Is Outgo the best in factoring?

You decide...

Rates as low as 1.0%

No annual contracts

Non-recourse

Instant access to funds

No reserves

Rate Match Guarantee

See how Outgo compares to other factoring companies like Triumph, TAFS, TBS, Apex, eCapital, and more.

Compare for yourself

Traditional factoring companies

Rate

Not publicly available

Rate Match Guarantee: We will match or beat your current rate

Rates based on your fleet size:

Owner-operator
Less than $18k monthly invoicing
3%
Fleets
$18k-$80k monthly invoicing
2.5%
Custom
$80k+ monthly invoicing
Custom

Smart Factoring

No Smart Factoring

Get an an even lower rate with Smart Factoring

1% on purchases with the Outgo Card1

Smart Factoring Rates and Fees

Payout speeds

Same-day

4 hours or less

Even better—65% of our invoices are factorable in 90 minutes or less. 25% of invoices within 15 minutes.

Contracts

Annual contracts

Locked in for an entire year.

Short-term contracts

Free to cancel within 15 days.

Recourse

Varies by company

Not all offer non-recourse factoring and those that do generally charge higher rates for it.

Non-recourse

If a factorable broker goes bankrupt or folds, you won’t have to repay payments received.

Reserves

2-5% of an invoice

No reserves

Brokers

Free broker credit checks

Instant transfers

No instant transfers

Factor instantly on your Outgo Card

Transfer instantly on iOS, Android, and web

1.0% fee (Max $20.00 fee)

ACH transfers

Typically free, but not publicly available

Free ACH transfers

Wire transfers

Not publicly available

$20.00 wire transfers

Don't just take our word for it

“In 25 years of business, I’ve never met a company that provides 5-star service for 1-star prices.”

David Brooks, RJDB

A month ago

“We are so glad we chose to make the switch to Outgo and we appreciate the great service and support they continue to give our business.”

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Kelley Transportation

A week ago

“Best thing i have done in the last 8 years being in the trucking industry is switch to Outgo. Truly the best factoring company... ”

Hvtransport LLC

A week ago

Outgo reduces factoring costs and headaches

Check out how we compare to TBS Factoring, TAFS, and Triumph.

Get fast funds

We review and process payments within 4 hours of invoice upload.

50% of invoices get paid in 90 minutes or less and half of those are paid within 15 minutes.

Four hours or less funding qualifications

Broker is approved for factoring
Documents are submitted before 3pm EST / 12pm PST
You’ve previously worked with this broker on the Outgo platform

If a rate verification is not required

Certain invoices require payment confirmation directly from the broker.

Within 2 business days

Approved brokers you haven’t worked with previously on the Outgo platform or if a rate verification is required.

If the broker isn’t approved or the invoice isn’t eligible for factoring, funds will be deposited in your Checking account when the invoice is paid by the broker.