Client Approval
Freight factoring teams use Decipher to connect digital intake, diligence, configured credit workflow, closing, and downstream operations without turning the process into a collection of disconnected tools.
Digital Origination
Start from the lender website, CRM, Decipher, or supported APIs.
Underwriting
Bring carrier, owner, business, bank, UCC, background, and other diligence into the credit file.
Decisioning Workflows
Apply configured criteria, exception routing, tasks, and approvals.
Factoring Software
See how the broader factoring credit lifecycle connects to downstream operations.
FREQUENTLY ASKED QUESTIONS
Freight Factoring Software FAQ's
Freight factoring software helps transportation factoring companies manage the process of bringing new clients into their factoring program. Decipher connects with FMCSA and supports deal intake, carrier and owner verification, fraud and credit diligence, UCC review, bank verification, approval, closing, and connections to downstream factoring management systems.
Decipher brings carrier, owner, business, background, UCC, bank, and other diligence information into one connected deal workflow. This reduces manual searching, data entry, and handoffs so credit teams can focus on exceptions and make informed decisions faster.
Yes. Decipher connects with FMCSA and can use DOT and MC number as part of the intake and carrier-verification workflow, reducing manual entry and bringing authority and insurance information into the deal from the start.
Decipher helps freight factors bring multiple independent risk signals into the same review, including carrier and business information and authority, owner identity, background information, related businesses, bank verification, UCCs, and transportation-specific fraud data. Decipher also maintains a database of more than 2.3 Million carriers and can cross-reference information to surface inconsistencies and potential fraud signals that may require further investigation prior to approval.
Yes. Owner and background diligence can be incorporated directly into the freight factoring workflow so relevant information is available alongside the rest of the deal rather than being managed separately.
Yes. UCC search and filing can be incorporated into the client approval process, helping factors identify existing liens, document the review, and more quickly capture the client.
Yes. Decipher can connect origination, credit approval, and closing with factoring management or operations systems including FactorCloud, FactorEvo, and other FMS platforms through supported integrations, APIs, and webhooks.
No. Decipher is designed to work alongside the factoring management system used to operate funded accounts. Decipher handles the workflow from prospect intake through diligence, approval, and closing, then connects approved information to downstream factoring operations.
See Decipher in Action
See Decipher's Freight Factoring Workflow in Action
See how Decipher connects MC/DOT intake through carrier and owner verification, fraud diligence, credit approval, closing, and handoff to factoring operations around the way your team works.
Bring us your current freight factoring workflow. We'll tailor the walkthrough to your process and existing systems.