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Apex Capital vs RTS Financial: Non-Recourse Factoring

80Very Good

Apex Capital

Average Score

VS
82Very Good

RTS Financial

Average Score

Winner: Apex Capital

Category Breakdown

Non-Recourse Terms

Apex Capital wins
Apex Capital82
RTS Financial78

Apex offers true non-recourse factoring where they absorb the loss if the broker does not pay. RTS offers non-recourse but with more exceptions and conditions in the fine print. Read both contracts carefully — 'non-recourse' does not always mean the same thing.

Factoring Rate

Apex Capital wins
Apex Capital80
RTS Financial78

Both companies offer competitive rates in the 2-5% range. Apex's tiered pricing rewards high-volume carriers with lower rates. RTS offers transparent flat-rate options that are easier to predict.

Fuel Card Program

RTS Financial wins
Apex Capital78
RTS Financial90

RTS Financial's fuel card program is one of the best in the industry, with genuine per-gallon discounts at major chains. Apex offers a fuel card but the discounts are less competitive. For carriers who fuel heavily, RTS's fuel card can offset the factoring cost.

Broker Credit Checks

Apex Capital wins
Apex Capital85
RTS Financial82

Both companies provide free broker credit checks, which are essential for avoiding non-paying brokers. Apex's database is slightly larger due to their longer time in the market, but both are reliable.

Contract Terms

RTS Financial wins
Apex Capital75
RTS Financial80

RTS offers more flexible contract terms with shorter minimum commitments. Apex's contracts can be longer-term with higher early termination fees. For carriers who want flexibility, RTS is less restrictive.

Score Summary

CategoryApex CapitalRTS FinancialLeader
Non-Recourse Terms8278Apex Capital
Factoring Rate8078Apex Capital
Fuel Card Program7890RTS Financial
Broker Credit Checks8582Apex Capital
Contract Terms7580RTS Financial
Overall Average8082RTS Financial

Our Verdict

Apex Capital edges out RTS on true non-recourse protection and broker credit check depth, which are the most critical factors for carriers worried about getting burned by non-paying brokers. Their non-recourse terms are cleaner with fewer exceptions.

RTS Financial is the better choice if fuel savings are a priority — their fuel card program is genuinely superior and can save hundreds of dollars monthly for heavy fuelers. Their more flexible contract terms also appeal to carriers who do not want long-term commitments.

Both are top-tier factoring companies used by thousands of carriers. You will not go wrong with either choice.

Frequently Asked Questions

True non-recourse means the factoring company eats the loss if the broker cannot pay. However, most non-recourse agreements have exceptions — fraud, disputes, invalid invoices, etc. Always read the contract to understand exactly what is and is not covered.
Yes, but check your contract for minimum commitment periods and termination fees. Most carriers can switch after their initial contract term expires. Both companies will assist with the transition process.
Both accept new authorities, but RTS may be slightly more welcoming to brand-new carriers with their simpler approval process. Apex may require a bit more documentation for new authorities but offers strong mentoring support.

Need Help Choosing?

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Published March 24, 2026