5 Largest Factoring Companies in the US

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1. Triumph Business Capital (NASDAQ: TBK)

Revenue: $311.9 M
Number of employees: 166
Minimum Rate Percentage: 1% to 4%
Maximum Account Receivable: $5 million

Topping the list of the 5 largest factoring companies in the world is Triumph Business Capital, a member of Bancorp and their rate starts from 1% and could go as high as 4%. Founded in 2004, Triumph Business Capital was formerly known as Advance Business Capital. Triumph Bancorp, on the other hand, is a reliable financial holding company with diversified financing services such as commercial finance and asset management activities. The Dallas-based company is reputable for factoring industries such as trucking, staffing, oil and gas, government contractors, and freight brokers. They are also popular for their invoice management; an easy access web portal and support from the Triumph Business Capital team.

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Note: We have amended the rankings to correctly reflect the revenue of Triumph Business Capital.

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