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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.
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BasicBlock Fuel Solutions
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Description
BasicBlock Fuel Solutions lets approved BasicBlock factoring customers receive funds for diesel in their bank account without a separate application, account, bill, or credit check. Customers may buy fuel wherever they choose, and the advance is deducted from their next factoring payment for a flat $20 fee.Category: Centralised Borrowing & Lending
Instant Pay
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Description
Instant Pay is a BasicBlock payment-speed option within its freight factoring process. Carriers submit load documents through the app, select Instant Pay when or after submitting a load, and receive payment within one hour. It is available through pre-approved brokers without a separate signup or qualification process.Category: Payments Infrastructure
Broker Check
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Description
Broker Check lets owner-operators and small fleets search a broker by name or MC number to see whether it is pre-approved and obtain payment-reliability insight. When a broker is not listed, users can submit it for a BasicBlock credit and payment review.Category: Risk Assessment