Porter Freight Funding 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.

Porter Freight Funding

Birmingham, Alabama

Editor score 87.1/100 · How we score

El Paso, Texas

4.9(152 reviews)Read the review

	Porter Freight Funding	Viva Capital Funding
Advance rate	Up to 95% [source]	Up to 100% (minus fee) for freight; up to 98% general [source]
Factoring fee	1.5% introductory rate for first 60 days (qualifying carriers); flat pricing [source]	From 0.25% [source]
Recourse	Recourse and non-recourse [source]	Recourse and non-recourse freight programs [source]
Contract length	One-year agreement [source]	No long-term contracts (per company) [source]
Termination fee	None with 60 days' notice [source]	Not published
Minimum volume	Not published	No minimum volume [source]
Funding speed	Same-day wire, next-day ACH, 24/7 PorterWallet advances [source]	Same day available; approvals in as little as 8 hours [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 value; fuel card [source]
Credit checks	Free, unlimited broker credit checks [source]	Debtor credit checks included [source]
Founded	2011 [source]	1999 [source]
Headquarters	Birmingham, Alabama [source]	El Paso, Texas [source]
Parent company	Porter Capital [source]	Not published
Advertised features	Same-day funding, Fuel advances, 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.