| Apex Capital | Requires a factoring application, proof of authority and insurance, plus a current-customer list if already operating. Purchases freight invoices from brokers, shippers and freight forwarders, subject to customer credit review. | Both recourse and non-recourse plans. Its FAQ describes non-recourse protection for customer non-payment due to credit reasons; recourse requires invoice repurchase if the customer does not pay. Monthly minimum fees: No monthly minimum volume fees Can choose customers to factor, but all invoices for a selected customer must be factored. FAQ states no long-term contracts, monthly fees or cancellation fees. | Confirm advance rates, reserves, transfer fees and the events covered by any non-recourse option in your agreement. |
|---|
| eCapital | Product page includes startups, owner-operators, growing fleets, freight brokers, intermodal/container businesses and long-haul carriers. Qualification is based on customer creditworthiness and requires documentation review. | Recourse and non-recourse options are listed. The page cautions that non-recourse liability depends on the circumstances specified in the agreement. Product FAQ states clients are not required to sign long-term contracts. | Confirm advance rates, reserves, transfer fees and the events covered by any non-recourse option in your agreement. |
|---|
| OTR Solutions | Works with owner-operators, new authorities and established fleets. Application documentation includes insurance, ownership documents and operating authority. No credit check is required to begin; business information and documents are reviewed for eligibility. | Both recourse and non-recourse options. True Non-Recourse covers qualifying broker non-payment, including qualifying cases where the broker remains in business; it is not an unconditional guarantee against every dispute or non-payment. Monthly volume: No monthly volume minimums Carriers choose which brokers to factor. Once factoring a broker, subsequent invoices from that broker must also be factored until a release is provided. | Confirm advance rates, reserves, transfer fees and the events covered by any non-recourse option in your agreement. |
|---|
| Porter Freight Funding | Carrier freight invoices for delivered loads, subject to customer and invoice approval. | Non-recourse program states no reserve and coverage for broker bankruptcy or insolvency. Standard terms require written notice at least 60 days before renewal. | Confirm renewal date, termination notice method, fee schedule and what happens with disputes or fraud; insolvency coverage is not universal nonpayment protection. |
|---|
| Riviera Finance | Freight factoring serves trucking, transportation and freight businesses. Funding follows verification of completed delivery or service and acceptance by the customer; credit approval applies to factored customers. | Non-recourse invoice factoring. Riviera says it assumes customer credit risk and absorbs the loss when an approved factored customer cannot pay. This does not establish coverage for every commercial dispute. Monthly volume: No monthly minimums Freight page says clients select which invoices to factor. | Confirm advance rates, reserves, transfer fees and the events covered by any non-recourse option in your agreement. |
|---|
| RTS Financial | Funds completed freight work against submitted invoices. Financing is based on customers' credit; final approval requires underwriting and contracts. Funding limits depend on the business and its buyers' creditworthiness. | The provider describes advancing more than 90% of an eligible invoice within 24 hours, with the remaining balance paid after the customer pays, minus fees. Timing and approval remain subject to verification and the agreement. | Confirm advance rates, reserves, transfer fees and the events covered by any non-recourse option in your agreement. |
|---|
