Loading...
Loading...
Rate Range
3-5%
Advance Rate
90-95%
Contract
No contract required; per-invoice factoring available
Founded
2019
Affiliate Disclosure: Some links on this page are affiliate links, meaning we may earn a commission at no extra cost to you if you sign up through our link. This does not influence our ratings or rankings. Our editorial team independently evaluates every service based on transparent scoring criteria. We are committed to honest, unbiased reviews — see our editorial policy for details.
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 process is streamlined. However, the higher rates, newer company status, and limited additional services mean you are paying a premium for that speed. Best for carriers who need cash fast and are willing to pay for it.
Instapay delivers on its core promise: fast money. If you need an invoice funded in hours rather than by end of day, Instapay does it. However, the premium rates, limited services, and newer company status mean it is not the best choice for long-term, high-volume factoring. Think of Instapay as a speed tool — useful when you need cash urgently, but not your everyday factoring solution. For consistent factoring, RTS, OTR Solutions, or Apex Capital offer better overall value.
Factoring Rate
3-5%
Advance Rate
90-95%
Minimums
No minimums
Contract
No contract required; per-invoice factoring available
Higher rates reflect the speed premium. Flat-rate pricing without volume discounts means high-volume carriers do not benefit from scale. Per-invoice factoring is available — you choose which invoices to factor. No hidden fees but the base rate is above market average.
| Same-Day Funding | |
| Non-Recourse | |
| Fuel Card | |
| Free Credit Checks | |
| No Minimums | |
| No Long-Term Contract | |
| Mobile App | |
| Broker Verification | |
| Fuel Advances | |
| Collections Included |
Considering Instapay?
Drop your email — we'll send the latest Instapay pricing tiers + a direct demo signup link. You'll know what you're paying before the vendor calls you.
One email. We don't share your address with vendors unless you tell us to.
Used Instapay? Share your real-world experience to help fellow truckers make informed decisions.