Our Freight Factoring Ratings and Recommendations

The freight factoring industry is unregulated and many would say it is like the Wild West.  The purpose of our rankings is to help trucking companies quickly identify the most reliable, trustworthy and cost-effective factoring partners and then connect with them. By providing objective comparisons based on important criteria like customer service, contract terms, funding speed, and fringe benefits like gas programs, our site empowers carriers to make informed decisions to fit their needs.  Our experts slimmed the list down to some well-known freight factoring companies mixed with some that fly under the radar and may be considered diamonds in the rough.

2026 Ratings

Riviera Finance 89%
Porter Freight Funding 87%
Thunder Funding 85%
eCapital Freight Factoring Corp. 71%
Triumph Financial, Inc. 70%
OTR Solutions 70%
RTS Financial 59%

Company Details

Company Overview

Founded in 1969 by David B. Clark and John B. Danis, Riviera Finance was established to provide factoring services to small businesses that traditional lenders often overlooked. With over 25 offices across the United States and Canada, the company is committed to delivering personalized, face-to-face financial services.

Contract, Pricing & Fees

True, full service, non-recourse factoring
Instant credit approvals available online via FastCredit™
Funding  within 24-hours of verification
Same day (small charge) & next day funding offered
No application or set-up fee
Application process does not require soft credit pull & background check
High advance rates, up to 95%
No monthly minimum volume requirement
Standard contract term is 12 months with flexibility 
Variable rate pricing
Small wire fee 
Large, established but fairly rigid approved broker network to stay within
No termination fee if 30 day notice given
3% termination fee (ETF), but not typically enforced
UCC filing is Collateral Specific, not blanket

Customer Service & Account Management

Dedicated account team
Multilingual account representatives
Lots of offices around the country for an in-person touch
Client portal (ROAM™) with access to all account information in one place
Doesn’t have a true phone app, but can access the portal through a phone browser
Website has a chat feature

What the Reviews Say/Customer & Other Feedback

4.9

Aggregated Overall Customer Review Score

95%

% 5 Star Reviews

3%

% 1 Star Reviews

A+

BBB Rating

The Good
Common positive review themes are a responsive & supportive team, efficient funding process, personalized service (lots of offices), true non-recourse and a fairly clear cut fee schedule.
The Bad
Common negative review threads have reported that their technology and offerings are not nearly as robust as most competitors. Outside of this theme, there were scarce other negative reviews with most being related to being new to the industry and misunderstanding the process and contracts.

The Summary

Riviera Finance customer service is outstanding as witnessed by their reviews, lack of BBB complaints and having many offices around the country you can walk in and visit. Their customer support staff is knowledgeable and transparent. They also have a short termination notification period. The only major downside is that they do not have a lot of bells and whistles which depending on what you are looking for may be ok.

Company Overview

Porter Freight Funding was established in 2011 following Porter Capital Corporation’s acquisition of an experienced transportation factoring company. As a division of Porter Capital, founded in 1991, Porter Freight Funding specializes in providing freight factoring services to small & medium sized companies across the United States.

Contract, Pricing & Fees

Non-recourse & recourse offered
Pre-approval in 2 hours
Instant (PorterWallet) & 24 hour funding offered
No additional fee for instant fund transfers
Contract terms of month-to-month, bi-annual, or yearly offered
Cash advances up to 100% less fees
Variety of flat rate pricing (not tiered)
No monthly minimum volume requirement
No application fees or credit check
Additional fees – ACH and wire transfer 
No termination fee if proper notice is given based on length of contract (30-90 days)
Pool of pre-approved brokers is relatively small
Carriers with three or more trucks must meet a specific monthly factoring volume or face fees
UCC filing is Collateral Specific, not blanket

Customer Service & Account Management

24/7 Customer support
Dedicated account executive
Collections assistance & other back-office support
Portal & mobile app available
Website has a chat feature

What the Reviews Say/Customer & Other Feedback

4.7

Aggregated Overall Customer Review Score

90%

% 5 Star Reviews

6%

% 1 Star Reviews

A+

BBB Rating

The Good
Common positive review themes mention prompt funding, transparent fee structure, and comprehensive services.
The Bad
Common negative review threads site difficulty reaching account reps, fees change when you add more than 3 trucks and clients have to check payment amounts to make sure they received the rate they agreed to. It has also been reported that there is a frustration with the limited broker network and a need for more active involvement throughout the factoring process.

