MCA Shield · Invoice factoring company comparison
Compare Invoice Factoring Companies for Your Business
Looking for the best invoice factoring companies for your business? Compare 10 factoring companies and use the expanded profiles to research rates and fees, advance structures, contract terms, recourse versus non-recourse factoring, eligibility, customer-review sources and accounts receivable factoring considerations.
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How this directory works: Company cards are divided into two display groups. Positions 1–5 rotate only within positions 1–5 every 24 hours, while positions 6–10 rotate only within positions 6–10 on the same schedule. The fixed comparison table does not rotate. Rotation within either group is not a quality ranking. Sponsored placements may be available; any paid placement must be clearly labeled “Sponsored.” MCA Shield may receive referral compensation. Inclusion, display position and third-party ratings are not endorsements or guarantees of suitability. Company-specific costs, terms, ratings and reviews should be confirmed from dated sources on each expanded profile.
Why these 10 factoring companies were selected
MCA Shield selected these companies to offer a useful mix of factoring options for different business funding needs, industries, invoice volumes and eligibility criteria. The selection includes bank-operated factoring, online invoice funding, freight-focused services and providers offering broader commercial financing.
Each company also had enough publicly verifiable information to support a meaningful research profile, including company disclosures and available independent records. Bringing those sources together helps business owners assess potential fit and identify questions to ask before applying. Inclusion does not mean a company will suit every business or that this list covers every available provider.
Compare 10 Invoice Factoring Companies
These companies are included as research starting points for businesses comparing accounts receivable factoring companies. Use the expanded profiles for sourced company-specific details rather than treating this list as a ranking of the “best factoring companies.”
| Company | Cost research | Structure research | Reputation research | Expanded profile |
|---|---|---|---|---|
| 1st Commercial Credit | General advertised rate: 0.69%–1.59% ↗; trucking: 1.5%–3% ↗. Conditional company figures, not APRs. | Commercial invoices; construction: 1+ year and $100K+/month ↗. Standard program-wide minimums and security terms require confirmation. | BBB A+ / Accredited ↗; 0 BBB complaints ↗. No verified Trustpilot score in research. | View profile → |
| altLINE | Initial fee: 0.5%–3.0%; 80%–90% advance ↗; typical origination $150–$500. Verify fee increases over time. | Bank-operated factoring; invoice-customer credit matters. Universal FICO, revenue and minimum factoring-volume thresholds not verified. Recourse/UCC are product-specific. | BBB A+ / Accredited ↗; Trustpilot 4.4/5 (69 reviews) ↗; 1 BBB complaint ↗. | View profile → |
| Charter Capital | Fees from 1%; commonly 1%–3% for qualifying accounts. Confirm the fee period. Source ↗ | Typical advance around 90%; detailed cost page advertises up to 98%. Startups considered; selective invoices permitted within a recurring relationship, not a one-time transaction. Source ↗ | BBB A+ / Accredited; Trustpilot 4.1/5 from 5 reviews in the profile snapshot. Source ↗ · Trustpilot ↗ | View profile → |
| eCapital | Quote-based pricing; educational 1%–5% ranges are not a universal eCapital rate sheet. Source ↗ | Advance and recourse terms vary by program. Freight FAQ permits selecting customers but requires factoring all loads from a selected customer; confirm your program. Source ↗ | Freight entity: BBB A− / Accredited. Trustpilot 3.5/5 from 1,631 reviews in the October 20 profile. Source ↗ · Trustpilot ↗ | View profile → |
| FundThrough | 1.9%–2.9% per 30 days in the published sub-$1M tier; custom pricing for larger balances. Source ↗ | Invoice face value less fees upfront; selective invoices. Detailed help guidance requires at least $100K for first funding and $100K owed by one customer. No ongoing minimum is advertised after first funding; confirm current eligibility. Source ↗ | BBB A+ / Not accredited; Trustpilot 3.9/5 from 9 reviews in the October 20 profile. Source ↗ · Trustpilot ↗ | View profile → |
