# Best Invoice Factoring Companies of 2026: Ranked and How to Choose Seven invoice factoring companies, ordered by how much each publishes about its own terms (advance rate, fee, recourse, minimums), because that is what an outsider can verify. No ratings, scores or review counts: every figure is quoted from the company's own page, with the date it was read. Capital Gurus is not affiliated with any of them. [See your financing options](https://capitalgurus.com/apply/) · [Or call (725) 425-4307](tel:+17254254307) This checks options with providers in Capital Gurus' network — not with the companies listed on this page. ## Seven companies, one test: what each puts in writing New to the product? [Invoice factoring](https://capitalgurus.com/loans-and-financing/invoice-factoring/) explains the advance, the reserve, the factoring fee and what recourse means; this page assumes you have decided. 1. How the list was built 2. The ranked table 3. The seven companies 4. What to ask before you sign 5. Applying once through Capital Gurus 6. If factoring is not the right tool - Ordered by published detail - Every page read on 7 October 2026 - No ratings, scores or paid placements - All: [Guides](https://capitalgurus.com/guides/) - Read beside it: [what is working capital](https://capitalgurus.com/guides/what-is-working-capital/) Capital Gurus is not a lender. Rates, fees and terms are set by the funding provider and disclosed in your agreement. Capital Gurus is not affiliated with the companies named here; they did not pay for, review or approve this page. Checking your own options is a soft credit pull only. ## Part 1. How this list was built, in one screen There is no public volume data for factoring, so a volume ranking would be invented. What can be checked is what each company is willing to put in writing. Nobody publishes how many invoices each factoring company bought last year, the way the SBA publishes lender approvals. In a market where the price is negotiated per customer, what a company publishes is a real signal: the companies that publish a range have decided to be held to it. So the order is **how much commercial detail each company publishes on its own public pages**, judged on eight things. Companies that publish an advance rate *and* a fee rank above companies that publish neither. **The eight things checked on each company's own pages** - Advance rate and fee - Funding speed and set-up time - Minimums and reserves - Recourse terms, industries and geography ### How the figures were sourced Quoted from each company's own linked page, read 7 October 2026. Nothing estimated or averaged; no figures of our own. ### What the order is not Not a price, service or approval ranking: none publishes its credit box. No scores or reviews; nobody applied to write it. **What was left out, and what this page does not know** RTS Financial was considered and dropped: its own website could not be reached over a valid secure connection on 7 October 2026, so nothing it publishes could be verified. A company that cannot be read cannot be listed. This page does not know the price you would be quoted, whether a company will approve your customers, how it handles a disputed invoice or a short payment, how its collections team speaks to your buyers, or whether these pages still say the same thing when you read this. ## Part 2. The ranked list: what each company publishes Each company in the order above, with the advance rate and fee it publishes and its other published terms. Quoted wording is the company's own, read on 7 October 2026. | Company · best for | Advance rate and fee it publishes | Other published terms · read 7 Oct 2026 | | --- | --- | --- | | **1. Universal Funding** · a general B2B ledger, with the most numbers on the page | Advance "80% – 95% of the invoice value upfront"; fee "1% to 5% of the invoice value per month", and the page also advertises rates "starting as low as 0.55%" | Funding "24–48 hours"; set-up "3–5 business days"; "monthly minimums as low as $10,000"; staffing, manufacturing, oil and gas, wholesale, janitorial, transportation; "since 1998". Recourse: not published | | **2. altLINE** · an owner who wants a bank-owned factor | Advance "80-90% of the invoice value"; fee "typically 1-5%" | "A division of The Southern Bank Company"; funding "within 24 hours"; staffing, trucking, oil and gas, janitorial, wholesale, manufacturing and more. Recourse and geography: not published | | **3. eCapital** · invoices in the United States, Canada or the United Kingdom | Advance "as high as 100% of the invoice amount, depending on the specific terms agreed upon"; fee "can range from 1% to 5% or more" | Funding "within 24 to 48 hours"; transportation, staffing, manufacturing, wholesale, healthcare, consumer goods; US, Canada and UK country options. Recourse: not published | | **4. FundThrough** · funding selected invoices straight from your accounting software | "Get 100% of your invoice value up front, less one flat fee"; the fee amount is not published | "Get paid in a day (after first funding)"; integrations with "Intuit QuickBooks", "Xero", "Sage" and "Enverus"; "Businesses across North America". Recourse: