Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our opinions or reviews. Learn how we make money.

Triumph Business Capital review

Last updated:  

Free up working capital with an advance on up to 100% of your unpaid invoices.

When the only thing holding back your business is unpaid invoices, factoring could be the working capital solution you’re looking for. In business for 25 years, Triumph Business Capital offers several factoring programs for a wide range of industries, from staffing companies to consultants.


Min. Amount


Product NameTriumph Business Capital invoice factoring advances
Min. Amount$8,000
RequirementsBusiness in good standing with no existing tax liens

First, do I qualify?

Eligibility requirements vary by program. Typically, your business must:

  • Be in good financial standing.
  • Have no federal tax liens.

What is Triumph Business Capital?

Triumph Business Capital is a factoring company that offers invoice factoring to small, midsize and large businesses. It works by buying a company’s unpaid invoices in exchange for a fee.

While Triumph Business Capital offers factoring by industry, it does so through two main options: full advance or reserve advance. Depending on your company, you may also pay interest based on the Wall Street Journal prime rate.

Full advance program

Select industries are eligible a full advance. Here, your business gets up to 100% of the value of its unpaid invoices for a fixed fee.

Flat rates vary depending on the value of your invoices:

$100,000 and upUp to 2.5%

Reserve advance option

Other industries are eligible for a partial advance of 75% to 90% of the value of their invoices. If your business factors invoices worth $100,000 or more, you might be eligible for a 95% advance.

This program comes with incremental rather than fixed fees. Fees apply every 10 days your customers take to satisfy their invoices.

Fees depend on the total value of your business’s invoices:

$100,000 and up0.49%

What makes Triumph Business Capital unique?

Triumph Business Capital is backed by more than two decades of invoice-factoring experience.

But it stands out with unique programs designed for a broad range of industries that include:

  • Maintenance services
  • Pallet companies
  • Distributors
  • Oilfield services
  • Importers and exporters
  • Machine shops
  • Janitorial companies
  • Government contractors
  • Food services
  • Food manufacturers, distributors and importers
  • Apparel businesses

What are the benefits of using Triumph Business Capital?

  • Fixed and tiered fees. Depending on your industry and business, you can find both fixed rates and flexible fees.
  • Serves range of industries. Triumph Business Capital supports 22 industry-specific programs tailored to your business type.
  • Up to 100% advance. If your industry is eligible for a fixed rate, you might get up to 100% of your invoices’ value up front.
  • No maximum amount. Factor as much as you need to with Triumph Business Capital.

What to watch out for

  • Expensive compared to alternatives. Depending on your creditworthiness, you might find a cheaper option through more traditional business financing.
  • Not ideal for emergencies. It can take a couple of business days for a response after you’ve submitted your paperwork — which itself can take time to put together.
  • Not much information online. You’ll likely need to reach out to Triumph Business Capital for details on how your industry’s program works.

Compare more business loans

Data indicated here is updated regularly
Name Product Filter Values Loan amount APR Requirements
First Down Funding business loans
$5,000 – $300,000
Fee Based
At least 1 year in business, an annual revenue of $100,000+, and a minimum credit score of 400
Alternative financing up to $300K with highly competitive rates.
Lendio business loans
$500 – $5,000,000
Starting at 6%
Operate business in US or Canada, have a business bank account, 560+ personal credit score
Submit one simple application to potentially get offers from a network of over 300 legit business lenders.
ROK Financial business loans
$10,000 – $5,000,000
Eligibility criteria 3+ months in business, $15,000+ in monthly gross sales or $180,000+ in annual sales
A connection service for all types of businesses — even startups.
OnDeck small business loans
$5,000 – $250,000
As low as 9.99%
600+ personal credit score, 1 year in business, $100,000+ annual revenue
A leading online business lender offering flexible financing at competitive fixed rates.
Rapid Finance small business loans
$5,000 – $1,000,000
Fee based
Steady flow of credit card sales, bad credit OK
Fundbox business loans
$1,000 – $100,000
You must have an established business.
Get flat rate, short-term financing based on the financial health of your business, not your credit score.
Kickpay e-commerce business loans
$20,000 – $1,000,000
Not applicable
At least $250,000 in the past 12 months of revenue, e-commerce business, use a 3rd party fulfillment center for storing and shipping inventory, at least one US location.
Get a loan for your e-commerce business based on your sales history.
Fundera business loans
$2,500 – $5,000,000
7% to 30%
$300,000+ of annual revenue, 680+ personal credit score, in business for 3+ years
Get connected with short-term funding, SBA loans, lines of credit and more.
LendingClub business loans
$5,000 – $500,000
12.15% to 29.97%
12+ months in business, $50,000+ in annual sales, no bankruptcies or tax liens, at least 20% ownership of the business, fair personal credit score or better
With loan terms that vary from 12 to 60 months, enjoy fixed monthly payments and no prepayment penalties through this award-winning lender.
Monevo business loans
$500 – $100,000
3.99% to 35.99%
Credit score of 500+, legal US resident and ages 18+.
Use this connection service to get paired with a loan you can use for business.