| New Century Financial | 0.05% per day advertised; confirm fee base, minimum charge and billing stop date. Source ↗ | FAQ: up to 95% advance; facilities from $25K to above $10M. No minimum volume, long-term contract or termination fee advertised; confirm written terms. Source ↗ | BBB A+ / Accredited; Trustpilot 4.9/5 from 155 reviews in the October 20 profile. Source ↗ · Trustpilot ↗ | View profile → |
| Porter Capital | Factoring from 0.4% advertised; the headline fee period needs confirmation. Source ↗ | Up to 95% advance; up to $25M advertised. Homepage shows both $25K and $50K starting amounts; confirm the applicable facility minimum, not a minimum invoice size. Source ↗ | BBB A+ / Not accredited; primary Trustpilot profile 4.6/5 from 41 reviews. Source ↗ · Trustpilot ↗ | View profile → |
| Riviera Finance | Individual quote; up to 95% advance advertised. Confirm transaction fees. Source ↗ | Non-recourse program; standard six-month term, adjustable. Selective invoices permitted, but first priority over all A/R is required. Confirm coverage and exclusions. Source ↗ | BBB varies by branch: Atlanta A+; reviewed Roseville and Houston records Not Rated. Trustpilot 4.0/5 (3). Source ↗ · Trustpilot ↗ | View profile → |
| RTS Financial | Individual quote; more than 90% freight advance advertised, subject to account terms. Source ↗ | Same-day / 24-hour invoice-funding claims; confirm first setup, recourse and contract term. Source ↗ | BBB A+ / Not accredited; Trustpilot 4.1/5 (1,288). BBB shows 61 complaints over three years. Source ↗ · Trustpilot ↗ | View profile → |
| Universal Funding Corporation | 0.55%–2% for the first 30 days; additional charges apply. Source ↗ | Up to 95% advance; $25K–$20M monthly invoice volume, not individual invoice size. Source ↗ | BBB A+ / Accredited; 0 displayed complaints. Trustpilot 4.5/5 from 77 reviews. Source ↗ · Trustpilot ↗ | View profile → |
On mobile, swipe the table horizontally. All 10 companies have source-linked overviews below. Rates use different fee periods and are not directly interchangeable; confirm current written terms and review dates.
1st Commercial Credit
Austin, Texas · Independent invoice factoring / receivables finance
1st Commercial Credit offers invoice factoring and other receivables-based business financing, with separate programs for trucking, construction, staffing, manufacturing and government receivables. Its published prices and eligibility rules differ by program: businesses should not treat one advertised range as a guaranteed quote for all invoices. Official company overview ↗
BBB lists a business start date of 2001. Initial general factoring setup is advertised at 3–5 working days; speed may differ by program. Company history & context →
Products, pricing & eligibility
- Trucking: 1.5%–3% advertised; non-recourse option ↗. Confirm the credit-risk events actually covered.
- Construction: rates starting at 2.5% ↗; one-year history, $100K monthly sales and multiple customers are published program conditions.
- Standard factoring: universal minimum invoice size, minimum sales volume, reserve/advance schedule and contract charges were not established for every program.
Reviews, BBB record & contract questions
The matched BBB record shows an A+ business grade ↗, with no BBB customer reviews ↗ and no displayed complaints ↗. No matching numerical Trustpilot or Google rating was reliably established, so none is assigned.
Before signing, confirm recourse, personal guarantees, UCC/lien priority, invoice-aging fees and early-exit terms. Review recourse & UCC research →
Dated research snapshot: October 15, 2026. Company percentages are advertised figures, not APRs or guaranteed offers; BBB grade, accreditation, customer reviews and complaints are separate measures.
altLINE
Birmingham, Alabama · Factoring division of The Southern Bank Company
altLINE offers bank-operated invoice factoring, accounts receivable financing, freight factoring and payroll funding. Its published pricing guide ↗ details typical invoice advances and multiple ancillary charges, providing a useful starting point for comparing total factoring cost—not a guaranteed offer.
The parent bank describes a history beginning in 1936; this is not a verified founding date for the altLINE factoring division. Bank relationship & background →
Products, costs & requirements
- Standard factoring: invoice-customer credit and payment timing matter; minimum FICO, monthly revenue, invoice size and factoring volume were not established as universal thresholds.
