Bobtail factoring review (2026)
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Quick answer
Bobtail is an app-first factor with a published 1.5%–3.5% typical fee, no reserve and free same-day funding if you submit before 11 AM ET on a weekday. You can pick which brokers to factor. The trade-off: after a 90-day trial, it moves you to a long-term contract.
Key takeaways
- Typical fee 1.5%–3.5%, no hidden fees and no reserve, per Bobtail’s FAQ.
- Submit before 11 AM ET Monday–Friday and get paid by 6 PM ET the same day. Same-day and next-day are free; expedited costs extra.
- Setup takes about an hour with your driver’s license and insurance. A buyout from another factor takes about 2 days.
- You choose which brokers to factor. The 90-day trial becomes a long-term contract.
Bobtail at a glance
| Item | What they say | Source |
|---|---|---|
| Fee | Typically 1.5%–3.5%; no reserve | source |
| Funding speed | Same day if in by 11 AM ET (Mon–Fri), paid by 6 PM ET | source |
| Transfer cost | Same/next-day free; expedited extra | source |
| Contract | 90-day trial, then long-term contract | source |
| Choose brokers | Yes | source |
| Setup | About 1 hour; license and insurance | source |
| Fuel | Fleet card; no per-load fuel advance | source |
| Support | Mon–Fri, 9–5 ET | source |
What stands out
- One of the few factors that publishes a fee range.
- No reserve, so you get the full amount minus the fee.
- Fast setup and an app built for owner-operators.
What to watch
- Long-term contract after the 90-day trial. Read the term and exit rules.
- No per-load fuel advance.
- Support is weekday business hours only.
Frequently asked questions
How much does Bobtail charge?
Bobtail says its factoring fee is typically 1.5%–3.5%, with no hidden fees and no reserve.
Does Bobtail have a contract?
Bobtail starts you on a 90-day trial and then moves to a long-term contract. Ask for the term length and cancellation rules before the trial ends.
How fast does Bobtail pay?
Invoices submitted before 11 AM ET, Monday through Friday, are paid by 6 PM ET the same day. Same-day and next-day funding are free; expedited funding costs extra.
Does Bobtail offer fuel advances?
No per-load fuel advance is offered. Bobtail has a fleet fuel card instead.