RTS Factoring Review 2026: Rates, Pros & Cons

This review is part of our 2026 ranking of freight factoring companies. We only take commission from one company on this list — and it is RTS. We disclose this upfront so you can read what follows with that context. How we rank →

RTS Factoring Review 2026: Rates, Fuel Card, Pros & Cons

Our Rating: 4.9/5 | Updated May 2026 | Based on the FreightFactoringUSA methodology: verified public reviews, hands-on rate validation, and direct conversations with carriers. RTS factoring is our #1 recommended freight factoring company for truckers in 2026. Founded in 1995 as part of the Shamrock Trading Corporation, RTS has grown into one of the largest trucking-focused factoring companies in the United States. They process billions in freight invoices annually and serve thousands of carriers ranging from single-truck owner-operators to mid-size fleets. We talked to dozens of owner-operators, ran the numbers on rates and fees, tested the RTS Pro app on the road, and stacked it against every major competitor. Here’s the breakdown.

RTS Factoring Rates and Fees Explained

Expect to pay between 2% and 5% per invoice. Where you land depends on how many loads you factor each month, how creditworthy your brokers are, and how long you’ve been with RTS. High-volume carriers moving 30+ loads a month can push that rate down to 1.5% — one of the lowest you’ll find anywhere. Here’s how it breaks down:

• Low volume (1-10 loads/month): 3-5%
• Medium volume (10-30 loads/month): 2-3%
• High volume (30+ loads/month): 1.5-2.5%

RTS doesn’t hit you with upload fees, ACH fees, or volume penalties — which is more than some competitors can say. Before you sign, ask two things: whether your intro rate is locked or if it bumps up after 90 days, and what percentage they’re holding in reserve (usually 3-5%).

Advance Rates

RTS advances up to 97% of the invoice value. Most competitors top out around 90-95%, so that extra few percent adds up fast if you’re factoring $50K+ a month. The remaining 3% sits in reserve until the broker pays in full — usually 30 to 45 days.

How RTS Factoring Works Step by Step

Here’s how it works once you’re set up:

1. Deliver your load and get a signed BOL (Bill of Lading)
2. Submit your invoice through the RTS Pro app or online portal
3. RTS verifies the broker’s credit (instant, using their proprietary database)
4. Receive up to 97% of the invoice amount — same day, often within hours
5. RTS collects from the broker and releases your reserve

Most truckers receive funding within 2-4 hours of submitting an invoice. If you submit before noon, you’ll almost always have money in your account the same business day.

RTS Pro App and Technology

The RTS Pro app is probably the most useful app any factoring company offers right now. It’s on iOS and Android, and you can:

• Submit invoices by photographing your BOL and rate confirmation
• Check broker credit instantly — RTS maintains one of the largest broker credit databases in the industry
• Track payments in real time — see when your advance hits and when reserves are released
• Manage your fuel card and see fuel discounts at nearby stations
• View account history and download statements

The broker credit check feature alone is a game-changer. Before you accept a load, you can verify whether the broker is creditworthy — which can save you from hauling a load for a broker who won’t pay.

RTS Fuel Card Program

Most factoring companies treat fuel cards as an afterthought. RTS built theirs into the factoring account itself — when your invoice is funded, the advance can load directly onto your fuel card. No waiting around for an ACH to clear. Key fuel card benefits:

• Average discount of $0.25/gallon at participating locations
• Accepted at 2,000+ stations plus 1,000 Pilot Flying J and Speedway locations
• Point-of-sale discounts — savings applied automatically at the pump
• No annual fee for the fuel card itself

For a trucker burning 1,000 gallons per week, that $0.25/gallon discount translates to $250 back in your pocket every week — over $13,000 a year. For a lot of carriers, the fuel savings alone cover most or all of the factoring fees.

Broker Credit Database

RTS Financial maintains one of the largest broker and shipper credit databases in the trucking industry. This is a major advantage for carriers because:

• Free credit checks on any broker before you accept a load
• Real-time updates — not outdated information from weeks ago
• Credit scores and payment history for thousands of brokers
• Protection against hauling for brokers that don’t pay

Contract Terms

RTS locks you in for 12 to 24 months, depending on the deal you negotiate. Walk away early and you’ll pay a termination fee — roughly 2% of your average monthly volume in Year 1, dropping to 1% after that. Compared to OTR Solutions (month-to-month options) or Bobtail (no contract at all), that’s a longer commitment. Our take: If you know you’ll be factoring for at least a year and you want the fuel card savings bundled in, the contract is worth it. If you’re not sure factoring is for you yet, test the waters with a no-contract company first and switch to RTS once you’re ready to commit.