The Summary

Porter Freight has fantastic customer service with great reviews and a lack of BBB complaints to back it up.They offer a variety of contract terms to fit the customer. They offer a fair amount of additional financial solutions though most are through partnerships. They have traditional banker’s hours from 8-5, with no after hours support. They are a smaller company and have a smaller list of pre-approved brokers than most. They only have a load board available for a small subsector of truckers.

Company Overview

Founded in 2013 by John Downing, Scott Kennedy, and Jim Silva, Thunder Funding is a transportation factoring provider based in Carlsbad, California. With a team possessing over 35 years of trucking experience and 20 years of factoring knowledge, Thunder Funding is dedicated to delivering personalized financial solutions to the transportation industry across North America.

Contract, Pricing & Fees

Non-recourse factoring only
Same day (no additional charge) & next day funding offered
Up to 100% Advance Rate
No long term contract, 90 day contract term is the standard
No application fees
Application process does not require soft credit pull or background check
Additional fees – ACH and wire transfer 
No monthly minimum volume requirement
Competitive rates, not typically the low price leader but will work with customer
Larger companies can get lower rates
No termination fee if 60 day notice given
UCC filing is All-Asset (blanket)
UCC filed upon first load

Customer Service & Account Management

Collections assistance & other back-office support
24/7 access to mobile app & online portal to manage loads, invoices, and scan documents
Website has a chat feature

What the Reviews Say/Customer & Other Feedback

4.5

Aggregated Overall Customer Review Score

78%

% 5 Star Reviews

9%

% 1 Star Reviews

A+

BBB Rating

85% Recommend

Overall Score

The Good
Common positive review themes state they have exceptional customer service, fast funding, and comprehensive additional services.
The Bad
Negative reviews were pretty scarce, a handful state a lack of clarity on fee structure, challenging to understand contract terms, while some others had trouble with timely responses from representatives.

The Summary

Thunder Funding excels with their customer service & reviews. That have the best live service hours of anyone on this list, Mon-Sun with late after hours. They appear to be one of the more transparent companies with pricing and fees. Their fuel program offers up substantial discounts. Additionally, they have shorter required contracts than most competitors. They offer additional financial solutions though most are through partnerships. They are one of the newer companies on this list but they still have over a decade of experience. They do have a load board but there is a discounted charge to access

Company Overview

Founded in 2006, eCapital Freight Factoring Corp. set out to revolutionize how small and medium-sized businesses access essential funding. eCapital Freight Factoring Corp is the the transportation arm of eCapital providing factoring services in the US, Canada & UK.

Contract, Pricing & Fees

Non-recourse & recourse offered
Instant (InstaPay) & 24 hour funding offered
Additional fee for instant fund transfers
Get a quote in 5 minutes
Application process requires soft credit pull 
No restrictions on the amount of time in business in order to receive factoring services
Set-up fee: ~$100 if decide to sign up
Standard contract term is 12 month 
High advance rates
Variety of contract options
No monthly minimum volume requirement
Termination Fee (ETF): ~$100-$150
No termination fee if 60 day notice given
No approved broker network to stay within, but broker has to clear a credit check
UCC filing is Collateral Specific, not blanket

Customer Service & Account Management

Dedicated account representatives
Collections assistance & other back-office support
Advanced, easy to use online portal (CONNECT) & app
Platform allows you to manage your freight factoring funds, track transactions, and access real-time reporting

What the Reviews Say/Customer & Other Feedback

4.6

Aggregated Overall Customer Review Score

88%

% 5 Star Reviews

8%

% 1 Star Reviews

B+

BBB Rating

71% Below Average

Overall Score

The Good
Common positive themes are the efficient funding process, user-friendly technology, comprehensive service offerings and responsive customer support.
The Bad
Common negative threads are issues with unexpected fees, difficulties with contract cancellation, inadequate communication regarding charges in rates or terms, and reserve payment delays.

