RTS vs Apex Capital: Factoring Company Comparison

Apex Capital edges out RTS with slightly lower factoring rates for high-volume carriers. Both companies offer competitive rates in the 2-5% range, but Apex's tiered pricing rewards carriers who factor more invoices monthly. RTS counters with transparent flat-rate options that are easier to budget around.

RTS typically offers higher advance rates, getting more cash into your pocket faster. Their standard advance is around 97% compared to Apex's 95%. For an owner-operator factoring a $5,000 invoice, that 2% difference means an extra $100 upfront, which adds up over dozens of invoices per month.

RTS Financial's fuel discount program is a major differentiator, offering savings of $0.20-0.40 per gallon at major truck stops nationwide. Apex Capital offers a fuel card but the discounts are not as deep and the network of participating locations is smaller. For carriers spending $3,000-5,000 monthly on fuel, RTS's card can save $400-600 per month.

Apex Capital is slightly faster at processing invoices, with many carriers reporting same-day funding when documents are submitted before noon. RTS typically funds within 24 hours, which is still fast but can mean waiting until the next business day. Both offer expedited funding for urgent needs at additional cost.

RTS offers more flexible contract terms with shorter minimum commitments and easier exit provisions. Apex's contracts tend to be longer (12-24 months) with early termination fees that can catch carriers off guard. For carriers who value flexibility, RTS is the safer choice if your freight volume fluctuates seasonally.

Apex Capital has a slight edge in customer service with dedicated account managers and longer support hours. Their collections team is also more aggressive about chasing slow-paying brokers, which benefits carriers. RTS provides solid support but some carriers report longer hold times during peak periods.