Invoice Factoring

Small Business

Top 5 Best Riviera Financing Alternatives & Competitors

riviera financing alternatives; scale weighing options

When it comes to securing funding for your business, there are numerous options available. There’s small business grants and small business loans, business line of credits and business credit cards, in addition to investor funding such as angel investors and partnerships. One popular funding source many small businesses leverage is Riviera Finance. It offers invoice factoring and financing services to small business owners. But it’s not the only player in the invoice funding space – there are a wide range of Riviera Financing alternatives you should consider in order to make the best decision for the unique needs of your business.

Riviera Financing Review

Riviera Financing offers invoice financing and factoring to businesses. If you aren’t familiar with what invoice factoring is, this blog post breaks it down. Not sure which is right for you? Find out how to choose between invoice factoring vs invoice financing.

Many businesses turn to Riviera Finance as it works with different types of businesses across a variety of industries, including transportation, staffing, energy, oil & gas companies, telecommunications, utilities, and more. Riviera Finance offers financing services to most B2B businesses, regardless of how long they’ve been in business or their monthly revenue. 

Factoring agreements are tailored to each business, and are managed by local offices. However, even businesses that aren’t close to a physical office are still eligible for Riviera Finance.

Unlike many other factoring companies, Riviera Finance’s offering includes non-recourse factoring – which means you aren’t on the hook in the unlikely event your customer doesn’t pay their invoice or goes bankrupt. In addition to offering non-recourse factoring services for companies, Riviera also has competitive discount rates, minimal additional fees, and flexible contract options.

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

  • Ideal for startups and small businesses with little credit history
  • No credit score requirements
  • Flexible financing options
  • No monthly minimums, competitive fees
  • Bankruptcy protection via non-recourse factoring
  • Ease of application process


Cons of Riviera Financing

  • Unsuited for B2C businesses
  • Not inexpensive
  • Advance amounts listed on site but not factoring fees

Funding Amounts

Riviera Financing has a credit facility size of $5K – $2M, and provides an advance rate of up to 95%. Their discount rate typically starts at 2%, and there is an early termination fee.

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. Riviera Finance’s top competitors include: BlueVine; altLINE; Payplant; Triumph Business Capital, eCapital, TCI Business Capital; RTS Financial, and FundBox, among others.

What Are 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. FundThrough offers amazing customer service – with the highest customer satisfaction rate in the industry, and works with businesses across North America.

Funding Amounts

FundThrough’s AI-powered Invoice Factoring solutions provides an unlimited funding amount.


  • Unlimited funding based on the size of your invoices
  • 100% advance rates, minus a single fee. One up front price with competitive terms
  • Receive funding for outstanding invoices within days
  • Leverage artificial intelligence to make fast funding decisions
  • Highly reviewed support team, and a partner in your success
  • Flexible access to cash. Fund any invoice to any customer you want


  • Technology requirements

Why BlueVine

BlueVine is a Riviera Financing alternative that offers revolving lines of credit to small and medium-sized businesses, with the right credit limit for your business size at any stage. Applications are done online, with a decision given in as little as 5 minutes, depending on your financial situation. Many businesses like the option of only drawing funds as they need and only paying for what they use.

Funding Amounts

BlueVine provides credit lines up to $250,000, with rates as low as 4.8%.


  • On demand funds
  • Access to revolving credit
  • Only pay for what you use
  • No monthly fees


  • Credit history and 625+ FICO score required 
  • Fixed monthly or weekly payments over 6 or 12 months
  • Minimum $10,000 in monthly revenue and 6+ months in business

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 will advance up to 97% of the total amount of your invoice. Unfortunately, it does not publish its factoring fees on its website, and the customer support representatives we spoke to would not share rates without an application. 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


  • No fee transparency
  • Do not give full invoice value
  • Cannot apply online, must speak with sales representative

Why altLINE

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
  • Long-term contract required
  • Some additional fees
  • Slower timeline

Why Fundbox

Fundbox is a Riviera Financing alternative for businesses that used to offer business invoice factoring to companies, but is now focused on its revolving line of credit and term business loans. These can be a convenient source of alternative funding for small businesses.

Funding Amounts

The Fundbox revolving line of credit is available up to $150,000. The good news is that an application will not impact your credit score. Line of credit rates are 4.66% of the amount drawn for 12 week terms and 8.99% for 24 week terms.


  • Financing available within one business day after approval
  • Simple application process
  • No prepayment penalties, account maintenance fees, or inactivity fees
  • Startup-friendly, just 6 months business history required


  • High term loan fees – 8.33% for 24 week terms and 18% for 52 week terms 
  • Must have $100,000+ in annual revenue and 600+ personal FICO score

Final Thoughts on Riviera Financing Alternatives

Overall, Riviera Finance is a solid choice for many B2B small businesses looking to improve their daily cash flow needs with invoice factoring. Its flexible funding options are suitable for different types of businesses in a variety of industries. That said, if you’re interested in comparing your options, there are a wide variety of Riviera Financing alternatives available. 

Regardless of what funding company you choose for your business, invoice factoring is an effective alternative lending solution to help you get paid for your invoices now. If you have further questions about factoring, our Complete Invoice Factoring Guide has the answers.

We’ve found that when businesses have improved cash flow, they’re freed from a huge hurdle keeping them from growth, and they no longer worry about having enough cash to keep their business running – even if they have enough money in accounts receivable. Having peace of mind about their cash flow situation while being able to grow their business is why so many successful business owners take advantage of invoice factoring.

Interested in Funding an Invoice With FundThrough?

If you’re ready to factor an invoice, or just want to have the option in your back pocket, see if you qualify for our innovative invoice funding solution today.

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