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Triumph Business Capital

Bank-backed factoring company. Generally more transparent but can be rigid on terms.

3.7/5156 reports

True Average Rate

3.6%

What you actually pay

Advertised Rate

2%-3.5%

What they tell you

Monthly Cost (est.)

$579

On $50K in invoices

Hidden Fee Score

4/10

Few hidden fees

Contract

6 months

Type

both

Termination

$200 flat fee

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

2.5%100% of users report this

Funding Fees

ACH Transfer Fee

Low ACH fee

$1.5080% of users report this

Wire Transfer Fee

Wire transfer fee

$12.0045% of users report this

Monthly/Recurring Fees

Monthly Minimum Fee

Low monthly minimum

$5060% of users report this

Penalty & Exit Fees

Early Termination Fee

Flat termination fee

$20070% of users report this

Other Fees

Credit Check Fee

Reasonable credit check fee

$2.0050% of users report this

True Monthly Cost Calculation

Based on 15 invoices/month at $1,200 avg ($18K/month total)

Base factoring fee$450
Additional fees$129
Total monthly cost$579
Effective true rate3.2%

Red Flags

  • Bank-owned means less flexibility on rate negotiation
  • Non-recourse option adds 1.5% to base rate

3 cheaper options found

1
BasicBlock2.4%
Save ~$216/moMonth-to-month
bothLow hidden fees
2
Bobtail2.6%
Save ~$180/moMonth-to-month
non-recourseLow hidden fees
3
OTR Solutions3.2%
Save ~$72/moMonth-to-month
bothLow hidden fees

Rankings are data-driven, not sponsored. Based on community-reported rates on $50K/mo.

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