Apex Capital Corp vs. Charter Capital
Both serve freight & trucking and oil & gas and manufacturing and staffing agencies. 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 | Charter Capital | |
|---|---|---|
| Advance rate | Not published | Typically 90%, up to 98% [source] |
| Factoring fee | Not published; flat, tiered or custom pricing set per client [source] | From 1%; most clients 1%–3% [source] |
| Recourse | Recourse and non-recourse plans [source] | Not published |
| Contract length | No long-term contract; no cancellation fee [source] | No long-term contracts [source] |
| Termination fee | Not published | Termination on notice (no lock-in penalty advertised) [source] |
| Minimum volume | No monthly minimum volume fees [source] | No minimum invoice volume [source] |
| Funding speed | Same-day or next-day; 24/7/365 via blynk for qualifying clients [source] | Same day once set up; pricing within 24 hours [source] |
| Fuel program | Apex TCS Fuel Card; fuel credit line from $2,500 for qualifying clients [source] | Fuel card for carriers (not offered in California) [source] |
| Credit checks | Free unlimited broker credit checks [source] | Free credit reports on customers [source] |
| Founded | 1995 [source] | 2001 [source] |
| Headquarters | Fort Worth, Texas [source] | Bellaire (Greater Houston), Texas [source] |
| Advertised features | No long-term contract, Same-day funding, Non-recourse, No minimum volume, Spot factoring, Free credit checks | No long-term contract, Same-day funding, No minimum volume, 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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