Flat Rate Funding Group

What Flat Rate Funding Group does

Flat Rate Funding Group, operating commercially as RoadEx (legal entity: RoadEx Solutions, LLC), is a U.S. transportation-focused financial services company founded in 2014 and headquartered in Southfield, Michigan. The company provides fixed-rate, non-recourse invoice factoring to small and mid-sized trucking carriers and owner-operators, bundled with adjacent services including EFS-branded fuel cards, commercial trucking insurance brokerage, freight dispatch, and transportation brokerage. Its signature product, RoadEx RapidPay, advances verified invoice proceeds within 10 minutes or less, with no wire fees and availability on bank holidays. RoadEx positions itself as a 'one-stop shop' for the trucking industry, with all executive experience described as spanning the trucking sector.

The technology stack centers on a customer-facing cloud platform that includes the FactorView self-service factoring portal, dedicated iOS and Android mobile applications, a freight matching system that the company claims enables carriers to earn approximately 15% above the industry average, and integrations with DecipherCredit (application intake and credit processing), Speedpay (fuel payment processing), and EFS (fuel card network). The company is not disclosed to have proprietary AI/ML infrastructure; freight matching is described as 'state-of-the-art' but no machine-learning components are documented. Sales and onboarding run through an inside-sales desk reachable at 607-TRUCKER, augmented by an affiliate/referral program and inbound web applications.

The business model is entirely transaction-fee based: factoring spreads on purchased invoices, interchange and transaction fees on EFS fuel card spend, commissions on placed insurance, and load-placement fees on dispatch and brokerage. Pricing is not publicly disclosed and is quote-based, varying by carrier size, credit, volume, and service mix. Distribution is U.S.-only and targets SMB trucking operators with limited fleets. Headcount is stated at 11-50 employees and the company holds BBB A+ accreditation, an Invoice Factoring Association (IFA) membership, and an 'Excellent' Trustpilot rating across 183 reviews.

Name

Flat Rate Funding Group

Legal name

RoadEx Solutions, LLC

Website

https://flatratefunding.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Flat Rate Funding Group, operating as RoadEx Solutions, is a Michigan-based financial services company providing fixed-rate invoice factoring and bundled services (fuel cards, insurance, dispatch, brokerage) to small and mid-sized U.S. trucking carriers and owner-operators.

Ownership category

akta.pro rank

NAICS

Freight Transportation Arrangement (488510), Support Activities for Road Transportation (4884), Freight Transportation Arrangement (4885)

SIC

Arrangement Of Transportation Of Freight & Cargo (4731), Finance Lessors (6172)

akta.pro primary industry

Dedicated / Contract Carriage Brokerage (Shippers’ Managed Capacity) (TLACACAF)

akta.pro secondary industries

Commercial Trucking & Heavy Equipment Vehicle Finance (FSAKADAI), Driver Expense Management & Reimbursement (T&E for Drivers) (TLABAMAF)

Keywords

• Invoice factoring services
• Fuel card programs
• Commercial trucking insurance
• Freight dispatch services
• Transportation brokerage

Headquarters

HQ city

Livonia

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Invoice Factoring: Non-recourse factoring services for trucking companies where RoadEx purchases invoices at a discount, providing immediate cash flow to carriers. Revenue generated through factoring fees and discount rates applied to invoices.
2. Fuel Cards: EFS fuel card program offering fuel discounts to trucking fleets. Revenue derived from transaction fees and interchange income from fuel purchases, with savings passed to carriers through discounted fuel pricing.
3. Commercial Trucking Insurance: Insurance brokerage services connecting trucking companies with coverage providers. Revenue generated through commissions from insurance carriers.
4. Dispatch Services: Freight dispatch agency matching carriers with loads using network partnerships and technology. Revenue model based on successful load placements.
5. Transportation Brokerage: Brokerage services matching shippers with carriers, providing tailor-fit logistics solutions. Revenue generated through brokerage fees on transported freight.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Flat Rate Funding Group (operating as RoadEx / RoadEx Solutions, LLC) provides a one-stop-shop of services to the U.S. trucking industry. Its core offerings include non-recourse invoice factoring with instant RoadEx RapidPay funding, EFS fuel card programs with fleet discounts, commercial trucking insurance brokerage, freight dispatch services leveraging matching technology, and tailored transportation brokerage solutions for shippers.

