By Ashley Robinson A transportation company delivers a valuable shipment on Monday but may not receive payment for another 60 days. Meanwhile, fuel bills, salaries and insurance premiums are due this week. This is the cash-flow gap that invoice factoring companies are designed to solve.
A factoring company purchases eligible unpaid business invoices and provides an immediate cash advance. Once the customer pays, the business receives the remaining balance after the agreed fees are deducted. For Florida’s trucking, staffing, construction, manufacturing and wholesale businesses, this can be a practical alternative to waiting for a conventional bank loan.
Based on market experience, Florida presence, available services and industry coverage, here are five prominent factoring companies serving Florida businesses in 2026.
1. eCapital
- Headquarters: Miami, Florida
- Best suited for: Established and middle-market companies
- Major industries: Transportation, staffing, healthcare, manufacturing and consumer goods
eCapital is one of the largest specialty finance companies headquartered in Florida. Its size, technology and broad range of financial products make it suitable for companies needing more than basic invoice factoring.
The company provides invoice factoring, freight factoring, payroll funding, accounts-receivable financing, healthcare receivables finance and asset-based lending. This allows a growing company to move into a larger financing arrangement without necessarily changing providers.
Its digital systems are particularly valuable for transportation businesses that must submit invoices, check account information and request funding quickly. However, smaller businesses should examine the minimum requirements and full fee structure because eCapital’s broader facilities may be better suited to companies with regular invoice volume.
2. Riviera Finance
- Headquarters: Redondo Beach, California
- Florida offices: Miami and Tampa
- Best suited for: Businesses seeking non-recourse factoring
- Major industries: Staffing, transportation, telecom, energy, manufacturing and business services
Riviera Finance has operated since 1969 and serves more than 2,000 clients through offices across the United States and Canada. Its Florida offices provide local assistance to businesses in Miami, Tampa and surrounding markets.
The company is best known for full-service, non-recourse factoring. Under this arrangement, Riviera assumes certain credit risks when an approved customer becomes insolvent or bankrupt. It does not mean the business is protected from every dispute, return or service-related problem, so the contract conditions remain important.
Riviera also handles credit checks, invoice processing, collections and receivables management. Once an account is established and an invoice is approved, funding may be available within 24 hours.
3. Summar Financial
- Headquarters: Miami, Florida
- Best suited for: Freight carriers and growing B2B companies
- Major industries: Trucking, staffing, construction, manufacturing and distribution
Summar Financial is a strong replacement for Viva Capital because it has genuine Florida roots and more than 20 years of factoring experience. The company offers freight factoring, general invoice factoring, payroll funding, international factoring and supply-chain finance.
Its freight program includes same-day funding and non-recourse options. Trucking customers can also access fuel-card and transportation-management services, making Summar especially useful for owner-operators and expanding fleets.
For general invoice factoring, the company advertises advances of up to 90%, funding within 24 hours and facilities ranging from approximately $500,000 to $15 million. Actual terms depend on invoice quality, customer creditworthiness, sales volume and payment periods.
Summar is also a sensible option for Florida companies involved in international commerce, particularly businesses selling to customers in the United States and Latin America.
4. 1st Commercial Credit
- Headquarters: Austin, Texas
- Florida presence: Serves Miami, Orlando, Tampa, Jacksonville and Fort Lauderdale
- Best suited for: Staffing, trucking, manufacturing and import-export companies
Despite describing itself as a Florida factoring provider on its regional pages, 1st Commercial Credit is headquartered in Austin. It nevertheless serves businesses throughout Florida and maintains a Miami sales presence.
The company offers invoice factoring, accounts-receivable financing, purchase-order financing, asset-based lending and import-export finance. Published facilities start around $10,000 and can reach $10 million, making the company accessible to both smaller businesses and larger staffing operations.
A notable feature is its advertised setup period of three to five working days. It also promotes rates from 0.69% to 1.59% for certain arrangements. These figures should not be treated as guaranteed prices because the final cost depends on the industry, invoice amount, customer risk and time required for payment.
5. Capital Funding Solutions
- Headquarters: Hollywood, Florida
- Best suited for: Start-ups and small to midsized businesses
- Major industries: Staffing, government contracting, manufacturing, transportation and business services
Capital Funding Solutions, commonly called CFS, is a Florida-based commercial finance company offering invoice factoring, purchase-order financing, supplier guarantees and asset-based funding.
Its flexible approach makes it worth considering for start-ups and companies that may not meet a bank’s operating-history or credit requirements. The company publishes programs covering relatively small invoices as well as multimillion-dollar factoring facilities.
CFS can also assist businesses that have secured large business-to-business or government contracts but lack the working capital required to purchase materials, pay suppliers or complete delivery.
How to Select a Factoring Company
Before signing an agreement, compare more than the advertised advance rate. Business owners should check:
- Whether the agreement is recourse or non-recourse
- The factoring fee and how frequently it increases
- Contract length and termination charges
- Monthly minimum-volume requirements
- Credit-check, wire-transfer and account-management fees
- Whether every invoice must be factored
- How the company communicates with customers
Conclusion
eCapital is the strongest broad financing provider, while Riviera Finance stands out for established non-recourse factoring. Summar Financial is particularly attractive for trucking and international businesses. 1st Commercial Credit offers wide industry coverage, and Capital Funding Solutions provides flexible Florida-based assistance.
The lowest advertised fee is not automatically the best deal. A transparent contract, dependable funding and experience in the company’s particular industry are usually more important over the long term.