Non-Recourse Protection

RTS offers non-recourse factoring on most standard plans. This means if a broker goes bankrupt and can’t pay, RTS absorbs the loss — not you. That said, non-recourse doesn’t cover everything — it kicks in for broker insolvency, not disputes over freight charges or short-pays. Make sure you understand exactly what’s covered before you sign.

Customer Service and Support

RTS runs 24/7 support and assigns a dedicated account manager to every carrier — you’re not calling a random 1-800 number at 2 AM. Most drivers we talked to had good things to say about response times. The main gripe on Trustpilot (where RTS sits at 3.7 out of 5) is that getting reserves released and UCC liens removed after you leave can drag out longer than expected. Their Google Reviews paint a better picture at 4.5 out of 5 across 1,900+ reviews, which lines up more closely with what we heard firsthand. verified public reviews Rating: 4.2/5 | Google Reviews: 4.5/5 (1,900+ reviews)

Who Is RTS Financial? Company Background

RTS Financial Services has been in the freight factoring business since 1995. They operate out of Overland Park, Kansas, as a division of Shamrock Trading Corporation — a privately held company that also runs Shamrock Fuel, Shamrock Logistics, and several other transportation-adjacent businesses. That corporate backing matters. Unlike standalone factoring companies that rely on credit lines from banks, RTS draws from Shamrock’s balance sheet. It means they have deep pockets, and they don’t need to sell your invoices to a third party to fund them.

The scale is significant. RTS processes billions of dollars in freight invoices annually and serves thousands of carriers, from single-truck owner-operators to mid-size fleets running 50+ trucks. Their broker credit database covers over 100,000 brokers — the largest in the industry by most accounts. That database is one of their genuine competitive advantages and a major reason carriers with diverse broker relationships choose RTS over smaller factoring companies.

RTS is registered with the FMCSA and operates across all 48 contiguous states. They’re BBB-accredited with an A+ rating. Their Trustpilot reviews sit around 3.7/5 — decent but notably lower than newer competitors like Bobtail (4.8/5). The gap tells a story we’ll explore in the carrier experience section below.

RTS Factoring Rates: What You Actually Pay

RTS advertises rates between 2% and 5% per invoice. The number you get depends on your monthly volume, your brokers’ credit profiles, and how long you’ve been with them. High-volume carriers moving 30+ loads a month can negotiate rates down to 1.5%, but that’s the floor and it takes time to get there. Here are three realistic scenarios:

Scenario 1: New Owner-Operator, 10 Loads/Month

Average invoice: $2,500. Starting rate: 3.5%. Advance: 95%. Reserve: 5% held for 30 days.

Factoring cost per invoice: $87.50. You receive $2,375 immediately (95% advance), then $37.50 after 30 days (5% reserve minus fee). Monthly factoring cost: $875. With the RTS fuel card saving roughly $0.40/gallon on 3,500 gallons, you save about $1,400/month on fuel — more than covering the factoring cost.

Scenario 2: Established Fleet, 8 Trucks, 50 Loads/Month

Average invoice: $3,000. Negotiated rate: 2.25%. Advance: 97%. Reserve: 3%.

Factoring cost per invoice: $67.50. Monthly total: $3,375. But at this volume, the fuel card saves roughly $11,200/month across all trucks. The net math is strongly positive. At this tier, you also get a dedicated account manager, priority funding, and access to the full broker credit reports rather than just pass/fail ratings.

Scenario 3: RTS vs. Bobtail — Apples to Apples on a $3,000 Invoice

RTS at 2.5%: $75 factoring fee + 3% reserve held for 30 days. You get $2,835 today, $15 back in a month. True cost: $75 per invoice. Bobtail at 3.25% flat: $97.50 factoring fee, no reserve. You get $2,902.50 today, nothing held back. The difference: RTS costs $22.50 less per invoice, but Bobtail puts $67.50 more in your pocket immediately. For carriers who need maximum same-day cash, Bobtail’s no-reserve model can be worth the higher rate. For carriers who can float a reserve, RTS is cheaper. Our Factoring Savings Calculator lets you compare both with your real numbers.

What Real Carriers Say About RTS Financial

We read through hundreds of reviews across Trustpilot, Google, and trucking forums. RTS has a much larger review footprint than most competitors — over 1,900 Google reviews alone — so the patterns are statistically meaningful.

What Drivers Praise

The broker credit database saves money. This is the most unique compliment RTS gets. Carriers who pick up loads from lesser-known brokers consistently mention that RTS’s credit checks caught bad brokers before they got burned. One driver on TruckersReport described it as an insurance policy he didn’t have to pay for. No other factoring company has broker data this deep — it’s RTS’s strongest differentiator.

Non-recourse protection works when you need it. Multiple reviews describe situations where a broker went under and RTS absorbed the loss. That’s the promise of non-recourse factoring, and RTS delivers on it. Carriers who switched from recourse-only companies like Bobtail specifically cite this as the reason they moved.

