HaulPay Review 2026: No Contracts, No Reserve, Flat 3% Max

This review is part of our 2026 ranking of freight factoring companies. We only take commission from one company on this list – and it is not HaulPay. We disclose this upfront so you can read what follows with that context. How we rank →

HaulPay Review 2026: No Contracts, No Reserve, Flat 3% Max

Our Rating: 3.5/5 | Updated May 2026 | Based on the FreightFactoringUSA methodology: verified public reviews, hands-on rate validation, and direct conversations with carriers.

HaulPay started life as ComFreight — a digital freight marketplace and payment platform founded in Long Beach, California. Somewhere along the way, they added factoring to the mix, and it stuck. In 2024, Dakota Financial (an LA-based asset-backed lender) acquired ComFreight, which gave HaulPay deeper pockets and a broader lending infrastructure behind the scenes.

The pitch is simple: a flat 3% max rate, zero reserve holdback, non-recourse on credit, free ACH payments, and no contracts. You factor when you want, stop when you want. They also throw in free load board access through the ComFreight marketplace, which most traditional factoring companies don’t offer.

On paper, HaulPay checks a lot of boxes. But the experience isn’t quite as polished as the marketing suggests. We dug into the details.

Quick Summary

What HaulPay Gets Right

Zero Reserve Holdback Is Rare

This is HaulPay’s biggest differentiator. Most factoring companies hold back 5–20% of your invoice as a “reserve” that you get back once the broker pays. HaulPay doesn’t hold back anything. When they fund you, you get the full invoice amount minus the flat fee. Period.

For a carrier factoring $30,000/month, a typical 10% reserve means $3,000 of your money is sitting in someone else’s account at any given time. That’s money you could be using for fuel, maintenance, or payroll. HaulPay eliminates that entirely.

The tradeoff is that HaulPay only factors invoices from brokers that pass their credit check. If a broker’s credit is questionable, they’ll decline the invoice rather than fund it with a reserve cushion. For carriers hauling for established brokers, though, this is a clear win.

The Fee Structure Is Actually Simple

HaulPay charges a flat percentage per invoice. That’s it. No ACH fees for same-day or next-day payments, no interest charges on aged invoices, no monthly fees, no setup fees, no early termination penalties. Wire transfers cost extra, but since their same-day ACH is free and fast, most carriers don’t need wires.

Compare that to the typical factoring company that charges a base rate plus ACH fees ($25–35 per transfer is common), fuel card maintenance fees, monthly account fees, and termination penalties. HaulPay’s all-in cost is often lower than competitors advertising a lower headline rate once you add up the hidden charges.

They’ll also match a broker’s quick pay rate, which means if a broker offers 2% quick pay, HaulPay will factor that invoice at 2% instead of their standard rate. That’s a nice touch that most factoring companies don’t offer.

Free Load Board Access

Because HaulPay grew out of ComFreight (a freight marketplace), factoring clients get free access to the ComFreight load board. It’s not DAT or Truckstop-level — the volume is smaller — but it’s free. You can search loads, get push notifications for matches, and see market rate data.

For a new owner-operator who’s paying $150/month for a load board subscription, getting one included with your factoring service has real value. It won’t replace your primary load board, but it’s a useful supplement — especially for finding loads in lanes you don’t usually run.

Where HaulPay Falls Short

No Fuel Card Program

This is the most obvious gap. Every major factoring company in our ranking — RTS Financial, OTR Solutions, Thunder Funding, eCapital — offers a fuel card with per-gallon discounts. HaulPay doesn’t.

For carriers who fuel at TA/Petro or Pilot/Flying J regularly, that’s $300–600/month in missed savings. At a $0.50/gallon average discount filling 300 gallons/week, you’re leaving $600/month on the table. That can easily offset the savings from HaulPay’s lower fees. If fuel discounts matter to you, this is a dealbreaker.

Funding Speed Is Good But Not Best-in-Class

HaulPay funds within 1 business day, which is solid. But Bobtail and OTR Solutions can get you same-day funds in minutes, not hours. RTS Financial also offers true same-day. If you’re living load-to-load and need money by afternoon to fuel up for the next run, HaulPay’s “within 1 business day” timeline might not cut it.

HaulPay does offer same-day ACH at no extra charge, but “same-day ACH” in banking terms means it processes same-day — it doesn’t necessarily mean you’ll see the money in your account within hours. Depending on your bank, it could arrive by end of day or early next morning.

The Dakota Financial Acquisition Adds Uncertainty

In 2024, Dakota Financial — an asset-based lender focused on equipment financing for trucking, construction, and agriculture — acquired ComFreight/HaulPay. Dakota claims operations will continue without disruption and existing agreements stay intact.