- Freight and staffing: freight factoring ↗ and payroll funding research → use their own advertised features and terms.
- Additional fees: ACH $0–$3 and wires $15–$30 ↗ are published. Separate minimum-volume or termination charges require contract review.
Customer-review themes & contract questions
The matched primary Trustpilot profile ↗ has a 4.4/5 score from 69 reviews in the research snapshot, with positive comments about communication and support plus some mixed reports about onboarding. BBB lists one complaint with an Answered status ↗, distinct from its A+ business grade.
Oil-and-gas materials describe recourse and UCC security; do not presume identical terms for every product. Confirm personal guarantees, existing liens, monthly minimums, renewal and cancellation. Review contract questions →
Dated research snapshot: October 15, 2026. Trustpilot reviews are not verified funding outcomes; the BBB business grade is not a customer-review average. Published financing terms are conditional.
Worth comparing for smaller or growing B2B businesses seeking a recurring factoring relationship with flexible invoice selection. Its FAQ permits a portion of invoices or a single customer, but says the arrangement should not be a one-time transaction.
Official program and pricing ↗ · Requirements and service details ↗
Products, costs & requirements
- Documents: the FAQ lists an application, A/R and A/P aging, entity records, a customer list and sample invoice.
- Invoice selection: confirm your recurring commitment, approved debtors and concentration limits. No rigid invoice minimum is advertised.
- Pricing: ask when a tier increases and which transfers or special services cost extra. The rate-by-volume chart is general industry guidance, not Charter’s rate card.
Customer reviews & contract questions
Visible feedback emphasizes responsive representatives and long-term relationships. The small independent sample cannot establish typical results. Google-sourced Birdeye reviews should not be counted again as separate Google reviews.
Ask about the actual advance and reserve, any account-specific minimum, covered nonpayment events, cancellation notice and lien release. Different pages advertise different maximum advances; use your written offer.
Research snapshot: October 20, 2026, unless an earlier date is stated in the expanded profile. Published terms are conditional. BBB grades, accreditation, customer stars and complaints are separate measures; customer reports are not verified funding outcomes.
eCapital
Multiple financing divisions · Freight and commercial factoring
Worth comparing when a business needs industry-specific factoring or wants to discuss other receivables-based financing. Freight customers can also evaluate fuel programs, customer-credit tools and mobile invoice management.
Official program and pricing ↗ · Requirements and service details ↗
Products, costs & requirements
- Freight program: offers digital uploads, credit checks and fuel bundles. Request factoring-only and bundled quotes.
- Timing: “as fast as one hour” is an advertised freight-funding claim, not a guaranteed application-to-first-deposit timeline.
- Requirements: the freight FAQ discusses business records, identification, insurance and operating authorities. Ask for your jurisdiction’s checklist.
Customer reviews & contract questions
Positive feedback mentions account managers and funding assistance; negative reports raise timing, fees, cancellation and reserve concerns. Allegations and company responses require context. BBB and Trustpilot evidence here primarily matches freight factoring.
Confirm the exact legal entity, customer credit protection, any personal guarantee, minimum volume, renewal, termination charges and UCC-release process. Ask how fuel balances can affect invoice proceeds.
Research snapshot: October 20, 2026, unless an earlier date is stated in the expanded profile. Published terms are conditional. BBB grades, accreditation, customer stars and complaints are separate measures; customer reports are not verified funding outcomes.
Worth comparing for selective invoice funding and an online workflow. FundThrough advertises invoice face value minus its fee upfront and no ongoing funding minimum after the initial funding. Its detailed help guidance sets a $100,000 first-funding threshold and requires $100,000 owed by one customer; confirm current eligibility.
Official program and pricing ↗ · Requirements and service details ↗
Products, costs & requirements
- Invoices: completed work billed to creditworthy businesses or government; current product pages exclude construction and real estate.
- First funding: the detailed eligibility guide says first submissions below $100,000 or without $100,000 owed by one customer are ineligible. Broader marketing differs; request written confirmation.
- Workflow: manual uploads or optional accounting integrations. Customer verification and payment redirection precede funding.
