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Riviera Finance factoring: rates, fees and terms
Long-standing factor for owner-operators and fleets with a 95% advance and no monthly minimums.
What sets it apart
Says term agreements "normally vary from three months to two years", the widest contract range any factor stated. Ask for the shortest term on offer and its rate.
Published terms
| Rate | Not stated on the pages we read |
|---|---|
| Advance | 95% advance rate |
| Recourse | Recourse is lower cost; non-recourse costs slightly more and includes credit protection |
| Contract | Term agreements normally vary from three months to two years |
| Monthly minimum | No monthly minimums |
| Transfer fees | Not stated on the pages we read |
| Other fees | No hidden fees |
| Funding speed | Funding within 24 hours of verification |
| Fuel | Fuel discounts at TA, Petro, Speedway, Roady's and others |
Pages we read
- https://www.rivierafinance.com/freight-factoring/
- https://www.rivierafinance.com/finance-blog/how-much-does-factoring-cost/
Factors change rates and terms. If this is out of date, tell us.