Scottsdale-based freight factoring company, now part of Gulf Coast Bank & Trust, offering non-recourse factoring, fuel advances, an EFS fuel card and month-to-month contracts.
Services
Who it serves
Overview
Phoenix Capital Group, usually shortened to PCG, is a freight factoring company based in Scottsdale, Arizona. It buys freight invoices from trucking companies so they can get paid soon after a load delivers instead of waiting 30 days or longer for a broker or shipper to pay. Its website describes its mission as providing competitive freight factoring rates while delivering strong customer service.
The older domain phoenixcapitalgroup.com now forwards to pcgfactoring.com, which is the company's current site. PCG says on its About page that it is now part of Gulf Coast Bank & Trust Company, and a 2026 industry news release describes PCG as a division of that bank. The same release quotes Bryan Alsobrooks as President of PCG.
Compare with other Factoring providers: OTR Solutions, Apex Capital and RTS Financial, or see all Factoring.
Services
Freight factoring is the core service. PCG advances cash against delivered loads so carriers can cover fuel, payroll, insurance and repairs. Its FAQ explains both recourse and non-recourse factoring and says the company offers non-recourse terms, where PCG takes the loss if a customer does not pay because of bankruptcy or insolvency.
Fuel advances are available. According to the FAQ, a carrier sends the rate confirmation and bill of lading to its account manager after loading, and funds are sent once PCG verifies the freight is loaded. PCG also runs a private EFS fuel card program.
Other services for existing clients include equipment financing, described on the site as having low down payments and flexible schedules, and access to an online load board at PCGFactoringBoard.com at no extra cost. Clients also get online account access around the clock, with aging, collections and purchase reports, and they can request credit approvals or higher limits on new customers through the client website.
Who it is for
PCG's site is written for trucking companies of all sizes, from new authorities and single-truck owner-operators to established fleets. The FAQ says there are no minimum or maximum volume requirements, which makes it worth a look for small carriers that do not have steady monthly volume yet.
Carriers can choose which customers to factor rather than handing over every invoice, so it can also suit a carrier that only wants to factor slow-paying brokers. The site does not describe a factoring program for freight brokers, so brokers should ask directly before applying.
How working with them works
Prospects apply online, fill out a quote request form, or call a representative. Each client is assigned an account representative.
Once set up, carriers submit invoice copies by email or fax, with originals sent later only if a customer requires them. PCG's FAQ says paperwork received before the daily cutoff is funded the same day, with payment options that include wire transfer, loading funds to the fuel card, or next-day ACH.
On pricing, the site says PCG charges only the contracted factoring fee plus a fee that depends on the funding method chosen. It states there are no setup fees, no termination fees and no invoice processing fees, and that every client is on a month-to-month contract with no long-term commitment. Specific factoring rates and advance rates are not published on the website, so a carrier needs a quote to see real numbers.
Questions to ask before you sign
Ask exactly what the non-recourse coverage includes. PCG's FAQ ties non-recourse protection to customer bankruptcy or insolvency, so ask whether a broker that simply pays late, disputes a load or short-pays is covered, and what happens to invoices that pass the 60 to 90 day recourse window under a recourse agreement.
Ask for the advance rate and whether any reserve is held back until the customer pays. Get the factoring fee in writing as a percentage, and ask whether it changes with how long a broker takes to pay.
Ask for the full list of funding method fees, including the cost of a wire, a fuel card load and ACH, since PCG says the funding method fee is separate from the factoring fee.
Confirm the month-to-month terms: how much notice you must give to leave, how a buyout by another factor works, and whether a UCC lien stays in place after you stop factoring.
Ask how notice of assignment is handled with your brokers and shippers, and whether you must factor every load from a customer once you start factoring that customer.
Ask how quickly new customer credit requests are answered, what fuel advances cost, and the maximum fuel advance as a share of the linehaul rate.
Company background
PCG's website does not list a founding year or leadership team. A 2026 release on the Secured Finance Network site describes PCG as a transportation factor active for more than 25 years and a division of Gulf Coast Bank & Trust Company, and it reported that PCG had moved onto the XEN platform to speed up new client onboarding.
A case study published by Triumph described PCG's back office in detail. In that study, PCG reported processing about 3,500 invoices a day, with 20 to 25 employees working in Triumph's audit portal, and COO James Bacon was quoted about reducing overtime. These figures were supplied by PCG to the vendor and should be read as company-reported. The company's mailing address is in Scottsdale, Arizona, and its phone number is listed on its site.
Sources
Information compiled from public sources. Last verified November 2026. Confirm details directly with the company.
