RTS Financial

Best for: Owner-operators and small fleets hauling for brokers and shippers with good credit who want same-day cash on freight bills and will also use a diesel fuel card. Your own credit matters far less than your customers'.

Not for: Carriers that want a published price, month-to-month freedom, or to factor only some loads. RTS quotes every fee privately, and third-party reviewers report a one-year contract with a cancellation fee.

Lender List verdict: RTS Financial is a long-running trucking factor with same-day funding, advances above 90%, and a fuel card that RTS says saves an average of 25¢ a gallon. The catch is opacity: no fee is published, and at a 2% to 3% flat fee a 30-day freight bill costs roughly 26% to 38% simple annualized.

RTS Financial at a glance

RTS Financial advances more than 90% of each freight bill, usually the same day, and does not publish its fee.

What is RTS Financial?

RTS Financial is an Overland Park, Kansas, freight factor owned by Shamrock Trading Corporation, buying trucking invoices since 1995 per third-party reviewers. RTS itself cites 25+ years of factoring.

RTS also sells a diesel fuel card, equipment financing (for factoring clients only), insurance and the ProTransport TMS, and factors for oilfield and staffing firms.

How RTS Financial (RTS factoring) works

RTS Financial buys your delivered-load invoices, pays most of the value the same day, and collects from the broker or shipper.

• Advance: More than 90% of the invoice per RTS (third-party reviewers report up to 95% to 97%).
• Funding speed: Same-day funding, or within 24 hours.
• Limits: Set by your customers' credit; strong buyers may mean no cap.
• Fuel card: RTS says carriers save an average of 25¢ a gallon at 4,000+ in-network truck stops; bundling fuel with factoring can lower your factoring rate.

How the funding cycle works

RTS Financial pays the advance within a day and the rest when the broker pays, often on net-30 terms.

1. You deliver the load and upload the invoice and paperwork.
2. RTS verifies it and sends the advance, typically the same day.
3. The broker or shipper pays RTS directly.
4. RTS releases the remaining balance minus its fee.

RTS Financial advance rate, factor fee, and recourse

RTS Financial advances more than 90% and keeps its fee private; industry trucking factoring fees run roughly 1.5% to 5% of the invoice (Bubba, a carrier-software vendor).

• Fees not charged: No ACH or invoice-upload fees (NerdWallet).
• Recourse: RTS's site doesn't say; third-party reviewers report both recourse and non-recourse; LendingTree notes that many non-recourse agreements cover only specific causes such as broker bankruptcy.
• Notification: Yes; your customers pay RTS.
• Contract: One-year term that renews automatically, with 60 days' notice to cancel (Empwr Trucking, a competing factor); LendingTree reports a fee of 2% of average monthly volume for leaving in the first year.
• Lien: LendingTree reports carriers saying RTS recorded UCC liens before the contract was signed, and that reserves and lien releases came slowly after they left.

Worked example: you factor $100,000 of freight bills at an assumed 95% advance and an assumed flat 3% fee. RTS wires $95,000; when the broker pays on day 30, you receive the $2,000 balance after the $3,000 fee. That is about 38% simple annualized (46% compounded). At 45 days, the same fee is about 26%. At a 2% fee and 30 days, you keep $3,000 and the rate is about 26%.

RTS Financial requirements

RTS Financial publishes no minimum credit score, revenue or time in business; it approves you mainly on your brokers' and shippers' credit.

Pros and cons

RTS Financial's strengths are same-day advances above 90% and a fuel discount; its weaknesses are a private fee and a contract that third parties say is hard to exit.

Pros

• Advances above 90%, paid the same day
• Fuel card worth an average of 25¢ a gallon, per RTS
• No ACH or invoice-upload fees (NerdWallet)
• Free collections and broker credit analysis
• 4.2/5 on Trustpilot from 1,293 reviews

Cons

• No published fee, and no fee range from third parties
• One-year auto-renewing contract with a first-year exit fee (third-party)
• Complaints about UCC liens and slow reserve releases
• Recourse terms not stated on RTS's own site

RTS Financial vs. Riviera Finance vs. FundThrough

RTS Financial advances more than 90% the same day, against up to 95% at Riviera Finance and 100% at FundThrough.

Riviera Finance and FundThrough figures are from their own sites or cited reviews, checked 2026-10-26.

Choose RTS Financial for factoring plus fuel savings. Choose Riviera Finance for non-recourse cover. Choose FundThrough for a published fee.

RTS Financial alternatives on Lender List

RTS Financial's closest Lender List alternatives are Riviera Finance, FundThrough and three other factors.

• Riviera Finance — non-recourse factoring with a six-month standard contract
• FundThrough — published fees and 100% advances
• Star Funding — 1% to 3% per 30 days, recourse or non-recourse
• SouthStar Capital — accepts startups; advances up to 90%
• Liquid Capital — no long-term contract
• Browse all invoice factoring companies on Lender List

Frequently asked questions about RTS Financial

Is RTS Financial Legit? Yes. RTS Financial has factored freight since 1995 (third-party), belongs to Shamrock Trading Corporation, and lists NMLS #2684454. Trustpilot rates it 4.2 out of 5 from 1,293 reviews, though 25% are one-star, citing slow replies and delayed funds. We found no regulator actions in the sources we checked.

What Are RTS Factoring Rates? RTS Financial does not publish its factoring rates; it quotes each carrier based on monthly volume and customer credit. Industry freight factoring fees run about 1.5% to 5% per invoice. At 2% to 3% on a bill paid in 30 days, that is roughly 26% to 38% simple annualized.

Where Is RTS Financial Located? RTS Financial is based at 9345 Metcalf Avenue in Overland Park, Kansas. It lists 11 offices, including Atlanta, Chicago, Dallas, Houston, Laredo and Phoenix, and works with carriers nationwide. Beyond U.S. freight, it also offers Mexican trucking factoring and international factoring in 40+ countries.

Is RTS Financial Recourse or Non-Recourse? Both, according to third-party reviewers; RTS's own site doesn't say. Under recourse you buy back unpaid invoices. LendingTree warns that non-recourse cover usually applies only to specific causes such as a broker's bankruptcy, so read the definition in your contract before signing.

Will My Customers Know I'm Factoring? Yes. Brokers and shippers pay RTS Financial directly under the invoice's terms, so they will see that RTS owns the receivable. RTS also runs the collections on factored bills, so payment questions from your customers go to RTS rather than to you.

How Much Does the RTS Financial Fuel Card Save? RTS Financial says its fuel card saves an average of 25¢ a gallon; LendingTree reports 45¢. Discounts apply only at in-network stations, which RTS puts at 4,000+ truck stops, so find them with the fuel map in the RTS app. Pairing the card with factoring can also cut your factoring rate.

Can I Cancel My RTS Financial Contract? Yes, but not freely, per third-party reviewers. Empwr Trucking describes a one-year contract that renews automatically and needs 60 days' notice to cancel, and LendingTree reports a fee of 2% of average monthly volume for leaving in the first year.

Who Owns RTS Financial? Shamrock Trading Corporation, an Overland Park company founded in 1986, owns RTS Financial. Its other brands include Ryan Transportation, a freight brokerage, RTS International for export finance, and ProTransport fleet software. Shamrock is led by its founder and CEO, Bill Ryan.

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.