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Apex Capital factoring: rates, fees and terms
Long-running trucking factor with recourse and non-recourse options, 24/7 funding and a free fuel card.
What sets it apart
Says no long-term contract, no monthly minimum and no application, setup or UCC filing fees, but lists a "funding fee" for sending money to your bank that "varies with each funding method" without stating amounts. Ask for the funding fee by method; it is the line that changes the real cost.
Published terms
| Rate | Not stated on the pages we read |
|---|---|
| Advance | Typically 80-95% (Apex blog) |
| Recourse | Non-recourse and recourse options |
| Contract | No long-term contracts required |
| Monthly minimum | No monthly minimum volume fees |
| Transfer fees | Funding fees: a fee for sending funds to your bank, varies with each funding method |
| Other fees | No application, setup or UCC filing fees |
| Funding speed | 24/7 instant funding, including nights, weekends and bank holidays |
| Fuel | Free fuel card; fuel credit lines from $2,500 for qualifying clients |
Ask before you sign
- Funding fee amounts are not stated.
Pages we read
- https://www.apexcapitalcorp.com/factoring/freight-and-trucking/
- https://www.apexcapitalcorp.com/blog/factoring-rates/
Factors change rates and terms. If this is out of date, tell us.