not published | | **5. Triumph** · carriers and freight brokers factoring load by load | Not published | "No Minimums/No Reserves"; "a purchase decision in seconds on most invoices"; "Triumph takes the risk on approved brokers — no charge backs!"; broker credit checks, fuel cards, insurance | | **6. OTR Solutions** · owner-operators and small fleets who want cover, not the lowest sticker | Not published | "True Non-Recourse Factoring"; "No chargebacks, even after 90 days"; "No Monthly Minimums"; funds released "in hours, not days — even on bank holidays"; fuel card "save an average of $0.50 per gallon" | | **7. Riviera Finance** · a local office and full-service collections rather than an online-only facility | Not published | "Full-service, non-recourse invoice factoring"; "more than 25 invoice factoring company offices located throughout the US and Canada"; "Founded in 1969"; its page states that funding within 24 hours is guaranteed | "Not published" means the figure was not on the page we read, not that it does not exist: ask for it. None of these figures is an offer from Capital Gurus or anyone else; your own advance rate and fee are set by the company you sign with. ## Part 3. The seven companies, one at a time The same order as the table, with what each page does well and what it leaves out, as published. ### Universal Funding No. 1 **In its favour:** an advance range, a fee range, a funding window, a set-up window and a minimum, all on one page, so a small ledger can test itself before speaking to anyone; a named B2B industry list and "since 1998". **Against it:** the page also advertises rates "starting as low as 0.55%", which sits oddly beside the "1% to 5%" per-month range, so ask which applies to invoices like yours. Recourse terms and geography are not published. Source: [universalfunding.com/invoice-factoring/](https://www.universalfunding.com/invoice-factoring/), read 7 October 2026. ### altLINE No. 2 **In its favour:** a factoring division of a bank, which is unusual in this market; it publishes both numbers that decide the arithmetic, plus funding "within 24 hours", and states plainly who holds the paper. **Against it:** the page does not say whether facilities are recourse or non-recourse, the single most consequential term in a factoring agreement, and publishes no facility size or geography. Source: [altline.sobanco.com/invoice-factoring/](https://altline.sobanco.com/invoice-factoring/), read 7 October 2026. ### eCapital No. 3 **In its favour:** the broadest published geography of the seven, with country options for the United States, Canada and the United Kingdom, a practical answer for a business invoicing across those borders, and funding "within 24 to 48 hours". **Against it:** both published ranges are open-ended ("as high as" at one end, "or more" at the other), so neither says much about a typical file. Recourse terms are not published. Source: [ecapital.com/invoice-factoring/](https://ecapital.com/invoice-factoring/), read 7 October 2026. ### FundThrough No. 4 **In its favour:** a genuinely different structure, one fee on the whole invoice rather than an advance with a reserve held back, which is easy to model; invoices are selected from the accounting system you already keep, and it is pitched at suppliers to large enterprise and government customers. **Against it:** the flat fee itself is not published, so the headline gives the shape of the deal and nothing about its price. Recourse terms are not published. Source: [fundthrough.com](https://www.fundthrough.com/), read 7 October 2026. ### Triumph No. 5 **In its favour:** freight-focused, and "No Minimums/No Reserves" removes the two clauses that can make a facility cost more than the quoted fee; non-recourse cover on approved brokers is stated bluntly, and you "factor the loads you want from the brokers you choose". **Against it:** no advance rate or fee appears on the page, so you cannot compare it on cost without asking, and the cover is limited to brokers it has approved. Source: [triumph.io/carrier/factoring/](https://triumph.io/carrier/factoring/), read 7 October 2026. ### OTR Solutions No. 6 **In its favour:** built for owner-operators, with clear chargeback language: "True Non-Recourse Factoring" with "no chargebacks, even after 90 days", which covers broker non-payment rather than disputes; "No Monthly Minimums" and a bundled fuel card. **Against it:** no advance rate and no fee are published, and the stated fuel saving is an average rather than a floor. If the fuel card does part of the pricing, you need both numbers to compare. Source: [otrsolutions.com/factoring-for-owner-operators](https://otrsolutions.com/factoring-for-owner-operators), read 7 October 2026. ### Riviera Finance No. 7 **In its favour:** branch offices rather than an app, full-service collections, and a page that says it will consider "any industry or trade as long as you invoice your customer", alongside sectors including transportation, temporary staffing, energy and telecom. **Against it:** no advance rate, fee or minimum on the page, so the whole commercial side is a conversation; "full-service" also means the factoring company talks to your customers, which suits some owners and not others. Source: [rivierafinance.com](https://www.rivierafinance.com/), read 7 October 2026. **Decisions from some providers the same day, depending on the provider.