Apex Capital Corp vs. Bobtail
Both serve freight & trucking. Here's how their published terms compare. "Not published" means we couldn't find the figure on the company's own site.
Terms side by side
| Apex Capital Corp | Bobtail | |
|---|---|---|
| Advance rate | Not published | No reserve requirements [source] |
| Factoring fee | Not published; flat, tiered or custom pricing set per client [source] | Usually 1.5%–3.5% per invoice [source] |
| Recourse | Recourse and non-recourse plans [source] | Not published |
| Contract length | No long-term contract; no cancellation fee [source] | 90-day trial, then a long-term contract [source] |
| Termination fee | Not published | None if cancelled within the first 90 days [source] |
| Minimum volume | No monthly minimum volume fees [source] | Not published |
| Funding speed | Same-day or next-day; 24/7/365 via blynk for qualifying clients [source] | Same day by 6pm ET if submitted before 11am ET, Mon–Fri [source] |
| Fuel program | Apex TCS Fuel Card; fuel credit line from $2,500 for qualifying clients [source] | Bobtail Mastercard fleet card; fuel discounts up to $3.00/gal, avg 59¢/gal [source] |
| Credit checks | Free unlimited broker credit checks [source] | Credit check on every broker and shipper [source] |
| Founded | 1995 [source] | 2015 [source] |
| Headquarters | Fort Worth, Texas [source] | Silver Spring, Maryland [source] |
| Advertised features | No long-term contract, Same-day funding, Non-recourse, No minimum volume, Spot factoring, Free credit checks | Same-day funding, Free credit checks |
Terms are negotiated. The only way to know what you'd pay is to get quotes for your volume and customers.
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