Carriers that move freight with Coyote have the flexibility they need to get paid how they want, when they want. Our payment process is streamlined so payment is never an issue and carriers in our network get paid on time, every time. Read below about your payment options and select the right one for your business.
1) Standard Payment Terms
The default payment terms for all network carriers is getting paid via check or ACH deposit within 30 days of Coyote receiving your invoice. For less-than-truckload (LTL) carriers, you have the option of being paid within 15 days.
2) Get Paid Within 48 Hours
For carriers who want to get paid faster than the 30 day standard terms, Coyote is happy to offer 2-day QuickPay or ACH deposit with a 3% fee to the carrier.
Coyote's QuickPay program, used in conjunction with the CoyoteGO® app, lets us download paperwork and create invoices in seconds. That gives small companies, like ourselves, time to focus on driving and customer service without having to worry about the headaches associated with collections.”
- Tony Vito, Owner of D&S Trucking of Michigan Inc.
3) Get Paid Within 24 Hours
You just dropped off a load and need to get paid right away to keep cash flowing to your business. Good news! We offer same-day pay via TChek code for fuel or final payment with a 4% fee to the carrier.
4) Special Payment Terms for Top Carriers
For top performing carriers in our network, we offer special perks like faster payment terms and discounted QuickPay rates. Additional benefits include early access to freight, bid opportunities and more. To learn more about the benefits we offer carriers and see how to qualify, read about our Carrier of Choice Program.
At Coyote, we know how important it is for carriers to get paid quickly for your time spent in detention or on layovers. We created the Expedited Detention Program to do just that.