** Subject to provider approval and document turnaround. [Get my options](https://capitalgurus.com/apply/) · [Call (725) 425-4307](tel:+17254254307) ## Part 4. What should I ask a factoring company before I sign? None of these questions has a number on this page, because the answers are yours. Take all of them to every company you shortlist. 1. **Which of my customers will you approve, and at what advance rate each?** — Approval is per customer, so a facility is only as large as the customers inside it. 2. **What is the fee, charged per what period, and what else is charged?** — Ask about set-up, due diligence, UCC filing, wire and ACH charges, verification, invoices that age past an agreed point, and a termination charge inside the initial term. 3. **Is it recourse or non-recourse, and what is excluded?** — Get the exclusions in writing before you compare prices. 4. **Is a reserve held, and is there a monthly minimum?** — Both change the all-in cost of a facility quoted at the same fee. 5. **Will my customers be notified, and who collects?** — A notice of assignment changes how your customers experience your business. 6. **Is there a limit on my largest customer, and what does it cost to leave?** — Many agreements cap how much of one customer's balance they will fund, and an attractive headline fee with a long lock-in can cost more than a plainer fee you can walk away from. **Check for an existing lien first** Anything filed earlier against your receivables must be released or subordinated before a factoring company can buy them: see [what a blanket lien is](https://capitalgurus.com/blog/what-is-a-blanket-lien/). A personal guarantee of the agreement is commonly required; [personal guarantees explained](https://capitalgurus.com/blog/personal-guarantees-explained/) sets out what signing one means. ## Part 5. Applying once through Capital Gurus Applying in several places is wasteful with factoring: each company re-underwrites your customers, and each notice of assignment your buyers receive is a conversation you have to have. Capital Gurus does not buy invoices or set terms. On a factoring file it sends one application and one set of documents to the providers in our network whose guidelines fit your receivables and your industry, because a receivable one company declines can be routine for another that specialises in it. A funding specialist reads the ledger, checks for an earlier lien, and says plainly whether factoring or another product fits. **What a factoring file usually needs** - An accounts-receivable aging report - Sample invoices - The customers you want to factor Capital Gurus is never the factoring company, makes no credit decision and sets no advance rate or fee; the company that funds your invoices sets those, in the agreement you sign. No company on this page is named because of any relationship with us. - [how a business loan broker works](https://capitalgurus.com/guides/how-a-business-loan-broker-works/) - [what providers ask for in an application](https://capitalgurus.com/guides/business-loan-requirements/) ## Part 6. What if factoring is not the right tool? Factoring fits one shape of problem: the work is done, the invoice is good, and the wait is longer than your payroll cycle. **It is the wrong tool when** - You sell to consumers, so there is no commercial invoice to factor - The need is an asset or a long project rather than a timing gap - The gap is recurring but modest, and a revolving facility could cover it - You would rather your customers never heard from a third party - **Revolving** — A recurring, modest gap: [business line of credit](https://capitalgurus.com/loans-and-financing/line-of-credit/) · [working capital financing](https://capitalgurus.com/loans-and-financing/working-capital/) - **Receivables** — Keep collecting your own invoices: [invoice financing](https://capitalgurus.com/loans-and-financing/invoice-factoring/invoice-financing/) · [receivables financing](https://capitalgurus.com/loans-and-financing/invoice-factoring/ar-financing/) - **Trucking** — Your receivables are freight: [freight factoring](https://capitalgurus.com/industries/transportation/invoice-factoring/) · [invoice factoring](https://capitalgurus.com/loans-and-financing/invoice-factoring/) - **12 mo** time in business - **$15K** monthly revenue - **525** credit considered from - **3 mo** bank statements plus a government ID Some providers consider applications at these minimums. Meeting a minimum does not guarantee an offer. These minimums apply to other products in our network, not to a factoring facility: factoring is underwritten on your customers, so each factoring company sets its own floor. - [invoice factoring vs. line of credit](https://capitalgurus.com/blog/invoice-factoring-vs-line-of-credit/) This page is re-read against each company's own pages and corrected when they change, with a dated note. Our standards for sourcing, review and correction are in the [editorial policy](https://capitalgurus.com/editorial-policy/). ## Key takeaways 1. **The order rewards what a company puts in writing, not its price, service or approval odds.