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BasicBlock
BasicBlock provides freight factoring and cash-flow services for trucking businesses. It pays carriers for unpaid invoices, offers fuel advances and instant pay, and provides broker verification tools.
Distributed
Description
BasicBlock is a freight-factoring company serving owner-operators and fleet owners. It purchases unpaid freight invoices to provide payment quickly, and offers contract buyouts, fuel advances, instant payment, broker checks, and carrier support. Its services are aimed at trucking operators that need reliable working capital between hauling loads and broker payments.Grant Funding
VC Funding
None
2019
2020
2021
2022
$0
$81M