Freight Factoring Companies for owner-operators & small fleets

Factoring companies buy your freight invoices and pay you within a day or so, minus a fee. Pricing is almost always quote-based and depends on volume, your brokers’ credit, and whether the deal is recourse or non-recourse. Read the contract terms as carefully as the rate.

12 factoring companies at a glance

NameStarting price (published)Best for
Apex CapitalQuote-basedOwner-operators & small fleets
BobtailQuote-basedOwner-operators & small fleets
CFX SolutionsQuote-basedOwner-operators & small fleets
eCapital (incl. former TAFS)Quote-basedOwner-operators & small fleets
OTR SolutionsQuote-basedOwner-operators & small fleets
OutgoQuote-basedOwner-operators & small fleets
Porter Freight FundingQuote-basedOwner-operators & small fleets
Riviera FinanceQuote-basedSmall fleets
RTS FinancialQuote-basedOwner-operators & small fleets
Summar FinancialQuote-basedOwner-operators & small fleets
Thunder FundingQuote-basedOwner-operators & small fleets
TriumphQuote-basedOwner-operators & small fleets

Listed in no particular ranking order. Prices were checked on vendor sites on October 30, 2026 and can change at any time. “Contact for pricing” means the vendor does not show a price publicly and quotes on request.

What to check before you choose

  • Ask for the all-in rate, including ACH, wire, fuel-advance and monthly-minimum fees, not just the headline percentage.
  • Understand recourse vs. non-recourse: who eats the loss if a broker does not pay?
  • Check contract length, notice periods, and termination or UCC-release terms before signing.
  • Ask whether you must factor every load or can choose (spot factoring).
  • Confirm how fast funds arrive, including on weekends, and how they arrive.

All factoring companies

Apex Capital

Trucking factoring company with fuel card and back-office extras.

Quote-basedOwner-operators & small fleets

Bobtail

Factoring plus a fee-free fleet card for small carriers.

Quote-basedOwner-operators & small fleets

CFX Solutions

Same-day freight factoring with up to 98% advance rates, plus a fuel card network, 24/7 instant payouts and free dispatch/TMS software.

Quote-basedOwner-operators & small fleets
Visit cfxfactor.com ↗Affiliate link: we may earn a commission at no cost to you.

eCapital (incl. former TAFS)

Large factoring and commercial finance lender; tafs.com now redirects here.

Quote-basedOwner-operators & small fleets

OTR Solutions

Freight factoring and fuel card provider serving owner-operators and small fleets.

Quote-basedOwner-operators & small fleets

Outgo

DAT-owned factoring with fast payment and banking features.

Quote-basedOwner-operators & small fleets

Porter Freight Funding

Factoring and fuel card savings for small carriers with a partner and referral program.

Quote-basedOwner-operators & small fleets

Riviera Finance

General invoice factoring company that also serves trucking.

Quote-basedSmall fleets

RTS Financial

Factoring plus fuel card, load board and trucking services under the RTS Pro app.

Quote-basedOwner-operators & small fleets

Summar Financial

Same-day freight factoring with TMS and fuel card add-ons.

Quote-basedOwner-operators & small fleets

Thunder Funding

Trucking factoring with fuel advances and carrier services.

Quote-basedOwner-operators & small fleets

Triumph

Factoring and payments network for carriers and brokers (formerly Triumph Business Capital).

Quote-basedOwner-operators & small fleets

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