Factoring | Freight factoring company
Apex Capital factoring review: rates, recourse and contract
Updated
Apex Capital is a freight factoring company that works with owner-operators and carriers new to the industry. It has recourse and non-recourse plans. Apex says it requires no long-term contract and charges no monthly minimum volume fees. It says it funds the same day or the next day, 24 hours a day, every day of the year. It also offers fuel credit lines and a fuel card.
At a glance
- Best for
- Owner-operators and new carriers who want factoring without a long-term contract
- Recourse
- Recourse and non-recourse plans
- Contract term
- Says no long-term contract is required
- Funding speed
- Says it funds the same day or the next day
- New authorities
- Says it works with carriers new to the industry
Our take
Apex Capital is set up for carriers in their first months, so the main question is price. Get the rate, the advance and what the non-recourse plan covers in writing before you choose, because its factoring page leaves that coverage out. Use the broker credit checks it describes as free and unlimited before you haul for anyone new.
Pros
- Recourse and non-recourse plans
- Fuel credit lines and a fuel card
Cons
- Rates and advances aren't published
Rates and fees
| Term | Apex Capital |
|---|---|
| Recourse | Recourse and non-recourse plans Ask what the non-recourse plan covers before you sign.Same since 2025 |
| Broker credit checks | Says it offers free unlimited broker credit checksSame since 2025 |
Contract and cancellation
| Term | Apex Capital |
|---|---|
| Contract term | Says no long-term contract is requiredSame since 2025 |
| Minimum volume | Says it charges no monthly minimum volume feesSame since 2025 |
Funding, new authorities and fuel
| Term | Apex Capital |
|---|---|
| Funding speed | Says it funds the same day or the next day Says funding runs 24 hours a day, every day of the year.Same since 2025 |
| New authorities | Says it works with carriers new to the industrySame since 2025 |
| One truck | Says it serves owner-operatorsSame since 2025 |
| Fuel program | Offers fuel credit lines and a fuel cardSame since 2025 |
Apex Capital alternatives
| Name | Published rate | Recourse | Contract |
|---|---|---|---|
| eCapital Freight Factoring | Recourse or non-recourse options | Says no long-term contract is required | |
| Triumph | 2% to 3% per invoice for QuickPay | Non-recourse available | Says QuickPay needs no contract |
Frequently asked questions
Does Apex Capital work with new authority?
Yes. It works with owner-operators and carriers new to the industry.
Does Apex Capital require a contract?
Apex says you don't need a long-term contract and won't pay monthly minimum volume fees.
Is Apex Capital recourse or non-recourse?
It offers both. Ask what the non-recourse plan covers before you choose it, because the factoring page doesn't spell that out.
How fast does Apex Capital fund?
Same day or next day, it says, at any hour on any day of the year.
Does Apex Capital have a fuel card?
Yes. Apex also offers fuel credit lines.