# Construction hauling broker

A term used when buying dump truck.

California makes a construction hauling broker pay independent truckers by the twenty fifth each month.

Where most revenue arrives through brokers in California, the payment terms are set by statute and not by the invoice. A broker must pay by the twenty-fifth day of the month following the haul when the hauler bills by the fifth, with a penalty of two percent a month on anything improperly withheld. That is a [working-capital](https://searchspheresource.com/glossary/working-capital) fact, not a legal footnote, and a model built on thirty-day terms will be wrong by weeks. It also means the customer relationship belongs to the broker and not to the operator.

Part of: Buying a Dump Truck Business (https://searchspheresource.com/guides/buying-a-dump-truck-business)

Source: https://searchspheresource.com/guides/buying-a-dump-truck-business/terms/construction-hauling-broker
Not dated: The same editorial definitions as the glossary, inside a trade.

Site index for machines: https://searchspheresource.com/llms.txt