Porter Freight Funding vs. Thunder 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.
In our freight ratings, Porter Freight Funding scores higher (87.1 vs. 85.1 out of 100). Scores weigh reviews, BBB record, contract flexibility and support — not price.
Terms side by side
| Porter Freight Funding | Thunder Funding | |
|---|---|---|
| Advance rate | Up to 95% [source] | Not published |
| Factoring fee | 1.5% introductory rate for first 60 days (qualifying carriers); flat pricing [source] | Not published; based on volume, broker credit, payment terms and recourse [source] |
| Recourse | Recourse and non-recourse [source] | Non-recourse by default (bankruptcy or insolvency) [source] |
| Contract length | One-year agreement [source] | 90-day agreement [source] |
| Termination fee | None with 60 days' notice [source] | Not published |
| Minimum volume | Not published | No minimum number of invoices [source] |
| Funding speed | Same-day wire, next-day ACH, 24/7 PorterWallet advances [source] | Same day if sent by 12pm PT; next day if sent by 9pm PT [source] |
| Fuel program | Fuel card at 2,500+ truck stops; fuel advances up to 50% of load [source] | Fuel advances up to 50% of load, 7 days a week; fuel card at 8,000+ locations [source] |
| Credit checks | Free, unlimited broker credit checks [source] | Free 24/7 broker credit checking tool [source] |
| Founded | 2011 [source] | Not published |
| Headquarters | Birmingham, Alabama [source] | Carlsbad, California [source] |
| Parent company | Porter Capital [source] | Not published |
| Advertised features | Same-day funding, Fuel advances, Free credit checks | No long-term contract, Same-day funding, Non-recourse, Fuel advances, 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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