Bobtail vs. Porter Freight 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.

Bobtail

Silver Spring, Maryland

Birmingham, Alabama

Editor score 87.1/100 · How we score

	Bobtail	Porter Freight Funding
Advance rate	No reserve requirements [source]	Up to 95% [source]
Factoring fee	Usually 1.5%–3.5% per invoice [source]	1.5% introductory rate for first 60 days (qualifying carriers); flat pricing [source]
Recourse	Not published	Recourse and non-recourse [source]
Contract length	90-day trial, then a long-term contract [source]	One-year agreement [source]
Termination fee	None if cancelled within the first 90 days [source]	None with 60 days' notice [source]
Funding speed	Same day by 6pm ET if submitted before 11am ET, Mon–Fri [source]	Same-day wire, next-day ACH, 24/7 PorterWallet advances [source]
Fuel program	Bobtail Mastercard fleet card; fuel discounts up to $3.00/gal, avg 59¢/gal [source]	Fuel card at 2,500+ truck stops; fuel advances up to 50% of load [source]
Credit checks	Credit check on every broker and shipper [source]	Free, unlimited broker credit checks [source]
Founded	2015 [source]	2011 [source]
Headquarters	Silver Spring, Maryland [source]	Birmingham, Alabama [source]
Parent company	Not published	Porter Capital [source]
Advertised features	Same-day funding, Free credit checks	Same-day funding, Fuel advances, Free credit checks

Terms are negotiated. The only way to know what you'd pay is to get quotes for your volume and customers.