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factoring buyer guide

Factoring for New Trucking Authorities

A new authority should compare recourse, reserve structure, notice and termination terms, fuel advances, broker credit tools, and how quickly the factor releases UCC interests—not just the headline rate.

Reviewed August 4, 2026First-party sources

What to compare

  • New-authority eligibility
  • Recourse and non-recourse definitions
  • Contract length and termination
  • Reserve and chargeback rules
  • Broker credit workflow
  • Funding timing after verification

Best fit by situation

Still choosing loads

Prioritize broker-credit visibility

A cheap rate does not help if you accept a broker the factor will not fund.

Cash reserve is thin

Compare true net advance and chargebacks

Model reserve holds, fees, and recourse—not only the advertised percentage.

May switch providers

Inspect termination and UCC release terms

Long notice periods can make an inexpensive contract costly to leave.

Questions to ask before signing

  1. 01What is the total cost at my truck, driver, user, and transaction count?
  2. 02Is there a minimum, contract term, automatic renewal, or termination fee?
  3. 03Which advertised features cost extra?
  4. 04How do I export my data and unwind integrations if I leave?
  5. 05What support is available when a truck, invoice, or settlement is blocked?

Editorial disclosure

This guide does not guarantee pricing, eligibility, availability, or regulatory acceptance. Confirm current terms with each vendor. Any future referral compensation must be disclosed; no private vendor is endorsed by FMCSA.

Direct comparisons

OTR Solutions vs RTS FinancialCompare the written offer: recourse definition, rate, reserve, minimums, termination, UCC handling, broker approvals, and fuel program. Public marketing cannot replace contract review.OTR Solutions vs Apex CapitalThe decision belongs in the contracts. Model net proceeds on sample invoices and compare recourse, reserves, extra fees, notice periods, UCC release, and debtor approvals.