OperFi
OperFi is a veteran-owned transportation factoring company that purchases accounts receivables from small trucking carriers and freight brokers, providing same-day working capital and back-office support to grow owner-operators into bank-financing-eligible fleets.
- Company typePrivate
- Founded2019
- HeadquartersCedar Hill, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What OperFi does
OperFi (legal name: Operation Finance Inc.) is a privately held, veteran-owned transportation factoring company founded in 2019 and headquartered at 610 Uptown Blvd., Suite 2000, Cedar Hill, Texas. The company purchases accounts receivables from small trucking carriers and freight brokers at discounted rates of 1.5-6% per invoice, providing same-day working capital in a market where shippers typically pay on 30-90 day terms. Its stated mission is to grow 1-3 truck owner-operators into 15-20 truck operations eligible for traditional bank financing, positioning factoring as a stepping stone rather than a permanent financing solution.
The technology platform is a conventional transaction-processing stack: a web-based Broker Portal (brokerhub.operfi.com) for freight brokers, a Carrier Portal (portal.operfi.com) for invoice submission and payment tracking, and the OperFi IQ mobile application on iOS and Android. No APIs, SDKs, proprietary AI/ML models, or patents are disclosed. The product suite extends beyond core factoring into broker factoring, fuel cards, tank payments (for hazmat/liquid transport), insurance quote referrals, back-office billing and collections, a free Trucking Breakeven Calculator, and the OperFi Training Academy on a third-party learning platform.
Revenue is generated through three streams: transaction fees on purchased invoices (1.5-6%), tiered annual subscriptions ($0/$250/$500 for Basic/Premium/Platinum), and referral/affiliate revenue from a partner network spanning insurance, dispatch, compliance, ELD, equipment financing, legal, and accounting vendors. The go-to-market is consultative and community-led, leveraging direct sales, veteran organization partnerships (Gary Sinise Foundation, Oscar Mike Foundation, America's Mighty Warriors), an extensive blog, social media presence, and educational content targeting veteran and non-veteran SMB trucking entrepreneurs across the United States. The company is bootstrapped with 1-10 employees and no disclosed external funding.
OperFi firmographics
Firmographics- Name
- OperFi
- Legal name
- Operation Finance Inc.
- Website
- https://operfi.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- OperFi is a veteran-owned transportation factoring company that purchases accounts receivables from small trucking carriers and freight brokers, providing same-day working capital and back-office support to grow owner-operators into bank-financing-eligible fleets.
- Ownership category
- akta.pro rank
OperFi industry classification
Industry- Product category
- Transportation Factoring / Trucking Working Capital
- NAICS
- Support Activities for Road Transportation (4884), Freight Transportation Arrangement (488510), Credit Bureaus (561450)
- SIC
- Services-Consumer Credit Reporting, Collection Agencies (7320), Transportation Services (4700), Services-Help Supply Services (7363)
- akta.pro primary industry
- Payment Processing for Collections (Lockbox, ACH, Card, IVR) (FSAKAJAJ)
- akta.pro secondary industries
- Collections, Billing & Payment Support Customer Service (EDABACAH), Bill Aggregators & Consolidators (FSAMAJAB)
Keywords
Where OperFi is headquartered
LocationHeadquarters
- HQ city
- Cedar Hill
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
OperFi business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- Invoice Factoring: OperFi purchases accounts receivables (invoices) from trucking companies at a discounted rate, providing immediate working capital. Rates vary from 1.5-6% per transaction depending on company size, customer risk, and days-to-pay. OperFi offers both Recourse and Non-Recourse Factoring options.
- Subscription Plans: Tiered subscription model with Basic (free), Premium ($250/year), and Platinum ($500/year) tiers providing access to portal features, marketing automation, chatbot, campaign management, collaboration tools, A/B testing, and social media automation.
