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Porter Freight Funding factoring: rates, fees and terms

Rate published Rate published Read 2026-11-09

Factoring and fuel cards for owner-operators and small fleets, with a published introductory rate.

What sets it apart

The 1.5% is an introductory rate for 60 days, not Porter's standing rate, which is not published. Porter's own pages also disagree on fees: the rates page lists per-transaction fees as an industry pitfall and marks Porter "no hidden fees", while its intro-rate post adds "a $2 transaction fee" and states a 1-year recourse contract.

Read twice: its own pages disagree

Fees: the rates page marks Porter "no hidden fees" against per-transaction fees; the intro-rate post adds a $2 transaction fee.
Advance: the rates page says up to 100%; the intro-rate post says 95%.

Ask which version applies to you, and get it in the contract.

Published terms

Porter Freight Funding terms, copied from its own pages on 2026-11-09
Rate	1.5% for the first 60 days for eligible carriers; afterward adjusts based on volume and account history. Does not apply to Sprinter Vans or Box Trucks.
Advance	Rates page: up to 100% of invoice value. Intro post: 95% same-day advance.
Recourse	1-year recourse contract (intro post)
Contract	Standard term with written notice required at least 60 days before renewal; no termination fees with proper written notice
Monthly minimum	Not stated on the pages we read
Transfer fees	Intro post: "plus a $2 transaction fee"
Other fees	90-day chargeback policy
Funding speed	Same-day funding
Fuel	Porter Fuel Card

Fits

New carriers who want a cheap first two months and can live with a 1-year term.

Look elsewhere if

You run a sprinter van or box truck; the intro rate excludes them.

Ask before you sign

Give written notice at least 60 days before renewal or the term rolls over.
The post-intro rate is not published.

Go to Porter Freight Funding

Pages we read

Factors change rates and terms. If this is out of date, tell us.