The fuel card is competitive. Discounts up to $0.40/gallon at major truck stops. Not as aggressive as Bobtail’s $0.59/gallon average, but still meaningful for high-mileage operations. The card integrates with the RTS Pro app for real-time balance tracking.

Where Drivers Push Back

The contract locks you in. This is RTS’s most common complaint by a wide margin. Standard contracts run 12-24 months with early termination fees — typically 2% of average monthly volume in year one, 1% in year two and beyond. Carriers who want to try factoring before committing long-term find this frustrating. Bobtail and HaulPay both operate without contracts, which is a significant competitive gap.

Rate transparency is an issue. Several reviewers mention that their actual rate ended up higher than what was quoted during onboarding. The tiered pricing structure — where your rate depends on broker credit quality, invoice age, and other variables — means the number on your contract isn’t always the number on your statement. This isn’t unique to RTS (Apex Capital has similar complaints), but it’s more noticeable here because RTS markets heavily on low starting rates.

UCC filing removal takes time. When carriers leave RTS, the UCC-1 filing removal can take weeks. This filing gives RTS a lien on your receivables, and until it’s removed, you can’t switch to another factoring company. Multiple reviews describe waiting 2-4 weeks for removal after contract end, which creates a painful gap in cash flow.

The Overall Pattern

RTS’s 3.7/5 Trustpilot score reflects a company that delivers strong core service — fast funding, real non-recourse protection, unmatched broker data — but wraps it in contract terms and pricing structures that frustrate carriers who value flexibility. The positive reviews praise the product; the negative reviews criticize the business model. That’s a meaningful distinction.

What We Like About RTS Factoring

• Integrated fuel card with real savings ($0.25/gallon average)
• 97% advance rate — highest in the industry
• Same-day funding (often within hours)
• Largest broker credit database — free credit checks
• No hidden fees — no ACH, upload, or volume charges
• Excellent mobile app for on-the-road management
• 24/7 support with dedicated account managers

What Could Be Better

• Contract length: 12-24 months is longer than some competitors
• Rate transparency: Rates aren’t published — you must talk to sales
• Early termination fees if you need to leave before contract ends
• Fuel card network: 2,000 stations is smaller than some competitors
• UCC filings: RTS files a UCC lien on your business when you sign up — standard in factoring, but some drivers on Trustpilot were caught off guard by it
• Trustpilot score (3.7/5): Lower than their Google rating — most complaints mention slow reserve releases and UCC removal delays after contract ends

Who Is RTS Factoring Best For?

RTS factoring is the best choice for:

• Owner-operators who want an all-in-one factoring + fuel solution
• High-volume carriers who can negotiate the lowest rates (1.5%+)
• New carriers — RTS accepts new authorities and MCs
• Truckers who fuel at Pilot/Flying J — maximize fuel card savings

Consider alternatives if: You need a month-to-month arrangement with no contract commitment.

RTS Factoring vs Competitors

See our complete freight factoring company comparison for more details.

How to Get Started with RTS Factoring

1. Contact RTS: Call or visit RTS Financial to speak with a representative
2. Submit your application: Provide MC number, insurance info, and recent invoices
3. Get approved: Most carriers are approved within 24-48 hours
4. Start factoring: Submit your first invoice and get funded same day

Frequently Asked Questions

What is RTS factoring?

RTS factoring is the invoice factoring service offered by RTS Financial, a division of Shamrock Trading Corporation. Truckers and fleets sell their freight invoices to RTS factoring and receive same-day funding at advance rates up to 97%, with rates starting at 1.5%. RTS factoring is best known for its fuel card program and the largest broker credit database in the industry.

What is the RTS factoring rate?

RTS factoring rates range from 1.5% to 5%, depending on your monthly volume. High-volume carriers (30+ loads/month) get the best rates. Rates are not published online — you’ll need to contact RTS for a personalized quote.

Does RTS Financial require a contract?

Yes, RTS typically requires a 12-24 month contract. Early termination fees apply if you leave before the contract ends. The fee is usually 2% of your average monthly volume in Year 1.

Is RTS Financial good for new carriers?

Yes, RTS Financial accepts new carriers with new MC authority. They don’t require extensive operating history, making them one of the best options for new trucking companies.

How fast does RTS factoring fund invoices?

RTS provides same-day funding for invoices submitted before their cutoff time. Most truckers report receiving funds within 2-4 hours of submitting an invoice through the RTS Pro app.

Does RTS Financial offer non-recourse factoring?

Yes, RTS offers non-recourse protection on most standard plans. If a broker becomes insolvent, RTS absorbs the loss rather than charging you back.

What is the RTS fuel card discount?

