Factoring Company Reviews
We independently rate freight factoring companies on rates, advance percentages, contract terms, technology, and hidden fees. Find the right factoring partner for your cash flow needs.
Factoring Companies
10 companies rated on rates, advance percentages, and contract terms
Quick Comparison: Top 5 at a Glance
Side-by-side feature comparison to help you narrow your options fast.
| Feature | 84RTS Financial | 82OTR Solutions | 80Triumph Pay | 78Apex Capital | 75TBS Factoring |
|---|---|---|---|---|---|
| Same-Day Funding | |||||
| Non-Recourse | |||||
| Fuel Card | |||||
| Free Credit Checks | |||||
| No Minimums | |||||
| No Contract | |||||
| Mobile App | |||||
| Broker Verification | |||||
| Fuel Advances | |||||
| Rate Range | 2-4% | 2.5-5% | 2.5-5% | 2-5% | 2.5-5% |
| Advance Rate | 95-97% | 93-97% | 90-95% | 93-95% | 92-96% |
| Full Review | Read Review | Read Review | Read Review | Read Review | Read Review |
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Showing 10 of 10 factoring companies
Best for: Overall Best
RTS Financial is one of the most respected factoring companies in trucking, known for combining competitive rates with a strong fuel card program and transpa...
Best for: Best Technology
OTR Solutions has built one of the strongest technology platforms in trucking factoring. Their carrier portal, mobile app, and integrated fuel card managemen...
Best for: Large Fleets
Triumph Pay (backed by Triumph Financial, a NASDAQ-listed bank) combines freight factoring with banking services. This unique positioning allows carriers to ...
Best for: Most Trusted
Apex Capital is one of the longest-running factoring companies in trucking, operating since 1995. They have built a strong reputation for reliability, transp...
Best for: New Authority Carriers
TBS Factoring (now operating under Triumph Financial but maintaining the TBS Factoring brand for some services) has long been known as a new-carrier-friendly...
Best for: No Minimums
Thunder Funding positions itself as a flexible, carrier-friendly factoring company with no minimum invoice requirements and no long-term contracts. They appe...
Best for: Best Contract Terms
Riviera Finance is one of the oldest factoring companies in the US (founded 1969), serving multiple industries including trucking. Their decades of experienc...
Best for: Budget Pick
Express Freight Finance offers budget-friendly factoring rates targeting cost-conscious owner-operators. They keep overhead low by offering a simpler service...
Best for: Banking + Factoring
Crestmark (now part of MetaBank/Pathward) combines banking services with factoring, offering carriers a single financial partner for business accounts and in...
Best for: Fast Funding
Instapay focuses on speed — they aim to fund invoices faster than anyone else, often within hours of submission. The mobile-first app is modern and the proce...