NY/NJ TRUCKING BUSINESS TOOLS

Factoring & Business Services

Compare factoring and business services that can help owner-operators and small fleets manage cash flow, payments, and day-to-day business operations.

Freight Factoring Options

Compare factoring providers, funding options, and additional services for owner-operators and small trucking fleets.

Provider Key Benefit May Benefit Factoring Options Business Extras Important Note
OTR Solutions Trucking-focused factoring with flexible funding options and strong digital tools Owner-operators and fleets wanting fast funding and freight-specific support Recourse & non-recourse programs • No monthly minimums • 24/7 funding Broker credit checks • Mobile app • Invoicing & collections • Fuel program Compare the terms and protections of the specific recourse or non-recourse program offered
RTS Financial Freight factoring built around quick invoice submission and same-day funding Carriers wanting straightforward factoring with mobile account access Same-day funding • Competitive advance rates • Invoice factoring Credit analysis • Collections • Mobile/web access • Fuel card program Rates and final terms depend on underwriting and the factoring agreement
eCapital Freight factoring combined with broader financial and back-office support Owner-operators and growing fleets wanting factoring plus operational support Recourse & non-recourse options • Same-day/priority funding options Back-office support • Credit checks • Fuel program • Mobile tools Costs depend on the services used and invoices factored; request current terms
Apex Capital Trucking-focused factoring with flexible programs and carrier-specific tools Owner-operators and small fleets wanting factoring built specifically around trucking Recourse & non-recourse options • No monthly minimum-volume fees • 24/7 factoring for qualifying clients Broker & shipper credit checks • Fuel tools • Mobile app • Collections support • Roadside benefits Compare the specific factoring plan, rate, and recourse terms offered to your business
altLINE Bank-backed freight factoring with publicly stated starting rates and flexible terms Owner-operators and small fleets wanting transparent published starting information Up to 100% advance • Rates advertised as low as 0.90% • Same-day funding • No monthly minimums Broker & shipper credit checks • Dedicated account manager Advertised rates are starting rates; actual pricing and approval depend on the business and invoices

OTR Solutions

Key BenefitTrucking-focused factoring with flexible funding options and strong digital tools
May BenefitOwner-operators and fleets wanting fast funding and freight-specific support
Factoring OptionsRecourse & non-recourse programs • No monthly minimums • 24/7 funding
Business ExtrasBroker credit checks • Mobile app • Invoicing & collections • Fuel program
Important NoteCompare the terms and protections of the specific recourse or non-recourse program offered

RTS Financial

Key BenefitFreight factoring built around quick invoice submission and same-day funding
May BenefitCarriers wanting straightforward factoring with mobile account access
Factoring OptionsSame-day funding • Competitive advance rates • Invoice factoring
Business ExtrasCredit analysis • Collections • Mobile/web access • Fuel card program
Important NoteRates and final terms depend on underwriting and the factoring agreement

eCapital

Key BenefitFreight factoring combined with broader financial and back-office support
May BenefitOwner-operators and growing fleets wanting factoring plus operational support
Factoring OptionsRecourse & non-recourse options • Same-day/priority funding options
Business ExtrasBack-office support • Credit checks • Fuel program • Mobile tools
Important NoteCosts depend on the services used and invoices factored; request current terms

Apex Capital

Key BenefitTrucking-focused factoring with flexible programs and carrier-specific tools
May BenefitOwner-operators and small fleets wanting factoring built specifically around trucking
Factoring OptionsRecourse & non-recourse options • No monthly minimum-volume fees • 24/7 factoring for qualifying clients
Business ExtrasBroker & shipper credit checks • Fuel tools • Mobile app • Collections support • Roadside benefits
Important NoteCompare the specific factoring plan, rate, and recourse terms offered to your business

altLINE

Key BenefitBank-backed freight factoring with publicly stated starting rates and flexible terms
May BenefitOwner-operators and small fleets wanting transparent published starting information
Factoring OptionsUp to 100% advance • Rates advertised as low as 0.90% • Same-day funding • No monthly minimums
Business ExtrasBroker & shipper credit checks • Dedicated account manager
Important NoteAdvertised rates are starting rates; actual pricing and approval depend on the business and invoices

Which Freight Factoring Service May Fit Your Operation?

Answer a few quick questions to see which freight factoring providers may be worth checking out based on your operation and business needs.

1. What best describes your operation?

2. What matters most when getting invoices funded?

3. How do you feel about the risk of a customer not paying an invoice?

4. How important are trucking-specific extras?

5. Which approach sounds most important to you?

Please answer all five questions before viewing your results.

Providers to Check Out

Based on your answers, these providers have features that may align with your operation and factoring needs.

This tool is intended to help narrow your comparison. It does not determine which factoring provider is best for your business. Approval, factoring rates, advance amounts, funding speed, contract terms, recourse provisions, and other conditions can depend on your business, customers, invoices, and the provider’s current terms. Review the factoring agreement carefully before signing.

Choosing a Freight Factoring Service

Freight factoring can help improve cash flow by allowing a trucking business to receive money from eligible invoices before the customer pays. Providers can differ in factoring fees, advance amounts, funding speed, contract terms, recourse or non-recourse options, and the additional services they provide.

Before choosing a factoring provider, compare the total cost of factoring, how and when funds are delivered, contract length, minimum requirements, termination terms, and what happens if a customer does not pay. Also consider whether extras such as broker credit checks, fuel programs, collections support, or other trucking services are actually useful to your operation.

Visit the Freight Factoring Providers

OTR Solutions
Visit OTR Solutions ->

RTS Financial
Visit RTS Financial ->

eCapital
Visit eCapital ->

Apex Capital
Visit Apex Capital ->

altLINE
Visit altLINE->

Freight factoring information reviewed: September 2026. Rates, advance amounts, funding times, contract terms, recourse provisions, eligibility requirements, and additional services may change. Verify current details with the provider before signing an agreement.