The Summary

eCapital offers a variety of contract terms to fit the customer and offers access to a free load board. Additionally, they have extended customer support hours during the work week. They do have pretty good reviews but also some BBB complaints to be aware of. They are on the longer end of contract terms and ETF notification period, and require a soft credit pull for their application.

Company Overview

Triumph Financial, Inc., established in 2010, is a financial holding company headquartered in Dallas, Texas, focusing on payments, factoring, and banking services. In 2012, Triumph expanded into the transportation sector by acquiring a small factoring business, which has since grown into one of the nation’s largest transportation factoring companies. They provide a wide range of financial solutions for trucking businesses, focusing on flexibility for small to mid-sized companies.

Contract, Pricing & Fees

Non-recourse factoring only
Instant (LoadPay app) & 24 hour funding offered
24/7 funding
Advance rates up to 100% minus fees
Standard contract term is 12 months 
Application process requires soft credit pull & background check
No application fee
Set-up fee: $100
No monthly minimum volume requirement
No termination fee if 60 day notice given
No approved broker network to stay within, but broker has to clear a credit check
UCC filing is All-Asset (blanket)

Customer Service & Account Management

Large, dedicated staff
Collections assistance & other back-office support
Great web portal (MyTriumph) with real-time reporting
Website has a chat feature

What the Reviews Say/Customer & Other Feedback

3.7

Aggregated Overall Customer Review Score

66%

% 5 Star Reviews

30%

% 1 Star Reviews

A-

BBB Rating

70% Below Average

Overall Score

The Good
Common positive review themes cite prompt customer service and payment, user-friendly web tools, and seamless processing.
The Bad
Common negative review threads mention poor communication, billing mistakes, and difficulty terminating contracts. Other unfavorable comments indicate a feeling of non-transparent factor fees.

The Summary

They are a bank and thus have lots of financial solutions, in addition to a great portal. On the downside, the traditional banking locations cannot directly assist you with anything factor related. They also have traditional 8-5 bankers hours for assistance. The application requires a credit pull. In addition, they have no load board and are on the longer end of contract terms. Finally, they have much worse reviews that most other companies we reviewed.

Company Overview

Founded in 2011 as OTR (Over-the-Road) Capital by Blake Malone and Kevin Nolan, OTR Solutions began with a mission to provide innovative financing and back-office solutions for small and mid-sized trucking companies. Rebranded in 2021 as OTR Solutions, they pride theirself on having some of the best customer service in the industry as well as great partnerships. Also in 2021, the company partnered with DAT Freight & Analytics, enabling clients to find loads on DAT’s load board with instant visibility into which are factorable through OTR Solutions

Contract, Pricing & Fees

Non-recourse & recourse offered
True non-recourse, covers all invoices that have proof of delivery without issue
Instant (BOLT) & 24 hour funding offered
24/7 funding
High advance rates
Competitive rates, not typically the low price leader
No chargebacks on cleanly delivered loads
No long-term contracts required
Standard contract term is 12 month 
No application fee
Initial set-up after application completed is typically within a couple hours
No monthly minimum volume requirement
Additional fees – ACH and wire transfer 
No termination fee if 90 day notice given
Early termination fee (ETF) is sizable
Can only factor within OTR’s approved network 
UCC filing is Collateral Specific, not blanket

