Trucking Factoring Guide

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Freight factoring companies compared: published rates and terms

What six factoring companies publish about their rates, advances, recourse, contracts, minimums, fuel cards and new-authority policies. Every cell links the company page we read and the date we checked it. Where a company doesn't publish something, the cell says Not published.

How to read this. These are each company's own claims from its public website, checked October 26, 2026, not quotes for your business. "Not published" means we couldn't find it on the company's site; it doesn't mean the term is bad. Ask for every term in writing, then put the quotes into the calculator. Companies are listed alphabetically. Order never depends on whether we earn a fee. "Best for" and "Skip if" are our opinion, based on the published facts in the same row.

Disclosure: We don't currently earn money from any company in this grid. "Official site" links go straight to each company's website with no tracking. We may earn referral fees from some companies in the future; if we do, we'll label those links, and it won't change what's in the grid. Affiliate disclosure · How we check

Jump to: Apex Capital · DAT Outgo · OTR Solutions · Porter Freight Funding · RTS Financial · Triumph

Published factoring terms, checked October 26, 2026
CompanyPublished rateAdvance / reserveRecourse typeContract term and terminationMinimumsFuel cardNew-authority friendly?Best for (our take)Skip if (our take)
Apex CapitalOfficial siteNot published. Says one standard rate doesn't fit every client; pricing may be flat, tiered or volume-based.Where we looked: FAQ · checked Oct 26, 2026Not published. No advance percentage found on its factoring pages.Where we looked: Factoring page · checked Oct 26, 2026Offers both recourse and non-recourse programs.Source: Factoring page · checked Oct 26, 2026Says it doesn't lock clients into long-term contracts and charges no cancellation fees.Source: FAQ · checked Oct 26, 2026No monthly minimum volume fees and no monthly fees. Once you factor a customer, you factor all of that customer's invoices.Source: Factoring page, FAQ · checked Oct 26, 2026Apex TCS Fuel Card (EFS or Comdata). 2,300+ in-network stops; $0 activation, no membership, monthly or annual fees.Source: Fuel card page · checked Oct 26, 2026Yes. Runs a Startup Program for getting your authority; carriers who use it are pre-approved for Apex factoring.Source: Home page · checked Oct 26, 2026Carriers who want no long-term contract and no cancellation fee, and brand-new carriers who want help getting authority.You want a published rate or advance percentage before you talk to sales.
DAT OutgoOfficial sitePublished: 3% under $18k monthly invoicing; 2.5% for $18k–$80k; custom above $80k. Drops to 1.0% on Outgo Card purchases, or if you wait until day 30 to factor. Wire $20, ACH free, instant transfer 1% (max $20).Source: Rates and fees · checked Oct 26, 2026Says "no reserve". It doesn't state an advance percentage.Source: Rates and fees · checked Oct 26, 2026Non-recourse: says your business is protected if a broker goes bankrupt.Source: Rates and fees · checked Oct 26, 2026No annual contracts and no cancellation fees. To cancel: 15 days' notice, and you (or your next factor) buy out the invoices Outgo has processed.Source: Rates and fees · checked Oct 26, 2026No minimum fees. Reviews your volume tier every quarter.Source: Rates and fees · checked Oct 26, 2026Not published. No fuel card found. It offers the Outgo debit card instead.Where we looked: Rates and fees · checked Oct 26, 2026Not published. No new-authority policy found on its site.Where we looked: Home page, FAQ · checked Oct 26, 2026Small carriers who want posted prices and no annual contract.You want a bundled fuel card, or a recourse program priced lower than non-recourse.
OTR SolutionsOfficial siteNot published. Says rates vary with invoice volume and recourse vs. non-recourse. Bundling its fuel card can take up to 0.5% off the rate.Where we looked: FAQs · checked Oct 26, 2026Not published. No OTR-specific advance percentage found. Its FAQ gives 90%–99% as the range across factors and programs, not as OTR's own number.Where we looked: Non-recourse page · checked Oct 26, 2026Recourse, and "True Non-Recourse", which it says covers qualifying non-payment even when the broker is still in business.Source: FAQs · checked Oct 26, 2026Not published. Uses a factoring agreement; length varies by program. Term, notice and termination fee aren't published.Where we looked: FAQs · checked Oct 26, 2026No monthly volume minimums. Once you factor a broker, that broker's later invoices must be factored until a release is provided.Source: FAQs · checked Oct 26, 2026OTR Fuel Card, also available without factoring. Load advances up to 50% of linehaul: $15 to the fuel card, $24 by Comchek.Source: FAQs · checked Oct 26, 2026Yes. Works with new authorities; you can apply before your authority is active; no credit check to start.Source: FAQs, How to apply · checked Oct 26, 2026Carriers who want non-recourse coverage that, per OTR, goes beyond broker bankruptcy, and who'd use its fuel card.You want to see a rate, advance and contract terms in writing before you get on the phone.
