Factoring for Trucking Companies
Capital Depot encourages you to contact other factoring companies to compare their factoring for trucking companies services to ours. In fact, please use the chart below as a typical questionnaire when contacting them and see for yourself why so many trucking companies are becoming our clients.
Once again, thank you for taking the time to visit our website.
| Factoring Services | Capital Depot | Our Competitors |
| Sign Up Cost | $0.00 | $250-500 |
| Sign Up Time | Two Minutes | Several Days |
| Advance Rate | 100% | 80% - 91% |
| Reserve Rate | 0% | 20% - 9% |
| Funding Time | Same Day | Same Day - Few Days |
| Type of Factoring | Non Recourse | Recourse |
| Processing Fees | $0.00 | $1.00 per freight bill |
| Monthly Minimum | $0.00 | $7,000 - $15,000 |
| Fuel Cards Accepted | 10,000 Truck Stops | 5,000 Truck Stops |
| Online Broker Approvals | Over 100,000 loads approved daily | Less than 100,000 loads approved daily |
| Processing Invoices | Bookkeeping Services are Provided | No Bookkeeping Services are Provided |
| Long Term Contracts | No Long Term Contracts | Minimum 1 Year Factoring Contracts |
| Penalty to Stop Factoring | $0.00 | $1,000 - $30,000 |
| Forced Contract Renewal | Absolutely not | Yes & Penalty to Stop Factoring |
| Penalties to Stop Renewal | No forced renewal in our contracts | $1000 - $30,000 |
| Must factor all freight bills | Absolutely not | Yes |
It’s Easy to Get Cash for Your Invoices!
- 100% Advance, No Reserves
- Same Day Funding
- Flat Fees
- No Monthly Minimums
- No Long Term Contract
 |
Factoring FAQ: How & when do I pay for the UCC state filing fee? |
 |