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invoice factoring company reviews

Transportation Funding Group Invoice Factoring Review

Transportation Funding Group Invoice Factoring Review


Transportation Funding Group is an invoice factoring company that focuses exclusively on the trucking industry. They openned their doors in 1995, and are based in Minneapolis, MN. In addition to invoice factoring they offer their clients collections, credit reporting, digital invoice processing, fuel card programs, and online reporting services.


One of Transportation Funding Group’s strongest advantages is they offer 24 hour funding, which ensures that your business will have the resources on hand to grow your business, complete projects, and meet your payroll obligations, which can be a burden for some businesses.

Transportation Funding Group also shines in that their fee structure is very reasonable when compared to other invoice fatoring companies we looked at. This means more predictable pricing and generally goes along with a better customer experience.

Finally, they provide fast cash for companies that are facing cash issues. This can help a business grow by providing it the capital needed to complete more advanced and lucrative projects.


However, there are some issues with Transportation Funding Group. The first is they don’t have much or any information on their site regarding pricing on contract information. As a result you’ll have to get in touch with them if you’re considering their factoring services. much or any information on their site regarding pricing on s that lack transparency are moer likely to have customer service satisfaction issues.

Transportation Funding Group also loses points because they don’t provide non-recourse factoring options. As a result you can be liable for a chargeback if your client doesn’t pay the invoice. This introduces more unpredictability for your revenue than non-recourse funding, and isn’t as desirable.

Finally, their website isn’t very easy to use and lacks much of the information that a potential customer might want, including explanations of factoring and other elements of their service.


Transportation Funding Group is a solid invoice factoring option for trucking companies. They offer one flat rate with no hidden fees, and have fast setup and funding timeframes. However, the lack of information on the range their rate can fall in, as well as other missing elements keeps them from our list of top invoice factoring companies.