Freight factoring companies, compared on what they publish.
Rates, fees, contracts and recourse for 29 freight factoring companies, each copied from the factor's own pages with the date we read them.
A complete factoring fee schedule
Every line a carrier should get in writing, as MJN Services publishes it.
- Variable rate
- 1.5%, moves with shipper pay time
- Flat rate
- 3%, fixed for 60 days
- Advance rate
- Up to 95%
- Application fee
- None
- ACH transfer fee
- None
- Credit check fee
- None
- Invoice processing fee
- None
- Minimum monthly fee
- $200 after 90 days
MJN Services rate schedule, read November 9, 2026.
What a month of factoring costs, where the rate is published
| Factor | Which number | $10K a month | $25K a month | $50K a month | What it includes |
|---|---|---|---|---|---|
| BasicBlock | Published maximum | $250 2.5% | $625 2.5% | $1,250 2.5% | The flat 2.5% "or less" ceiling; no transaction fees stated. Source. |
| Bobtail | Published maximum | $324 3.24% | $810 3.24% | $1,620 3.24% | The 3.24% maximum on the home page. The FAQ says rates can run to 3.5%. Source. |
| DAT Outgo | Published tier | $300 3% | $625 2.5% | $1,250 2.5% | ACH transfers, which are free. Wires add $20 each. Above $80K a month the rate is custom. Source. |
| HaulPay | Published maximum | $300 3% | $750 3% | $1,500 3% | The published 3% maximum for a single truck, free ACH. Fleets get lower rates that are not published. Source. |
| MJN Services | Published flat rate | $300 3% | $750 3% | $1,500 3% | The 3% flat rate, with the $200 monthly minimum that applies after 90 days. The 1.5% variable rate depends on how fast each shipper pays. Source. |
| Summar Financial | Published starting rate (best case) | $200 2% | $500 2% | $1,000 2% | The "as low as 2%" floor, the best case. Source. |
| Transport Clearings East (TCE) | Published starting rate (best case) | $220 2.2% | $550 2.2% | $1,100 2.2% | The "under 2.20%" starting rate, the best case. Rates for small carriers are not published. Source. |
Fixed example volumes; we never ask for your numbers. Per-invoice fees counted at an average invoice of $2,500. A starting rate is the best case, not what a small carrier should expect. Rows are alphabetical, not ranked.
Where to start
-
Publishes a rate
12 factors. These factors print a rate on their own pages: a tier table, a flat rate, a maximum or a starting rate. Only a tier table or a flat rate tells you what you will pay; a starting rate is the best case.
-
Quote only
17 factors. These factors publish terms such as advance rate, contract length or recourse, but quote the rate after you apply. Get the rate, the term and the termination clause in writing before you compare them.
Who owns whom
Who stands behind each brand, where its own site says so. TAFS is now eCapital, and TruckSmarter sends carriers to OTR Solutions, so compare those as one.
- altLINE: Runs on The Southern Bank Company domain (sobanco.com).
- DAT Outgo: DAT (outgo.com redirects to outgo.dat.com).
- eCapital (includes TAFS): eCapital; tafs.com now redirects to ecapital.com.
- Orange Commercial Credit (OCC): Privately held, per OCC.
- OTR Solutions: Also the factoring partner behind TruckSmarter (trucksmarter.com sends carriers to OTR).
- Transport Clearings East (TCE): Member-owned cooperative, governed by elected member-carriers (since 1958, per TCE).
- Triumph: Triumph Financial.
What this site is not
It does not rank factors, and nobody pays to be listed or placed higher. It never asks for your income, invoices or bank details, and it does not pass your information to any factor. Every figure is read from the factor's own pages on November 9, 2026. Read how we compare and who runs this site.