Skip to content
Best Business Loan Lenders shieldBest Business Loan Lenders
Powered byLevrGet help choosing
FactorTek logo

FactorTek

Listed
Factoring company for invoice factoring and working capital loansMiami, FloridaBased in Florida; service area not yet provided
BBLL 000386Listed Nov 2026From public recordsLast checked Nov 1, 2026
Request contactIs this your lender? Claim it

About

FactorTek purchases freight invoices for owner-operators and small fleets and combines funding with back-office support and freight-broker credit checks. It advertises payment within 24 hours, subject to confirming the conditions for the specific account.

Factoring company. Buys or advances against business invoices.

This entry starts from public records. The lender fills in the rest when it claims the entry, which is free.

What they lend

Invoice factoringWorking capital loans
General small business
From the lender's own site and public records.

A second look at FactorTek

FactorTek purchases freight invoices for owner-operators and small fleets and combines funding with back-office support and freight-broker credit checks. It advertises payment within 24 hours, subject to confirming the conditions for the specific account.

Direct freight invoice factoring provider.

Published by Levr, not by FactorTek. This is a source-based profile and editorial assessment, not customer reviews or a promise of approval. Sources checked November 1, 2026.

Visit the official provider website →

Programs and published requirements

Compare the specific program and legal funding entity on your offer. Advertised limits and minimums do not guarantee eligibility or your price.

Freight factoring

Customers
Targets independent owner-operators, small trucking companies, transportation firms and new trucking businesses.
Transaction
The FAQ describes selling freight receivables at a discount; the factor pays upfront less the agreed fee and collects from the customer.
Timing
Homepage advertises payment within 24 hours; actual onboarding, invoice acceptance and payment cutoffs require confirmation.
Credit tools
Offers freight-broker credit assessments, plus professional back-office support.

Provider sources: Freight factoring overview · Factoring FAQ

When it may fit

Our assessment of the published programs

  • Consider for an owner-operator or small fleet seeking invoice liquidity and help evaluating freight brokers.

What to weigh carefully

  • The pages do not disclose a universal factoring rate, contract duration or recourse policy.
  • Confirm whether fuel-card benefits require separate enrollment or fees.

Questions before you accept an offer

  1. What happens if a broker pays late, disputes an invoice or becomes insolvent?
  2. Does 24-hour payment start after onboarding and invoice verification?
  3. Are there minimums, termination charges or reserve deductions?

Ask for written terms. Compare net cash received, total repayment, fees, payment timing and early-payoff costs for the same financing need.

Prepare your comparison

Use the same questions and figures for each offer you receive.

Alternatives to research

These are options for a related financing need, not a ranking or a claim of equivalent eligibility or pricing.

RTS Financial

Compare RTS Financial for freight factoring and carrier support.

Riviera Finance

Compare Riviera Finance for receivable eligibility and nonpayment-risk terms.

The lender

Type
Factoring company
Legal name
Not yet provided Add it
Founded
Not yet provided Add it
Charter
Not yet provided Add it
Headquarters
Miami, Florida
Service area
Based in Florida; service area not yet provided
Meets in person
Not yet provided Add it
Languages
Not yet provided Add it
Program approvals
Not yet provided Add it
Also lends to consumers
Not yet provided Add it
Website
factortek.com
LinkedIn
Not yet provided Add it

Loan officers at this lender

No loan officers listed yet. Work here? Claim your profile.

More lenders in Florida

All of Florida
Greenbox Capital logo
Greenbox CapitalLevr partner
Greenbox provides business financing including merchant cash advances in the US, Puerto Rico and Canada. Its published general and product-specific limits differ, making a written product quote important.
Revenue based fundersWorking capital loansRevenue based financing
Miami, FL
P
PipeLevr partner
Pipe supplies revenue-based capital through participating business software platforms. Access depends on the platform and live business data; it is not a standard bank loan available through every software account.
Revenue based fundersRevenue based financingWorking capital loans
Miami, FL
18 Wheel Funding logo
18 Wheel FundingListed
18 Wheel Funding purchases trucking receivables to give carriers working capital after completed loads.
Factoring companiesInvoice factoringWorking capital loansUnclaimed
Miami, FL
Adventure Funding Group logo
Adventure Funding GroupListed
Adventure Funding Group LLC provides merchant cash advances through an ISO-focused direct funding channel.
Revenue based fundersRevenue based financingWorking capital loansUnclaimed
Coral Springs, FL
Powered byLevrStanding rises on evidence, never on payment.