Customer Service & Account Management

“No voicemail” policy, always get someone live
Dedicated, multilingual account representatives
Collections assistance & other back-office support
Robust, user friendly mobile app & online portal

What the Reviews Say/Customer & Other Feedback

4.6

Aggregated Overall Customer Review Score

84%

% 5 Star Reviews

8%

% 1 Star Reviews

A-

BBB Rating

70% Below Average

Overall Score

The Good
Common positive review themes are a responsive & supportive team, user-friendly technology, competitive factoring rates and comprehensive service offerings.
The Bad
Common negative review threads involved extended processing times during account setup, lack of transparency into fee structures, and lack of explanation for rejected factoring applications. This is followed by some minor issues of the app’s interface or login process.

The Summary

OTR Solutions offers good customers service paired with a great app and portal. They have pretty good reviews but some BBB complaints be aware of. They have traditional banker’s hours from 8-5, with no after hours support. Additionally, they have a load board but there is a charge to access. They fall on the longer end of contract terms and ETF notification period.

Company Overview

RTS Financial was established in 1995 to support small trucking companies by enhancing cash flow and managing back-office tasks. RTS Financial, a subsidiary of Shamrock Trading Corporation, is headquartered in Overland Park, Kansas and provides factoring services in the US & Mexico. RTS Financial continues to expand its services to meet the evolving needs of the trucking industry. They are a good fit for companies with 5 or more trucks.

Contract, Pricing & Fees

Non-recourse & recourse offered
Same day funding ($10 fee) and next day (no charge)
Standard contract term is 12 months 
No ACH fees
Online application process not offered, you must speak with a sales representative
No application or set-up fee
Application process  does require credit pull
Application & approval process can take around a week
No termination fee if 60 day notice given
There is a monthly tiered volume structure that can reduce rates
Discounts for U.S. veterans
Large network of brokers, will only work with A,B or C rated
Early termination fee (ETF) is sizeable (~$5,000)
May have wiggle room on ETF if in good communication with your rep
UCC filing is Collateral Specific, not blanket
UCC filed immediately once necessary customer data received

Customer Service & Account Management

Dedicated customer support team
Great mobile & web app (RTS Pro) that lets you upload invoices, submit invoices in bundles, use the camera to scan invoices and access reports
No phone number or email address on website, must fill out form to get a call back
Website does not contain a lot of specifics

What the Reviews Say/Customer & Other Feedback

4.4

Aggregated Overall Customer Review Score

83%

% 5 Star Reviews

14%

% 1 Star Reviews

A+

BBB Rating

59% Not Recommended

Overall Score

The Good
Common positive review themes praise the company’s efficient funding process, responsive & supportive team, and comprehensive service offerings. Additionally customers liked the convenient and user-friendly technology and huge fuel card discounts.
The Bad
Common negative review threads cited poor communication, confusing contracts &  fees, rigid policies such as difficulties terminating contracts or requesting early release.

The Summary

On the positive side, RTS Financial has a great app and free access to a load board. They are on the longer end of contract length. They have standard banker’s hours from 8-5, no after hours support. They can be hard to get ahold of, they not have a phone number listed on their website. They make it challenging to contact them without giving all of your information. Once a number was located, our team called their support line several times and was put on hold each time and then disconnected. They had a high amount of BBB complaints. Another negative in their column is that they immediately file with the UCC upon getting all necessary information so you are quickly locked-in with them.

