Apex Capital

Best for: Owner-operators, small fleets and freight brokers whose brokers and shippers pay in 30 to 60 days and who want fast pay (including nights and weekends), free broker credit checks and a fuel card bundled with factoring, with no long-term contract.

Not for: Carriers who want a published price before applying, or who want to factor only some loads from a given broker; once you factor a customer, all of its invoices go through Apex.

Lender List verdict: Apex Capital has factored freight bills since 1995, with 24/7/365 funding, recourse or non-recourse plans and no cancellation fees. Pricing is quote-only: at the roughly 2% flat fee third parties report, a load paid in 45 days costs about 18% simple annualized.

Apex Capital at a glance

What is Apex Capital?

Apex Capital Corp is a Fort Worth, Texas, freight factoring company that has bought trucking invoices since 1995. Chairman and CEO David Baker founded it, and Apex says it has since worked with thousands of trucking companies. Management completed a buyout in 2024, so it remains privately held under the same name.

Apex also factors for brokers, oilfield, construction and staffing firms, and adds a fuel card, a load board and a startup program.

How Apex Capital freight factoring works

Apex Capital buys your delivered freight bills and pays you the same or next day, often within minutes.

• Funding speed: Same-day or next-day; minutes through Apex's blynk system (Zelle, debit card or direct transfer), or by ACH, wire or check.
• 24/7/365 factoring: Qualified clients can factor nights, weekends and bank holidays, past the 3 PM Central cutoff.
• Contract: No long-term agreement, no monthly fees, no cancellation fee; you leave by notifying Apex.
• Volume: No monthly minimum; pick which customers to factor, but factor all of a chosen customer's invoices.
• Extras: Free broker credit checks, collections and the Apex TCS Fuel Card.

How the funding cycle works

Apex Capital advances most of each freight bill right after it verifies delivery; the remainder comes back, less the fee, when your broker pays.

1. You deliver and upload the rate confirmation and bill of lading.
2. Apex verifies delivery and sends the advance to your bank or fuel card.
3. Your broker pays Apex on its terms, often 30 to 60 days.
4. Apex releases the rebate minus its fee.

Apex Capital advance rate, factor fee, and recourse

Apex Capital does not publish its advance rate or fee; it sets both per client from your freight rates, volume, customer mix and factoring frequency. Third-party guides put the fee at about 2% flat per invoice; older client reports on The Truckers Report range from 1.5% to 3.5%.

• Fee structure: Flat, tiered or custom; no hidden fees, per Apex.
• Other fees (third-party, undated): ACH $3, wire $18, fuel advance $9; application free.
• Fees that do not exist: Monthly fees, monthly minimum volume fees, cancellation fees.
• Recourse: You choose. Non-recourse covers a customer that fails to pay for credit reasons such as bankruptcy on net-30 to net-60 terms; disputes, short pays, claims and paperwork problems stay with you.
• Notification: Yes. Customers pay Apex, and any payment sent to you on a factored load must be forwarded.

Worked example: factor $100,000 of freight bills at an assumed 90% advance (the figure in a 2013 Apex complaint response) and a 2% flat fee. You get $90,000 up front; the fee is $2,000, so the rebate is $8,000 when brokers pay. If they pay on day 45, that $2,000 buys 45 days of $90,000, about 18% simple annualized (19.5% compounded). That is about 1.33% per 30 days. Paid on day 30, it is about 27%; at 3.5% over 45 days, about 32%, a range of about 18% to 32% simple annualized.

Apex Capital requirements

Apex Capital publishes no minimum credit score, revenue or time in business; it asks for your authority, insurance and customer list.

Your brokers' credit matters more than yours.

Pros and cons

Apex Capital's biggest strength is round-the-clock funding with no contract; its weakness is quote-only pricing.

Pros

• 24/7/365 funding, including weekends and holidays
• No long-term contract, cancellation fee or monthly minimum
• Recourse or non-recourse, your choice
• Free broker credit checks and collections
• Fuel card averaging $0.49 a gallon off at 2,300+ in-network stops (Apex, 2026)

Cons

• No published fee or advance rate
• All invoices for a factored customer must go through Apex
• Non-recourse cover excludes disputes, short pays and claims
• Older client reports of accounts closed for low volume

Apex Capital vs. FundThrough vs. Riviera Finance

Apex Capital is the only one of these three built for trucking, and like Riviera it doesn't publish its fee.

FundThrough and Riviera Finance figures come from Lender List's competitor registry (own sites, plus third-party where marked), 2026-10-26.

Choose Apex Capital for trucking tools and weekend funding. Choose FundThrough for a published price. Choose Riviera Finance for non-recourse cover outside trucking.

Apex Capital alternatives on Lender List

Apex Capital has four factoring alternatives on Lender List; none is trucking-only.

• FundThrough — published pricing, 100% advance
• Riviera Finance — non-recourse since 1969
• SouthStar Capital — advances up to 90%; startups considered
• Liquid Capital — exit without fees
• Browse all invoice factoring companies on Lender List

Frequently asked questions about Apex Capital

Is Apex Capital Legit? Yes. Apex Capital has factored freight bills since 1995, holds a BBB A+ rating (accredited since 2009) and scores 4.8 on Trustpilot from 257 reviews. We found no regulator actions against it. Don't confuse it with Apex Capital Group, an unrelated online marketer that settled FTC charges in 2019.

How Do I Log In to My Apex Capital Account? You sign in on the Apex Capital website or in the Mobile Factoring app, both available 24/7, to upload paperwork and track payments. The app also runs free, unlimited credit checks on brokers and shippers before you book a load. For login trouble, call Apex at (844) 204-6608.

How Much Does Apex Factoring Charge? Apex Capital doesn't publish rates; it prices each account on freight rate, volume, customer mix and factoring frequency. Third-party guides report about 2% flat per invoice. On $100,000 of bills paid in 45 days that is $2,000, or roughly 18% simple annualized, before any transfer fees.

Is Apex Capital Recourse or Non-Recourse? Both; Apex Capital lets you choose. On non-recourse, Apex absorbs the loss when a broker doesn't pay for credit reasons such as bankruptcy, on net-30 to net-60 terms. Disputes, short pays, claims and paperwork errors stay with you under either plan.

Will My Customers Know I'm Factoring? Yes. Apex Capital collects directly from your brokers and shippers, so they pay Apex rather than you. If a customer pays you by mistake on a factored load, you must forward that check or payment to Apex instead of depositing it. Apex also handles collections on slow payers.

How Does the Apex Fuel Card Work? The Apex TCS Fuel Card is free for factoring clients and, per Apex, saved an average of $0.49 a gallon at more than 2,300 in-network truck stops in Q1 to Q3 2026. You can load factoring payments onto it, and fuel credit lines start at $2,500.

Does Apex Capital Work With New Trucking Companies? Yes. Apex Capital's Startup Program helps new carriers form a company and apply for an MC number. Apex suggests two years of driving experience first. FMCSA requires $750,000 in liability cover to haul non-hazardous freight across state lines, and qualifying factoring clients can get fuel credit lines from $2,500.

Last verified 2026-10-26. Pricing and terms are provider-stated or third-party-reported and vary by offer; confirm with the lender before applying.