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Factoring Company Reviews

We independently rate freight factoring companies on rates, advance percentages, contract terms, technology, and hidden fees. Find the right factoring partner for your cash flow needs.

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.

Showing 10 of 10 factoring companies

84Very Good

Best for: Overall Best

Best Overall

RTS Financial is one of the most respected factoring companies in trucking, known for combining competitive rates with a strong fuel card program and transpa...

Rate: 2-4%
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82Very Good

Best for: Best Technology

Best Technology

OTR Solutions has built one of the strongest technology platforms in trucking factoring. Their carrier portal, mobile app, and integrated fuel card managemen...

Rate: 2.5-5%
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80Very Good

Best for: Large Fleets

Best for Fleets

Triumph Pay (backed by Triumph Financial, a NASDAQ-listed bank) combines freight factoring with banking services. This unique positioning allows carriers to ...

Rate: 2.5-5%
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78Good

Best for: Most Trusted

Apex Capital is one of the longest-running factoring companies in trucking, operating since 1995. They have built a strong reputation for reliability, transp...

Rate: 2-5%
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75Good

Best for: New Authority Carriers

TBS Factoring (now operating under Triumph Financial but maintaining the TBS Factoring brand for some services) has long been known as a new-carrier-friendly...

Rate: 2.5-5%
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72Good

Best for: No Minimums

Thunder Funding positions itself as a flexible, carrier-friendly factoring company with no minimum invoice requirements and no long-term contracts. They appe...

Rate: 2.5-5%
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70Good

Best for: Best Contract Terms

Riviera Finance is one of the oldest factoring companies in the US (founded 1969), serving multiple industries including trucking. Their decades of experienc...

Rate: 2-5%
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68Above Average

Best for: Budget Pick

Express Freight Finance offers budget-friendly factoring rates targeting cost-conscious owner-operators. They keep overhead low by offering a simpler service...

Rate: 1.5-4%
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66Above Average

Best for: Banking + Factoring

Crestmark (now part of MetaBank/Pathward) combines banking services with factoring, offering carriers a single financial partner for business accounts and in...

Rate: 2-5%
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64Above Average

Best for: Fast Funding

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 proce...

Rate: 3-5%
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