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Factoring Fee: Varies, custom pricing available on request
Apex Capital Corp was founded by David Baker in in Fort Worth, Texas in 1995. Apex has about 400 employees. Apex Capital is a truck factoring company delivering services to small and medium trucking businesses. You can get advance money on unpaid invoices within 24 hours.
Do you think factoring companies suck your blood when you go to them for payment services? Many people believe they do. But Apex is a freight factor with transparent, competitive rates, no required contracts or termination fees, and payment options to suit your needs.
As a trucker, it’s hard to get a load and get it to the delivery location. After delivering the load to an intended location, truckers need to wait for the payment cycle to lapse to get paid. That’s where factoring can help.
Apex also offers:
- A startup program to help get your authority
- A great mobile app to manage your account
- A fuel card program to save on fuel
You can use Apex’s robust and secure mobile app to achieve these benefits:
- Upload pictures of load paperwork for easy management within the app or Apex client site
- Capture paperwork at the home office or immediately after delivery
- Create and submit invoices for payment
- Instantly check credit on potential customers
- Find fuel stops, prices, and discounts along your route
- Stay up to date on your account status and activity
Apex capital Startup Program:
If you want to start a new trucking company and get your authority, the Apex Startup Program is for you. They help you get your company set up and running. When you work with Apex, you’ll learn the fundamentals of running a trucking company, the terminology, and industry standards to know when operating a trucking company.
If you have some filings done or none, the Apex Startup Program can help you make sure you have everything you need to start hauling freight.
Apex Capital Factoring:
For nearly 30 years, Apex has treated its clients as partners and employees with respect. Apex is one of the top factoring companies for trucking businesses.
Apex has developed robust technology and tools to help small to medium-sized trucking businesses grow and compete in the market. Whether you are just starting your business or have been up and running for a while, Apex can help.
Features of Apex capital factoring program:
- Transparent, competitive factoring rates tailored to your business
- Same-day and next-day funding options
- No long-term contracts required
- Dedicated representatives for each client
- Recourse and non-recourse factoring plans
- Free load board
- Free fuel card
- Free, unlimited credit checks on potential customers
- Professional collections & back-office support
- 24/7 account access through the mobile app or client website
Pros and Cons of Apex Program:
Pros
- 24/7 factoring options and a variety of payment options
- Startup program for new trucking companies
- Robust and efficient mobile app
- Fuel credit lines for qualifying clients
Cons
- Pricing available only upon request
- All your invoices with each customer need to be factored, not just one or two as you need it
Apex capital review:
Reviews from Apex clients say they are a good long-term partner and their relationship with their account executive has helped their company. You can easily sign up with Apex and get many value-added features like fuel cards, fast payments, credit checks, and information about good industry partners.
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