Quickpay Funding
Quickpay Funding is a California-based invoice factoring company that converts B2B receivables into same-day working capital for SMB and mid-market clients across transportation, produce, oilfield, commercial cleaning, staffing, and HVAC verticals, leveraging industry-first Real-Time Payments technology for 24/7 funding.
- Company typePrivate
- Founded2015
- HeadquartersEncinitas, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Quickpay Funding does
Quickpay Funding, LLC is a private invoice factoring company founded in 2015 by Juan Estrada and headquartered in Encinitas, California. The company purchases outstanding B2B accounts receivable from small and mid-market businesses, advancing 70-98% of invoice value upfront and remitting the remainder (less fees) upon customer payment, with factoring fees typically ranging from 1% to 5% of invoice value. Its core differentiator is industry-first adoption of The Clearing House's Real-Time Payments (RTP) network, enabling same-day funding in under one minute on a true 24/7/365 basis including nights, weekends, and bank holidays, capabilities that earned it recognition as a Top Issuer of Real-Time Payments nationally in 2022.
The company operates a vertically-segmented platform serving transportation and trucking (owner-operators, fleets, freight brokers), produce and agriculture (PACA-licensed), oil and gas, commercial cleaning and janitorial, staffing, HVAC, and other service industries. Its product stack centers on invoice and freight factoring, augmented by the Quickpay Portal for online account management, the Quickpay Fuel Card (powered by AtoB) offering average 45-cent-per-gallon discounts at 4,500+ truck stops, free carrier packet and MSA preparation, unlimited automated credit checks, pre-delivery cash advances up to 50% of invoice value, and AscendTMS integration offering qualifying clients free Premium TMS subscriptions.
Quickpay's go-to-market combines inside sales with 24/7 live support, an online self-service application, content marketing and SEO across industry-specific landing pages, and a network of distribution partnerships including DAT Truckers Edge, AscendTMS, IFA, PACA, and Blue Book Services. In March 2025, Quickpay was acquired by Culain Capital Management, a private equity firm focused on AR financing, combining Quickpay's vertical specialization with Culain's broader financing capacity to expand nationwide. The company is licensed under California Finance Lenders Law (License No. 60DBO 46092) and PACA (License No. 20200221), and funds over $100 million in accounts receivables annually across thousands of monthly transactions.
Quickpay Funding firmographics
Firmographics- Name
- Quickpay Funding
- Legal name
- Quickpay Funding, LLC
- Website
- https://quickpayfunding.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Quickpay Funding is a California-based invoice factoring company that converts B2B receivables into same-day working capital for SMB and mid-market clients across transportation, produce, oilfield, commercial cleaning, staffing, and HVAC verticals, leveraging industry-first Real-Time Payments technology for 24/7 funding.
- Ownership category
- akta.pro rank
Quickpay Funding industry classification
Industry- Product category
- Invoice Factoring
- NAICS
- Sales Financing (522220), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Short-Term Business Credit Institutions (6153), Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- B2B / Invoice-Based BNPL (Trade Credit at Checkout) (FSAGAIAC)
- akta.pro secondary industries
- Real-Time Payments Clearing (Instant Payment Schemes) (FSABAJAI), A2A Collections & Direct Account Funding (FSAMAFAH), Corporate Treasury & Supplier Payments (AP, Mass Payments) (FSAMAKAL)
Keywords
Where Quickpay Funding is headquartered
LocationHeadquarters
- HQ city
- Encinitas
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Quickpay Funding business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Invoice/Freight Factoring Fees: Quickpay Funding purchases outstanding accounts receivable (invoices) from clients at a discount. The company advances a percentage of the invoice value (typically 80-98%) upfront and remits the remaining balance minus the factoring fee once the customer pays. Fees typically range from 1% to 5% of the invoice amount, depending on factors such as monthly volume, customer credit quality, average invoice size, and payment terms.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Customized factoring programs tailored to each client's industry, volume, and credit profile. |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels7 records
Quickpay Funding product offering
Product offeringCore offering
Quickpay Funding purchases outstanding B2B accounts receivable (invoices) from small and mid-market businesses across transportation, produce, oilfield, janitorial, staffing, and other service verticals, advancing 70-98% of invoice value the same day of submission — including nights, weekends, and bank holidays — and remitting the balance minus a factoring fee (typically 1-5%) once the customer pays. Funding is delivered via The Clearing House's Real-Time Payments (RTP) network in under one minute.