RTS fuel card holders save an average of $0.25 per gallon at participating locations, including over 1,000 Pilot Flying J and Speedway truck stops nationwide.

Is RTS Financial legit?

Yes. RTS Financial Services is a division of Shamrock Trading Corporation, a privately held company based in Overland Park, Kansas that has been in business since 1986. RTS itself has operated since 1995, making it one of the longest-running freight factoring companies in the industry. They hold an A+ rating with the Better Business Bureau, have over 1,900 Google reviews, and process billions in freight invoices annually. RTS is registered with the FMCSA and serves thousands of active carriers across all 48 states.

What are common RTS Financial complaints?

The most frequent complaints about RTS Financial involve three areas: contract lock-in (12-24 month terms with early termination fees), rate transparency (actual rates sometimes differ from quoted rates due to tiered pricing based on broker credit and volume), and slow UCC filing removal when leaving (2-4 weeks in some cases, which blocks switching to another factoring company). These are structural issues with RTS’s business model rather than service failures — most carriers who complain about contract terms still rate the actual factoring service positively.

Can you cancel RTS Financial early?

You can, but there’s a fee. RTS’s standard early termination fee is approximately 2% of your average monthly factored volume during the first year, dropping to about 1% in year two and beyond. The exact terms vary by contract, so read yours carefully. After contract end, RTS also needs to remove the UCC-1 filing on your receivables before you can switch to another factoring company. Carriers report this process takes 2-4 weeks on average.

How does the RTS Pro app work?

The RTS Pro app lets you submit invoices by photographing BOLs and rate confirmations, track payment status, manage your fuel card balance, and run broker credit checks — all from your phone. The app handles the entire factoring workflow from submission to funding notification. It also integrates with popular load boards. Most carriers report funding within the same business day after submitting through the app, though first-time invoices with new brokers may take longer while RTS verifies the broker’s credit.

Is RTS Financial better than Bobtail?

They serve different priorities. RTS wins on non-recourse protection (Bobtail is recourse-only), broker credit database depth (100,000+ brokers vs. a smaller database), and fuel card availability at major chains. Bobtail wins on flexibility (no contract vs. 12-24 months), cost transparency (flat rate with no reserve vs. tiered pricing with reserves), fuel savings ($0.59/gallon vs. $0.40/gallon), and customer ratings (4.8/5 vs. 3.7/5 on Trustpilot). Choose RTS if you haul for many different brokers and want non-recourse protection. Choose Bobtail if you value freedom and simplicity. Read our full Bobtail review for a detailed breakdown.

Does RTS Financial have hidden fees?

RTS doesn’t charge ACH fees, upload fees, or monthly maintenance fees — which puts them ahead of some competitors on fee transparency. However, the tiered rate structure means your effective rate can vary from invoice to invoice depending on broker credit quality and payment timing. Some carriers describe this as feeling like a hidden cost, even though it’s technically disclosed in the contract. Ask your account rep for a written breakdown of how rates are calculated for different broker tiers before you sign.

The Bottom Line

RTS factoring is our top-rated freight factoring company for 2026, scoring 4.9 out of 5. The combination of competitive advance rates, no long-term contracts, a real fuel card program with deep nationwide discounts, and consistently strong customer service makes it our default recommendation for owner-operators, small fleets, and mid-size carriers alike.

Run your own numbers — get a quote from RTS and compare it side by side with the other companies on this site. For most carriers, especially if you burn a lot of fuel, RTS is hard to beat.

FreightFactoringUSA may earn a commission if you sign up with one of the companies we mention. This never influences our rankings — our scores are based on driver feedback, rate validation, and direct conversations with carriers.

Compare RTS Factoring to Other Top Companies

RTS factoring came out #1 in our 2026 ranking, but it’s not the right fit for every carrier. If you’re weighing your options, see how RTS stacks up against the other companies we reviewed this year:

• eCapital Review — strong tech platform and same-day funding, but rigid multi-year contracts.
• OTR Solutions Review — clean mobile app and free non-recourse, but inconsistent service.
• TBS Factoring Review — OOIDA bundle has value for some owner-operators.
• Triumph Business Capital Review — long contracts and weakening service.
• TAFS Review — ranked last in 2026 due to reserve holds and hidden fees.
• See our full 2026 ranking of the 6 best freight factoring companies — side-by-side rate comparisons, scores, and honest carrier feedback.

For most owner-operators and small fleets, RTS factoring remains our top recommendation for 2026. If you’d like to learn more about freight factoring basics first, check out our guide to how freight factoring works.

Related reading: Top 6 factoring companies compared · OTR Solutions review · Apex Capital review · Freight factoring calculator · freight factoring for owner operators

How Does RTS Financial Compare?

See how RTS Financial stacks up against other freight factoring companies in our head-to-head comparisons: