Tired of waiting a month or more to get paid? If you do not use a factoring company, we have a Quick Pay option that carriers can earn on every load they complete.
Convoy initiates payment after we receive the signed BOL, if you meet the following qualifications:
- The Driver is assigned and uses the Convoy App, including updating completion events at each stop.
- The Driver's phone has location services turned on during the entirety of the load, starting 3.5 hours prior to the scheduled pickup appointment end time.
- A clear picture of all signed Bills of Lading (BoL) is added via the Convoy App within 24 hours of load completion.
Sending us a BOL is required to get paid, whether we pay you directly or you use a factoring company.
To receive payments from Convoy, after your first load you will need to create an account with our third party partner, Velo.
Note: If you already use a factoring company, we will work with them to arrange your payment.