Product overview
Quickpay Funding operates as an invoice factoring company offering a unified platform of working capital solutions. Its core product is Invoice Factoring (including industry-specific variants such as Freight Factoring for trucking/transportation, Produce Factoring for agriculture, Oilfield Factoring for oil & gas, Janitorial Factoring for commercial cleaning, and Staffing Factoring), supported by the Quickpay Portal for online account management. The product suite is complemented by the Quickpay Fuel Card (fuel discount program via AtoB), Carrier Packet Management, and Back-Office Support services. The company differentiates itself through 24/7/365 funding via Real-Time Payments (RTP) technology, zero monthly volume minimums, transparent pricing, and free credit checks and carrier packet preparation. In March 2025, Quickpay Funding was acquired by Culain Capital, expanding its national reach and product capabilities.
Differentiator
Problem solved
Functional benefit
Brands
- Quickpay Portal: Online platform for managing factoring accounts, uploading invoices, submitting credit requests, and viewing account information.
- Quickpay Fuel Card
Products and services
- Invoice Factoring Quickpay Funding's core invoice factoring service allows businesses to convert outstanding B2B accounts receivable (invoices) into immediate working capital on the same day of submission, available 24/7/365 including nights, weekends, and bank holidays. The company purchases eligible invoices and advances a large percentage of the invoice value (typically 70-98%), with the remainder (less factoring fees) remitted upon customer payment. The service includes back-office support such as collections, credit checks on debtors, and aging reporting.
- Freight Factoring A specialized variant of invoice factoring tailored for the trucking and transportation industry. Quickpay Funding's freight factoring enables owner-operators, fleets, and freight brokers to convert unpaid freight invoices into same-day capital. Includes 24/7 funding via Real-Time Payments (RTP), fuel advances up to 50% of invoice amount pre-delivery, free carrier packet and MSA preparation, and unlimited free credit checks on brokers and shippers. Variants include trucking factoring for owner-operators, fleet factoring, and freight broker factoring.
- Freight Broker Factoring A dedicated factoring product for freight brokers, enabling them to sell unpaid invoices for immediate cash advances, maintain consistent cash flow to pay carriers promptly, and reduce administrative burdens through services such as carrier packet preparation, bond filing, and year-end tax reports.
- Oilfield Factoring Invoice factoring services for companies in the oil and gas industry, including oilfield services companies specializing in water hauling, skimming, disposal, and related operations. Provides same-day invoice funding to address cash flow gaps caused by slow-paying customers in the sector.
- Produce Factoring Invoice factoring specifically designed for produce wholesalers, growers, shippers, and brokers, licensed under the Perishable Agricultural Commodities Act (PACA). Addresses the unique cash flow challenges of the produce industry caused by perishable inventory, long payment terms, and seasonal demand fluctuations.
- Janitorial Factoring Invoice factoring for commercial cleaning and janitorial companies. Helps businesses manage cash flow constrained by delayed payments from property managers and corporate clients while needing to fund labor, supplies, and equipment upfront.
- Quickpay Fuel Card A premium fuel card program provided to Quickpay Funding clients via partnership with AtoB, accepted at 4,500+ truck stops nationwide. Provides an average savings of 45 cents per gallon at the pump with zero account fees. Also available through a dedicated credit application at go.atob.com/quickpay-credit.
Quantifiable outcome
- Funding in under 1 minute via RTP network — 24/7/365 including nights, weekends, and holidays
- +4 more outcomes
Companies that use Quickpay Funding
Customer profileNamed customers14 records
Segments7 records
Ideal customer profiles3 records
Quickpay Funding technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature7 records
Quickpay Funding partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core, minor and flagship/primary.
- AtoB (Fuel Card)coreAtoB provides the technology behind the Quickpay Fuel Card, accepted at 4,500+ truck stops nationwide with zero account fees and an average savings of 45 cents per gallon. The partnership enables Quickpay to offer a differentiated fuel discount program to all factoring clients.
- AscendTMS (InMotion Global, Inc.)coreQuickpay Funding partnered with AscendTMS — the world's number one rated transportation management software (TMS) — to help clients manage freight operations. Qualifying Quickpay clients receive a free Premium subscription to AscendTMS for one year. The integration streamlines freight operations while providing same-day invoice funding, reducing invoice fraud and increasing efficiency.
- The Clearing House (RTP Network)coreQuickpay Funding utilizes The Clearing House's Real-Time Payments (RTP) network to enable instant fund transfers to clients 24/7/365. RTP is the first new core payments rail in the U.S. in over 40 years and enables truly instantaneous settlement of invoice factoring advances.
- DAT Truckers EdgeminorDAT Truckers Edge logo appears on Quickpay Funding's Industry Partners page, indicating a marketing/referral partnership that connects Quickpay's factoring services with trucking companies using the DAT load board platform.
- International Factoring Association (IFA)minorIFA logo appears on Quickpay Funding's Industry Partners page. Quickpay's CEO Juan Estrada serves on the IFA Advisory Board. The association provides industry resources, education, and networking, enhancing Quickpay's credibility and industry standing.
