Thunder 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, Thunder Funding scores higher (85.1 vs. 69.9 out of 100). Scores weigh reviews, BBB record, contract flexibility and support — not price.
Terms side by side
| Thunder Funding | Triumph | |
|---|---|---|
| Advance rate | Not published | Invoice value less fee (no reserves) [source] |
| Factoring fee | Not published; based on volume, broker credit, payment terms and recourse [source] | Not published |
| Recourse | Non-recourse by default (bankruptcy or insolvency) [source] | Non-recourse on approved brokers [source] |
| Contract length | 90-day agreement [source] | Not published |
| Minimum volume | No minimum number of invoices [source] | No minimums [source] |
| Funding speed | Same day if sent by 12pm PT; next day if sent by 9pm PT [source] | Within minutes, 24/7, into LoadPay; median decision 23 seconds [source] |
| Fuel program | Fuel advances up to 50% of load, 7 days a week; fuel card at 8,000+ locations [source] | Fuel card offered by TransConnect Services [source] |
| Credit checks | Free 24/7 broker credit checking tool [source] | Not published |
| Founded | Not published | 2010 (factoring since 2012) [source] |
| Headquarters | Carlsbad, California [source] | Dallas, Texas [source] |
| Parent company | Not published | TBK Bank, SSB (Triumph Financial, Nasdaq: TFIN) [source] |
| Advertised features | No long-term contract, Same-day funding, Non-recourse, Fuel advances, No minimum volume, 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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