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Invoice Factoring

Riviera Finance: Top 3 Alternative Factoring Companies

To solve cash flow crunches and boost working capital, businesses are increasingly exploring cash flow solutions like invoice factoring. With so many options available—from Riviera Factoring to its alternatives—how do you choose the ideal fit for your unique business needs? The decision isn’t just about comparing fees and terms. It’s about partnering with a factoring company that complements your company’s specific requirements. This guide will help you make an informed decision among top factoring firms. 

Riviera Financing Review

Riviera Finance offers invoice factoring to businesses. (If you aren’t familiar with these terms, learn what invoice factoring is or find out how to choose between invoice factoring vs invoice financing.) 
Here’s a quick rundown on the key points to know to decide if Riviera Finance is right for you:

Services Offered:

  • Invoice Factoring: Immediate operating cash provided against your invoices.
  • FastCredit: Get automated credit approval for customers to check if Riviera Finance can factor a certain invoice.
  • Industries: Besides general factoring, they also offer specialized solutions for transportation, staffing, energy, oil & gas, and more.



  • Non-Recourse Factoring: They guarantee the credit of the invoices they factor, absorbing the loss if a customer can’t pay.
  • Tailored Agreements: Factoring agreements are customized to each business.
  • Local Offices: Managed by local offices, but businesses far from a physical location are still eligible.


Funding and Fees

  • Advance Rate: Up to 95% of the invoice value.
  • Funding Speed: As quickly as within 24 hours after invoice verification.
  • Fees: Businesses will have to contact Riviera Finance for a free quote. 


Application and Funding Process

  • Credit Services: Riviera provides online instant credit approvals.
  • Receivables Management: They handle all aspects of the accounts receivable process.


Stand-Out Features

  • Wide Industry Coverage: Offers services to various industries including renewables, telecom, and utilities.
  • Online Access: 24/7 access to account information through Riviera’s Online Account Management system.

Riviera Finance stands out as a solid player in the factoring industry, offering receivable management services and speedy 24-hr funding. With the added bonus of physical office locations across the U.S. and Canada, they bring a level of accessibility and personalized service that isn’t always a given. However, it’s important to remember that no one size fits all. We recommend reading Riviera Finance reviews, and assessing in detail whether they’re the right partner for your unique needs and circumstances.

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Riviera Financing Pros & Cons

Just like with other funding options for small businesses, there are pros and cons to Riviera Finance. Here are some things to consider when considering Riviera Financing for your funding needs. 

Pros of Riviera Financing

  • Broad Eligibility: Ideal for startups and small businesses, including those with little or no credit history. The service is also suitable for businesses with up to $2 million in monthly sales.
  • Competitive Fees and Maximum Cash Advances: No monthly minimums and competitive fees are part of the offering. The company boasts some of the highest cash advances in the industry, typically advancing up to 92% of the invoice value.
  • Non-payment Protection: Non-recourse factoring offers a layer of protection, as you’re not responsible if your client fails to pay the invoice or goes bankrupt.
  • Speed and Reliability: The funding process is quick, typically providing verified invoice funding within 24 hours. They have a dependable service with 125 employees at key locations for credit approval, invoice processing, and fund wiring.
  • Ease of Application Process: With a straightforward application process that takes between 4-7 working days for funding completion, and preliminary approvals available within 24-48 hours, getting started is quick and hassle-free.
  • Convenience and Accessibility: Riviera’s Online Account Management system, ROAM, provides 24/7 online access to your accounts. Their 21 locations also offer localized service during business hours.


Cons of Riviera Financing:

  • Unsuited for B2C Businesses: The company primarily serves B2B businesses, making it less suitable for companies operating in a B2C environment.
  • Factoring Fees Not Explicitly Listed: Although the advance rate is prominently displayed, the exact factoring fees are not specified, which might require businesses to reach out for a detailed quote.

What Are the Top Riviera Financing Competitors?

The business financing space is a competitive one, and there are lots of Riviera Financing alternatives and competitors. If you’re looking for the best partner to factor invoices, consider these other factoring companies

FundThrough: Our AI-powered platform makes boosting cash flow extremely fast and simple.

altLINE: Known for their flexible factoring services tailored to fit the specific needs of various industries.

Triumph Business Capital: Specializes in transportation factoring, offering fuel card programs, custom-tailored insurance and equipment financing solutions, and more.

eCapital: Offers specialized factoring and alternative financing solutions across multiple industries including transportation, staffing, healthcare, and wellness.

TCI Business Capital: Provides a comprehensive suite of value-added services—including credit analysis, treasury services, and fuel card discounts—tailored for businesses in many industries.

RTS Financial: Specializes in trucking factoring and offers fuel card savings, all-in-one fleet management software, and extends factoring services to other industries.