- Referral Partner Network: OperFi extends services through referral partners offering Insurance, Dispatch, Compliance, ELD, Fleet/Equipment Financing, Legal, and Accounting services. Revenue generated through referrals and partnerships within the trucking vendor ecosystem.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Annual | Basic - Free tier with essential features |
| Subscription | Annual | Premium - $250/year with marketing automation |
| Subscription | Annual | Platinum - $500/year with advanced sales features |
| Transaction based/ take rate | Pay-as-you-go | Custom Factoring Rates |
Go-to-market motion2 records
Distribution channels6 records
Marketing channels6 records
OperFi product offering
Product offeringCore offering
OperFi provides transportation factoring services by purchasing accounts receivables (invoices) from trucking carriers at a discounted rate, delivering immediate working capital to small trucking companies. The company bundles credit checks, billing, collections, and back-office support around its core factoring products, complemented by Fuel Cards, Tank Payments, Insurance Quotes, the BrokerPay broker platform, and the OperFi IQ mobile application for iOS and Android.
Product overview
OperFi is a transportation factoring company providing a unified platform for working capital and back-office support services to trucking entrepreneurs. The core offering is invoice/accounts receivable factoring for carriers and brokers, supplemented by add-on services including fuel cards, tank payments, insurance quotes, and mobile apps (OperFi IQ for iOS/Android). The company also offers a Training Academy for educational resources and a free Trucking Breakeven Calculator tool. Services are delivered through client portals (Broker Portal, Carrier Portal) with the aim of growing 1-3 truck operations into 15-20 truck businesses eligible for bank financing.
Differentiator
Problem solved
Functional benefit
Products and services
- Transportation Factoring OperFi purchases accounts receivables (invoices) from trucking carriers at a discounted rate, providing immediate working capital. OperFi handles billing, collections, and credit checks for trucking carriers, with factoring rates typically ranging from 1.5-6% per transaction depending on operation size, customer risk, and days-to-pay. Recourse and Non-Recourse Factoring options are available.
- Broker Factoring Factoring services specifically designed for freight brokers, including credit checking on carriers, bond filing assistance, and management of broker invoice processing through the Broker Portal and BrokerPay.
- BrokerPay Platform specifically designed for freight brokers to manage factoring relationships, submit invoices, and track payments, complementing OperFi's Broker Portal.
- Fuel Cards Fuel card services providing diesel purchasing capabilities for trucking companies, with potential discounts and tracking features.
- Tank Payments Payment services for tank truck operations, handling specialized billing and payment processing for hazmat and liquid transport.
- Insurance Quote Insurance quote referral service connecting trucking companies with insurance providers for commercial auto, cargo, and liability coverage through OperFi's vendor network.
- OperFi IQ Mobile App Mobile application available on iOS and Android platforms enabling trucking entrepreneurs to manage factoring services, view invoices, and access OperFi services on the go.
- Trucking Breakeven Calculator Free online calculator helping trucking companies determine their breakeven rate per mile based on current financial status and market conditions.
- Training Academy Educational platform providing training resources, guides, and materials for trucking entrepreneurs on topics including dispatch services, compliance, and business operations.
- Back-Office Support Services Administrative support service including credit consulting, billing services, collections, and customer verification to allow owner-operators to focus on servicing customers.
Quantifiable outcome
- Same Day payment on invoices
- +3 more outcomes
Companies that use OperFi
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles3 records
OperFi technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
OperFi partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Gary Sinise FoundationcoreOperFi partners with the Gary Sinise Foundation as part of its 'Purpose Over Profits' campaign. The foundation serves nation by honoring defenders, veterans, first responders, their families, and those in need through unique programs that entertain, educate, inspire, strengthen, and build communities. OperFi donates a portion of profits to support these initiatives.
- Oscar Mike FoundationcoreThe Oscar Mike Foundation is a 501(c)(3) public non-profit formed to support the mission of keeping Veterans On-The-Move. The foundation builds a vibrant, connected community that actively supports and improves mobility, accessibility, mental health, and well-being for veterans. OperFi donates a portion of profits to support these programs.
- America's Mighty WarriorsminorAmerica's Mighty Warriors honors the sacrifices of troops and the fallen and their families by providing programs that improve quality of life, resiliency, and recovery. OperFi supports this mission through profit donations as part of its Purpose Over Profits campaign.
- Oscar Mike ApparelminorOscar Mike Apparel was created by injured veterans and sales provide support to injured Veterans looking for opportunities to stay active. OperFi promotes this veteran-owned apparel brand as part of its veteran support ecosystem.