- PACA (Perishable Agricultural Commodities Act)minorQuickpay Funding holds a PACA license (License No. 20200221) issued by the USDA's Agricultural Marketing Service, enabling the company to legally provide produce factoring services. The PACA license logo appears on the website's industry partners section.
- Blue Book ServicesminorBlue Book Services logo appears on Quickpay Funding's Industry Partners page, indicating a marketing/referral partnership within the transportation and logistics industry.
- Culain Capital Management LLCflagship/primaryJames Franz, President & Co-Founder of Culain Capital, was named a 2025 Sentinel Award winner in ABF Journal's Legends & Leaders issue. James Franz highlighted Quickpay Funding as being part of Culain Capital's mission. Quickpay Funding and Culain Capital collaborate in providing working capital solutions to SMBs.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Quickpay Funding competitors and assessment
Company assessmentDirect peers
- Apex Capital Corp: Apex is a leading freight factoring company founded in Texas that purchases freight receivables and provides same-day advances to carriers and brokers — directly overlaps with Quickpay on product, customer, and 24/7 funding positioning.
- Porter Capital: Porter Capital provides invoice factoring and working capital lines to SMBs in trucking, staffing, and commercial services — directly comparable on product, target customer, and fee-based revenue model.
- Breakout Capital: Breakout Capital provides freight factoring and working capital to carriers and small fleets with fuel advances and credit checks — directly overlaps Quickpay on trucking focus and add-on services.
- Riviera Finance: Riviera provides invoice factoring across transportation, staffing, manufacturing, and other SMB verticals with industry-specialized underwriting — directly comparable to Quickpay's multi-vertical (freight, produce, oilfield, janitorial, staffing) approach.
- AltLine (Bank of the James): AltLine originates invoice factoring through a bank-sponsored partner program focused on SMBs across multiple verticals — a direct peer on product structure (AR purchase with reserve) and SMB customer base.
- eCapital: eCapital provides factoring and working capital solutions to SMBs across transportation, staffing, and commercial services, with similar online portal capabilities and 24/7-style funding — a direct peer where Quickpay's CEO also previously worked.
- TFS Bills (TBS Factoring): TFS Bills specializes in freight factoring for owner-operators and small fleets with quick funding and fuel card add-ons — directly comparable service bundle and customer persona to Quickpay's trucking offering.
- Triumph Business Capital: Triumph is one of the largest US freight factoring companies serving owner-operators, fleets, and freight brokers with 24/7 funding, fuel cards, and back-office services — directly comparable to Quickpay's core trucking vertical across the same customer profile.
- CapitalPlus: CapitalPlus provides invoice factoring and working capital to SMBs in construction, manufacturing, and staffing — directly comparable on purchase-of-receivables mechanics and SMB customer base.
Broad incumbents
- BlueVine: BlueVine is a larger digital SMB working capital platform offering invoice factoring, business lines of credit, and term loans — broader product portfolio than Quickpay but competing head-to-head for SMB working capital dollars.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Quickpay Funding social profiles
Digital presenceQuickpay Funding financial estimates
Financial estimateRevenue estimate
Valuation estimate
Quickpay Funding leadership team
Management profileNumber of profiles
Profiles2 records
Quickpay Funding funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Quickpay Funding 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 Quickpay Funding
What does Quickpay Funding do?
Quickpay Funding purchases outstanding B2B accounts receivable (invoices) from small and mid-market businesses across transportation, produce, oilfield, janitorial, staffing, and other service verticals, advancing 70-98% of invoice value the same day of submission — including nights, weekends, and bank holidays — and remitting the balance minus a factoring fee (typically 1-5%) once the customer pays. Funding is delivered via The Clearing House's Real-Time Payments (RTP) network in under one minute.
Is Quickpay Funding a public or private company?
Quickpay Funding is a private company. It is classified as private equity controlled and is currently operating.
When was Quickpay Funding founded?
Quickpay Funding was founded in 2015. It employs 51 to 100 people.
Where is Quickpay Funding based?
Quickpay Funding is headquartered in Encinitas, United States, in the North America region.
How does Quickpay Funding make money?
One revenue line is on record: invoice/Freight Factoring Fees.
Who are Quickpay Funding's main competitors?
Direct peers on record are Apex Capital Corp, Porter Capital, Breakout Capital, Riviera Finance, AltLine (Bank of the James), eCapital, TFS Bills (TBS Factoring), Triumph Business Capital and CapitalPlus. BlueVine is listed as a broad incumbent.
Does Quickpay Funding have an API?
No public API is recorded for Quickpay Funding.
What industry is Quickpay Funding in?
Quickpay Funding's product category is Invoice Factoring. Its primary akta.pro industry code is FSAGAIAC, B2B / Invoice-Based BNPL (Trade Credit at Checkout), with a secondary code of FSABAJAI, Real-Time Payments Clearing (Instant Payment Schemes). Its NAICS code is 522220 and its SIC code is 6153.