Porter Freight Funding vs. Triumph
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. 69.9 out of 100). Scores weigh reviews, BBB record, contract flexibility and support — not price.
Terms side by side
| Porter Freight Funding | Triumph | |
|---|---|---|
| Advance rate | Up to 95% [source] | Invoice value less fee (no reserves) [source] |
| Factoring fee | 1.5% introductory rate for first 60 days (qualifying carriers); flat pricing [source] | Not published |
| Recourse | Recourse and non-recourse [source] | Non-recourse on approved brokers [source] |
| Contract length | One-year agreement [source] | Not published |
| Termination fee | None with 60 days' notice [source] | Not published |
| Minimum volume | Not published | No minimums [source] |
| Funding speed | Same-day wire, next-day ACH, 24/7 PorterWallet advances [source] | Within minutes, 24/7, into LoadPay; median decision 23 seconds [source] |
| Fuel program | Fuel card at 2,500+ truck stops; fuel advances up to 50% of load [source] | Fuel card offered by TransConnect Services [source] |
| Credit checks | Free, unlimited broker credit checks [source] | Not published |
| Founded | 2011 [source] | 2010 (factoring since 2012) [source] |
| Headquarters | Birmingham, Alabama [source] | Dallas, Texas [source] |
| Parent company | Porter Capital [source] | TBK Bank, SSB (Triumph Financial, Nasdaq: TFIN) [source] |
| Advertised features | Same-day funding, Fuel advances, Free credit checks | Same-day funding, Non-recourse, No minimum volume |
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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