Factoring
Trucking factoring fees: what each company charges
Updated
As of October 2026, factoring companies that publish a rate mostly publish a floor: altLINE's is "as low as 0.90%" and Porter Freight Funding's is "starting at 1.5%". Owners on trucking forums who named their own rate reported 2% to 3% of the invoice. The advance, reserve, transfer fees and contract decide how much of each invoice you keep.
At a glance
- Owner-reported rates
- 2% to 3% of the invoice, seven owners
- Lowest published rate
- As low as 0.69%, at Commerce Commercial Credit
- How published rates are worded
- Mostly "as low as" or "starting at"
- Checked
- October 17, 2026
What changes the cost of factoring
The rate is one line. These change what you keep.
Volume
Volume moves the rate. An Outgo customer's rate drops past $18,000, and a BasicBlock customer said the headline rate is 2.5% and they pay less because their volume is good.
Advance and reserve
The advance is what you get up front, and the reserve waits until the broker pays.
| Company | Advance | Reserve |
|---|---|---|
| Commerce Commercial Credit | 80% to 95% | Its example: a 90% advance with a 10% reserve |
| Thunder Funding | Typically 90% to 95% | 5% to 10%, held until your customer pays |
| Outgo | 100% | None |
| Bobtail | Advertises none | |
| Triumph | Advertises none | |
| Truckstop | Advertises none |
Transfer fees
- Porter Freight Funding: a $2 transaction fee in its own example
- Bobtail: extra for expedited payments, with same-day and next-day pay free
- Wallace Factoring: extra for a wire
- Truckstop: underwriting and per-invoice fees
One owner reported no ACH fees at OTR Solutions, and an OCC customer negotiated the ACH fee away.
Minimums
1st Commercial Credit lists a $75,000 minimum purchase, and Scale Funding's factoring lines start at $50,000. altLINE, BasicBlock, Riviera Finance and Triumph advertise no minimums.
Leaving the contract
ACS Factors, Outgo and TCE East advertise no termination or cancellation fees. One forum warning said a factor, which it didn't name, was charging $5,000 for early termination.
What owners report paying
These are rates seven owners posted online for their own factoring, one line per owner. They run from 2% to 3% of the invoice.
| Factoring company | Rate the owner reported | Terms they mentioned |
|---|---|---|
| OTR Solutions | 2% | Non-recourse, no ACH fees |
| OCC | 2% | The owner negotiated the ACH fee away |
| BasicBlock | 2% | |
| Porter Funding Solutions | 2% | Non-recourse, which the owner qualified by pointing to the fine print |
| Truckstop | 2.9% | Same factor for three years |
| Outgo | 3% up to $18,000, then 2.5% | Month to month, which the owner described as no real contract |
| TAFS | 3% | From an owner's online review, which says a trailer rental promised before signing was later refused |
What a rate costs on a month of loads
The fee is the rate times what you bill. On a steady month of loads:
| Rate | On $10,000 a month | Per year | On $20,000 a month | Per year |
|---|---|---|---|---|
| 1.5% | $150 | $1,800 | $300 | $3,600 |
| 2% | $200 | $2,400 | $400 | $4,800 |
| 2.5% | $250 | $3,000 | $500 | $6,000 |
| 3% | $300 | $3,600 | $600 | $7,200 |
The gap between 2% and 3% on $20,000 a month is $2,400 a year, before any transfer fees.
Price the offer in front of you. Put the rate, advance, fee per payment and any monthly fee into the factoring calculator. It shows the fee each month and each year, the cash you'd have by day three and the fee as a yearly interest rate, next to a broker's quick pay. Factoring calculator
Published rates by company
Most published rates are floors. "As low as" and "starting at" give the best case, and some pages say who gets it: Porter's 1.5% is for eligible carriers, and Thunder Funding's 1.49% is for new clients. These are the rates on each company's own pages, checked October 17, 2026.
| Company | Published rate | How it's worded |
|---|---|---|
| Commerce Commercial Credit | 0.69% to 4.9% | "As low as" |
| altLINE | 0.90% | "As low as" |
| Pristine Factors | 1% | "Starting at" |
| Outgo | 1.0% | "As low as" |
| Sound Finance | 1.25% | Stated as its rate |
| Thunder Funding | 1.49% | For new clients, and it may vary |
| Porter Freight Funding | 1.5% | "Starting at", for eligible carriers |
| 1st Commercial Credit | 1.5% to 3% | Non-recourse range, with a $75,000 minimum purchase on the same page |
| Bobtail | 1.5% to 3.5% per invoice | "Usually" |
| AmeriFactors | 2% | "Starting as low as" |
| TCE East | Under 2.20% | "Starting under" |
| Triumph | 2% to 3% per invoice | For Triumph's own QuickPay product |
| BasicBlock | Flat rate | Percentage not published |
RTS Financial, TAFS, OTR Solutions and Apex Capital, some of the most searched names in factoring, show no rate on their factoring pages. Ask each one for its rate in writing.
Get the whole offer in writing
Ask every factoring company for the same lines before you sign: the rate, the advance, the reserve and when it's released, every fee per payment, any minimum and what it costs to leave. Then compare the offers on the same month of loads.
Whether an unpaid invoice comes back to you matters as much as the rate, and recourse vs non-recourse factoring covers it. To weigh factoring against a broker's own fast pay, see quick pay vs factoring. New carriers can start with factoring for a new authority.
Frequently asked questions
What is a typical factoring rate for trucking?
Owners on trucking forums who named their own rate reported 2% to 3% of the invoice. Most published rates are floors worded "as low as" or "starting at", such as altLINE's 0.90% and Porter Freight Funding's 1.5%.
What is the lowest published factoring rate?
Commerce Commercial Credit publishes "as low as 0.69%", in a range that runs to 4.9%. Like other "as low as" rates, it's the best case.
How much does 3% factoring cost on $10,000 a month?
It costs $300 a month, or $3,600 a year. On $20,000 a month, 3% costs $600 a month, or $7,200 a year.
Do factoring companies charge fees beyond the rate?
Some do. Porter Freight Funding's own example includes a $2 transaction fee, Wallace Factoring charges extra for a wire and Truckstop adds underwriting and per-invoice fees.
Which of the most searched factoring companies publish no rate?
RTS Financial, TAFS, OTR Solutions and Apex Capital show no rate on their factoring pages, so ask each one for its rate in writing.