Based in Lenexa, Kansas City, RTS Financial is basically a factoring solution company. This major financial service, founded in 1995, is also known as ‘accounts receivable financing’. RTS Financial started out with the truck financing, later including industries such as staffing, oilfield services, textiles, manufacturing, and business services. Outside the US, the company expanded factoring under the label RTS International in 2004. Other services that the company provides are equipment leasing, freight broker credit report and fuel card program.
Programs related to tax service, tires, lodging, and maintenance are provided with a discount rate. As an aid to truck drivers, the company had launched a mobile application and web browser titled ‘CarrierPro’ in 2013. The fees incurred are not hidden, along with the absence of Automated Clearing House (ACH). Fees are not required for invoice uploads either. The lines of credit service per week for trucks is $2500.
Trustpilot ranked this company 302nd in April 2019, out of the total 348 non-bank finance companies it had listed. Moreover, its TrustScore is 7.3 out of 10. Though RTS Financial is not accredited by Better Business Bureau (BBB), it is rated an A-.