Find the Best Freight Factoring Companies

Compare factoring companies, read reviews, and connect directly with the best providers in your area.

Editor's Pick: Top Factoring Companies

Our team has carefully selected the best freight factoring companies based on rates, service quality, and customer satisfaction.

Summar Financial logo

Summar Financial

Top Pick

Summar Financial is a leader in freight factoring that offers transparent and straightforward services with high advance rates and a unique "Summar Shield" program for superior protection against payment risks.

Time to Fund:
Within 24 Hours
Factoring Fee:
up to 3%
Cash Advance:
up to 98%
Recourse Type:
Non-Recourse

Features:

Client PortalFree Credit ChecksFuel CardsFuel AdvancesFree TMS
Porter Freight Funding logo

Porter Freight Funding

Top Pick

Porter Freight Funding, a division of Porter Capital, is an experienced freight factoring company that offers flexible, same-day funding and a comprehensive suite of services, including a fuel card program and dedicated account executives, to support the growth of trucking businesses

Time to Fund:
Within 24 Hours
Factoring Fee:
Contact For Rate
Cash Advance:
Contact For Rate
Recourse Type:
Recourse

Features:

Client PortalFree Credit ChecksDispatch ServicesFuel CardsFuel Advances
Steelhead Finance logo

Steelhead Finance

Top Pick

Steelhead Finance is a seasoned and flexible freight factoring company that offers recourse and non-recourse options, same-day funding, and a comprehensive suite of value-added services backed by over 40 years of industry experience.

Time to Fund:
Within 24 Hours
Factoring Fee:
up to 5%
Cash Advance:
up to 97%
Recourse Type:
Both

Features:

Client PortalFree Credit ChecksFuel Cards