- Referral Partner NetworkcoreOperFi maintains a referral partner network extending services to vendors offering Insurance, Dispatch, Compliance, Electronic Logging Devices, Fleet/Equipment Financing, Legal, Accounting, and other general business services that complement the trucking industry and OperFi's core factoring offering.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
OperFi competitors and assessment
Company assessmentDirect peers
- Triumph Business Capital: Triumph provides non-recourse invoice factoring, fuel cards, and back-office services to small and mid-size trucking companies in the US — directly overlapping with OperFi's small-trucking target segment and product mix.
- Apex Capital Corp: Apex Capital is a top-tier transportation factoring company serving small and mid-size trucking carriers, with non-recourse factoring, fuel advances, and a carrier portal — directly comparable to OperFi's transportation factoring and Carrier Portal product.
- Riviera Finance: Riviera Finance is a longstanding US factoring company with a dedicated transportation/trucking practice, offering recourse and non-recourse factoring plus credit protection — comparable to OperFi on customer profile and product.
- TBS Factoring: TBS Factoring provides accounts receivable financing focused on small and mid-size trucking carriers, including broker and carrier factoring — directly competitive with OperFi on customer size and core product.
- AltLine (by The MBC Fund): AltLine operates a factoring marketplace and direct factoring programs specifically focused on small trucking carriers and freight brokers — directly competitive with OperFi on vertical, customer size, and product.
- eCapital: eCapital (including its transportation factoring brands) is one of the largest US factors focused on the trucking and transportation sector, offering invoice factoring, fuel cards, and back-office services — a direct competitor to OperFi's core offering for small carriers and brokers.
Emerging players
- AtoB: AtoB is a fintech building a payments, fuel card, and banking platform for truckers and small fleets. Partial overlap with OperFi: same customer segment, complementary product (fuel cards, payments) rather than direct factoring competition.
- Parafin: Parafin offers embedded working capital and invoice advance products to SMBs via software platforms. Same underlying product category as factoring, but distributed through platforms rather than direct-to-carrier sales.
Broad incumbents
- BlueVine: BlueVine is a larger online invoice factoring and lending platform for SMBs, including some transportation-adjacent customers. Same underlying product (invoice factoring via online portal) but a much broader, non-verticalized customer base.
- Fundbox: Fundbox provides invoice-based financing and working capital products to SMBs, including many small operators. Same general product category (invoice-driven working capital) but not verticalized to trucking.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
OperFi social profiles
Digital presenceOperFi financial estimates
Financial estimateRevenue estimate
Valuation estimate
OperFi leadership team
Management profileNumber of profiles
OperFi funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
OperFi M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about OperFi
What does OperFi do?
OperFi provides transportation factoring services by purchasing accounts receivables (invoices) from trucking carriers at a discounted rate, delivering immediate working capital to small trucking companies. The company bundles credit checks, billing, collections, and back-office support around its core factoring products, complemented by Fuel Cards, Tank Payments, Insurance Quotes, the BrokerPay broker platform, and the OperFi IQ mobile application for iOS and Android.
Is OperFi a public or private company?
OperFi is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was OperFi founded?
OperFi was founded in 2019. It employs 1 to 10 people.
Where is OperFi based?
OperFi is headquartered in Cedar Hill, United States, in the North America region.
How does OperFi make money?
Three revenue lines are on record. Invoice Factoring is the primary driver. The others are subscription Plans and referral Partner Network.
Who are OperFi's main competitors?
Direct peers on record are Triumph Business Capital, Apex Capital Corp, Riviera Finance, TBS Factoring, AltLine (by The MBC Fund) and eCapital. Emerging players are AtoB and Parafin. Broad incumbents are BlueVine and Fundbox.
Does OperFi have an API?
No public API is recorded for OperFi.
What industry is OperFi in?
OperFi's product category is Transportation Factoring / Trucking Working Capital. Its primary akta.pro industry code is FSAKAJAJ, Payment Processing for Collections (Lockbox, ACH, Card, IVR), with a secondary code of EDABACAH, Collections, Billing & Payment Support Customer Service. Its NAICS code is 4884 and its SIC code is 7320.