That’s the standard line in every acquisition. In practice, acquisitions in the factoring space often lead to gradual changes: rate adjustments, new account managers, shifts in approval criteria, or feature changes. We haven’t seen major disruptions yet, but it’s worth watching. If you sign up with HaulPay today, the company you’re working with in 12 months might feel different than the one you joined.

For comparison, OTR Solutions went through a similar acquisition phase and came out fine. But we also saw what happened when eCapital acquired Apex Capital — long-time carriers weren’t happy with the transition. Acquisitions are a wildcard.

Limited Review History

HaulPay has a BBB profile with an A+ rating but is not BBB-accredited. On Trustpilot, the review count is thin. Their own website showcases a handful of testimonials, but there’s no deep well of independent carrier feedback to draw from. Compared to RTS Financial or Triumph Business Capital, which have hundreds of verified reviews across multiple platforms, HaulPay’s track record is harder to evaluate independently.

Some carriers on forums have reported slow onboarding communication and unexplained declines. We couldn’t verify whether these are isolated incidents or patterns, which is exactly the problem with a thin review base.

HaulPay vs. the Competition

Want to see how HaulPay stacks up against every company we review? Check our full 2026 freight factoring comparison.

Who Should Use HaulPay?

HaulPay is a good fit if you:

• You hate hidden fees and want a truly all-in flat rate with no surprises on your statement
• You don’t want any of your money held in reserve — when you get paid, you get 100% minus the fee
• You want month-to-month flexibility with zero commitment
• You’re a new carrier who’d benefit from free load board access alongside factoring
• You haul for established brokers with solid credit (HaulPay’s credit-based model works best here)

HaulPay is probably not the right fit if you:

• Fuel discounts are a priority for you — HaulPay has no fuel card, and that’s $300–600/month you’re leaving behind
• You need money in your account within hours, not by end of business day
• You want a factoring company with a long, well-documented track record and hundreds of independent reviews
• You work with a lot of smaller or newer brokers whose credit might not pass HaulPay’s checks

How to Apply

You can apply through the HaulPay website or mobile app. They don’t check your personal credit — approval is based on the creditworthiness of your brokers and shippers. HaulPay says most carriers get approved and transacting within 24–48 hours.

You’ll need basic business documentation: MC number, DOT number, proof of insurance, and EIN. No minimum operating history is required.

Before you apply, run your numbers through our free freight factoring calculator to compare what you’d actually take home with HaulPay versus other companies. Remember to factor in the lack of fuel card savings when comparing total cost.

HaulPay FAQs

Does HaulPay charge ACH fees?

No. Both same-day and next-day ACH are free. Wire transfers have a flat fee, but since the free ACH is fast enough for most carriers, few people use wires.

What happens if a broker doesn’t pay?

HaulPay is non-recourse on credit. If a broker doesn’t pay because of insolvency or credit issues, HaulPay absorbs the loss. They will only charge back if your documentation was incorrect — wrong dates, missing BOLs, disputed loads. For more details, see our recourse vs. non-recourse guide.

Do I have to factor all my invoices?

No. HaulPay allows selective factoring. You pick which customers to factor and can remove them anytime. You can also use HaulPay as a digital invoicing service for non-factored customers at $5 per invoice.

Who owns HaulPay now?

Dakota Financial, an LA-based asset-backed lender, acquired ComFreight/HaulPay in 2024. HaulPay still operates under its own brand, and existing carrier agreements remain unchanged according to the company.

Is the ComFreight load board any good?

It’s free, which counts for something. You can search loads, set up alerts, and see rate data. It’s not as deep as DAT or Truckstop in terms of volume, but for a supplementary tool that comes at no extra cost with your factoring, it’s worth having.

The Bottom Line

HaulPay is built for carriers who want maximum simplicity: one flat rate, no reserve, no contracts, no ACH fees. The zero-reserve model is genuinely rare and puts more cash in your pocket upfront. The free load board is a nice bonus that adds real value for newer carriers.

But the lack of a fuel card is a significant miss. Carriers spending $2,000+/month on fuel are leaving $300–600 in savings on the table. The limited independent review history and the Dakota Financial acquisition add some uncertainty. And funding speed, while good, isn’t best-in-class.

If your priority is fee transparency and zero commitment, HaulPay delivers. If you want the full-service factoring experience with fuel savings, top-tier apps, and instant funding, RTS Financial or OTR Solutions are still ahead.

Our rating: 3.5 out of 5. Strong on simplicity and transparency, held back by missing fuel card and limited track record.

Last updated: May 2026. Have experience with HaulPay? Tell us about it — carrier feedback directly shapes our quarterly ranking updates.