Compare up to 4 providers

What does the Internet say about Triumph Business Capital?

As of September 2018, customer reviews are generally positive. More than 90% of the reviews on Triumph Business Capital’s Better Business Bureau (BBB) page are positive, with only one person filing a complaint against the business. It also earns an A+ rating from the BBB based on factors like time in business and transparency, rather than customer reviews.

It doesn’t do quite as well on Trustpilot, scoring an 8.4 out of 10 based on 44 reviews. But only 2% of reviewers consider their experience “bad.” Many of the customers who left glowing reviews said they’d worked with Triumph Business Capital for years and loved the professional customer service. A few customers had trouble setting up their account, however, and one person felt they weren’t properly informed of disclaimers before they signed up.

How do I apply?

Factoring is one of the more involved forms of business financing, and Triumph Business Capital takes a hands-on approach with its customers. Prepare to wait a few business days before you get your funds.


Before getting started, make sure your business is eligible for the program it’s applying for. Most programs require your business to be in good financial standing with no tax liens.

If your business does have a tax lien, you might be eligible for a loan if Triumph Business Capital can get a subordinate agreement from the IRS.

Steps to apply

  1. Go to the Triumph Business Capital website.
  2. Complete the form under Quick Funding Estimate with your contact information and basics about your business. Click Get Your Free Instant Quote.
  3. Select your average invoice size, and click Continue.
  4. Select the average number of days it takes for a client to fill an invoice. Click Continue.
  5. Select the amount you billed your clients last month, and click Continue.
  6. Select the range you expect your clients to bill you this month. Click Continue.
  7. Pick the portion of your monthly receivables you’re interested in factoring, and click Continue one last time.
  8. Either view your potential offer or follow the directions to get in touch with a representative to go over the details of your business and discuss your options.
  9. Set up a consultation with a specialist, and follow their directions to compete your application and submit paperwork.
  10. Wait for Triumph Business Capital to contact you with a response, typically one or two business days after you’ve submitted your paperwork. If you’re approved, you may see your advance on the same business day.

How to apply step-by-step with screenshots

What documents do I need to apply?

The documents you need vary widely by program. Typically, factoring companies want to see an accounts receivable and payable aging report, which lists your business’s unpaid invoices and when they’re due.

Some factoring companies also want to see business bank statements and tax returns to get an idea of your business’s financial state.

I factored my invoices with Triumph Business Capital. Now what?

There’s not much you need to do for this month. After you’ve received your advance, Triumph Business Capital contacts your clients with instructions on how to pay the invoice.

If your business signs up for the reserve advance program, the factor fee adds up until your clients satisfy their invoices. After all invoices are filled, your business gets the rest of its invoices’ value less the factor fee.

In the meantime, you can keep track of invoice payments by logging in to your online account. Reach out to customer service at 888-978-2103 with any questions about the process.

Bottom line

Triumph Business Capital offers a wide range of invoice factoring programs designed to fit your business type. But like other factoring companies, it’s not the cheapest financing option or ideal for emergency expenses.

To learn about your other business loan options and compare lenders, read our guide to business loans.

Frequently asked questions

Image Source: Shutterstock and

Ask an expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use and Privacy and Cookies Policy.
Go to site