Riviera Finance is a freight factoring company serving carriers in the US and Canada. It runs credit checks on customers and offers bad debt protection, taking on the credit risk of the factored invoices.
Quickpay Funding is a freight factoring company for owner-operators, fleets and freight brokers. Its factoring operations run 24/7, including invoice funding, credit checks, fuel advances and live support, and invoices can be funded through Real-Time Payments, including weekends and holidays. Clients also get carrier packet management, a fuel card program and an online portal.
Single Point Capital is an invoice factoring company based in Humble, Texas, serving carriers in the Houston area, across Texas and nationwide. Programs include freight factoring with same-day payment, a veterans factoring program, a start-up program and a fuel card. The company also offers factoring for freight brokers and the Single Point app.
Truckstop Factoring is the freight factoring service of Truckstop, the load board company. It offers express funding, including nights and weekends, and non-recourse options. Invoices are uploaded through the portal or mobile app, and clients get broker credit checks.
Love's Financial is the freight factoring arm of Love's, the travel stop chain, for owner-operators and large fleets. Carriers send invoices with proof of delivery for same-day funding, with recourse and non-recourse factoring. Factoring clients can add Love's services such as fuel programs, a credit line on the Love's billing program, Love's Truck Care and Speedco, and emergency roadside service.
FactorTek is a freight factoring company based in Miami, Florida, for owner-operators and trucking fleets of every size. It offers same-day payments, non-recourse factoring, broker credit checks and full back-office support from invoicing to collections. Fuel advances on a BOL and rate confirmation are available, along with the TCS Fuel Card.
Tetra Capital is a freight bill factoring company based in Draper, Utah, working with transportation companies of all sizes. Carriers can submit scanned or faxed paperwork for funding. Clients also get fuel cards, fuel advances, credit checks on new customers and an online system to track invoice status.