LOS ANGELES, CA — August 2, 2026 — FactorGenie, the AI platform for freight factors, announced today that FactorGenie Credit — the free freight broker credit database built into its platform — now holds credit data on more than 10,000 freight brokers.
FactorGenie Credit tracks how freight brokers actually pay, using live receivables data reported by factoring companies across the FactorGenie network. Because the data comes from working portfolios, it updates in real time as payments happen — not weekly or monthly.
The network now tracks aging on more than 5.3 million invoices and $11.4 billion in freight transactions per year.
That coverage has grown quickly. In July 2026, factoring companies reporting into FactorGenie Credit purchased 422,900 invoices worth $892 million. A year earlier, the factoring companies then syncing data to the network purchased 195,600 invoices worth $261 million — so invoice volume and tracked freight dollars have both more than doubled.
"A credit database is only as useful as the payment data behind it. This milestone belongs to the factoring companies that report their receivables through FactorGenie every day — they are the reason the picture keeps getting more complete. Our job is to keep that data current, and to keep it free for freight factors."
— Sam Elitzer, CEO, FactorGenie
Included Free for Freight Factors
FactorGenie Credit is included free for freight factors: in-app credit checks, configurable alerts, custom reports, and days-to-pay tracking on the freight brokers in a factor's portfolio and across the wider network. There is no cost, no contract, and no paywall. Details at factorgenie.com/credit.
Network figures as of August 2026. Year-over-year comparisons are like-for-like: they cover only factoring companies whose data was already syncing to the network in July 2025, and exclude invoice history loaded into the network after that date.
About FactorGenie
FactorGenie is the AI platform for freight factors, led by automated invoice audit and extending to collections, carrier communications, and back-office workflows. FactorGenie integrates with major factoring management systems including FactorSoft, FactorCloud, and FactorView. Learn more at factorgenie.com.
Media Contact
Sam Elitzer
sam@factorgenie.com