# BasicBlock × FMD Logistics

**Fast funding. No contracts. No nonsense.**

BasicBlock is proud to partner with FMD Logistics to get you paid faster — with the lowest rates and zero long-term commitments.

## Benefits of BasicBlock factoring


### 2.5%
Competitive rates

Among the lowest factoring rates in the industry — keep more of every dollar you earn on every load.


### $0
No commitments, no hidden fees

No long-term contracts, no startup fees, no surprises. Just straightforward factoring, on your terms.


### 1-on-1
Dedicated account reps

A real person you can reach directly — no hold music, no ticket queues, no days waiting for a callback.


### 24/7
Easy-to-use app

Submit loads, check payment status, and manage your account from your phone — anytime, anywhere.

## Basic Block vs. Traditional Factoring

| Feature                  | BasicBlock   | Traditional Factoring  |
|--------------------------|--------------|------------------------|
| Rate                     | ✓2.5%       | ×3-4%                 |
| Contract terms           | ✓No term contract | ×1-2 yrs + auto-renewal |
| Fees                     | ✓No hidden fees | ×ACH, invoice & startup fees |
| Support                  | ✓Direct line to your rep | ×Hours on hold  |
| Funding speed            | ✓Under 24 hrs / 5-10 min broker checks | ×Slow funding & broker checks |
| Technology               | ✓Mobile app & web portal | ×Email, phone, or fax |
| Non-payment protection    | ✓Non-recourse | ×Chargebacks at 30-45 days |
| Minimums                 | ✓None — factor only what you want | ×Volume minimums required |
| Payment deadline         | ✓2 PM CST | ×9-10 AM for same-day |
| Reserves                 | ✓None | ×3-5% |

## Real Customers, Real Results

No hassle factoring with BasicBlock - YouTube

[No hassle factoring with BasicBlock](https://www.youtube.com/shorts/DQUm3lJ63KA)

Getting paid through an app with BasicBlock Factoring - YouTube

[Getting paid through an app with BasicBlock Factoring](https://www.youtube.com/shorts/di5yFSMNCmc)

Stay protected from bad brokers - BasicBlock Factoring - YouTube

[Stay protected from bad brokers - BasicBlock Factoring](https://www.youtube.com/shorts/hCS_Xe0qWeQ)

## Ready to  
## Get Started?

[Get Started](/content/get-started/index.html)