Bobtail 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.

Bobtail

Silver Spring, Maryland

El Paso, Texas

4.9(152 reviews)Read the review

	Bobtail	Viva Capital Funding
Advance rate	No reserve requirements [source]	Up to 100% (minus fee) for freight; up to 98% general [source]
Factoring fee	Usually 1.5%–3.5% per invoice [source]	From 0.25% [source]
Recourse	Not published	Recourse and non-recourse freight programs [source]
Contract length	90-day trial, then a long-term contract [source]	No long-term contracts (per company) [source]
Termination fee	None if cancelled within the first 90 days [source]	Not published
Minimum volume	Not published	No minimum volume [source]
Funding speed	Same day by 6pm ET if submitted before 11am ET, Mon–Fri [source]	Same day available; approvals in as little as 8 hours [source]
Fuel program	Bobtail Mastercard fleet card; fuel discounts up to $3.00/gal, avg 59¢/gal [source]	Fuel advances up to 50% of load value; fuel card [source]
Credit checks	Credit check on every broker and shipper [source]	Debtor credit checks included [source]
Founded	2015 [source]	1999 [source]
Headquarters	Silver Spring, Maryland [source]	El Paso, Texas [source]
Advertised features	Same-day funding, Free credit checks	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.