Dallas-based Triumph, part of Nasdaq-listed Triumph Financial, offers carrier factoring with no minimums or reserves, non-recourse options and payment in minutes to a LoadPay account.
Services
Who it serves
Overview
Triumph is a transportation finance and payments company headquartered in Dallas, Texas. It is part of Triumph Financial, which trades on Nasdaq under the ticker TFIN. In 2025 the company brought its factoring, payments, banking and intelligence businesses under the single Triumph brand. Carriers may know its factoring business by its earlier name, Triumph Business Capital.
For trucking companies, Triumph's main offer is freight factoring tied to an automated approval platform, with eligible invoices paid in minutes to a LoadPay account. For brokers, it points to a supply chain finance and carrier payments product.
Compare with other Factoring providers: Porter Freight Funding, Riviera Finance and Bobtail, or see all Factoring.
Services
Triumph's carrier factoring advertises no minimums and no reserves, and carriers choose which loads and brokers to factor. Non-recourse contracts are available, and the factoring page says Triumph takes the risk on approved brokers.
Invoices are reviewed by Triumph's decision platform. The company says eligibility decisions take about 90 seconds on average, with a median of 23 seconds, and that eligible invoices are typically paid within minutes to a LoadPay debit account, any time of day including weekends and holidays. Transfers from LoadPay to an outside bank can take up to five business days, and LoadPay has no wire fees.
Carriers can run broker credit checks 24/7 to see which loads are preapproved before hauling. Triumph also lists back-office services, reporting, a fuel discount program with fuel cards provided by TransConnect Services subject to approval, insurance with the down payment split into monthly payments, and a referral bonus. Triumph reports average fuel savings of 49 cents per gallon for its third quarter 2026 transactions.
On the payments side, Triumph runs a payments network that connects freight brokers, carriers and factors. It grew out of TriumphPay, launched in 2019, and TriumphPay's 2021 acquisition of HubTran.
Who it is for
Triumph says its carrier factoring serves operators with a few trucks up to fleets with 500 or more. Because approval looks at the credit of the carrier's customers, carriers with limited or poor credit history may still qualify.
Carriers who want fast, automated decisions and digital payment, and who are comfortable using a LoadPay account, are the clearest fit. Freight brokers looking for working capital or a carrier payment system would look at Triumph's supply chain finance product instead. Carriers who prefer to be paid by traditional bank wire or ACH, rather than into a LoadPay account first, should ask how transfers to an outside bank work and how long they take.
How working with them works
Carriers apply through the Factoring and LoadPay application or the Get Started form. Once set up, they submit paperwork and invoices through the Triumph portal. Qualifying invoices are approved automatically and paid within minutes.
Triumph does not publish rates. Its pages say pricing depends on load amount and volume, that pricing is transparent and that rates do not change without notice. The site does not publish an advance rate or contract length.
Questions to ask before you sign
Ask which brokers count as approved for non-recourse coverage, which events are covered, and what happens to an invoice from a broker that is not approved.
Ask for your advance rate and factoring rate in writing. Triumph advertises no reserves, so confirm whether you receive the full invoice amount less the fee, and how the fee is calculated.
Ask for every possible charge, including fees for moving money out of LoadPay, any charges for invoices that need manual review, and fuel card fees.
Ask the contract length, renewal terms, the notice period to leave and whether any early termination fee applies.
Ask how notice of assignment is handled with your brokers, and whether choosing which brokers to factor means you can bill some brokers directly with no penalty.
Ask whether fuel advances are available at pickup, since the factoring page does not mention them, and how fuel card approval works.
Company background
Triumph's About page traces its history to 2010, when Aaron P. Graft and investors acquired EJ Financial and its bank and renamed them Triumph Bancorp and Triumph Savings Bank. Triumph bought Advance Business Capital, a factoring company, in 2012 and listed on Nasdaq in 2014. It acquired Interstate Capital Corporation, another factoring firm, in 2018. TriumphPay launched in 2019, bought HubTran in 2021, and the parent took the name Triumph Financial in 2022. In 2025 Triumph acquired Greenscreens and unified its brands.
The About page reports about $6 billion in assets and 1,556 team members as of 2024. Its headquarters is on Park Central Drive in Dallas.
Sources
Information compiled from public sources. Last verified November 2026. Confirm details directly with the company.
