Rate Range
1.5-4%
Advance Rate
90-95%
Contract
Month-to-month available
Founded
2010
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Our Review
Express Freight Finance offers budget-friendly factoring rates targeting cost-conscious owner-operators. They keep overhead low by offering a simpler service model with fewer bells and whistles. Rates are competitive, but the trade-off shows in technology, customer support responsiveness, and the limited scope of additional services.
Pros
- Among the lowest factoring rates available for small carriers
- Simple, straightforward factoring process
- No minimum volume requirements
- Quick funding turnaround
- Free broker credit checks
Cons
- Basic technology — no mobile app or modern carrier portal
- Customer support is limited and slow during busy periods
- No fuel card program
- Limited additional services beyond basic factoring
- Less established reputation compared to major competitors
Our Verdict
Express Freight Finance is the budget option for carriers who need basic factoring at the lowest possible rate and do not need the extras. If all you want is to submit invoices and get paid quickly at a low percentage, they deliver. For anything beyond that — fuel cards, mobile apps, fleet tools, responsive support — you will need to look elsewhere. Best for solo operators who keep it simple.
Rates & Terms
Factoring Rate
1.5-4%
Advance Rate
90-95%
Minimums
No minimums
Contract
Month-to-month available
Budget pricing is their primary selling point. Recourse factoring from 1.5% for ideal broker credit profiles and high volume. More typical rates in the 2.5-4% range for most carriers. Non-recourse available at higher rates. Advance rates of 90-95%.
Features
| Same-Day Funding | |
| Non-Recourse | |
| Fuel Card | |
| Free Credit Checks | |
| No Minimums | |
| No Long-Term Contract | |
| Mobile App | |
| Broker Verification | |
| Fuel Advances | |
| Collections Included |