Compare Freight Factoring Companies

Compare the best freight factoring companies side by side. Find rates, features, and services to make the right choice for your business.

Freight Factoring Companies

Showing 14 companies
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
TAFS logo

TAFS

TAFS is a comprehensive factoring and business services company that offers rapid funding, a full suite of cost-saving benefits, and a personalized approach to help trucking businesses thrive.

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

Features:

Mobile AppClient PortalFree Credit ChecksLoadboard IntegrationDispatch ServicesFuel CardsFuel Advances
Thunder Funding logo

Thunder Funding

Thunder Funding is an experienced and transparent factoring company that provides same-day funding, a user-friendly mobile app, and a comprehensive suite of back-end services, including a fuel card program and free credit checks.

Time to Fund:
Within 24 Hours
Factoring Fee:
up to 5%
Cash Advance:
Contact For Rate
Recourse Type:
Non-Recourse

Features:

Mobile AppClient PortalFree Credit ChecksFuel CardsFuel Advances3 Month Contracts
OTR Solutions logo

OTR Solutions

OTR Solutions is a freight factoring company that offers True Non-Recourse Factoring for unparalleled financial security, along with a suite of innovative technology tools and dedicated back-office support.

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

Features:

Mobile AppClient PortalFree Credit ChecksLoadboard IntegrationDispatch ServicesFuel CardsFuel AdvancesLumper AdvancesBanking
Triumph Business Capital logo

Triumph Business Capital

Triumph Business Capital, now known as Triumph, is a financial and technology company that provides fast, 24/7 non-recourse funding, along with a comprehensive ecosystem of integrated financial services, including fuel programs and insurance.

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

Features:

Client PortalFree Credit ChecksFuel CardsFuel AdvancesBanking
Apex Capital Corp logo

Apex Capital Corp

Apex Capital Corp is an experienced financial and technology company that provides 24/7/365 funding and a comprehensive suite of services, including a free load board and fuel card, to help trucking businesses grow.

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

Features:

Mobile AppClient PortalFree Credit ChecksLoadboard IntegrationFuel CardsFuel Advances
Scale Funding logo

Scale Funding

Scale Funding, a division of Scale Bank, offers flexible and customized month-to-month freight factoring programs with same-day funding and a holistic approach to business management.

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

Features:

Client PortalFree Credit ChecksFuel CardsFuel AdvancesMonth to Month Contracts
RTS Financial logo

RTS Financial

RTS Financial is a full-service freight factoring company that offers same-day funding and a comprehensive suite of integrated services, including a fuel card program, a real-time load board, and a powerful mobile app.

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

Features:

Mobile AppClient PortalFree Credit ChecksFuel CardsFuel Advances
Compass Funding Solutions logo

Compass Funding Solutions

Compass Funding Solutions is a financial and technology company that offers flexible, same-day funding and a comprehensive ecosystem of services, including fuel cards and insurance, as part of the Compass Holding family.

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

Features:

Mobile AppClient PortalFree Credit ChecksFuel CardsFuel Advances
Phoenix Capital Group logo

Phoenix Capital Group

Phoenix Capital Group provides flexible and personalized freight factoring services, leveraging industry expertise to offer tailored financial solutions to trucking businesses.

Time to Fund:
Within 24 Hours
Factoring Fee:
Contact For Rate
Cash Advance:
up to 100%
Recourse Type:
Both

Features:

Mobile AppClient PortalFree Credit ChecksFuel CardsFuel AdvancesMonth to Month Contract
Bobtail logo

Bobtail

Bobtail is a financial technology company that offers transparent, recourse factoring services managed through a mobile app, with a unique collection process that provides a safety net for clients.

Time to Fund:
Within 24 Hours
Factoring Fee:
up to 3.5%
Cash Advance:
up to 94%
Recourse Type:
Recourse

Features:

Mobile AppClient PortalFree Credit ChecksFleet CardFuel Credit Line
Rev Capital logo

Rev Capital

Rev Capital is a financial services company that provides fast funding with high advance rates, transparent pricing, and a suite of additional services to support the growth of transportation and logistics businesses.

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

Features:

Client PortalFree Credit ChecksFuel Cards

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