BasicBlock vs. Viva Capital Funding
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
| BasicBlock | Viva Capital Funding | |
|---|---|---|
| Advance rate | Not published | Up to 100% (minus fee) for freight; up to 98% general [source] |
| Factoring fee | Flat 2.5% or less [source] | From 0.25% [source] |
| Recourse | Non-recourse advertised; recourse also described in FAQ [source] | Recourse and non-recourse freight programs [source] |
| Contract length | No contracts; close account any time [source] | No long-term contracts (per company) [source] |
| Minimum volume | No monthly minimums [source] | No minimum volume [source] |
| Funding speed | Same day by about 4pm CT if submitted before 2pm CT; Instant Pay within 1 hour [source] | Same day available; approvals in as little as 8 hours [source] |
| Fuel program | Fuel advances up to 50% of the load [source] | Fuel advances up to 50% of load value; fuel card [source] |
| Credit checks | Unlimited free broker checks [source] | Debtor credit checks included [source] |
| Founded | 2018 [source] | 1999 [source] |
| Headquarters | Lincoln, Nebraska [source] | El Paso, Texas [source] |
| Advertised features | No long-term contract, No minimum volume, Same-day funding, Fuel advances, Non-recourse | Same-day funding, Fuel advances, No long-term contract, No minimum volume, Non-recourse |
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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