The Best Riviera Financing Alternatives

The best Riviera Financing alternatives are those that can meet the needs of your small business. It should have access to enough capital for your businesses needs, have a simple application process, and provide fast access to the working capital you need to meet the demands of your business.  

How We Evaluated the Best Riviera Financing Alternatives

When it came to evaluating the best Riviera Financing Alternatives, we looked at a few different things, including each company’s reputation, fee structure, credit requirements, and speed of funding. We also compared their invoice management features, accounting software integration, funding minimums and maximums, as well as their repayment terms. With all of that in mind, here are the 5 best Riviera Financing alternatives.

Why FundThrough

FundThrough is an AI-powered invoice funding platform that gives small business owners flexible access to working capital on their terms. This Riviera Financing alternative provides unlimited working capital based on the size of your outstanding customer accounts – your funding grows as you grow. 


  • AI-powered and automated platform: The FundThrough platform is designed with advanced AI and automation features, ensuring a quick and seamless funding experience for users.
  • Flexible funding options: FundThrough allows you to access funding whenever you need it, with no minimum funding volume required after your initial funding.
  • Streamlined funding process: Submitting an invoice for funding is as easy as a single click after the customer setup, simplifying the overall funding process.
  • No commitment after invoices are paid: Unlike some other factoring companies, FundThrough doesn’t require you to fund invoices for a certain amount of time or dollar amount. You have the freedom to fund only when you want to.
  • Easy application process: Get started and see if you’re qualified, then set up an account. No need for cumbersome paperwork.
  • 100% advance rates: We advance the full invoice total less our fee.
  • Transparent pricing: FundThrough follows a straightforward pricing structure, with a single up-front fee. For specific pricing details, please refer to our pricing page.
  • Take on growth projects: Get working capital to take on big projects that will grow your business.
  • Unlimited funding: You can get funding for as many invoices as you have for any amount.
  • Dedicated account support: When partnering with FundThrough, you can expect personalized support from your dedicated account manager, assisting you with every step of the funding process.
  • Accounting integrations: FundThrough offers integration with popular accounting software like QuickBooks and Enverus, allowing you to pull eligible invoices directly from your accounts.


  • Technology requirements
  • Limited to invoice factoring: FundThrough specializes in invoice factoring and does not offer invoice financing options.

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Why RTS Financial

RTS Financial is a Riviera Financing alternative that offers an integrated, easy-to-use solution for factoring, fuel discounts, and trucking software. While their main focus is on solutions for trucking companies, it also works with businesses in the distribution, staffing, oilfield, textile, and manufacturing industries. 

Funding Amounts

RTS Financial offers competitive advance rates. It does not publish its factoring fees on its website. There is no official limit to your maximum funding amount – it depends on your business.


  • Funding within 24 hours
  • No hidden fees, including no ACH fees and no invoice-uploading fees
  • Fuel card program
  • All-in-one mobile solution
  • Discounts for U.S. veterans


  • Fees not listed on website
  • Less than 100% advance rates
  • Cannot apply online, must speak with sales representative

Why RTS Financial

Unlike other factoring companies, altLine is a bank invoice factoring company, which has its perks. Since it provides a direct source of funds, there’s no middleman between you and the lender. This results in a lower overall cost to fund your invoices. Without those additional borrowing costs to worry about, altLine passes its savings on to customers. 

Funding Amounts

AltLINE can factor up to $4 million a month, advancing up to 90% of an invoice’s value. AltLINE invoice factoring fees range from 0.5-3% for the first 30 days. If your customer doesn’t pay within the first 30 days, the factor fee increases incrementally to a maximum of about 5%.


  • Easy approval
  • Competitive rates
  • 100% transparent
  • FDIC-insured
  • Easier transition to a bank loan


  • Must commit to factoring at least $15,000 per month 
  • Not available to every type of business
  • Some additional fees such as an initial filing fee/origination fee, wire fee, and others.

Final Thoughts on Riviera Finance Alternatives

As you’ve probably realized after researching invoice factoring services, every company has its advantages. If you’ve read Riviera Finance reviews, you’ll know that they’re a reliable choice for B2B small businesses seeking steady cash flow. There are plenty of great companies to choose from, but the right choice depends on your specific needs. For businesses managing large invoices, unlimited funding options like what FundThrough offers might be a priority. On the other hand, if customer defaults worry you, then a company with non-recourse factoring like Riviera Finance could be your match.

Invoice factoring is a consistent tool across providers, but small differences can have significant impacts on your business. For a deeper dive into managing cash flow in general, we recommend checking out the Ultimate Cash Flow Guide. Remember, choosing the right factoring company is about striking a balance between financial stability and growth potential.

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