Best Factoring Companies for Trucking Businesses in October 2026

OTR Solutions is a strong all-around pick, especially for carriers who want non-recourse protection without paying a steep premium. Their “True Non-Recourse” program means you won’t face chargebacks if a broker goes bankrupt, which is a level of protection most competitors attach conditions to.

OTR Solutions also uses flat rates rather than tiered structures, so you know what you’re paying upfront.

The main trade-off is transparency. Rates aren’t published, and support is limited to business hours, which can be frustrating if there’s an urgent funding issue while you’re working the graveyard shift.

OTR Solutions states there are no credit checks and no minimum invoice volume required to qualify. They accept new authorities and owner-operators. You’ll need active operating authority and proof of insurance to apply.

Apex Capital Corp is one of the most established names in trucking factoring, with over 30 years in the business. The multilingual support and unlimited broker credit checks make it particularly well-suited for diverse, growing fleets.

And while it’s easy to get started — with no minimum volume fees or long-term contracts requirements, there is a catch. The broker exclusivity clause is worth understanding before you sign, since it means you can’t selectively factor invoices on a per-broker basis once you’ve started.

Apex Capital Corp accepts new authorities and startup trucking companies through its dedicated Startup Program. There’s no personal credit check, as approval is based on the creditworthiness of the brokers and shippers you work with. No minimum invoice volume is required.

Riviera Finance has been in the freight factoring business since 1969  and works with owner-operators and fleets across the trucking spectrum.

Riviera Finance is the pick if you want bad debt protection on your freight bills without paying a separate premium for it. When you factor with Riviera Finance, they take on the credit risk on broker and shipper invoices. That means if a broker goes bankrupt, you’re not covering the loss.

You get cash within 24 hours on freight bills, plus you select which freight bills to finance, so you’re always in control of your cash flow.

The downside is that there isn’t much information readily available online regarding their fee structure, which can make it hard to find information upfront.

Riviera Finance serves a variety of clients in the trucking and freight industry, including dry vans, dump trucks, refrigerated “reefers,” water/liquid, couriers, box trucks, sprinter vans and more.

If you want the lowest possible rate and don’t need non-recourse protection, altLINE is hard to beat on price. The 0.80% starting rate and 80% to 90% advance are among the most competitive in this research. There are also no hidden fees; all their fees are clearly stated on their site, which can help you understand your actual cost upfront.

Just know it’s recourse-only, so you carry the risk if a broker doesn’t pay. You’ll also want to account for the origination fee and make sure that it doesn’t eat into what you could save with the low rate.

Most trucking companies are eligible for financing, including brand-new owner-operators and larger established fleets.

Thunder Funding is a low-risk way to try factoring. Their 90-day contract is the shortest standard term we found in our research, and there’s no termination fee with proper 30-day notice.

The company focuses exclusively on freight and offers same-day funding, back-end office support, free broker and shipper credit checks and a fuel card program. However, the mobile app notably has poor reviews regarding usability, and the 30-day notice is a short window that’s easy to miss.

No eligibility criteria is published online.

Porter Freight Funding stands out for one feature most competitors don’t offer: advances at pickup. Getting up to 50% of the invoice value (capped at $3,500 per truck) before you’ve even delivered means fuel and expenses are covered from the start, not just after proof of delivery. The 90-day collection window is also longer than the industry-standard 60 days, giving you more breathing room before a chargeback kicks in.

The 1.50% starting rate is competitive, but it’s promotional, so it can increase after roughly 60 days. Get the post-promo rate in writing before you commit.

Porter Freight Funding accepts new borrowers and doesn’t require a minimum time in business. There’s no personal credit check, since approval is based on your brokers’ creditworthiness.

RTS Financial makes the most sense for larger fleets where the fuel card savings can offset — or even exceed — the factoring cost.

With more than 40 years of experience , RTS Financial is one of the largest trucking-specialty factors in the country. The fuel card is the real differentiator, with $0.45/gallon in average savings at 3,500+ stations adding up to hundreds per truck per month.

But the exit experience is a serious concern. There are recurring complaints about UCC liens filed before a signed agreement is completed and slow reserve/lien releases after carriers exit. That’s the most serious red flag for any company on this list. If you go with RTS Financial, get lien release timelines in writing and plan your exit well in advance.

No eligibility criteria is published, but they evaluate broker and shipper creditworthiness, not your personal credit.

Outgo is a good option for trucking operators who want flexibility.

It is a subsidiary of DAT Freight & Analytics and the newest entrant on this list. The company offers a strong pricing/flexibility model with no long-term contract requirement and the ability to cancel anytime with 15-day notice. They also offer rates that drop to 1.0% with the Outgo Debit Card, which can be competitive for owner-operators who can’t otherwise access low rates due to volume.

That said, it is a newcomer in the industry and, though it was acquired by DAT a year ago, it’s still less established than other legacy carriers.

While general eligibility criteria isn’t available online, information about rate match does require an average invoice value of at least $750 for all invoices submitted in the prior 30 days. The offer is only eligible in the United States.

What sets Love’s Financial apart is the bundled ecosystem. Beyond factoring, you get access to fuel discounts at 670 locations across 42 states, a line of credit and maintenance savings. You also get a dedicated account specialist rather than rotating through a call center, so you can get support when you need it.

The trade-off is speed. Love’s Financial guarantees funding within 24 hours, not same-day. This puts it a step behind competitors like OTR Solutions or Outgo that can process invoices in minutes or hours. And while non-recourse is available, there can be conditions attached, so make sure you understand exactly what’s covered before you assume you’re fully protected.

There is no minimum or maximum limit for invoice value.