Customer reviews & contract questions
The small Trustpilot sample includes helpful-support reports and concerns about eligibility, documentation and communication. The homepage’s multi-platform average should not replace the independent Trustpilot score.
Ask how late payments change the quoted fee, what happens to disputed invoices and which liens must be removed. No long-term contract or cancellation fee is advertised, but obligations on funded invoices still need review.
Research snapshot: October 20, 2026, unless an earlier date is stated in the expanded profile. Published terms are conditional. BBB grades, accreditation, customer stars and complaints are separate measures; customer reports are not verified funding outcomes.
Worth comparing for selective invoice funding and advertised contract flexibility. New Century Financial publishes a daily pricing reference and lists multiple excluded fees, making a written total-cost comparison especially useful.
Official program and pricing ↗ · Requirements and service details ↗
Products, costs & requirements
- Eligibility: startups are considered and a low FICO alone need not prevent approval. Customer quality and invoice verification still matter.
- Flexibility: advertises no minimum volume, long-term contract or termination fee. Confirm selection and notice terms in your offer.
- Cost example: 0.05% daily on a hypothetical $100,000 calculation base equals $50 daily or $1,500 over 30 days, before other charges.
Customer reviews & contract questions
Reviews praise communication, service and funding support, but much of the review history is older. A favorable average does not establish current approval odds or guarantee service.
Confirm whether the daily fee uses invoice face value or the advance, what nonpayment liability remains, and the scope of any lien or guarantee. Ask for reserve-release and account-closing instructions.
Research snapshot: October 20, 2026, unless an earlier date is stated in the expanded profile. Published terms are conditional. BBB grades, accreditation, customer stars and complaints are separate measures; customer reports are not verified funding outcomes.
Porter Capital
Birmingham, Alabama · Factoring and asset-based financing
Worth comparing when a business wants to evaluate both recourse and non-recourse factoring, or needs to discuss financing backed by assets beyond invoices. Separate the product being quoted before comparing headline rates.
Official program and pricing ↗ · Requirements and service details ↗
Products, costs & requirements
- Eligibility: B2B invoices for completed goods or services; customer credit, volume and existing debt structure are reviewed.
- Product choice: compare a recourse quote with a non-recourse quote for the same debtors. Asset-based lending has different pricing and collateral.
- Minimum: the homepage contains both $25,000 and $50,000 starting amounts. Neither establishes a minimum invoice size; confirm the applicable facility.
Customer reviews & contract questions
Positive feedback discusses representatives and continuing relationships. Both matched Trustpilot profiles showed no reviews from the previous 12 months at the research check. Freight-subsidiary reviews are separate from general Porter Capital reviews.
Request the fee period, first-funding timeline, covered insolvency events and dispute exclusions. Confirm minimum commitments, guarantees, collateral, renewal and cancellation for the specific product.
Research snapshot: October 20, 2026, unless an earlier date is stated in the expanded profile. Published terms are conditional. BBB grades, accreditation, customer stars and complaints are separate measures; customer reports are not verified funding outcomes.
Worth comparing when customer credit protection and collections support are priorities. Riviera allows invoice selection, but its FAQ requires first priority over all accounts receivable while factoring.
Official program and pricing ↗ · Requirements and service details ↗
Products, costs & requirements
- Eligibility: startups with verifiable receivables can be considered. FAQ covers U.S. and Canadian businesses and eligible debtors.
- Timing: FAQ estimates 4–7 working days for new-client funding; qualifying verified invoices can fund within 24 hours after setup.
- Costs: freight materials advertise no setup or monthly maintenance fee, while acknowledging transaction fees. Confirm transfers and other charges.
Customer reviews & contract questions
The small Trustpilot sample praises helpful service. Local listings and company widgets may aggregate reviews; do not add them together or apply one branch’s BBB grade to the entire company.
Ask exactly which customer-credit events non-recourse covers. Compare insolvency with disputes and ordinary late payment, then confirm renewal, cancellation, reserves and how existing liens will be resolved.
