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Porter Freight Funding

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

Quick Facts

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

Contact Porter Freight Funding

Our Review of Porter Freight Funding

Company Snapshot

Porter Freight Funding is a financial services company that offers specialized freight factoring to owner-operators and small to mid-sized trucking companies. As a division of Porter Capital, they provide a debt-free cash flow solution that helps carriers improve their finances and focus on business growth. With over 25 years of experience, Porter Freight Funding is committed to building lasting partnerships with clients by providing tailored, flexible financial solutions and a high level of customer support.

Fast Funding and Flexible Programs

Porter Freight Funding understands the critical need for quick cash flow in the trucking industry. They offer same-day funding on approved invoices, which is essential for covering immediate expenses like fuel and payroll. The company's application process is designed to be simple and straightforward, allowing clients to receive a quote with no application or startup fees. They also provide both recourse and non-recourse factoring options, giving carriers the flexibility to choose the level of credit risk they are comfortable with. Their programs are month-to-month with no long-term contracts, providing an added layer of flexibility.

Comprehensive Tools for Business Growth

Porter Freight Funding offers a suite of value-added services that go beyond simple factoring. Clients can get access to the PorterWallet, which is powered by Tank Payments, for fast funding. They also provide a Fuel Card program that offers significant discounts on diesel, helping carriers reduce a major variable expense. For risk management, they offer free credit checks on brokers and shippers, empowering clients to vet potential partners before accepting a load. They also assist with business tools, dispatching services, and offer a referral program.

Technology and Client Support

Porter Freight Funding has invested in technology and client support to create a seamless and supportive experience. They offer a user-friendly online portal and a native mobile app for on-the-go drivers. These tools allow carriers to easily manage their accounts, upload invoices, and access their information from anywhere. In addition to their technology, Porter Freight Funding prides itself on having a dedicated team of experts. Every client is assigned a personal Account Executive to provide one-on-one support and guidance, ensuring a personalized and responsive experience.

What Makes Porter Freight Funding Truly Unique

In a crowded market, Porter Freight Funding stands out due to its combination of experience, flexibility, and personalized service. This is best exemplified by:

Decades of Experience: With a history spanning over 25 years, they bring a wealth of expertise and a deep understanding of the transportation industry.

Flexible Contracts: Unlike many competitors, they offer month-to-month contracts and no monthly minimums, allowing businesses to use their services only when needed.

Dedicated Account Executives: Their commitment to assigning a personal representative to each client ensures a high level of personalized support and a strong partnership.

Comprehensive Solutions: As part of the Porter Capital family, they offer a full suite of services, from factoring and fuel cards to dispatching and business tools.

A Powerful Partner for Growth

Porter Freight Funding is an excellent choice for owner-operators and small to mid-sized trucking companies seeking a reliable and flexible financial partner. Their focus on fast, same-day funding, combined with their extensive suite of business tools and dedicated support team, makes them an invaluable asset. By simplifying financial management, reducing administrative burdens, and providing crucial support, Porter Freight Funding allows carriers to focus on what they do best: driving their business forward.

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Porter Freight Funding - Freight Factoring Company Review | FindFreightFactoring