Riviera Finance vs. Viva Capital Funding
Both serve freight & trucking and staffing agencies and manufacturing and oil & gas. Here's how their published terms compare. "Not published" means we couldn't find the figure on the company's own site.
Terms side by side
| Riviera Finance | Viva Capital Funding | |
|---|---|---|
| Advance rate | Up to 95% [source] | Up to 100% (minus fee) for freight; up to 98% general [source] |
| Factoring fee | Percent of invoice at a pre-determined rate; not published [source] | From 0.25% [source] |
| Recourse | Non-recourse [source] | Recourse and non-recourse freight programs [source] |
| Contract length | Six-month standard term, adjustable [source] | No long-term contracts (per company) [source] |
| Minimum volume | No monthly minimums [source] | No minimum volume [source] |
| Funding speed | Within 24 hours of receipt for verified invoices on pre-approved customers [source] | Same day available; approvals in as little as 8 hours [source] |
| Fuel program | Fuel card at about 1,800 locations; no set-up or monthly fees [source] | Fuel advances up to 50% of load value; fuel card [source] |
| Credit checks | FastCredit automated approvals 24/7/365 at no extra cost [source] | Debtor credit checks included [source] |
| Founded | 1969 [source] | 1999 [source] |
| Headquarters | Not published | El Paso, Texas [source] |
| Advertised features | Non-recourse, No minimum volume, Free credit checks, No long-term contract | 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.
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