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Transport Clearings East logo

Transport Clearings East

Listed
Factoring company for invoice factoring and working capital loansCharlotte, North CarolinaBased in North Carolina; service area not yet provided
BBLL 000518Listed Nov 2026From public recordsLast checked Nov 1, 2026
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About

Transport Clearings East is a member-owned freight factoring cooperative serving carriers, owner-operators, logistics firms and related businesses nationwide. It publishes no setup costs or monthly minimums and returns eligible profits through annual patronage dividends.

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 Transport Clearings East

Transport Clearings East is a member-owned freight factoring cooperative serving carriers, owner-operators, logistics firms and related businesses nationwide. It publishes no setup costs or monthly minimums and returns eligible profits through annual patronage dividends.

Direct freight factoring cooperative owned by member carriers.

Published by Levr, not by Transport Clearings East. 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.

Cooperative freight factoring

Pricing and minimums
Publishes rates starting under 2.20%, no setup costs and no monthly minimums; an individual account quote controls actual pricing.
Funding access
Invoices upload through a secure portal; funding can occur as soon as the next business day.
Cooperative economics
Describes annual patronage dividends from profits to members; membership gives an ownership stake.
Services and terms
Handles collections, provides online invoice/report/payment access, and advertises no long-term contracts.

Provider sources: Factoring program · Customers and contract overview

When it may fit

Our assessment of the published programs

  • Consider for a trucking business that wants invoice funding through a member-owned cooperative with no monthly volume requirement.

What to weigh carefully

  • A starting percentage is not an annualized rate; request the billing period and all account charges.
  • Dividend amounts and timing depend on the cooperative; they should not be treated as guaranteed cost reductions.

Questions before you accept an offer

  1. What membership contribution and eligibility requirements apply?
  2. Is the quoted factoring rate flat or time-based and what triggers extra charges?
  3. What recourse, notice, lien and termination rules apply?

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 carrier factoring and freight support.

Riviera Finance

Compare Riviera Finance for invoice purchase terms and collections support.

The lender

Type
Factoring company
Legal name
Not yet provided Add it
Founded
1958
Charter
Not yet provided Add it
Headquarters
Charlotte, North Carolina
Service area
Based in North Carolina; 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
tceast.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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