Bobtail factoring: rates and terms
On rates, Bobtail's site says: typical industry 1.5%-3.5% per invoice (stated as general range, not Bobtail's rate). It doesn't say advance, recourse, minimums or 1 other term. Source: bobtail.com, pages read Oct 25, 2026.
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What Bobtail publishes
- Rate: published
- Advance: not published
- Recourse: not published
- Reserve: published
- Payout fees: published
- Contract term: published
- Leaving: published
- Minimums: not published
- Other fees: not published
Filled: stated on Bobtail's site. Dashed: not published on the pages we read.
Terms, in Bobtail's words
| Term | What the site says |
|---|---|
| Rate | typical industry 1.5%-3.5% per invoice (stated as general range, not Bobtail's rate)"A small factoring fee (usually 1.5%–3.5%) is charged per invoice." [1] source for typical industry 1.5%-3.5% per invoice (stated as general range, not Bobtail's rate): bobtail.com |
| Advance | not published |
| Recourse | not published |
| Reserve | no reserve requirements; single factoring rate"Bobtail’s contract is straightforward compared to most: no reserve requirements, no hidden fees, and a single transparent factoring rate." [1] source for no reserve requirements; single factoring rate: bobtail.com |
| Payout fees | same-day if submitted by 11 AM EST Mon-Fri"Submit your invoices before 11 AM EST Monday through Friday and you will receive funding the same day by 6 PM EST in your bank account." [1] source for same-day if submitted by 11 AM EST Mon-Fri: bobtail.com |
| Contract term | 90-day trial, then long-term contract"After a 90-day trial period, Bobtail moves you into a long-term contract." [1] source for 90-day trial, then long-term contract: bobtail.com |
| Leaving | cancel any time in first 90 days without penalty"You can cancel any time in the first 90 days without penalty." [1] source for cancel any time in first 90 days without penalty: bobtail.com |
| Minimums | not published |
| Other fees | not published |
| Fuel program | not published |
| Credit checks | broker/shipper credit checks in app"Bobtail runs a credit check on every broker & shipper to ensure timely payment." [1] source for broker/shipper credit checks in app: bobtail.com |
| Referral program | $500 credit when referred carrier factors $20,000"Once someone you referred to Bobtail factors $20,000 , we’ll approve your referral and credit your account with $500 ." [1] source for $500 credit when referred carrier factors $20,000: bobtail.com |
| Affiliate program | affiliate rewards after $20,000 factored (amount not published)"A referral will be considered “approved” once the referred contact factors at least $20,000 with Bobtail." [1] source for affiliate rewards after $20,000 factored (amount not published): bobtail.com |
| Reviews | not published |
Values are Bobtail's marketing claims, quoted from its pages; the contract you sign governs. Pages read: bobtail.com/factoring/, bobtail.com/faqs-factoring/, bobtail.com/bobtail-factoring-affiliates/, bobtail.com/referral-program-terms/, bobtail.com/bobtail-zero-e-sign-agreement/.
Does Bobtail factor for new authorities?
"Many factoring companies work with new authorities and startups, as long as your customers (brokers/shippers) have strong credit profiles."
bobtail.com
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We have no paid relationship with any company on this page. Bobtail runs a referral or affiliate program (listed above); we are not enrolled in it. Corrections: tell us.
Questions
What are Bobtail's factoring rates?
Bobtail's site says: typical industry 1.5%-3.5% per invoice (stated as general range, not Bobtail's rate). It doesn't give a percentage we could use in the calculator.
Does Bobtail work with new authorities?
Its site says: "Many factoring companies work with new authorities and startups, as long as your customers (brokers/shippers) have strong credit profiles." None of the pages we read gives a minimum authority age.
Does Bobtail require a long-term contract?
Bobtail's site says: 90-day trial, then long-term contract. The signed agreement sets the term you are held to.
Is Bobtail recourse or non-recourse?
Bobtail's site doesn't say whether it's recourse or non-recourse on the pages we read.
How do I stop factoring with Bobtail?
Bobtail's site says: cancel any time in first 90 days without penalty. The notice period and any termination fee are in your signed agreement. How to get out of a factoring contract.