Research snapshot: October 20, 2026, unless an earlier date is stated in the expanded profile. Published terms are conditional. BBB grades, accreditation, customer stars and complaints are separate measures; customer reports are not verified funding outcomes.
RTS Financial
Overland Park, Kansas · Freight and commercial factoring
Worth comparing for trucking businesses evaluating factoring alongside fuel cards, broker-credit information and mobile tools. Compare the factoring agreement and fuel arrangement separately before judging the value of a bundle.
Official program and pricing ↗ · Requirements and service details ↗
Products, costs & requirements
- Eligibility: customer credit and qualifying invoices matter. No universal FICO, revenue, operating-history or fleet-size minimum was verified.
- Funding: same-day advertising is not a guaranteed first deposit within one day of applying. Ask about document verification and cutoffs.
- Account control: the app advertises invoice status, aging and broker-credit information. Ask how formal credit approval differs from a displayed rating.
Customer reviews & contract questions
Feedback ranges from praise for account representatives to concerns about deductions, communication and leaving a factoring relationship. Complaint allegations are not findings of misconduct; read RTS responses and transaction context.
Request written recourse, escrow, offset, cancellation and UCC-release terms. Ask whether fuel balances affect invoice proceeds, and obtain an itemized payoff and reserve-release process before switching factors.
Research snapshot: October 20, 2026, unless an earlier date is stated in the expanded profile. Published terms are conditional. BBB grades, accreditation, customer stars and complaints are separate measures; customer reports are not verified funding outcomes.
Universal Funding Corporation
Spokane Valley, Washington · Commercial invoice factoring
Worth comparing for recurring B2B receivables and a managed collections relationship. Universal Funding publishes a first-period fee range and specific transaction charges that can be used to compare total dollar costs.
Official program and pricing ↗ · Requirements and service details ↗
Products, costs & requirements
- Additional costs: published credit approval $35, lockbox $50 and outgoing wire $30. Confirm frequency and any other charges.
- Eligibility: customer credit and commercial invoices matter; no universal FICO or minimum operating history verified.
- Timing: homepage says within 24 hours after approval; FAQ discusses 24–48 hours after invoice submission and faster ongoing funding.
Customer reviews & contract questions
Customer feedback emphasizes responsiveness, representatives and steady funding. A minimum-volume issue in a company response makes contractual commitments worth checking. BBB lists a 1998 business start but a different incorporation date; do not conflate them.
Clarify the monthly commitment, selective-invoice rules, recourse deadline, guarantees and UCC terms. Ask for 30-, 60- and 90-day cost examples plus cancellation and reserve-release instructions.
Research snapshot: October 20, 2026, unless an earlier date is stated in the expanded profile. Published terms are conditional. BBB grades, accreditation, customer stars and complaints are separate measures; customer reports are not verified funding outcomes.
How to Compare Invoice Factoring Companies
The best invoice factoring company for one business may be a poor fit for another. Start with the quality and type of receivables you want to factor, then compare the complete economics and contract—not only the advertised speed or headline rate.
Compare the economics
- Advance rate: the percentage of an eligible invoice advanced up front.
- Factoring or discount fee: how the fee is calculated and how time affects it.
- Additional fees: diligence, setup, wire, ACH, lockbox, minimum-volume or termination charges.
- Reserve release: when the remaining invoice balance is released after payment.
- Minimums: required monthly volume, invoice size or customer concentration limits.
Compare the contract and relationship
- Is the agreement recourse or non-recourse, and what events are actually covered?
- Must you factor every invoice or can you choose invoices selectively?
- How long is the contract, and does it automatically renew?
- Who communicates with your customers and how are collections handled?
- Are there UCC filings, personal guarantees or other security requirements?
Invoice Factoring Companies With Low Rates: What “Low” Should Mean
Businesses searching for invoice factoring companies with low rates should compare the entire pricing formula. A quoted percentage may apply once, accrue over time, reset at intervals or exclude other charges. The meaningful comparison is the total expected dollar cost under the payment timing you realistically expect from customers.
Ask each company for a written example showing the invoice face amount, advance, reserve, factoring fee, any recurring or transaction fees, the assumed customer-payment date and the amount ultimately remitted back to your business.