Product overview

RoadEx is a one-stop-shop platform for truckers offering integrated financial and logistics services. The core platform combines invoice factoring (RoadEx RapidPay for instant funding), EFS Fuel Cards with fleet discounts, Commercial Trucking Insurance, Dispatch Services using freight matching technology, and Transportation/Brokerage Services. These products are designed to work together as a unified ecosystem for small and mid-sized trucking carriers, eliminating the need for multiple vendors. Additional offerings include an Affiliate Program for referral partnerships and a mobile app for iOS and Android devices.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Carriers earn 15% higher than industry average through dispatch services
• +3 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature3 records

Partnerships

Three partnerships are on record, tiered core and minor.

• EFS (Electronic Funds Source)coreChannel Partner/ Reseller/ DistributorEFS provides the fuel card program offered by RoadEx, enabling trucking fleets to access fuel discounts across their network. RoadEx resells/distributes EFS fuel cards to their trucking customers as part of their one-stop-shop offering.
• Decipher CreditminorChannel Partner/ Reseller/ DistributorDecipher Credit provides the application and lending platform used for customer applications and credit processing. RoadEx uses their infrastructure for the Apply Now and Request a Quote flows.
• Network Partners (Freight Matching)coreStrategic or Co-development PartnerPartnerships with shippers and carriers for freight matching enable RoadEx to provide dispatch services. These network partnerships combined with their freight matching technology allow them to consistently earn carriers 15% higher than industry average.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• AtoB: Fintech platform offering fuel cards, fleet management, and embedded financial services for trucking; partial overlap with RoadEx's fuel card and broader financial services stack, and a potential rate-compression threat.
• Loadsmart: Digital freight brokerage and transportation management platform; partial overlap with RoadEx's brokerage/dispatch offering and a technology peer in the freight-matching category.

Broad incumbents

• WEX Inc. Public fleet payment solutions company including fuel cards and mobility payments for commercial fleets; comparable to RoadEx's fuel card line and a potential cross-sell partner or competitor.
• Comdata: Long-established fleet fuel card and payment solutions provider serving carriers and fleets at scale; comparable to RoadEx's EFS-fuel-card offering but at much larger scale and as part of a broader payment portfolio.
• EFS (Electronic Funds Source): Trucking-focused fuel card and payment network provider; this is RoadEx's own fuel card partner but is also a competitor in the fuel card distribution layer that anchors RoadEx's offering.

Direct peers

• TriumphPay: Division of Triumph Financial focused on factoring and payment solutions for the trucking industry; directly comparable to RoadEx's factoring, broker payments, and carrier services bundle.
• Apex Capital: One of the largest trucking factoring companies, serving carriers with non-recourse factoring, fuel advances, and operational services — directly comparable in product mix and target customer to RoadEx.
• OTR Capital Solutions: Trucking-focused non-recourse factoring provider serving small and mid-sized carriers; competes directly with RoadEx's invoice factoring core offering and also bundles fuel cards and back-office services.
• Truckstop: Leading freight matching and load board platform for carriers and brokers; comparable to RoadEx's dispatch and freight-matching technology layer, particularly the load-sourcing portion of the bundle.
• TBS Factoring: Trucking-specific factoring company providing non-recourse invoice factoring and related back-office services to small and mid-sized carriers — direct competitor on the factoring side of RoadEx's bundle.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/RoadEx-For-Truckers-537311650523896
• LinkedInlinkedin.com/company/roadex
• Instagraminstagram.com/roadex
• Xx.com/flatratefunding

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Flat Rate Funding Group