RTS Financial provides factoring services known as accounts receivable financing to various industries. It is also known for its equipment leasing and fuel card programs. In this article, we cover RTS Financial reviews and pricing. Ready to get started? Get a quote.
Summary of Positive RTS Financial Reviews
As of February 2019, there are not many positive RTS Financial reviews online. However, most clients commended its excellent customer support. They also said that the company provides factoring tools which they require to make their business grow.
Summary of Negative RTS Financial Reviews
There are no up-to-date negative RTS Financial reviews online as of this writing. If you are a past or current RTS Financial client, leave a review to help other business owners who are deciding whether or not to apply to this company.
RTS Financial Pricing
RTS Financial pricing and rates are not readily available on its website. However, its site mentions that the company can advance as much as 97% of the invoice amount. There are also no minimum volume fees, automated clearing house fees, and invoice upload fees. Interested clients may contact RTS Financial’s sales team for more information on its services and rates.
Ready to get started with RTS Financial? Get a quote.
Top RTS Financial Pick From Fit Small Business
6 Best Invoice Factoring Companies 2018: With invoice factoring, your unpaid invoices are converted into immediate cash through an advance of 80 to 90 percent of the total amount owed. We reviewed invoice factoring companies to find the six best factoring companies. These companies are experienced at collecting payments for small businesses with some of the best advance and discount rates in the industry.
RTS Financial Features
Check out the list below of some of RTS Financial features:
- Same-day funding
- Fuel card program
- Mobile app for online invoices
- Live customer support
- Factoring software
- Trucking software
- Carrier pro
RTS Financial FAQs
What is RTS Financial’s fee structure?
This can vary depending on your industry and the factoring company involved. Some factors only charge a flat factoring fee, which is a percentage of the total invoice value. Other factors charge additional fees that cover money transfers, software, collateral and other costs of doing business.
How does RTS Financial’s contract work?
A long-term contract with a factoring company can be desirable if it includes a price break or flexible rates. Many factoring companies will adjust their rates based on increased factoring volume or competitive offers from other factors. The industry standard for most factoring agreements is a one-year contract. With most factors, that contract will automatically renew unless you give the company a 60- or 90-day notice.
RTS Financial Alternatives
Have you read these RTS Financial reviews and are still not sure if it’s the right fit for you? Read our reviews of all top invoice factoring companies or check out one of these three RTS Financial competitors.