Triumph Financial Services Score Details

% Allocation to Score
7.4%10%Public Reviews Overall Score
9.9%15%Public Reviews % 5 Star Ratings
10.4%15%Public Reviews % 1 Star Ratings
4.3%5%Better Business Bureau Grade
9.5%10%Number of BBB Complaints Closed in the Last 12 Months
9.5%10%Number of BBB Complaints in the Last 3 Years
4.5%10%Assistance Availability
6.8%15%Contract length & flexibility
7.5%10%Other benefits/offerings
69.9%100.0%Total Score

Thunder Funding Score Details

% Allocation to Score
9.0%10%Public Reviews Overall Score
11.7%15%Public Reviews % 5 Star Ratings
13.7%15%Public Reviews % 1 Star Ratings
5.0%5%Better Business Bureau Grade
9.7%10%Number of BBB Complaints Closed in the Last 12 Months
9.7%10%Number of BBB Complaints in the Last 3 Years
6.8%10%Assistance Availability
12.5%15%Contract length & flexibility
7.1%10%Other benefits/offerings
85.1%100.0%Total Score

RTS Financial Score Details

% Allocation to Score
8.8%10%Public Reviews Overall Score
12.5%15%Public Reviews % 5 Star Ratings
12.9%15%Public Reviews % 1 Star Ratings
5.0%5%Better Business Bureau Grade
0.0%10%Number of BBB Complaints Closed in the Last 12 Months
0.0%10%Number of BBB Complaints in the Last 3 Years
3.4%10%Assistance Availability
6.8%15%Contract length & flexibility
9.2%10%Other benefits/offerings
58.6%100.0%Total Score

Porter Freight Funding Score Details

% Allocation to Score
9.4%10%Public Reviews Overall Score
13.4%15%Public Reviews % 5 Star Ratings
14.1%15%Public Reviews % 1 Star Ratings
5.0%5%Better Business Bureau Grade
10.0%10%Number of BBB Complaints Closed in the Last 12 Months
10.0%10%Number of BBB Complaints in the Last 3 Years
4.8%10%Assistance Availability
12.5%15%Contract length & flexibility
7.9%10%Other benefits/offerings
87.1%100.0%Total Score

OTR Solutions Score Details

% Allocation to Score
9.2%10%Public Reviews Overall Score
12.6%15%Public Reviews % 5 Star Ratings
13.8%15%Public Reviews % 1 Star Ratings
4.3%5%Better Business Bureau Grade
7.9%10%Number of BBB Complaints Closed in the Last 12 Months
5.8%10%Number of BBB Complaints in the Last 3 Years
3.1%10%Assistance Availability
4.4%15%Contract length & flexibility
8.8%10%Other benefits/offerings
70.0%100.0%Total Score

eCapital Freight Factoring Corp Score Details

% Allocation to Score
9.2%10%Public Reviews Overall Score
13.2%15%Public Reviews % 5 Star Ratings
13.8%15%Public Reviews % 1 Star Ratings
4.0%5%Better Business Bureau Grade
6.2%10%Number of BBB Complaints Closed in the Last 12 Months
4.3%10%Number of BBB Complaints in the Last 3 Years
4.3%10%Assistance Availability
6.8%15%Contract length & flexibility
9.2%10%Other benefits/offerings
71.0%100.0%Total Score

Riviera Finance Score Details

% Allocation to Score
9.7%10%Public Reviews Overall Score
14.2%15%Public Reviews % 5 Star Ratings
14.6%15%Public Reviews % 1 Star Ratings
5.0%5%Better Business Bureau Grade
10.0%10%Number of BBB Complaints Closed in the Last 12 Months
10.0%10%Number of BBB Complaints in the Last 3 Years
7.7%10%Assistance Availability
13.1%15%Contract length & flexibility
4.6%10%Other benefits/offerings
88.9%100.0%Total Score

Apex Capital Corp Score Details

% Allocation to Score
9.4%10%Public Reviews Overall Score
13.4%15%Public Reviews % 5 Star Ratings
14.2%15%Public Reviews % 1 Star Ratings
5.0%5%Better Business Bureau Grade
9.2%10%Number of BBB Complaints Closed in the Last 12 Months
9.4%10%Number of BBB Complaints in the Last 3 Years
6.3%10%Assistance Availability
12.5%15%Contract length & flexibility
9.2%10%Other benefits/offerings
88.5%100.0%Total Score