RTS Financial
Large factoring company with fuel card integration. Owned by a major industry player.
True Average Rate
4.5%
What you actually pay
Advertised Rate
1.5%-4%
What they tell you
Monthly Cost (est.)
$1,729.8
On $50K in invoices
Hidden Fee Score
7/10
Some hidden fees
Contract
12 months
Type
recourse
Termination
$350 + 3% of average monthly volume
Complete Fee Breakdown
Based on publicly available data. Upload a contract to improve accuracy.
Base Factoring Fee
Base Factoring Rate
Flat rate on each invoice factored
Per-Invoice Fees
Invoice Processing Fee
Charged per invoice submitted
Funding Fees
ACH Transfer Fee
Fee for each ACH bank transfer
Wire Transfer Fee
Fee for wire transfers
Monthly/Recurring Fees
Monthly Minimum Fee
Minimum monthly volume charge
Fuel Card Fee
Monthly fuel card maintenance fee
Penalty & Exit Fees
Early Termination Fee
Complex termination calculation
Other Fees
Credit Check Fee
Per-broker credit check fee
Reserve Hold
High reserve percentage held back
True Monthly Cost Calculation
Based on 15 invoices/month at $1,200 avg ($18K/month total)
Red Flags
- Complex early termination formula based on monthly volume
- High reserve hold of 5% with slow release timeline
- Fuel card fee charged even if you don't use their card
- Monthly minimum of $20,000 in factored invoices
- Rate escalation clause after 6 months
3 cheaper options found
Rankings are data-driven, not sponsored. Based on community-reported rates on $50K/mo.
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