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Porter Freight Funding logo

Porter Freight Funding

Listed
Factoring company for invoice factoringBirmingham, AlabamaServes US businesses; availability varies by program and state
BBLL 000309Listed Oct 2026From public recordsLast checked Oct 31, 2026
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About

Porter Freight Funding offers separate carrier and freight-broker factoring workflows. Compare the recourse option, reserve, introductory pricing conditions and renewal deadline for your agreement.

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 factoring
Trucking and logistics
From the lender's own site and public records.

A second look at Porter Freight Funding

Porter Freight Funding offers separate carrier and freight-broker factoring workflows. Compare the recourse option, reserve, introductory pricing conditions and renewal deadline for your agreement.

Porter Freight Funding is a trade name of Porter Billing Services LLC, according to the official website disclosure. It funds invoices and handles collections directly.

Published by Levr, not by Porter Freight Funding. This is a source-based profile and editorial assessment, not customer reviews or a promise of approval. Sources checked October 31, 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.

Carrier freight factoring

Advance and risk options
Recourse and non-recourse plans are available. Non-recourse advertises 100% invoice value without reserve holdback, with broker bankruptcy or insolvency protection; confirm fees and exclusions.
Recourse reserve
A small reserve is released on broker payment. Confirm the exact advance, holdback and chargeback schedule.
Introductory price
From 1.5% for the first 60 days for eligible carriers signing a one-year recourse contract with a 95% advance. Sprinter vans and box trucks are excluded from this promotion.
Ongoing price
Depends on invoice volume, broker credit and payment terms. Obtain the post-promotion rate and all transaction charges; the promotional percentage is not APR.
Renewal
Written notice is required at least 60 days before renewal for the advertised standard arrangements.
Funding and collections
Approved invoices can fund same day or within 24 hours after verification. Porter handles billing and collects from brokers.
Documents
Rate confirmation and bill of lading are submitted through PorterGO; broker and invoice verification precede funding.

Provider sources: Carrier program and promotional conditions · Pricing factors and renewal terms · Entity disclosure

Freight broker factoring

Eligible business type
Dedicated service for new and existing freight brokerage companies, subject to approval.
Customer review
Porter pre-approves the shipper before funding the completed shipment invoice.
Settlement workflow
After delivery and invoice submission, Porter pays the carrier directly, sends additional funds to the brokerage and collects from the shipper.
Pricing and advance
Request a broker-specific quote. Carrier promotional prices, advance rates and non-recourse terms should not be assumed to apply.

Provider sources: Freight-broker service and direct carrier settlement

When it may fit

Our assessment of the published programs

  • A carrier can compare recourse pricing with the reserve-free non-recourse option.
  • A freight brokerage seeking direct carrier settlement can investigate the dedicated broker program.

What to weigh carefully

  • The 1.5% introductory offer has duration, contract, advance and vehicle-type conditions.
  • Broker bankruptcy protection does not establish coverage for disputed delivery or invalid invoices.
  • Carrier and freight-broker programs have different customers and payment workflows.

Questions before you accept an offer

  1. What rate and fees apply after the first 60 days?
  2. What advance and reserve apply to this invoice and customer?
  3. Which events trigger repurchase or chargebacks under my plan?
  4. What is the renewal date and where must written cancellation notice be delivered?
  5. For broker factoring, how are carrier payables, brokerage margin and shipper disputes handled?
  6. Which liens or guarantees apply, and what is required to release them?

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.

Apex Capital

Apex publishes no monthly or cancellation fees for freight factoring; compare invoice-selection rules and recourse coverage.

Published specialist programs

Freight broker factoring

Dedicated freight-broker program includes shipper credit approval and direct carrier settlement.

Who it serves
New and established freight brokerages; shipment must be delivered and the invoice submitted.
Our questions before you choose

Confirm broker-specific eligibility and contract terms; do not substitute the carrier program terms.

Checked October 31, 2026. Provider program details

Trucking factoring companies

Publishes a side-by-side recourse and non-recourse carrier program comparison, including renewal notice requirements.

Who it serves
Carrier freight invoices for delivered loads, subject to customer and invoice approval.
Published terms
Non-recourse program states no reserve and coverage for broker bankruptcy or insolvency. Standard terms require written notice at least 60 days before renewal.
Our questions before you choose

Confirm renewal date, termination notice method, fee schedule and what happens with disputes or fraud; insolvency coverage is not universal nonpayment protection.

Checked October 31, 2026. Provider carrier-program comparison

Other providers to compare

These providers publish information for at least one of the same financing needs. They are comparison options, not a ranked recommendation or evidence that you qualify.

1st Commercial Credit

Compare freight broker factoring →

Gateway Commercial Finance

Compare freight broker factoring →

Apex Capital

Compare trucking factoring companies →

eCapital

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OTR Solutions

Compare trucking factoring companies →

Riviera Finance

Compare trucking factoring companies →

The lender

Type
Factoring company
Legal name
Porter Billing Services, LLC
Founded
Not yet provided Add it
Charter
Not yet provided Add it
Headquarters
Birmingham, Alabama
Service area
Serves US businesses; availability varies by program and state
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
porterfreightfunding.com
LinkedIn
Not yet provided Add it

Loan officers at this lender

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

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