FundT🔯hrough was an easy pick for best overall, scoring high in nearly every criteria we investigated. Only one other company matched its 100% invoice advance rate (most companies quote a range between 80%–90%) and its factor fee of 2.75% per month is competitive.

FundThrough touts itself as a fintech, so it’s no surprise it offers a mobile app, online account management, and integration with your company’s accounting system for easy invoicꦺe transfer and management. Funding arrives as soon as the next day. One downside is that you’ll need to have significant outstanding invoices of at least $100,000 to qualify as a customer.

FundThrough works with businesses in 25 industries, all 澳洲幸运5开奖号码历史查询:business-to-business,꧑ includᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚing apparel, manufacturing, IT, and automotive.

FundThrough has been in business since 2014, processing billions of dollars of invoices for thousands of co🔯mpanies. It is headquartered in🤪 Toronto, Ontario.

Triumph is one of just two factoring companies that advan♏ce up to 100% of invoice amounts. The company also offers a robust online portal and mobile app that makes transferring and monitoring invoices easier. Our researchers were impressed with the educational resources offered on the w𝓡ebsite.

Unfortunately, Triump is not transparent about its fees, which makes shopping for factor financing more difficult than it should be. It says its fee structure varies according to each borrower’s siꦡtuation. 

Triumph specializes in factoring for trucking companies and offers other types of financing for the 🅷transportation, co꧒nstruction, and environmental equipment industries. With invoice factoring, funding can be available on the same day.

In terms of customer experience🍬, Triumph offers borrowers a dedicated account representative, lots of ways to get in touch, and thꦛe most customer service hours of any of the companies Investopedia evaluated.

Triumph was founded in 2004 and is heꦦadquartered in Dalla🎐s, Texas.

Riviera Finance’s max advance rate of 95% is high relative to many of the companies Investopedia researched, although Triumph and FundThrough both top it. Riviera’s factor fee is competitive. Additional fees are not disclosed. The company offers an online portal🔜 and a mobile app 🔜to transfer and manage invoices. Its systems can also integrate with your accounting system for even greater efficiency. Funding can be as soon as the next day.

Rivi♈era Finance serves businesses in the transportation, energy, telecom, and other industries. Borrowers work with dedicated representatives, an🧸d the company offers several ways to get in touch. 

R꧃iviera Finance was founded in 1969 and is headquartered in Redondo Beach, California.

altLINE’s potentially low factoring fee (0.5%–3%) makes it a good choice for large invoices. Funding can be made the same day,🦩 and businesses can fund up to $5 million in invoices. altLINE is a diꦐvision of The Southern Bank, which means borrowers can expect bank-style customer experience and stability.

Investopedia’s researchers appreciated the wealth of educational material on altLINE’s website. Unfortunately, the site does not include detailed information about additional fees or contract terms altLINE offers. You’ll have to fill out a custome🥂r inquiry form for more details, which makes the🌼 shopping experience more cumbersome.

altLINE is part of the business financing arm of The Southern Bank, which has bee🌳n﷽ in business since 1936 and has factored over $1 billion in invoices in that time. It is headquartered in Birmingham, Alabama.

R🃏TS Financial specializes in factoring for the trucking industry. In addition to accounts receivables financing, it offers a discount fuel card, i💫nsurance, and fleet management software. Factoring is available for truckers in the U.S. and for those working in Mexico, too. RTS also offers factoring for the oil field, staffing, textile, and other industries.

Borrowers can manage and track invoices and payments via an online portal or the company's mobile app. Funds are available as soon as the same day. Customer support is available via several channels (phone, local office, email form, etc). Clients work with dedicated account managers.

The application process involves both an online appl🅘ication form and a telephone. You’ll need to complete both to learn what yo♌ur rates may be.

RTS Finan🐭cial was founded in 1995 (its parent company was founded in 1986). It is headquartered in Kansas City, Kansas.