Porter Freight FundingOfficial siteIntro: 1.5% for the first 60 days for eligible carriers, tied to a 1-year recourse contract with a 95% advance (not for sprinter vans or box trucks). After that, "a standard flat rate" based on volume and fleet size; that number isn't published.Source: Application page, 1.5% rate page · checked Oct 26, 202695% on the intro offer. Non-recourse: no reserve, 100% up front. Recourse: reserve with weekly release.Source: Application page · checked Oct 26, 2026Both. Non-recourse covers approved credit risk in specific situations such as bankruptcy; under recourse, chargebacks come only after 90 days of collection efforts.Source: FAQs · checked Oct 26, 2026Recourse: 1-year, 6-month or month-to-month, per its application page (its FAQ describes a one-year agreement). $0 termination fee with 60 days' notice.Source: Application page, FAQs, New-authority page · checked Oct 26, 2026No minimum factoring requirement for 1–2 truck companies. Larger fleets: not published.Source: Application page · checked Oct 26, 2026Porter Fuel Card (EFS), 2,500+ truck stops; fuel advances up to 50% of the load.Source: Fuel card page · checked Oct 26, 2026Yes. Has a new-authority program and says you can qualify with no credit or business history.Source: New-authority page · checked Oct 26, 2026New MCs who want a low intro rate and a stated no-fee exit with notice.You run a sprinter van or box truck (the intro rate excludes them), or you won't sign a 1-year deal without seeing the post-intro rate.
RTS FinancialOfficial siteNot published. Has a rate estimator that asks for your email (we didn't submit it). No rate published.Where we looked: Freight factoring page · checked Oct 26, 2026"More than 90 percent" within 24 hours; the balance, minus a fee, after the customer pays.Source: FAQs · checked Oct 26, 2026Not published. Its blog explains both types, but we found no page stating which ones RTS offers or on what terms.Where we looked: Recourse blog · checked Oct 26, 2026Not published. No term, notice or termination terms found.Where we looked: Freight factoring page, FAQs · checked Oct 26, 2026Not published. No minimum-volume terms found.Where we looked: FAQs · checked Oct 26, 2026RTS fuel cards, including an option regardless of credit score; 4,000+ stations; says bundling fuel and factoring brings "lower rates".Source: Fuel card page · checked Oct 26, 2026Not published. No new-authority policy found. Says funding is based on your customers' credit, not your balance sheet.Where we looked: FAQs · checked Oct 26, 2026Carriers who want factoring, fuel, a load board and equipment financing (for RTS factoring clients) from one company.You need recourse, contract and fee terms published before you call.
TriumphOfficial siteNot published. Says rates are based on the amount and volume of your loads, and pricing won't change without notice.Where we looked: Factoring page · checked Oct 26, 2026"No reserves". Advances "the majority" of the invoice; no percentage stated.Source: Factoring page · checked Oct 26, 2026"Non-recourse contracts available." Recourse terms aren't described.Source: Factoring page · checked Oct 26, 2026Not published. No term, notice or termination terms found.Where we looked: Factoring page · checked Oct 26, 2026"No minimums."Source: Factoring page · checked Oct 26, 2026Triumph Fuel Card, offered by TransConnect Services (TCS); 2,000+ in-network locations.Source: Fuel program page · checked Oct 26, 2026Yes. Says it works with new businesses even with no credit history, and approves based on your customers' credit.Source: Factoring page · checked Oct 26, 2026Carriers who want no minimums and no reserve.You want a published rate or contract term before you apply.
Not sure which of these fits you? Tell us about your operation and we may follow up by email with options. Free, no obligation. Then check any offer against our red-flag checklist.

What the grid shows, and what it doesn't

Sources

All pages read October 26, 2026. We re-check every company fact at least monthly, and update a cell (and its date) as soon as we see a change.

General information, not financial or legal advice. Spot something out of date? Tell us on the contact page.