** 2. **Four of the seven publish an advance rate; three publish nothing on price.** 3. **"Not published" means ask, not that the figure does not exist.** 4. **Read the recourse exclusions before you compare fees.** 5. **Reserves, minimums and exit charges change the cost of a facility quoted at the same fee.** 6. **Your advance rate and fee are set by the factoring company you sign with.** - [talk to a funding advisor](https://capitalgurus.com/contacts/) - [see your financing options](https://capitalgurus.com/apply/) ## Keep reading ### Guides - [What is working capital](https://capitalgurus.com/guides/what-is-working-capital/) - [How a business loan broker works](https://capitalgurus.com/guides/how-a-business-loan-broker-works/) - [Business loan requirements](https://capitalgurus.com/guides/business-loan-requirements/) [Guides](https://capitalgurus.com/guides/) ### From the blog - [Invoice Factoring vs. Line of Credit: Weighing Your Options](https://capitalgurus.com/blog/invoice-factoring-vs-line-of-credit/) - [What Is a Blanket Lien and How Does It Affect Small Business Financing?](https://capitalgurus.com/blog/what-is-a-blanket-lien/) - [7 Effective Ways to Improve Working Capital Without Debt](https://capitalgurus.com/blog/improve-working-capital-without-debt/) [Blog](https://capitalgurus.com/blog/) ## Frequently asked questions ### Which invoice factoring company is the best? There is no single answer, and any page that gives you one is guessing. Factoring is priced per customer and per industry, so the company that fits a staffing agency with three large clients is rarely the one that fits an owner-operator hauling for twenty brokers. This page ranks on published transparency, then tells you what to compare. ### What advance rate should I expect? Capital Gurus publishes no advance-rate figure, because the number depends on your customers, your invoices and the company you sign with. Several companies publish ranges on their own sites, quoted in the table above with the date each page was read. Treat a published range as a starting point, not as your offer. ### How much does invoice factoring cost? It is priced as a factoring fee, a percentage of the invoice value for each period the invoice stays unpaid, set by the factoring company and stated in the factoring agreement. Nothing is quoted as an interest rate, because nothing is borrowed. Several companies on this page publish fee ranges; the rest publish no figure. ### Is a trucking factoring company different from a general one? In practice, yes. Freight factoring is built around the load: a rate confirmation and a bill of lading prove delivery, broker credit is checked constantly, and fuel cards and insurance are often bundled in. General commercial factoring is built around an accounts-receivable aging report and a named list of customers instead. ### What does non-recourse factoring actually cover? Less than the word suggests. Non-recourse usually means the factoring company absorbs the loss if an approved customer becomes insolvent. Disputes about your work, short payments, deductions and customers who simply go quiet are normally excluded. The exclusions live in the factoring agreement, so read those before you compare fees. ### Will my customers know I am factoring? In many facilities, yes. The factoring company sends a notice of assignment telling your customer to pay it rather than you, and may verify the invoice with your customer directly. Some arrangements are confidential and leave collection with you, usually at a higher fee. Ask which you are being offered before you sign. ### Do the companies on this page pay to be listed? No. None of them paid for, reviewed or approved this page, and none is named because of a business relationship with Capital Gurus. They were selected from public pages, and every quotation carries the page and the date it was read. Naming a company here is not a recommendation to use it. ### Can Capital Gurus arrange factoring instead? Capital Gurus does not buy invoices itself. One application reaches providers in our network whose guidelines fit your receivables and your industry, and a funding specialist goes through your ledger and any existing lien before anything is signed. Advance rates, fees and recourse terms are always set by the factoring company that makes the offer. Still have a question? [talk to a funding advisor](https://capitalgurus.com/contacts/) ## Decisions from some providers the same day, depending on the provider. Subject to provider approval and document turnaround. [Apply now](https://capitalgurus.com/apply/) · [Call (725) 425-4307](tel:+17254254307) About 5 minutes, soft credit pull only · [talk to a funding advisor](https://capitalgurus.com/contacts/) By the Capital Gurus Editorial Team · Reviewed by Joseph Wartz · [Editorial policy](https://capitalgurus.com/editorial-policy/) --- Source: https://capitalgurus.com/guides/best-invoice-factoring-companies/ · Last reviewed 2026-11-09 · Capital Gurus is not a lender.