Factoring Companies for Small Businesses
Factoring companies for small businesses often evaluate the invoices and the credit quality of the business customers responsible for paying them. That does not mean every small business or every invoice qualifies. Minimum monthly volume, customer concentration, industry, invoice age, payment terms, liens and documentation can all matter.
When comparing accounts receivable factoring companies, ask whether the provider works with your industry, customer type and typical invoice size, and whether you can factor only selected invoices or must commit a broader portion of your receivables.
How to Compare Non-Recourse Factoring Companies
“Non-recourse” does not always mean the factoring company absorbs every reason an invoice might go unpaid. Coverage may be limited to defined customer-credit events and may exclude disputes, returns, offsets, fraud, documentation problems, breached warranties or invoices outside an approved credit limit.
If non-recourse protection is important, compare the written definition of recourse, the covered credit events, customer approval limits, dispute provisions and any circumstances that allow the factor to charge an invoice back to your business.
How to Use Invoice Factoring Company Reviews
Invoice factoring company reviews can help identify recurring themes around onboarding, funding speed, communication, collections, fee clarity and account management. They should not replace the written factoring agreement or a current quote.
Keep different reputation signals separate. A BBB business grade, BBB accreditation, complaint history, customer-review average and third-party review-platform score measure different things. The expanded company profiles are the appropriate place to show dated, sourced snapshots as they are researched.
Invoice Factoring Company FAQs
What is an invoice factoring company?
An invoice factoring company purchases or advances against eligible accounts receivable and is repaid when the approved customer pays according to the factoring arrangement.
How do I find the best invoice factoring company for my business?
Compare eligibility, advance structure, total fees, contract length, recourse terms, customer communication, minimum volume, speed, reputation and the exact responsibilities your business retains.
Are factoring companies the same as business lenders?
Not necessarily. Factoring is generally structured around the purchase or financing of receivables rather than a conventional term loan. The legal and economic structure should be confirmed in the agreement you receive.
What is the difference between recourse and non-recourse factoring?
Recourse determines circumstances in which the business may remain responsible for an unpaid invoice. Non-recourse arrangements can shift certain defined customer-credit risks, but the scope varies by contract and often contains exclusions.
Does invoice factoring work for small businesses?
It can, particularly for businesses that invoice creditworthy commercial or government customers and wait for those invoices to be paid. Qualification still depends on the provider's requirements and the receivables being submitted.
How should I compare factoring rates?
Compare the same invoice amount and customer-payment timing across companies, then include the factoring fee, any time-based increases, transaction charges, minimums and other contract fees to estimate total cost.
Does MCA Shield rank these 10 companies from best to worst?
No. Use the expanded profiles and written company offers to decide which provider fits your receivables and business needs. See how this directory works for display and sponsorship details.
Author & Research Method
About Shane Fitzgibbon
Shane Fitzgibbon is an MCA Shield co-owner, author and marketing professional. His background includes debt-relief work since 2012 and MCA debt relief and restructuring work since 2018, with experience in client intake, merchant applications and referral-partner onboarding. That practical background informs his focus on clear provider comparisons, application questions and useful research sources.
Read Shane’s full biography, experience and ownership disclosures →
How the factoring profiles are researched
This directory draws on public-source research, not firsthand testing of each factoring service. Company statements, third-party records and editorial comparison notes are identified separately.
Each expanded company profile is designed to separate company-published information, contract and pricing disclosures, BBB records, third-party review sources and MCA Shield comparison notes. Company-specific rates, review counts, ratings and eligibility figures should be dated and sourced rather than treated as permanent facts.
Missing information should not be interpreted as zero fees, non-recourse protection, universal eligibility or unrestricted invoice approval. Open the individual profile for the company-specific research.
Compare Your Invoice Factoring Options
Tell MCA Shield about your business, customers, invoice volume and cash-flow needs. We can use that information to evaluate potential factoring options based on fit.
Your inquiry goes to MCA Shield, not directly to a company in this directory. MCA Shield may receive compensation for referrals. Submitting an inquiry does not guarantee approval, a particular advance amount, rate, timing or provider.
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