Riviera Finance

Pioneer Blvd, Santa Fe Springs, CA 90670

Primary product: Freight factoring

About Riviera Finance

Riviera Finance has offered full-service, non-recourse invoice factoring since 1969, with more than 25 offices across the United States and Canada. Clients work with a local account team. Riviera advances up to 95% of each invoice, funds verified invoices within 24 hours and has no monthly minimums. Its free FastCredit tool lets clients check customer credit around the clock.

Financial Products

Freight factoring
Non-recourse factoring
Spot (single-invoice) factoring

Minimum credit facility: Contact for details
Maximum credit facility: Contact for details

Industries Served

Featured Services

Dedicated account manager
No long-term contract
No minimum fees
No startup fees
Non-recourse option
Single-invoice factoring
Free credit checks
Online portal
Startups welcome

Standard Terms

Startup fee	NoneSource, checked 2026-11-05
Contract term	No long-term contractSource, checked 2026-11-05
Advance rates	Up to 95%Source, checked 2026-11-04
Factoring fee	Contact for pricing
Minimum volume fees	NoneSource, checked 2026-11-04
Additional fees	Contact for pricing
Reserves	Contact for details
Recourse	Non-recourse offeredSource, checked 2026-11-05
Funding speed	Within 24 hoursSource, checked 2026-11-05

* Actual terms may vary. Your quote is set by the company for your volume and customers.

Company profile

Overview

Riviera Finance has provided invoice factoring since 1969. Its executive team page says co-founder David Clark started the business that year. The company describes its product as full-service, non-recourse factoring for small and medium-sized businesses.

Riviera says it runs more than 25 offices across the US and Canada. It says it employs 125 people who approve credit, process invoices and send wires, and that it serves more than 2,000 clients. Its FAQ says it serves clients in all 50 states and Canada. It buys creditworthy invoices from customers anywhere in either country. Clients work with an account executive in a regional office.

Services

Non-recourse factoring. Riviera says it takes the credit risk on all the invoices it factors. Its non-recourse page says that if it factors an invoice and the customer cannot pay, it absorbs the loss.
Credit and collections. The full-service model includes credit approval, invoice processing and collections.
FastCredit. An automated credit approval tool. It checks whether a customer is approved for factoring and shows Riviera's payment history on that customer. It is available 24 hours a day, 365 days a year. The non-recourse page says it is offered at no extra cost to clients. New users get a 15-day free trial.
ROAM (Riviera Online Account Management). Gives 24/7 access to account history.
Fuel card. Discounts at about 1,800 locations nationwide, including TA and Petro, Speedway and Roady's. Its transportation page says there are no account set-up or monthly maintenance fees, and low transaction fees. Riviera does not advertise fuel advances before delivery.

Industries served

Transportation is one of several industries Riviera serves. Others include temporary staffing, energy, telecom and underground utility contractors. Its FAQ also lists manufacturers, wholesalers, printing companies, janitorial firms and armed guard services among its clients. It serves companies from start-up up to $2 million in monthly sales.

Published terms

Term	What the company publishes
Advance rate	Up to 95% of each freight bill (transportation and freight factoring pages)
Factoring fee	Contact for pricing Calculated as a percentage of the invoice at a pre-determined rate
Reserves	FAQ says it aims to fund clients without holding reserves
Minimum volume	No monthly minimums (freight factoring page); clients choose which invoices to factor (FAQ)
Contract length	Standard term of six months, adjustable to the client (FAQ).
Notice and termination fees	Contact for pricing
Recourse	Non-recourse; Riviera absorbs the loss if a factored customer cannot pay
Collateral	First position on all accounts receivable while factoring (FAQ).
Funding speed	Verified invoices on pre-approved customers funded within 24 hours of receipt; invoices on customers not yet approved usually within 24 hours as well
Setup and application fees	No start-up fees and no application processing fee (FAQ)
Other fees	Contact for pricing

Riviera's transportation page describes its rates as competitive with no hidden fees. Its FAQ and "why Riviera" page say there are no long-term contracts. The same FAQ gives a standard term of six months.

How to apply

Its FAQ says a preliminary term sheet usually follows within 24 to 48 hours. Four to seven working days is normally enough to fund a new client. The FAQ says start-ups are accepted in most cases, provided there are verifiable receivables.

After setup, funds are sent by ACH or wire, by overnight check, or by check collected in person. Office locations are on its offices page, listed under Sources.