Steelhead Finance
3518 Heathrow Way, Medford, OR 97504
Primary product: Freight factoring
About Steelhead Finance
Steelhead Finance is a Medford, Oregon, factoring company that began in 1981 and has focused on transportation receivables since 1984; it is owned by People's Bank of Commerce. It factors for trucking companies and freight brokers on recourse or non-recourse terms, with advances up to 99%, fees from about 1% to 5% and same-day wire funding. Carriers also get fuel card discounts, free credit checks, authority setup help and no startup fees.
Financial Products
- Freight factoring
- Non-recourse factoring
- Recourse factoring
- Minimum credit facility
- Contact for details
- Maximum credit facility
- Contact for details
Industries Served
Featured Services
- No minimum fees
- No startup fees
- Non-recourse option
- Same-day funding
- Startups welcome
Standard Terms
| Startup fee | NoneSource, checked 2026-11-05 |
|---|---|
| Contract term | Contact for details |
| Advance rates | Up to 99%Source, checked 2026-11-05 |
| Factoring fee | 1%–5%Source, checked 2026-11-05 |
| Minimum volume fees | NoneSource, checked 2026-11-05 |
| Additional fees | Contact for pricing |
| Reserves | Contact for details |
| Recourse | Recourse and non-recourseSource, checked 2026-11-05 |
| Funding speed | Same daySource, checked 2026-11-05 |
* Actual terms may vary. Your quote is set by the company for your volume and customers.